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
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?