Gasoline is cheap right now — but charging an EV is still cheaper | The price of home charging an electric vehicle in the U.S., on average, is equivalent to $1.41 per gallon.
by silence7
Gasoline is cheap right now — but charging an EV is still cheaper | The price of home charging an electric vehicle in the U.S., on average, is equivalent to $1.41 per gallon.
by silence7
22 Comments
>Gasoline is cheap right now
https://www.gasbuddy.com/station/26193
X: doubt
See this is my thing. If an EV is a better deal people will buy them.
Try to force me to buy them and we will have a fight.
Also electricity prices don’t fluctuate day to day so it is much easier to budget.
Once lower income people are able to start driving used EVs, their monthly transportation budgets are going to be a lot more stable.
This is not true in California anymore. Ironically with the largest ev fleet too. Goes to show that these grids might not be able handle this load yet.
11 cents per Kwh here where I live in the Seattle area, and gas is still well over $4/gallon in most of this region- so the savings with an EV is still massive.
Not in Washington, premium gas is 4.5$ so gas is not cheap and electricity is 0.11$/kwh which is really cheap.
>The price of home charging an electric vehicle in the U.S., on average, is equivalent to $1.41 per gallon.
Unless you’re an apartment renter.
Affordable EVs need to be more affordable.
I got a Volt back in 2016 because I drove a lot and it would cut down on cost of gas and I just wanted an EV.
But only recently have I had such a short commute that I rarely even use gas. The Volt’s tank is so little, I may spend $25-50 on gas a month. Whatever I spend on electricity to charge it up is lost in whatever seasonal fluctuations we have in the weather effecting home energy usage.
And home ownership is……not cheap?
In Ohio gas is like, 2.50ish, and my electricity rates are is 21¢ per kw. So it’s literally cheaper to run my wrangler 4xe on gas than electric. And an accord hybrid would be half the cost per mile as my model 3 as well so I’m getting hoed
Silicon Valley has some stations over $6/gal again, Chevron Premium (my motorcycle takes it).
Not anymore, PGE just raised the price so much. Charging at home doesn’t really save you any money….
After owning a EV, even if the prices were at parity, I’d still choose the EV every time. Just haven’t had to make a single detour to the gas station in ages. Ride experience is miles ahead.
That said, the price savings is still greatly appreciated. I get free charging at work so my fuel cost is $0.00 and I’m loving it.
TBH I’m worried they’re just going to start increasing power costs until it reaches equilibrium with gas.
Charging at home is definitely the way to go, but that does mostly limit it to homeowners.
Here in New Hampshire we only save a little bit driving our EV vs an ICE vehicle that would also serve our needs, such as a RAV4 hybrid. Gas is $3.10 / gal, electricity for us is 23 cents per kWh all-in. We also save on oil changes though, we drive like 36k miles a year, it’s our commute, can’t change it for at least a few years.
We enjoy the convenience of skipping gas stations, and driving a dual motor AWD EV is just plain fun. It’s quick, smooth, comfy, *huge* upgrade vs my 2023 RAV4 I had before.
Also I mean, global warming sucks. I’d feel like a jerk burning 1,200 gallons of gasoline a year while we’re stuck with this big commute.
National gas prices are now under $3 and yet this sub has to pretend it’s still $5 for some reason
In the Bay Area supercharging is now cheaper than charging at home. With the EV plan as well.
Not in California. It’s about equal
Cries in California and PG&E
Zero except if I use off peak overnight at 8 cents per kwh.
Even in the most expensive states – you can still put solar on the roof to lower the price.
Or you can try to start drilling, with some luck, you might get to the dead algae 🙂