[yazaddaruvala]

> A lot of people don't own/live in a house in Europe,

Ok fair enough, I shouldn't have said "on your house".

The point of my comment was the decentralization of energy production and storage. i.e. "Cost of charging an EV is bounded by the ability to add solar panels to [someone's] house [, relatively nearby]". e.g. please look into https://www.energy.gov/eere/solar/community-solar-basics

For as many people in the city that cannot add solar panels, there is land owned by someone who is very happy to install solar (with your money - as an "investor"), generate an excess, and sell it to the grid. It seems very unlikely that "the invisible hand of the free market" will result in higher cost of electricity for individuals.

Additionally, from 2019: "Under the 25-year contract with developer 8minute Solar Energy, the Los Angeles Department of Water and Power would pay less than 2 cents per kilowatt-hour — a number city officials and independent experts say would be the lowest price ever paid for solar power in the United States, and cheaper than the cost of electricity from a typical natural gas-fired power plant."

https://www.latimes.com/environment/story/2019-08-27/los-ang...