Study shows EVs more expensive to fuel vs ICE

[SubieRubyRoo]

Curious- I seem to remember being told this would not be the case?
More expensive. Who would have thought??
https://www.foxbusiness.com/economy...uel-gas-powered-cars-end-2022-consulting-firm

 

[Rand]

Fake news. The real deal is charging at home if your electric rates are decent.
of course they are billed with widely varying methods.
so the all in way is take your $$$ bill and divide by KWH
(btw my bill says 5cents per kwh but my actual rate is around 15cents after distro, fees, connection charges etc)
I dont have time of use billing.

so pretty simple to just do the "all in" way
ie 1000kwh and 147$ bill = 14.7cents "all in"

now figure year round use maybe 2.5 miles per kwh that is probably overly conservative.

so that would be 25 miles for about $1.50 or close to prius rates on ICE vehicle.

IF I went and plugged in at a fast charger it would easily be double the cost.

Also many may have free charging at work type perks that make it an even better deal.

I'd prefer a PHEV with a small gas engine and a battery pack big enough for 40miles all electric.

Left out a ton of considerations due to not wanting this thread to go political or off topic.

 

[Brian123]

Maybe also check to see what it cost to insure 1 of these Electric Vehicles.

 

[bullwinkle]

Wait until electricity prices head to the moon! Ain’t seen nothing yet… IBTL!

 

[SC Maintenance]

Fake news. The real deal is charging at home if your electric rates are decent.
of course they are billed with widely varying methods.
so the all in way is take your $$$ bill and divide by KWH
(btw my bill says 5cents per kwh but my actual rate is around 15cents after distro, fees, connection charges etc)
I dont have time of use billing.

so pretty simple to just do the "all in" way
ie 1000kwh and 147$ bill = 14.7cents "all in"

now figure year round use maybe 2.5 miles per kwh that is probably overly conservative.

so that would be 25 miles for about $1.50 or close to prius rates on ICE vehicle.

IF I went and plugged in at a fast charger it would easily be double the cost.

Also many may have free charging at work type perks that make it an even better deal.

I'd prefer a PHEV with a small gas engine and a battery pack big enough for 40miles all electric.

Left out a ton of considerations due to not wanting this thread to go political or off topic.

Depends on your use case. If your a commuter and can charge at home every night , then it cost less per mile. If you don't have a place at home to charge - and many city people do not, or put most of your miles with road trips, then its no longer as price beneficial.

These debates always devolve to a one size fits all solution - for or against. Everyone forgets the different shades of grey.

 

[oggb]

Newer technology causing something to be more expensive? How novel.

 

[Chris142]

It's already there at my place in California. We sit in the dark. Don't run heaters or ac and what lights we do occasionally turn on are L.E.D. and my bill is still $400 a month.

Wait until electricity prices head to the moon! Ain’t seen nothing yet… IBTL!

 

[Nick1994]

Not everyone can charge at home. But charging at home is beyond cheaper than driving a gas car.

In my situation when I had my Tesla, the biggest plus for me is at work we have 3 220v 30A outlets and a 20A to use for free.

 

[BigCahuna]

My take away from all this is, electric cars only make sense if you can charge it at or close to home. Using an electric vehicle for any other use, is pointless. From what I have seen in user video's, unless you want to spend a good part of your trip looking for a re-charge station, then setting around waiting for it to charge, you have to plan on spending more time then you may want to taking a trip with one. Also, if you live in a apartment, you would have to pay to have a charger installed. That is, if your allowed to do that at all. If you can't do that, how do you keep your car charged ?.,,

 

[RooflessVW]

It's already there at my place in California. We sit in the dark. Don't run heaters or ac and what lights we do occasionally turn on are L.E.D. and my bill is still $400 a month.

Don't you live in the middle of the desert

 

[OVERKILL]

It's already there at my place in California. We sit in the dark. Don't run heaters or ac and what lights we do occasionally turn on are L.E.D. and my bill is still $400 a month.

And your power is unreliable to boot!

