04-02-2016, 02:32 PM
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Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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Therefore the average person driving an average EV 15,000 miles per year pay about $540.00 per year to charge it. As mentioned, the cost of electricity can vary greatly depending on where you live, but in order to equal the price of the average gasoline car?s fuel costs, the price of electricity would have to be four times the national average, and cost 48 cents per kWh. Nowhere in the continental US does electricity cost even close to that much. So the average person would save roughly $1,600 per year in fuel alone, and that's if gasoline prices remain around $3.53 per gallon. Gasoline prices do frequently spike up and down, but in the long run it always goes up. Electricity costs do eventually increase also, but not nearly at the pace of gasoline. Plus with fewer moving parts, EVs cost much less to maintain. If you combine the fuel savings with the reduced maintenance costs, it's clear to see an EV will cost you much less in the long run, even if it costs a little more up front.
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Charging an electric car is seriously cheap. For a typical pure electric car charged from flat to full, the cost could be as little as £0.96p depending on tariff, but it?s very unlikely to be more than £3.40. And that?s for 100 miles range. EVs are also road tax exempt, don't have to pay the London Congestion Charge and benefit from free parking in many pay & display spots
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There's more to buying a car than the purchase price. |
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