Electric Car Vs Gas Fuel Cost
However fuel costs for an electric car are significantly less than the cost to gas up.
Electric car vs gas fuel cost. The price of gasoline is posted at every corner gas station but what about the cost of driving on electricity. The cost of owning and operating an electric car vs. Department of energy and the epa assumes that the average person drives approximately 15 000 miles per year. Most electric car owners charge at home and so you ll need to know what it costs to charge there.
The breakdown for a gas powered car vs. 7 but keep in mind that charging your vehicle takes more time and is less convenient than pumping gas and you ll need be able to shell out more money for the initial purchase. Sparks has to pay about 33 000 for his hyundai ioniq electric trend at a dealership while mr. The department of energy s egallon provides a quick and simple answer to this question and allows electric vehicle ev drivers to see how much they can save on fuel by using electricity instead of gasoline.
The cost of electricity is much more stable than the cost of gasoline but it varies tremendously. This guide released by the u s. We re using the 2019 fuel economy guide to compare the cost of driving an ev to a gas vehicle over the course of one year. Plus as the years progress the lower cost of operating an electric vehicle fuel and maintenance continue to accrue.
This means that per hour the average electric vehicle only uses 0 98 making the cost of a full charge 6 86 much more appealing than a gas car s fuel cost. An immediately apparent difference between evs and ices is their fuel source and consequently what you as a consumer use to power your vehicle. Why is there such a big price difference. In the case of the mini it might just tip the advantage to the electric model.
Cost of driving an electric vehicle vs a regular gas powered car. After weighing these pros and cons you ll be. Fuel costs for electric cars vs. Gas car is one of the most important considerations when you re looking to purchase as energy sage points out.
Generally it costs 1 117 per year to run a new gas powered vehicle and only 485 per year to run a new electric one. Thankfully that statement will not be true into the future. Ices run on gasoline is burned internally to power the car while evs run on electricity. Yes evs are more expensive than gas cars.