Posted on 12/12/2023 10:21:20 AM PST by SeekAndFind
In October, I wrote an essay on a “bombshell report” from a Texas think tank “which revealed that the actual cost of rechargeable cars and the E.V. industry is, in reality, much higher than they’re leading us to believe.”
The report is around 20-pages long, so I was only able to cover one of the explosive revelations—the average battery-powered car (E.V.) would cost “approximately $48,698 more to own over a 10-year period” were it not for the “staggering” handouts from the taxpayer via an extortionary and feckless government—but there were more.
Now, not only were the energy experts able to quantify the additional cost over time, but they were also able to put a dollar amount on the real cost of charging the vehicle, translated into price per gallon of gasoline. As you might guess, the price is astronomical, but that’s not the end of it; from an item published by the New York Post:
While EV advocates claim charging costs are equivalent to $1.21-per-gallon gasoline, the real amount is an order of magnitude more.
Including the charging equipment, subsidies from governments and utilities and other frequently excluded expenses, the true cost of charging an EV is equivalent to $17.33-per-gallon gasoline — but the EV owner pays less than 7% of that.
So if the E.V. owner pays less than 7% of that massively inflated cost to “fuel” a car, that means more than 93% of the financial burden falls on the taxpayer—as the NY Post authors also write:
This is socialism for the rich: a transfer of costs from higher net-worth individuals to middle- and lower-income taxpayers.
(Excerpt) Read more at americanthinker.com ...
It’s the equivalent of levying taxes and fees on public-transportation users and those who walk or bicycle to work and using the money to reduce the price of gasoline.
In 30 years enviros will be finding water-sources poisoned with lithium from decaying batteries.
But society will be on to some other critical, manufactured emergency by then to ask why
For example, how much less would it cost to buy an EV if there was no EV tax credit the buyer gets? (Buyers willing to pay $7K more if they get $7K in tax refund.)
But we are saving the world. /s/
Or a person could buy a horse to run a treadmill with a generator that will charge an electric car.
typical miles-per-kwh is 4
typical price of a kilowatt-hour at home is 10 to 15 cents
do the math yourself
Bookmark
The subsidy pretty much raises the cost by the amount of the subsidy.
So the subsidy goes mostly to the manufacturer not the buyer.
How did they used to word it: “Corporations are the tax collectors for the government” or something like that?
For me it's 3.2 miles/kWh in the real world (including running the AC/heat and headlights, and after 5% loss converting from AC to DC during charging). And 16¢/kWh (not counting flat monthly fees my power utility charges, but including the per kWh fuel charge we all pay to offset the sky high fuel costs the utility pays due to the Dims' war on energy, so my power bill increases by 16¢ for every extra kWh I pull from the grid).
So 3.2 miles/kWh with 16¢/kWh. We charge the EV on average 1,300 miles per month at home (not counting road-side charging if we take it on trips).
1,300 miles
---------------
3.2 miles/kWh
equals 406 kWh per month extra power needed to charge the EV, multiplied by 16¢ = $65 added to the power bill to drive 1,300 miles (if I didn't have solar providing on average 80% of my power throughout the year).
IMHO the tax credits don't help the consumer. They artificially inflate the up-front costs, just like government money increases consumer costs everywhere else (i.e. medical costs and college costs). We're all better off if the government got out of the way and let the EV thing be a free market thing.
To which the left will state “We all have to do our part no matter how painful it might be in order to save the earth” and the sheeple will all fall right inline and think that $17.33 is an ‘acceptable price to pay to save the earth”- They will also scream at anyone that balks at the price
The article isn't just doing a straight up calculation as you suggest...they are factoring in the "hidden" costs, which are hidden, but do get paid...by someone.
As Milton Friedman famously said "All debts are paid". By someone. In this case, taxpayers in general are the ones doing the paying, even those without EVs.
So the house is free?
I mean, isn’t the house part of the “all-in” cost?
So why don’t you do some allocation of the cost of the house?
Will those EVs have those drunk driving test apparatuses soon too. Cannot wait to buy a car one year before that crap gets installed.
Are they factoring in all of the burned down garages and other property damaged, and the resulting insurance premium increases due to EV fires?
It is the ability to shut off the car for whatever reason at all that worries me.
Kind of like the Chinese citizens who wanted to go to the major cities in Shanghai, Beijing, etc. only to find overnight their QR codes (COVID Health) mysteriously changed from green to red.
Based on government surveillance of their chats, phone calls, emails, and personal conversations with people who reported them to the government.
But we don’t have to worry, that would never happen here.
Libtard battery humpers love taking it up the rear end - they’re pro fag
Is this supposed to make me glad to pay $5.399 for 89 octane?
...and they would have to feed that horse with alfalfa planted by a diesel powered machine which burns...oil.
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