Electric Cars Equal $1/Gallon Gas For Life + $1,200 Cash A Year

[scottf200]

This is one cool chart and report!

Electric Cars Equal $1/Gallon Gas For Life + $1,200 Cash A Year
BY JOHN VOELCKER May 24, 2012
http://www.greencarreports.com/news/...00-cash-a-year


Monthly gas price vs. electricity price in $/gallon equivalent 1976-2012 (Edison Electric Institute)

Car buyers are notoriously fond of focusing only on the purchase price of new vehicles, without much thinking about the total cost of ownership.

For electric cars that may cost twice or more what a similar-size gasoline vehicle does, that's a problem.

Still, two separate pieces of evidence begin to make a compelling case for the huge running-cost advantages of plug-ins.

They'll prove useful in conversations over the next few years, as friends, relatives, and neighbors question electric-car buyers about their new vehicles: why they did it, how much hassle it may be to plug in, and--of course--how much it cost.

First is a post entitled Buck-a-Gallon Gas for Life?
<snip>

[dax777]

Excellent thread, one more reason to love my Volt...thanks for the info...

[Steverino]

Very cool, Scott. I reposted on FB, annoying my relatives and friends yet again I suppose

[BAZINGA]

I currently pay 5.7 cents per Kw. I wonder how the numbers would change if w could plug in our own electricity rates, vs the generic rate used when comparing electricty to gas.

[solar_dave]

I currently pay 5.7 cents per Kw. I wonder how the numbers would change if w could plug in our own electricity rates, vs the generic rate used when comparing electricty to gas.

The same plays true for us solar users. Once the ROI has been realized the watts are very reasonably priced, nearly free. In my case I paid $38 to the power company last month on 1500 kWh, but also banked almost 500 on peak kWh valued at $72. In effect the power company has $34 of my money and my electric was free. Of course I will use those kWh later this summer to cover my AC costs, which used to cost me $500 -$600 a month or more in the summers.

Energy czar $1 a 100 miles is real for electric miles.

[Victor C]

With the Volt, we have cut the umbilical cord to OPEC, helped the enviroment, and are saving money with the coolest car on the planet. Many thanks to Lutz and GM.

[tboult]

Great Scott!.
I'll have to remember that one..

[KyleH]

Victor C,

No offense, even if you do not want to help the environment or even save money, the Volt is the coolest car on the planet.

The environment and extra money is just something you have to put up with. I think I'll have to go gambling and burn some trash to undo all the good that my Volt is contributing.

(Oh, OPEC can kiss my a**.)

-KyleH

(Sorry Scott for the threadjack.)

With the Volt, we have cut the umbilical cord to OPEC, helped the enviroment, and are saving money with the coolest car on the planet. Many thanks to Lutz and GM.