American Economic Journal:
Economic Policy
ISSN 1945-7731 (Print) | ISSN 1945-774X (Online)
Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging
American Economic Journal: Economic Policy
vol. 17,
no. 1, February 2025
(pp. 362–400)
Abstract
This paper quantifies the value of electric vehicle (EV) charging networks and the marginal value of network speed and density. We estimate a model of gasoline drivers' refueling preferences and simulate how these potential future EV drivers value refueling time under counterfactual charging networks. Drivers value refueling time at $19.73/hour. EV adopters with home charging receive $675 per vehicle in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs $7,763 for drivers using public charging. Increasing network charging speed yields three times greater time savings than a proportional increase in station density.Citation
Dorsey, Jackson, Ashley Langer, and Shaun McRae. 2025. "Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging." American Economic Journal: Economic Policy 17 (1): 362–400. DOI: 10.1257/pol.20220130Additional Materials
JEL Classification
- D12 Consumer Economics: Empirical Analysis
- H54 National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
- Q42 Alternative Energy Sources
- Q58 Environmental Economics: Government Policy
- R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise