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Research Firm Claims Most cars still cost more to charge than to fill up with gas
(www.businessinsider.com)
this post was submitted on 02 Aug 2023
18 points (69.6% liked)
Technology
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I charge a Lightning at home with an 80 amp charger and before that I had a gas f150. The increase to my energy bill was about $30-$40 a month and offset about $400 a month in gas.
That is a clear comparison, and sounds like a fantastic change as well!
But how much more does a lightning cost vs a gas truck? I bought a truck last year and badly wanted the lightning but it would have taken roughly 140000 miles before I broke even and the electric was saving me money. That was also using $5 a gallon for gas as a comparison which I only ever paid to at much for once. I’m all for electric and if you have the money and want one go for it but financially speaking it doesn’t make much sense right now unless you want a bolt or a leaf which are actually comparable in cost to a gas car. Everything else is so widely overpriced.
This is definitely hitting the nail on the head. Until the technology trickles down into the lower-end models, it's not anywhere near as much a cost savings when you have to buy way up in trim level to get electric as an option.
It's also worth noting that electric economy is notably worse in cold climates - your internal combustion car generates heat for ~free, the electric heater in your Tesla does draw a fair bit of current.