Comment Re: Not for long. (Score 1) 144
Can confirm. I was spending ~$500 a month in gas. Switched to an EV and I pay ~$70 a month in additional electricity. Unfortunately my workspaces doesn't have chargers so 95% of all my charging is done at home and most of that is overnight when it's cheapest.
How do these numbers make sense?
Using conservative numbers, $500 in gas at $3/gal is 166.67 gallons x 20 MPG means driving 3,333 miles/month. That's a lot of driving. I believe the average EV gets 3.4 miles/KWH and the average cost per kwh is about $0.20 so 3333/3.4 *
Estimating your miles driven on $70/month for electricity that's $70 month/.20 KWH = 350 KWH x 3.4 Miles/KWH = 1,190 miles/month. $500 in gas to go 1,190 miles seems unlikely.
When I was looking at an EV I priced the fuel cost of a Model Y versus my current SUV for 10K miles/year and ICE came out cheaper, especially when including the new $250/year EV tax. But at 40K miles/year the numbers would be different.