Not too far from the truth. Will the grid be able to keep up with the demand? Highly doubtful. What will the rates be like? Who knows. In Colorado we're going to a tiered rate system. Lowest electricity rates from 8:00 pm to 10:00 am, higher rate from then until 2:00 pm, then the highest rate from 2:00 pm to 8:00 pm. Trying to get people to postpone running large appliances like washers, dryers, and dishwashers during peak times and to not run their air conditioners as much. Obviously charging cars fits in there as well.
