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Which Really Costs More: Charging an EV or Filling Up Your Tank With Gas?
yahoo news ^ | December 27, 2021, 5:27 PM | Andrew Lisa

Posted on 12/28/2021 8:40:56 AM PST by RicocheT

Compelling new evidence reveals a disconnect between the metrics used to analyze fuel costs and the realities that EV drivers face on the ground.

The More You Consider, the Worse EVs Look Again, the new research is just the first installment in a larger series, but its results are undeniably head-turning. The study found that:

Commercial charging rates are two to four times higher than residential rates.

Level 1 chargers cost an average of $600 to install and can take 20 hours to fully charge an EV.

Level 2 chargers are much faster but cost $1,600.

“Full charge” is a misleading term because charging past 90% is slow, difficult and unadvised, which means you get far fewer miles than the advertised ranges would have you believe. Gas vehicles, on the other hand, are good for 300-400 miles per tank.

Considering all of those factors, and presuming a greater reliance on commercial charging, it would cost $8.58 to fuel a mid-priced gas car that gets 33 mpg for 100 miles at $2.81 a gallon. Comparatively, a mid-priced EV — Tesla Model 3, Nissan Leaf or Chevy Bolt — would cost $12.95 per 100 miles.

Annually, presuming 12,000 miles driven, it would cost $1,030 to drive a gas car versus $1,554 for an EV.

This article originally appeared on GOBankingRates.com: Which Really Costs More: Charging an EV or Filling Up Your Tank With Gas?

(Excerpt) Read more at yahoo.com ...


TOPICS:
KEYWORDS: chargingev; ev; eveconomics; gasvelectric; gasvselectric
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To: spokeshave

101 posted on 12/28/2021 9:39:19 AM PST by spokeshave (Get ahead by banning fossil fools, like McConnell, Biden, Pelosi, Feinstein, Schumer, Leahy, etc.)
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To: cuban leaf

I saw a californication person arguing that electric cars can be charged at night “when rates are cheaper” as they argued for ev’s, and thought “sure, it’s cheaper at night now because there isn’t as much usage during the night, but as soon as everyone has ev’s most of the usage will be at night as folks charge their cars over night, which will drive prices through the roof”

And I also thought “hmm, odd, because ca,ifornia can’t even keep,up with its electricity demands now, and often have rolling brown outs znd even have to throttle what can be used and when. Znd they want to multiply the demand for electricity by a kazillion?”


102 posted on 12/28/2021 9:39:27 AM PST by Bob434
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To: RicocheT

103 posted on 12/28/2021 9:39:29 AM PST by aMorePerfectUnion (Fraud vitiates everything ᡕᠵ᠊ᡃ࡚ࠢ࠘ ⸝່ࠡࠣ᠊߯᠆ࠣ࠘ᡁࠣ࠘᠊᠊ࠢ࠘𐡏⁻ )
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To: Mariner

“I’m wonderin’ where people buy gas for $2.81/gal.”

Gasbuddy.com will tell you. Arkansas, Texas Louisiana, anywhere close to refineries.


104 posted on 12/28/2021 9:40:00 AM PST by SaxxonWoods
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To: Labyrinthos

Here in the Northwest, most of our electricity comes from hydropower. However for most of the rest of the country, it comes from either petroleum or coal. When you try to tell people Who like electric cars anything different, they’d run away with her hands over their ears, either yelling “la la la la la” or “you’re a racist! you’re a racist! you’re a racist!”.


105 posted on 12/28/2021 9:41:03 AM PST by hoagy62 (DTCM&OTTH)
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To: RicocheT

geography and season are accounted for i take it... and it’s still a no


106 posted on 12/28/2021 9:42:04 AM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: dfwgator

[[Again. What is the “problem” EVs are trying to solve?]]

The problem in th3 minds of liberals is that mankind is enjoying themselves and living a life of comfort and convenience, and that passes liberals off to no end


107 posted on 12/28/2021 9:42:05 AM PST by Bob434
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To: Sacajaweau

Unicorn farts, or so I’ve been told.


