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In many markets and individual cases already, and more by the day, solar-powered electric cars can offer big financial savings. The price of gas has been up, up, and away thanks to the USA’s apparent need to bomb a nation halfway around the world. At the same time, a growing number of used electric cars are getting onto the market thanks to leases ending from EV lease booms a few years ago.
Also consider how the auto industry has shifted to larger, less fuel efficient vehicles. That means there are even more savings on the line from switching to super efficient electric vehicles.
However, in some regions, there’s also the problem of electricity prices getting jacked up from enormous surges in electricity demand from AI data centers. How to guard against those electricity spikes? Whether they come this year or next year, how can one insulate themself from them? Solar power is one answer — then you get stable prices for decades to come that are likely to be much lower than utility electricity prices down the line, if they aren’t now.
The price of gas today in the USA is $4.12/gallon, up from $3.68/gallon a month ago and up from $2.89/gallon before the USA bombed Iran. What will it rise to if the Trump administration can’t come to a peace agreement with Iran? What will it rise to if the Straight of Hormuz is blocked for several more weeks or months?
Solar power and electric cars are often discussed because of their help stopping the globe from heating up and cutting air pollution, and those benefits are actually gigantic money savers themselves on a long-term level, but they can also simply help people with their personal/household finances.
I can tell you one thing — electric car drivers get an extra big smile on their faces when gas prices go up, and even more so when they power their cars with solar energy.
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