NPR

U.S. Utilities Look To Electric Cars As Their Savior Amid Decline In Demand

After years of rising demand, utility companies are staring down a projected decline in the demand for electricity. They say the budding electric car industry could save them.
A Tesla Model S electric vehicle is charged at a car dealership in Shanghai, China, in March 2015. Source: Johannes Eisele

The U.S. electricity sector is eyeing the developing electric car market as a remedy for an unprecedented decline in demand for electricity.

After decades of rising electricity demand, experts say the utility industry grossly underestimated the impact of cheap renewable energy and the surge of natural gas production. For the first time ever, the Tennessee Valley Authority is projecting a in demand across the region it serves in seven states, which is the first persistent decline in

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