108 posted on 12/28/2021 9:43:01 AM PST by mykroar (There is no instance of a country having benefited from prolonged warfare. - Sun Tzu)
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To: qwerty1234; RicocheT

“I have no plans on owning an EV, but this article is playing pretty loose with the facts to make its point as far as I can tell, i.e. factoring the cost of a charger in how much it costs to drive 200 miles, without explaining how long a charger might last and laying bare all the facts. Seems more like they started with a conclusion and twisted the facts to support it.”

Totally agree. An asinine article.


109 posted on 12/28/2021 9:43:31 AM PST by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: RicocheT

https://www.thedrive.com/tech/43592/heres-how-a-tesla-model-s-holds-up-after-424000-miles

The only major piece of service that the Model S has undergone, according to Carlson, was a battery replacement. The Tesla previously received a new battery under warranty at around 250,000 miles, meaning that the car now has 180,000 on its current battery pack. Since its pack replacement, the car’s original range of 240 miles has dropped to between 180 and 200 miles on a full charge, meaning a loss of as much as 25 percent.


110 posted on 12/28/2021 9:44:32 AM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: cuban leaf
Of course, one of the proposals for a mileage tax is not to tax people based on the odometer, but rather to mandate GPS and download where they have been at every second of every day, with accurate positions and timestamps, "for the purpose of collecting taxes" (and for other purposes).
111 posted on 12/28/2021 9:44:46 AM PST by coloradan (They're not the mainstream media, they're the gaslight media. It's what they do. )
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To: Pearls Before Swine
Agree with you on Cape Code having higher rates. My relatively low rates in Alabama is a reason I had to study hard to see if getting solar was worth it (why try to save on power if power didn't cost much). But it turns out we have great sunshine here. When I go to http://tsi.tyconsystems.com/html/nrel_lookup.htm and enter my zip code I get these for average solar peak hours per month:

Jan: 3.67
Feb: 4.17
Mar: 5.03
Apr: 5.45
May: 5.57
Jun: 5.64
Jul: 5.5
Aug: 5.73
Sep: 5.37
Oct: 4.93
Nov: 4.18
Dec: 3.5

That's why my solar system is paying for itself easily. And that's why I think I can buy an EV and power it some with my solar system without heavily demanding power from the grid (like I'm afraid of if the Dims succeed in forcing everybody to drive EV's). I think I could upgrade my solar system for about $30K+, make it supply about 90% of the power needed for both my house and an EV, and it pay for itself in 15 years. But all of that works in a nice sunshiney area like Alabama.

Since you're from Cape Cod, you might be interested in researching how egg heads from MIT told us over and over in the 1980's that Reagan's missile defense system idea was make-believe, that "you can't hit a bullet with another bullet". So when they passed the Strategic Defense Initiative (SDI) bill to build missile defense, it wasn't done up in Cambridge where they said it couldn't be done. It was done here in Huntsville, Sweet Home Alabama and in less than 8 years the Patriot missile was intercepting Saddam's Russian made scud missiles at a 94% success rate (as per the first month's of operation, and looking at the scud missiles targeting American positions that had the new Patriot missile deployed). A 94% success rate at something MIT said could not be done.

112 posted on 12/28/2021 9:45:05 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: BradyLS

The thinking behind EVs is like every other thing popular with liberals:

You are living too nice a life and need to suffer, racists.


113 posted on 12/28/2021 9:47:53 AM PST by SaxxonWoods
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To: Chode

because some of those batteries were mfg in 2017...

https://www.thedrive.com/news/43593/tesla-is-selling-2021-model-3s-with-degraded-batteries-from-2017

When someone buys a new car, they generally expect to be getting a vehicle that’s fully up-to-date, not one built with leftover parts. Tesla customers who don’t read the fine print, though, could accidentally end up paying the price for a “new” Model 3 with a years-old battery, one which Tesla acknowledges may have already lost almost an eighth of its total capacity.

