Just How Much Are E.V. Drivers Saving With Gas Prices Still High? Over a long period, gas prices tend to be more volatile than electricity rates.
21h 31m ago by slrpnk.net/u/silence7 in electricvehicles@slrpnk.net from www.nytimes.com
$0.05/mile EV ($0.15/kWh / 3mi/kWh)
vs
$0.17/mile Gas ($5.00/gal / 30mi/gal)
I’m saving so much more than that it’s not even funny. Rates are 11.5¢kWh and even lower if I charge at certain stations. I get around 4mi per kWh. And if I was driving a gas vehicle it would be our truck and that’s like 18mpg. It’s seriously insane the price difference right now.
US avg is currently $4/gal.
But I think the point is that these can vary pretty wildly based on location. In most cases it's probably several years before you begin to break even. But I would argue the larger savings are on service.
Ridiculously cheap. We’re in the UK and our old IC car cost about £0.196 ($0.26) per mile (at today’s fuel prices) and our EV costs us £0.009 ($0.01) per mile; so around 20 times more expensive to drive an IC over an EV.
[We very rarely (i.e. twice) use public chargers. All charging is at home]
The longer eco story is even more astonishing, and I honestly wouldn’t have believed the figures 3 years ago.
We were lucky enough to be able to build an eco house. It took us over 2 years and I wouldn’t do it again, but that’s another story. However, the fuel bills are a real eye opener.
Our average monthly energy bill is around £30 ($40) (plus £20 ($26) standing charge - a fee you have to pay even if you don’t use any power). That works out to £360 ($483) a year, INCLUDING running the car!
Our old (much smaller) home was costing around £2000 ($2683) (plus 2 x standing charge, one for electricity and one for heating gas) and about £1200 ($1610) on fuel for the car.
So we’ve gone from a total energy bill (for living and travel) of £267 ($358) a month to £30 ($40) a month.
Obviously there are some huge capital costs in building an energy efficient house and buying an EV. But the recurrent costs are insane.