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Electricity is going to get a lot more expensive. The production capacity we have now and are planning is going to be strained past breaking point when we start using it for things we currently use fossil fuels for.
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China doubled their generating capacity in five years from 2000-2005. The United States has doubled its electricity generating capacity within a decade in the past. Due to the greater efficiency of electric motors electrifying all US cars and trucks would increase electrical consumption very roughly by a third. If the US expanded its generating capacity at roughly the same rate it did in the 60s it would take about three years to expand capacity by a third.
Note I'm not saying I think this will happen, I'm pointing out that it did happen in the past and I'll mention that during the time it happened electricity prices fell in real terms.