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 ...
Here in the Houston area (more like the Sugar Land area), I regularly get it for around that price or less at the cheaper places like Sam's and HEB.
“Level 2 chargers are much faster but cost $1,600.”
Lowes now has Level 2 chargers for $600
“I’m wonderin’ where people buy gas for $2.81/gal.”
2.86 where I live. $3.50 2 months ago.
* I really think most people charge up at home. Or not??”
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Yeh, the folks I know charge their Teslas at home. I also know that their daily drivers and road-trip vehicles run on Gasoline.
Btw, EV’s are not as yet being charged a road tax such as drivers of gas and diesel vehicles pay at the pump. And, this adder is not as yet being factored into any of the cost analysis seen. But, nevertheless the cost is coming.
I paid 2.85 a couple of days ago. That was in New Orleans. It’s always a few pennies cheaper in Baton Rouge.
I just paid $2.56 in San Antonio.
$2.79 in my town in Texas.
If ev was more costly effective than gas, it would be bought by people like Black Friday.
Politics try to make it so. But on ground or in reality it is not.
True. Very few people can go with only an electric vehicle. Most I see are commuter cars for the husband while the wife drives a gasoline powered mini-van.
I’d only want the F-150 Lightning as a toy as it can go 0-60 in 4 seconds. But I’d need to win the Powerball to afford it and the dealer ‘market adjustments’.
Right now electricity isn’t all that high, but put a massive, old onmthe system all at once, and it will very likely skyrocket, like gasoline going up up up, once everything g is electricity dependent, they know they’ve got you, and will keep raising prices, and will whine about how it takes increasing amounts of fossil fuels to create the electricity to keep up with demand, therefore we are dest roying the planet and how we must pay for our sins with higher and higher carbon taxes to “offset the damage”.
Folks think switching to electric will satisfy the left with their insane drive to punish mankind for “enviro-sins”, but it won’t. It will “seem to placate them” in the beginning, but they will be right back screaming about enviro-sins as soon as everyone is forced to switch as they claim it will be “better for the environment if we do”
“Where does the electricity for the charging stations come from?”
Asking that question makes you a racist, insurrectionist, anti-vax, backward, cousin loving Walmart shopper.
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You are probably a militant anti-vaxxer too. How dare you question things that are for the greater good.
EVs are about environmentalism the same way CoupFlu is about public health.
We’re just trying to make this young lady and her friends happy. Isn’t that reason enough?
/s
And Elon Musk very rich.
The one without Democrats and liberals.
I made an honest attempt and looked at Tesla before my last car purchase. Its not feasible. There damn sure isnt a cost savings.
Unicorn Farts, of course, silly!
Good points. Right now you are paying $10K+ extra upfront for an EV. Over the lifetime of a vehicle cheaper fuel and lower maintenance costs will break even. Even then the EV has to put up with long charge times and limited range.
That will change as there is no theoretical reason for an EV to cost more than an ICE. With fewer moving parts EVs should be cheaper to build. There is a future where EVs have a sticker price $10K below an equivalent ICE vehicle, and that’s when they will gain real market share.
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