Really hard to pay for gas after 8 years of EVs.

[shortyb]

For the driving I'm doing now, mostly short, local mileage, an EV would work well. And I like the ones I've driven. But 2 words keep that from becoming financially viable for me-Duke Energy. And those rear openings want ANOTHER rate increase. Not going to overcome the initial outlay for a new EV going electric vs. ICE. Nor will it do a thing for my testosterone that a large displacement, naturally aspirated V-8 will. Something that sounds like an angry bulldozer at idle, and fear at WOT, gets it flowing .

 

[Capt W]

Your all in cost is 7.5 cents/kwh? IE monthly $ ÷ kwh used? That's dirt cheap.

Our all in is 19 cents, cost of energy used only is 14 cents/kwh.

This would be an interesting topic on its own! Since many Texans are free to choose their electricity provider on a regular basis (I'm currently on a 24-month plan), I keep detailed cost records to compare rates when it's time to renew. My 2024-25 plan averaged 15.44 cents per kWh, all-in; my current 2025-2027 plan is averaging 15.43 cents per kWh after five months. Not bad by comparison with some of you, I guess.

 

[John105]

Not everyone can charge for free

My office had this 2019 to 2025. And parking spaces with chargers were empty. In the back of my mind I thought imagine being able to commute for free as far as fuel goes. Now, there is a cost.

My buddy rents a house, so he has to charge his EV in public at 62 cents per kWh. I told him you're nuts. He let the $7500 credit dictate he should get an EV.

There are so many things in life that seem good. Most of the time we're not in a position to take advantage. We need to accept it's ok, and to not let the tail wag the dog. We need to stop comparing ourselves to others constantly.

I'll tell you every time someone posts on a forum, "6.2 broke down leaving the dealer!" Right away 3.0 Duramax owners rush to respond, you shoulda gotten a diesel. How is this helpful? It totally takes me back to 2007, where on the forum, it was 328i v 335i, constantly back and forth. I don't look down at 328's, but 18.5 years later I'm still glad I got a 335. Just remember how 328 owners seemed to be elated when a 335 broke down.

 

[alarmguy]

My kid was paying $.57/kWh to use the Tesla supercharger near his gym.

My home electricity costs $.36/kWh. Some of you guys are lucky...

Most of the country is lucky. It's really how people vote.
CURRENTLY are at 10 cents kWh 24/7 with a $30 base charge pus sales tax.

We will be going to demand rates in NOV and in a sense will benefit EV owners which some day will change if EVs are ever wildly accepted by the public.

Still our rates are low and recently was a member of another electro Co-Op before we moved here with demand rates. Not a big deal to shift appliance usage though they also increased the monthly line charge to $35.
IT wouldn't bother me much except for the more than 15% increase in the base charge from $30 to $35

This starts in NOV

CURRENTLY 10 cents any time for day and $30 base charge.

IN reality for the month of June total cost for electricity was 16 cents kWh
There was a WPCA charge in there that I hear will not be all the time. Starting to annoy me

 

[Cropduster172]

Once everyone is mandated to use EV only, the current cost savings of EV for many will be eliminated. EV users are currently on "teaser rates". The real rates will be coming sooner or later for EV owners.

Expand on the "once everyone is mandated to use EV only" part.
Exactly when and how will this mandate transpire?

 

[Delta]

While an EV would probably serve me great for just a 36 mile round trip to work, electric rates in my area are going through the roof. Not to mention my 100amp electric service is antiquated and costly to upgrade do to having to re-locate the meter to be up to code.

If someone who lives in an area with cheaper electric, and adequate panel it would be a no brainer.

For now, I'll have to listen to the turbo noises from my gas cars

 

[Kestas]

I'm glad you're enjoying the fuel savings. I'm sure it feels good. But, as with business decisions, you need to consider the total cost of ownership, i.e., initial cost, cost of maintenance and repair, future electric rates, registration, insurance, etc.

 

[K-Man]

Something not accounted for in total electricity cost: fuel surcharges on electric bills when crude oil costs go up. Around the 2008 peak in oil pricing, the electric coop my mom, stepdad, and I belonged to suddenly added a fuel surcharge that roughly doubled the basic electric bill. Our $150/month bill for the house became nearly $300/month. It took time for that surcharge to drop after crude oil costs went down.

You will, or should, see this in future EV–charging prices as oil prices move around. I agree that EV drivers are getting teaser rates now. Eventually EVs will have to pay more to charge per kWh than homeowners will pay per kWh for basic electric service. Some of you are reporting that now at public EV chargers.

 

[John105]

14/20 EPA rated?

ugh, even worse, kind of hilarious. I wanted to double check, and it's 14/18. But it's what I want lol (I think it will do 20 on the highway if we "shoplift" the mpgs by setting the cruise to 65 mph and calculating from here). Anything over 20 I'll take as a bonus.

 

[Bailes1992]

Have the same issue here.

My Wife's Volvo XC70 is a far better family hack than my Cupra Born. But the thing costs ~25p/mile in diesel and my Cupra Born costs 2.5p/mile. You can guess what car we use most of all.

