September 29, 2023
Electric meter and level 2 charger, How Much Does it Cost to Charge an EV?

How a lot does it price to cost an EV? Learn on…

How a lot does it price to personal an electrical automobile? Sadly, it’s too early to say. Variables together with long-term upkeep prices—which ought to be very low—and resale worth are nonetheless unknowns. However, there are some bills we will estimate with a level of precision, together with charging prices.

We all know, for instance, what electrical energy prices in any given market, and we all know how a lot electrical energy an EV makes use of. So, whereas we will’t, but, let you know how a lot your Chevrolet Bolt EUV, for instance, will price you to function for ten years, we will predict what your home-charging electrical invoice will come to.

For the needs of this train, lets assume the common EV proprietor drives about as a lot as the common American driver. Based on the Federal Freeway Administration, that’s 14,263 miles a 12 months, or 274 miles per week. To simplify the maths, we rounded that determine to 275.

We checked out charging prices in 5 markets, together with the three largest U.S. city areas, and two more-rural places. As you possibly can see from the charts under, New York and Los Angeles are costly on the subject of the worth of electrical energy, whereas Des Moines, Iowa, and Omaha, Nebraska residents purchase their energy for discount costs, all issues thought-about.

We checked out 5 fashionable electrical autos, together with the Ford F-150 Lighting massive pickup, and the Tesla Mannequin Y compact crossover. Additionally included on this train are the subcompact Chevrolet Bolt EUV, the compact Audi This fall e-tron crossover, and the favored Kia EV6 compact crossover. All of our instance vehicles, aside from the Bolt, are outfitted with AWD.

The MPGe score, seen on the charts under, is supplied by the EPA, and permits customers to match the power consumption of electrical autos to gasoline-powered vehicles and vehicles. The maths is straightforward: 33.7 kWh of electrical energy is the power equal of 1 gallon of gasoline. So, how A lot Does it Value to Cost an EV? Learn on…

Oh, and for the aim of comparability, shopping for every week’s price of gasoline at $3.50 a gallon for a automobile averaging 25 mpg would price $38.50.

Word: Electrical energy prices could range inside a given metropolis. Prices used for calculations under are probably the most consultant we might discover on the time of publishing.

Extra electric-vehicle information and opinions


How A lot Does it Value to Cost an EV?

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Chevrolet Bolt EUV

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Kia EV6

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Word to my pal Stan Milam and his WCLO radio listeners: Electrical energy in Janesville, Wisconsin, presently averages $.145 per kWh. Thus, the weekly price to cost the Audi This fall e-tron is $14.36, Chevrolet Bolt EUV $11.57, Ford F-150 Lightning $19.14, Kia EV6 $12,37, and Tesla Mannequin Y $11.17.

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