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EVs may be the way to drive down everyone's power bills

Vehicle-to-grid technology could make electricity cheaper and help stabilise the energy network. (Joel Carrett/AAP PHOTOS)

Incentives for electric car owners to sell energy stored in their vehicles back to the grid could deliver a $230 million national windfall and make power cheaper for everyone.

Modelling by the Electric Vehicle Council suggests a $3000 government rebate towards vehicle-to-grid, or V2G, chargers would create $4500 in downward pressure on electricity bills Australia wide.

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