Use of older batteries in new Model 3s was first observed on Twitter, where user William Hummel shared images of a disclaimer on Tesla’s website that notes up to 12 percent reduced range stemming from the cars’ use of batteries built as far back as 2017. These screen captures were not of Tesla’s online configurator as Hummel’s use of “new car” might lead one to believe, but from Tesla’s inventory page, where “new” Model 3s are indeed listed for sale with the range disclaimer shown, along with a partial explanation accessed via the “Learn More” button.

“This vehicle was built with a battery pack manufactured as early as 2017,” reads the popup. “While this pack was brand new when the vehicle was built, the cells have reduced capacity due to their age and you can expect up to 12% reduction in range from current production specifications.”


114 posted on 12/28/2021 9:49:19 AM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: RicocheT

“Level 2 chargers are much faster but cost $1,600.”

I know 3 people who had the 220 volt chargers installed. The cheapest one was $4,500 and the most expensive was a bit over $6,000.

L


115 posted on 12/28/2021 9:50:54 AM PST by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is. )
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To: Tell It Right

If you type my zip in...02653... you’ll see that solar hours aren’t all that different from the ones listed for Alabama, except in the winter months. My neighbors charge their EVs and also run their house from a rooftop solar system. Although, they keep an ICE car around for long trips.

It can be done, altho I’m not about to, myself.


116 posted on 12/28/2021 9:53:37 AM PST by Pearls Before Swine (FJB/LGB (Let's Go, Brandon!))
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To: All

Both are more expensive than CNG.


117 posted on 12/28/2021 9:55:40 AM PST by RKBA Democrat (Cultural separation and divorce. Not partisan politics.)
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To: Mariner

“I’m wonderin’ where people buy gas for $2.81/gal.”

$2.69 at Costco and Sam’s in Mobile, Al. $2.81 at one non-membership station (according to Gas Buddy). All day long for 3-4 cents more.


118 posted on 12/28/2021 9:58:58 AM PST by suthener ( )
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To: RicocheT
I'll offer a real trip comparison. San Diego to Pocatello. 925 miles of freeway driving. Starting with a full tank, I make fuel stops at Barstow, CA, Primm, NV, St George, UT and Nephi, UT. Four stops. About 15 minutes each to fuel and hit the restroom. 1 hour of time for refueling. I plan for an average speed of 60 MPH end to end. Some segments are 45 MPH. Some are 80 MPH. 925/60 = 15.4 hours end to end. The fuel stop time is included in the 60 MPH average speed. Best case over 80 trips was 13 hours, 30 mins. Worse case was 24 hours when Cajon Pass was blocked by snow.

When calculating the cost, you need to consider the value of your time and ability to remain safely awake while driving. 15 minute fuel/restroom stops are a negligible contribution to the end to end time for the trip. Recharging an EV battery is a different proposition. Not only does it significantly extend the end to end travel time, it may force the inclusion of a motel bill and extra meals to cover the time span. Finishing the end to end example in 15.4 hours isn't going to happen.

119 posted on 12/28/2021 9:59:29 AM PST by Myrddin
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To: qwerty1234
I think you're right. There are lots of inter-related variables.

Initial purchase price of the EV.

Optionally purchasing and paying for installation of a level 2 charger at home.

Electricity costs day/night, availability of solar and solar power storage. (more capital outlay, installation, maintenance).

Real world driving use, including heat and A/C.

Number of charge cycles in battery lifetime.

Replacement cost of batteries.

Maintenance vs gas powered vehicles.

Charging at home vs paying at a public charger.

I've probably only touched on half the real variables. With so many variables and assumptions built into any analysis or comparison you can probably skew the result any way you want to.

I believe that for some people in some situations EVs probably are cheaper (total cost of ownership/use) over the span of 5 years or so. Probably for most people EVs are not yet economical.

The biggest obstacle appears to be the initial cost delta. You have to run the vehicle at a lower cost per mile for quite a while to make back the premium paid up front. If you don't have access to relatively cheap electricity, it is going to take a long time, if ever.

120 posted on 12/28/2021 10:00:20 AM PST by ThunderSleeps (Biden/Harris - illegitimate and everyone knows it.)
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