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I'd like to know how much it costs in electricity to charge a electric vehicle, especially for people who regularly use one for commuting, etc. v. how much you would be spending on gasoline instead.
For me, the cost of gasoline for my BMW was about 8 times more than the cost of electricity to power my Tesla Model Y....so monthly energy cost went down about $125/mo using the Tesla.
You just need to calculate how many miles, the KW/mile of your EV times your kw/hr electricity rate where you live....some locations have variable costs for electricity at different times so you might need to adjust when you charge to charge the cheapest. The simple fact is, the energy to power even a super fast EV like Tesla is next to nothing compared to even the most fuel efficient ICE car.
But back to the OP question. In dollars. How much does one pay per month for a plug in EV ?
Let us use the average US rate per kWh of electricity $0.1054. You can substitute in your own rate. We'll assume you recharge once per day,
Example 1:Prius Prime (MSRP $28,220) plug in hybrid
$0.1054 per kWh x 8.8 kWh battery size = $0.9275 per charge x 365 days =$339 ($28.21 per month) maximum
25 miles per charge x 365 days = 9,125 miles. So if you drive more than that it depends if you recharge or use gasoline.
Gasoline for a Prius Prime is 190 gallons per 10,000 miles.So at $3 per gallon additional $570 per 10,000 miles.
Example 2:Tesla Model 3 Standard Range+(MSRP $37,990) entry level Tesla
$0.1054 per kWh x 50 kWh battery size = $5.27 per charge x 365 days =$1,924 per year maximum
263 miles per charge x 365 days = 95,995 miles. So if you actually drive 25,000 miles, then reduce the yearly cost by 25,000/95995= 26.04%
26.04% x $1,924 = $501 per year ($41.75 a month) or less than the Prius Prime if you include gasoline.
A Prius Prime has such a small battery that you can use a standard socket at your home. The Tesla will require you to upgrade your home electrical circuit.
The entry level Tesla, Model 3 Standard Range+, is a competitor to the Chevrolet Bolt. The Chevy Bolt may sell close to 100,000 vehicles this year, and is the only serious competitor to Tesla at this time. Tesla does not reveal the details of the units sold, so it is not clear if Tesla sells more Standard Range vehicles than Chevy Bolts. It seems that most Tesla shopper are puchasing higher performance units than the entry level.
Chevy Volt: EPA range: 259 miles range : Annual Fuel Cost* $550
Tesla Standard: 353 miles range: Annual Fuel Cost* $500
Last edited by PacoMartin; 04-21-2021 at 07:45 AM..
The Tesla will require you to upgrade your home electrical circuit.
You need a dedicated 40 AMP double breaker. For one car. Double that for 2 cars. And with some families with kids that have cars - triple that or more.
What AMP service do you have at home ? 100 AMP ?
Good Luck with those costs. Never seems to be mentioned in all this talk about costs.
You mean you pay 9.699 cents per kWh, or you pay $0.09699 per kWh. You have a decimal point out of place.
The average for the US is 10.54 cents per kWh.
Other states have the ability to adopt California’s standards through Section 177 of the Clean Air Act, hence why they are often called the Section 177 states. Currently there are nine states that have adopted California’s ZEV regulations (as well as low-emission vehicle regulations): Connecticut, Maine, Maryland, Massachusetts, New York, New Jersey, Oregon, Rhode Island and Vermont. Together with California, these states represent nearly 30 percent of new car sales in the United States.
Most of the Section 177 states have more expensive electricity prices (Oregon has cheap hydroelectric generation abilities so it is the exception)
Average price of residential electricity in cents per kWh
7.71 Louisiana
7.86 Oklahoma
7.89 Idaho
8.04 Washington
8.10 Wyoming
8.22 Arkansas
8.24 Utah
8.49 West Virginia
8.60 Texas
8.61 Kentucky
8.78 Nevada
8.81 Oregon
8.85 North Dakota
8.99 New Mexico
9.02 Montana
9.08 Iowa
9.08 Nebraska
9.28 Mississippi
9.45 North Carolina
9.52 Virginia
9.56 Illinois
9.58 Ohio
9.68 Missouri
9.69 Tennessee
9.81 Pennsylvania
9.83 Alabama
9.86 Georgia
9.91 Indiana
9.96 South Dakota
10.02 South Carolina
10.17 Colorado
10.26 Kansas
10.33 Minnesota
10.44 Florida
10.52 Arizona
10.52 Delaware
10.54 US average
10.66 Wisconsin
11.24 Maryland
11.56 Michigan
12.27 District of Columbia
13.42 New Jersey
14.04 Maine
14.34 New York
15.36 Vermont
16.89 California
17.15 New Hampshire
18.40 Massachusetts
18.49 Rhode Island
18.66 Connecticut
20.22 Alaska
28.72 Hawaii
How current is this list? Ohio is listed at $0.0958, but my base rate with Holmes-Wayne is $0.119. Adding in the consumer charge and power cost adjustment, last month's bill comes out to $0.1335. And Holmes-Wayne is a Coop, which supposedly has cheaper rates than commercial power companies.
You need a dedicated 40 AMP double breaker. For one car. Double that for 2 cars. And with some families with kids that have cars - triple that or more.
What AMP service do you have at home ? 100 AMP ?
Good Luck with those costs. Never seems to be mentioned in all this talk about costs.
