Forum Discussion
tomman58
Mar 03, 2021Explorer
Gjac wrote:
The real question for me is an EV really cost effective when compared to an ICE or hybrid type vehicle. It is hard to cut through the marketing hyperbole on some of the EV web sites. I will probably give my 2009 CRV to my GS so I am looking for another car anyways and started looking at the some of these EV's. I tried to compare an EV to my current RAV4 Hybrid and this is my logic. I live in CT and my total cost per KWH is 27 cents( 9 cents to generate and 18 cents for delivery costs). Most EV's I looked would use 30 KWH's to go 100 miles. At 27 cents/KWH X 30 KWH's= $8.1 to travel 100 miles. My 2019 RAV4 averages 40MPGs so 100 miles/ 40 MPG's=2.5 gals x $2.00/gal = $5.00. If gas goes to $3/gal and it will that would be $7.50. At $4/gal = $10 to travel 100 miles. So to me the equivalent cost is about $3.40/gal. Not factored in is Ct uses mostly oil to generate electric so the electric cost will go up as the price of oil just not as fast as gas. This does not include all the other stuff others have mentioned such as higher initial cost of the vehicle, etc. Bottom line EV's don't make sense to me unless gas prices exceed $4/gal. Am I missing something in my math?
Here in Michigan, I have a separate meter and rate for the electric car which helps. Also when we got our Volt a few years ago they gave us a credit on the lease of the car and a free charging station from Uncle Sam.
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