 

[SubieRubyRoo]

Not everyone can charge at home. But charging at home is beyond cheaper than driving a gas car.

In my situation when I had my Tesla, the biggest plus for me is at work we have 3 220v 30A outlets and a 20A to use for free.

The study clearly shows that on average, even charging at home was not cheaper than ICE. And like someone else stated, that’s mileage costs only, not plates & insurance.

 

[Rand]

It's already there at my place in California. We sit in the dark. Don't run heaters or ac and what lights we do occasionally turn on are L.E.D. and my bill is still $400 a month.

Need more info how about your KWH usage too.
So we can marvel at the cost.

The study clearly shows that on average, even charging at home was not cheaper than ICE. And like someone else stated, that’s mileage costs only, not plates & insurance.

studies can be distorted or not reflect what is important to the owner.
If you are in the market for a 500hp+ car the ICE alternatives are probably not cheaper to run.

For every study you link.. some pro electric car site has one that says the opposite.

PS I am not an electric car enthusiast or "hater".

Average probably applies to almost no one.

It makes a ton of sense for some people's uses and electricity prices.. and no sense for others.

@JeffKeryk could run 5 and drive 12000miles a month for free with his electric deal. (yes exaggeration )

I'm in the positive side if home charging.. others it makes no sense.. due to charging access, type of driving, electricity cost etc.

IMO PHEV is where its at. smaller more efficient gas engine. Relatively powerful and economic with normal commuting all electric, yet still trip capable.
Or the range booster aux engine type that will face hurdles due to current govt. policy.

 

[mattd]

If I had an electric car, per my electric rates, would cost 30$ for 250 miles at your example of 2.5 miles per kWh.

 

[OVERKILL]

If I had an electric car, per my electric rates, would cost 30$ for 250 miles at your example of 2.5 miles per kWh.

Here in Ontario, charged off-peak, the electricity portion of the bill, at $0.074/kWh, would be $7.40. Of course there's delivery and other charges. If you went flat rate, which is currently $0.125/kWh, then that's $12.50.

 

[Rand]

Here in Ontario, charged off-peak, the electricity portion of the bill, at $0.074/kWh, would be $7.40. Of course there's delivery and other charges. If you went flat rate, which is currently $0.125/kWh, then that's $12.50.

Is that CAD? that flat rate is dirt cheap IMO is there a connection fee for flat rate?

my bill was 80.50 for 597kwh(13.5cents/kwh) but there is a little bit of rate refund shenanigans going on from the giant bribery lawsuit -Firstenergy
so the 15cent kwh I mentioned earlier is close.

 

[mattd]

Here in Ontario, charged off-peak, the electricity portion of the bill, at $0.074/kWh, would be $7.40. Of course there's delivery and other charges. If you went flat rate, which is currently $0.125/kWh, then that's $12.50.

That is dirt cheap. We don’t have on/off peak here at this point. It’s a flat fee of $0.29 per kWh not including taxes or customer charge

 

[ZZman]

Highly dependent on where you live and electric cost.

 

[alarmguy]

Highly dependent on where you live and electric cost.

Agree and no one is buying an EV because it is cheap. Same as buying a high performance gas car, is one going to complain about the price of gas? If I had an EV for an around the town car I can charge it overnight, every night for 5.5 cents kWh as that is what out electric cost is 20 hours a day. Though you can bet as EVs get popular that will change, electric rates will go through the roof if we every get to a 30% EV saturation point in the next 25 years.

 

[demarpaint]

Maybe also check to see what it cost to insure 1 of these Electric Vehicles.

You won't hear much talk about that, I asked in another thread and didn't get an answer. Lets just say it is quite a bit more than a comparable ICE vehicle. T-bone one, nothing crazy maybe 10-15 mph and mess up the battery. There's a very good chance they'll total it. T-Bone and don't mess up the battery, just wreck both doors, it might be another total. They're not cheap or easy to fix, and the insurance company knows it. Tesla offers their own insurance because they know the cost is high, IIRC states like NY and NJ Tesla doesn't offer it.