The present study finds that adding Electric Vehicles (EVs) to the Colorado electricity system will assist in reducing GHG emissions, while lowering energy costs for Coloradans. Fuel costs are reduced by nearly $600 per year, while slightly lowering electricity rates.

The reduction in GHG emissions equates to more than completely decarbonizing the electricity grid alone. The electrification of transportation becomes essential in helping lower economy-wide emissions in an affordable manner. The addition of EVs provides flexibility within the electricity grid over Colorado, which can enable more variable renewable energy sources.