Posted on 03/21/2022 1:53:25 PM PDT by Beave Meister
It has been true for years: Mile for mile, it’s cheaper — generally much cheaper — to recharge an electric vehicle than it is to refuel one with an internal-combustion engine.
That has been a key selling point for Tesla and other EV makers, particularly in times when gas prices have soared, such as now. But this time there’s a wrinkle: While gas prices have indeed soared in the wake of Russia’s invasion of Ukraine, so have electricity prices — particularly in some parts of the U.S. that have been big markets for Tesla’s EVs.
That raises a question: Is it still true that it’s much cheaper to “refuel” an EV? The charts below, which show how much the cost to add 100 miles of range to the average EV or internal-combustion vehicle has changed in different markets over time, help us find the answer.
The first chart, using nationwide figures, provides a baseline. The others use data specific to Boston and San Francisco, two markets where EVs are popular — and where electricity tends to be more expensive than the national average.
(Excerpt) Read more at cnbc.com ...
What happens when everybody has an EV, supposedly, and there isn’t enough electricity to supply these vehicles?
Costs will rise from that $1.50 to $12.00, or something.
It’s going to rise just the same for me to cook my supper. It will go from 25 cents to $3.00.
It will be impoverishing for all around.
Anybody who can’t foresee the corollary rise in costs for other activities that use electricity is an idiot.
Someone remind me, is the US media trustworthy?
The fast charging stations (still at least half an hour) are charging a lot of $. Apparently, the cost there is more than at the gas station!
“It has been true for years: Mile for mile, it’s cheaper — generally much cheaper — to recharge an electric vehicle than it is to refuel one with an internal-combustion engine.”
‘Much cheaper’ only if one doesn’t factor in the cost of generating said volts ...
Ijits
The thing to do would be:
1) Get cost to produce a gallon of gas, get it to a gas station, and pump it out.
2) Pick your mpg, say a 25mpg car goes 25 miles on that gallon.
3) Pick your route - determine a fixed course and accelerations required to complete it in a certain amount of time.
4) Get the cost of producing the electricy required for an EV to follow the same course in the same way and time.
The problem is we’re phasing out an abundant electric generating resource (coal) and getting more dependent on a less abundant resource (nat gas) which will continue to ramp up in price with demand.
The ChiCom approach of building lots of new coal plants may be pretty economical. Especially if they can attain hegemony over Australia for their supply.
Absolutely. In California they have already asked residents to avoid charging your electric vehicle amid power grid strain...
The propaganda will not convince me that electric is better.
What’s the current kwh rate in CA right now?
Saw Tesla EV stations at a Stuckey’s on a rural part of the Interstate in my area when I passed through a few weeks back.
So is anyone who thinks that electrical generation and transmission capacity is finite.
Just point theirs to their Sun God. Cost 0.
They don’t need Australia, they already have US.
It’s a LOT shorter barge trip from Aus.
“Someone remind me, is the US media trustworthy?”
Does Biden or the HO have a measurable IQ?
Does Dan Rather lie?
Did Bubba “not have sex with that woman”?
I can attest with my special charging overnight rate in GA, I am currently paying about $1.05 per 100 miles to charge at home. That is up from 78 cents I was paying in 2015 when I got the car. It’s easy to calculate based on the battery capacity and the rate per kilowatt.
However:
To get that rate I have higher peak hour rates in the summer. So the net effect is probably about $2 per 100 miles.
But more importantly THE RATES WILL START GOING UP DRAMATICALLY WHEN HUGE NUMBERS OF PEOPLE ARE CHARGING! This is simply an early adopter benefit right now, subsidized by the government.
When those rates skyrocket, the average household will suffer huge electricity rate hikes. All to pay for wealthy people to have EVs and preach to them.
One would need to see the underlying details to see what all is included. Does it include occasional battery replacements?
Right now EVs are probably less costly. They should be because they are more expensive to purchase initially. If not why even buy one now?
Then I would want to see future projected costs and assumed penetration rates of EVs. Once many cut over to EVs then surplus gasoline supplies should reduce the costs of gasoline while electricity costs should go up because of increased demand on electricity, etc.
All of those things can be modeled. However one can play games with assumptions whether they are on pro-EV side or pro-GAS side. I would want to see a fair modeled comparison with all the parameters exposed.
Not to mention batteries last about 8 -10 years, while losing efficiency. Replacement cost at today’s prices are between $5000 - $20000 each.
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