Electric vehicle charging cost
Interesting article, Gas is cheaper to fuel than a Tesla, which on top of charging cost, has a battery which apparently depreciates $1000 a year. https://seekingalpha.com/article/4160351-tesla-model...
Forum Discussion
Full disclosure, we own 2 Tesla’s, an S and an X.
There are, in this area, very few free charging stations that are convenient to anywhere we go and will be staying long enough to be of any use. Even a modest ‘top up’ charge of say ~50% to ~80% takes an hour or more even on a Super Charger. If you are taking an hour out of your day just to get a ‘free’ charge is not free.
The other issue that is becoming a big problem is residential chargers in condos. Very few places want to install a charge station where the cost of electricity is borne by the residents and EV owners don’t want to pick up the bill if it’s not for their exclusive use. That often means either the ‘lost hour’ mentioned above or parking the car somewhere other than at home.
In our case we installed 2 charging stations in the warehouse, at considerable cost I might add, and the cars are there fairly often overnight.
The other sticky issue popping up, at least up here, is taxes. If an employer, or in my case my company, pays for my gasoline for personal use it’s a taxable benefit. My accountant told me has a client who is being audited (presumably someone made a call) and the tax man wants a bunch of money from them because they charge their car at work. They are then getting an untaxed benefit. Oops.
IMHO the cost of electricity is only a small part of the cost of ‘charging’.
There are, in this area, very few free charging stations that are convenient to anywhere we go and will be staying long enough to be of any use. Even a modest ‘top up’ charge of say ~50% to ~80% takes an hour or more even on a Super Charger. If you are taking an hour out of your day just to get a ‘free’ charge is not free.
The other issue that is becoming a big problem is residential chargers in condos. Very few places want to install a charge station where the cost of electricity is borne by the residents and EV owners don’t want to pick up the bill if it’s not for their exclusive use. That often means either the ‘lost hour’ mentioned above or parking the car somewhere other than at home.
In our case we installed 2 charging stations in the warehouse, at considerable cost I might add, and the cars are there fairly often overnight.
The other sticky issue popping up, at least up here, is taxes. If an employer, or in my case my company, pays for my gasoline for personal use it’s a taxable benefit. My accountant told me has a client who is being audited (presumably someone made a call) and the tax man wants a bunch of money from them because they charge their car at work. They are then getting an untaxed benefit. Oops.
IMHO the cost of electricity is only a small part of the cost of ‘charging’.
