EV Charger,Save,Money,Cost

How much does it cost to charge a Electric car?

This is a question I often get when I speak about electric vehicles. How much will it cost me to “fill” up? The question is really a comparison of how much will I save over a traditional Internal Combustion Engine (ICE aka a gasoline powered car). The cost of charging an electric car will depend on the type of electric car, your location, and if you’re a residential or commercial customer.

Here is the best way I found to make that comparison;

  • Size of the Battery of the car you are own or plan on purchasing
  • Average Electrical Price (kwh)  of where you plan to charge you car
  • How many miles you plan on driving on a daily/weekly/monthly basis

For instance, I like to use the very popular and affordable Nissan Leaf with the High Capacity Battery .

  1. Battery Size 60 kwh ( takes 60 kwh to a full charge)
  2. Average electric price is .13 cents kwh in my area  (Price of Delivery and Supplier charge)
  3.   40 Miles a day for a week  lets say 200 miles

The cost of the charge would be approximately $7.80 or the about  2.6 gallons of gas Unleaded at $3.00/gal.  (60x.13 = $7.80 ) Average range on a Nissan Leaf is about 220 miles.  As long as you are planning on going to a charger at home. You should only have to charge about once a week in this scenario.

If I were to compare that to a Nissan Versa car lets do the math.

  • Gas Tank 10.8 Gallons
  • Average price per gallon in New York $ 3.00 (at the time of writing)
  • 30 mpg Average

 

The cost would be $32.40 to have tank filled up.  Now if we travelled the same distance of 200 Miles. The cost would be $19.20 compared to a cost of full charge on a EV of $7.80!

If you compare the numbers $11.40 more to drive a ICE car vs a EV.

The cost of charging an electric car will depend on the type of electric car, your location, and if you’re a residential or commercial customer.

Electric cars are becoming more popular because they are cheaper to own and maintain than gas-powered cars; they have lower emissions; they have better performance; and they are accelerating more quickly than gas-powered cars. As you can see, the higher the gasoline rates continue to rise, the cost of having a traditional ICE car versus a EV… start to make sense.

How much does it cost to charge a Electric car?

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