 

[Nessism1]

The downside with these decisions is that it makes it difficult for automakers to strategize where to put their investments for development of future products. They have to guess what the market will be 3 to 5 years from now.

This happened in the past when gas prices were fluctuating wildly. I remember when gas prices were $4-$5 per gallon many people were lamenting on this site "why can't domestic automakers make economical cars?" All was forgotten when prices fell back below $3 per gallon.

Gas in So. Calif. is $4.69 where I live.

 

[Astro14]

That definitely makes a bit more sense than what you first said, but how you're arriving at 7.5 cents? For example, my moderate priced Ohio electricity is $0.19-.21 per kilowatt hour. Take your entire bill and divide bill$ by kilowatt hour for the all-in price ?

Why use the all in? He’s paying to have the house hooked up to the grid for other things, like, well, the house.

So, this is a marginal use of electricity - so the proper way to calculate his cost is to use the marginal cost.

IF the only reason he had electricity at the house was for the EV, then, sure, use the all in.

But I bet he has lights, a refrigerator, perhaps AC, maybe some appliances - and the necessity to power those is why he has electricity. The hook up/monthly charge belongs to those necessities.

 

[4WD]

ugh, even worse, kind of hilarious. I wanted to double check, and it's 14/18. But it's what I want lol (I think it will do 20 on the highway if we "shoplift" the mpgs by setting the cruise to 65 mph and calculating from here). Anything over 20 I'll take as a bonus.

Well, was just driven home from the airport in a newer Expedition - it did not ride as well as the newer Tahoe - even though it had the independent rear end first …
Quiet enough - but you felt every seam in the concrete …

 

[Nessism1]

While an EV would probably serve me great for just a 36 mile round trip to work, electric rates in my area are going through the roof. Not to mention my 100amp electric service is antiquated and costly to upgrade do to having to re-locate the meter to be up to code.

If someone who lives in an area with cheaper electric, and adequate panel it would be a no brainer.

Agree. Electricity cost in my area is crazy expensive. And it would cost several thousand dollars to run a new high power line to my house, and install an EV charger. Not to mention, when the heat hits, there are "brown outs" in my area, where electricity usage is limited. This must add another level of complexity to those charging EV's in order to get to work the next day. No, thanks.

 

[JeffKeryk]

Necessity is the Mother of invention.
I did a solar project in early 2018; it has far exceeded ROI expectations.
I rarely drive more than 250 miles in 1 day, so that big nuclear reactor in the sky fuels our 500+ HP EV.

Silly as it sounds, I hate going to gas stations; such a waste of time!
Can you say, "Win-win"?

 

[John105]

I'll never be able to remember, but as a teen, I read a book written by a Dartmouth professor, and I believe it was about hypermiling. Man has always wanted to do more, with less, and view the trade offs. today, we seem less analytical at times. Like humans do not prefer anything. But I want a manual. No you don't, you live in Phila., manuals are no good in traffic. But traffic is irrelevant, I like it. No you don't! Know what I mean.

 

[IndyIan]

We average five miles per kWh. The average cost is 7.5 cents per kWh. The average cost per mile is 1.5 cents.

Do you account for the charger/battery loses? Around 10-20% depending on how full you want to get the EV battery.
For your electricity rate it hardly matters, and it makes a lot of sense to run an EV.

I roughed out the numbers for me, and at 20 cents/kwh, plus cold weather(battery needs to be charged everyday to maintain charge), and even with $3.60/gal gas price, it get pretty close to gas prices a 32mpg car. A decent simple 32mpg car is $7-8k still, and a used 200 mile or less range EV car, with 170 on a good day and 120 in winter, is $20k?

Getting an older Model S with free supercharging gets kind of interesting, if you have a tesla charger nearby, but I don't.

 

[John105]

They are 2 very different vehicles but that 6.2 may as well feel like a lawn mower engine compared to the Tesla, it’s not even close.

So are you replacing the 6.2 with a Tesla? Are you under recall? I've never heard a 400+ HP V8 engine described as a lawnmower. Granted we don't even have ours yet, but if that's how it feels, I'll be very disappointed. The test drive vehicle was a 5.3, but I assumed they are similar. If they are not, I've made a huge and costly mistake that I'll be living with the next 15 years or more.

 

[John105]

Your all in cost is 7.5 cents/kwh? IE monthly $ ÷ kwh used? That's dirt cheap.

Our all in is 19 cents, cost of energy used only is 14 cents/kwh.

Ours in PA is comparable, but the variable is closer now to 10-11 cents. Out the door 19-20.

The real risk in PA, however, is we have to constantly switch to get the lower price. If we let it ride, it's higher. I can't imagine doing this because my car needs it. My buddy said in FLA there aren't these shopping games.

 

[Jetronic]

We average five miles per kWh. The average cost is 7.5 cents per kWh. The average cost per mile is 1.5 cents.

yes if I could charge at rates that are lower than I spend on gas, I'd get an EV too. And if I could charge at home, a performance EV.