In most U.S. zip codes, electric vehicles are cost-competitive with their gas-powered counterparts, according to a new study. And regarding emissions benefits of EVs, individual driving patterns matter as much as regional factors like the local electricity mix.
No. They use electricity. And my average monthly power bill is already over $400 a month. You think I want that to be even higher? No way.
Fueling costs per mile (using the term “fuel” rather loosely for EVs) are significantly lower for electric vehicles than combustion, even taking into account plugging the thing in at home with an extension cord. It’s going to be a rather long break even period when comparing to a salvage title clunker, but for someone shopping for a new car to begin with it makes sense.
It’s not costing anyone “less” to be paying at the pump. It’s just an easily forgotten regular expense that everyone is used to. Meanwhile, people have been conditioned to have a cow over seeing any increased number on their electricity bill even if it’s only a couple of bucks. Right now with local gasoline prices it costs something like $60 to fill up my Subaru from empty and nearly $150 for my truck (it has a 35 gallon tank!) and the former I could easily do twice a month if I weren’t riding so many motorcycles this time of year instead. In the Scoob, that’s around 784 miles of driving for $120 in fuel. That’s only be $47.04 if I had a reasonably recent EV and charged it at home.
I went through the same rigmarole replacing my house’s oil heat with mini splits. Yes, my electricity bill went up… On average something like $40 a month. Meanwhile I stopped paying $300 to $400 a month to my former oil company for five or six months out of the year. $2000 - $480 = a $1520 or so net yearly savings I proceeded to blow on camera lenses and more motorcycle parts.
That would be why I included the caveat about someone already shopping for a new car.
You have to understand that the majority of buyers will not countenance buying a salvage titled vehicle and restoring it, let alone doing the work on it themselves. You’re in a rather unique situation there which is not going to be applicable to most people.
Fueling costs per mile (using the term “fuel” rather loosely for EVs) are significantly lower for electric vehicles than combustion, even taking into account plugging the thing in at home with an extension cord. It’s going to be a rather long break even period when comparing to a salvage title clunker, but for someone shopping for a new car to begin with it makes sense.
It’s not costing anyone “less” to be paying at the pump. It’s just an easily forgotten regular expense that everyone is used to. Meanwhile, people have been conditioned to have a cow over seeing any increased number on their electricity bill even if it’s only a couple of bucks. Right now with local gasoline prices it costs something like $60 to fill up my Subaru from empty and nearly $150 for my truck (it has a 35 gallon tank!) and the former I could easily do twice a month if I weren’t riding so many motorcycles this time of year instead. In the Scoob, that’s around 784 miles of driving for $120 in fuel. That’s only be $47.04 if I had a reasonably recent EV and charged it at home.
I went through the same rigmarole replacing my house’s oil heat with mini splits. Yes, my electricity bill went up… On average something like $40 a month. Meanwhile I stopped paying $300 to $400 a month to my former oil company for five or six months out of the year. $2000 - $480 = a $1520 or so net yearly savings I proceeded to blow on camera lenses and more motorcycle parts.
A hundred or two a month won’t help me afford a $300 car note and a much higher insurance premium.
That would be why I included the caveat about someone already shopping for a new car.
You have to understand that the majority of buyers will not countenance buying a salvage titled vehicle and restoring it, let alone doing the work on it themselves. You’re in a rather unique situation there which is not going to be applicable to most people.