Gasoline is cheap right now — but charging an EV is still cheaper
Gasoline is cheap right now — but charging an EV is still cheaper
The price of home charging an electric vehicle in the U.S., on average, is equivalent to $1.41 per gallon.
Yeah when I heard it was equivalent to 100 mpg for most electric vehicles that seems like a no brainer as long as you have access to charge
Also an unexpected benefit is that if you can home charge, which I can, you've got the equivalent of a gas station at home so you're pretty much always ready to go anywhere within a pretty reasonable distance.
Yeah I'd only get an ev if you can home charge tbh.
Is MUCH cheaper, the stations add a significant upcharge on the kWh cost. And you can charge at night when the power is even cheaper
This only works if your home parking spot is both static and provides an electrical hookup. If you live in a city and need a car, going electric can be a massive pain in the ass, because most apartments in major cities don’t include reliable parking with guaranteed electrical access, much less a garage.
Source: in Boston, I have multiple friends who want to go electric, but can’t realistically because they only have street parking.
Petrol is cheap? I certainly haven't noticed.
How much are these Americans paying for their electricity? I recently got a PHEV, and if I add up what I pay in petrol with what my charger tells me I used in electricity, it's about the same as my old petrol car. I guess it's impressive that a 2020 SUV is costing the same to run as a 2012 hatchback, but I'm not seeing running on electric to be much of a cost saver.
Right now gasoline is not "cheap."
US numbers, here. Circa 1995, 87 unleaded held at $0.99 per gallon for as long as gas station operators could hold on because they were deathly afraid of being perceived to cross the $1 mark. That's $1.98/gal in today's money adjusted for inflation. That was cheap. That's actually cheaper in inflation-adjusted terms than it was in your parents' golden years when they claimed everything cost a nickel. Cheaper even than it was in 1964 or even 1955.
Though it was even cheaper in the past, gasoline today is still VERY cheap in the US because the US has one of the lowest fuel taxes in the developed world. Economists, right and left, love the gas tax because driving incurs so many negative externalities.
Incidentally, this is one reason why roads and bridges are falling apart in such a rich country. The fuel tax pays for infrastructure and it is way too low.
I hate articles like this because it’s more nuanced than the title suggests. It’s cheaper for me to charge off peak at 11¢/kWh. It is NOT cheaper at 33¢/KwH on peak. Also, this rate varies from municipality to municipality.
🤣
I didn't make it three words into the title this time.
This is compared to charging at home. With a 240v plugin in your garage. Don't buy electric if you live in an apartment because charging is a nightmare AND more expensive. And if you need to drive more than an hour one-way you'll probably need to charge on the way home or if you're going out again the same day. And if you live in an area where it's cold half the year, enjoy losing ~30% battery efficiency
I mean we don't have a charger but we charge at work. Sometimes we go into town and buy things and whatnot, then we use the 11 kW charger. It was free before but now it costs $0,025* per kWh.
In -40 we lost 40% range or so, but the ones who have range problems are also mostoften the ones not owning an EV.
Fuck. Cheap for who? The fucking shitstain billionaires that trap us in this fucking mess by hoarding all the wealth and using it to further fuck everything up and leave us with the mess?