My level 2 charger cost me $30. My electrician charged me $780 to do the install (including the cost of the hardwired EVSE) and then BGE (the local electric company) refunded me $750. The reason we don't talk about costs is that due to incentives, it can be free or damn near. Or it can be a grand. No way of knowing in your particular area. I've already shown one enterprising solution using a "smart"switch on a water heater circuit that allows the charger to draw from the water heater (or dryer) circuit when the water heater or dryer is not in use. So if you already have an electrical water heater or dryer, you can add the EVSE without adding a dedicated circuit in your panel. So there's lots of ways around getting power for your EV.
Upgrading your electrical panel is a good way to future-proof your house and get more money out of it at selling time anyhow. My 1932 home had been upgraded to a 100 amp panel in the '80s. I bought it in 2001 and in 2005 I decided to upgrade the service to 200 amps to guard against any future additions and upgrades I might want to do. Since then I added a garage addition, a hot tub, and most recently, the level 2 charger as well as extra external and internal circuits. It's just a good idea.
Data for 2019 | Release date: November 2, 2020 | Next release date: December 2021 State Electricity Profiles
Quote:
Originally Posted by unit731
You need a dedicated 40 AMP double breaker. For one car. Double that for 2 cars. And with some families with kids that have cars - triple that or more.
What AMP service do you have at home ? 100 AMP ?
Good Luck with those costs. Never seems to be mentioned in all this talk about costs.
My father's home was built in 1929, and he upgraded it from 100A to 200A about 40 years ago.
My brother's home was built in 1930 (36' BY 18' FOOTPRINT), and as he has sufficient natural gas heat and his stove uses natural gas he never upgraded it from 100A.
Neither of them has ever shown any interest in a plug in vehicle.
As it is unlikely that Pennsylvania will prohibit registration of ICE vehicles for another 20 years, and if my brother never moves (CURRENT AGE 48), he will probably be retired, and they will have self driving taxis by then (although they may not be permitted to drive on streets with speed limits over 45 mph).
The average price paid in January 2021 for a new automobile is $40,857. The cheapest price for a BEV today starts at $30,750. So let's face it, the tens of millions of consumers who buy inexpensive used cars, or used ICE vehicles, not to mention those with inadequate electrical service are no longer going to be able to purchase private vehicles.
Hyundai Venue – $19,925
Hyundai Veloster – $19,895
Subaru Impreza – $19,720
Kia Forte – $18,855
Kia Soul – $18,610
2021 Kia Rio – $17,015
Hyundai Accent – $16,390
Nissan Versa – $15,855
As of 2020, there are over a million EVs (Electric Vehicles) on the US road (Argonne National Laboratory, 2021). In fact, Edison Electric Institute projected that EV stock will reach 18.7 million by 2030 (Edison Electric Institute, 2018).Overall, there were an estimated 263.6 million registered vehicles in the United States in 2015, most of which were passenger vehicles.
There is no way that in 20 years we are going to have 263.6 million registered BEV vehicles.
Last edited by PacoMartin; 04-21-2021 at 08:23 AM..
You mean you pay 9.699 cents per kWh, or you pay $0.09699 per kWh. You have a decimal point out of place.
The average for the US is 10.54 cents per kWh.
Other states have the ability to adopt California’s standards through Section 177 of the Clean Air Act, hence why they are often called the Section 177 states. Currently there are nine states that have adopted California’s ZEV regulations (as well as low-emission vehicle regulations): Connecticut, Maine, Maryland, Massachusetts, New York, New Jersey, Oregon, Rhode Island and Vermont. Together with California, these states represent nearly 30 percent of new car sales in the United States.
Most of the Section 177 states have more expensive electricity prices (Oregon has cheap hydroelectric generation abilities so it is the exception)
Yes, decimal point out of place. Tried to edit, but too late. You can see that it was not out of place in my calculations. I pay $0.09669 per kWh. I am in Colorado and the rate on my bill is lower than the rate you have on your list. We have adopted most of the California standards as well and are not bold on your list.
Note that there is no one charge. I used 752 KWh last month and PECO's charges are 6.6c for distribution, 5.7c for generation and 0.5c for transmission. Adds up to 12.8c. Still pretty good.
From what I have seen, nice Level 2 chargers cost around $750, and installation cost is highly variable. If you are lucky and have a high current 240V NEMA socket available in the garage, you can buy the charger with a plug and pay nothing. If you have no such unused circuit handy, and your electrical service panel should really be upgraded to 200 amps, you could be looking at $2,000-$2500 total for installation.
So the cost of setting up nice home charging isn't trivial. But it's a one-time cost, and it's not exorbitant in the scheme of things when one talks about vehicle equipment costs. Most buyers will spend $2K, $3K or more without batting an eyelash to get e.g. AWD, 4WD, leather, sunroof, those fancy rims and tires, the punchier motor, the better sound system, etc - $10K or more in equipment options and they do that with every vehicle they purchase. So I don't understand why a 1-time cost like this should be a show-stopper, if you want the EV in the first place, anyway.
How current is this list? Ohio is listed at $0.0958, but my base rate with Holmes-Wayne is $0.119. Adding in the consumer charge and power cost adjustment, last month's bill comes out to $0.1335. And Holmes-Wayne is a Coop, which supposedly has cheaper rates than commercial power companies.
Michigan is not 11.06 a kWh it’s 16.07¢ / kWh
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