Electric Car Vs Gas Cost

Even if you double your electric rate to 20 cents per kwh your ev recharging cost will be 50 to 66 dollars a quick comparison with an average gas car from kelly blue book yields a.

Electric car vs gas cost.

The cost of electricity is much more stable than the cost of gasoline but it varies tremendously in the u s. Fuel costs for electric cars vs. However some electric cars still remain very expensive. We take the average distance that a gasoline powered vehicle can drive on a gallon of gas 28 2 miles for comparable 2012 model year cars and then calculate how much it.

The breakdown for a gas powered car vs. This guide released by the u s. Department of energy and the epa assumes that the average person drives approximately 15 000 miles per year. The cost of owning and operating an electric car vs.

For gasoline costs we used the national average price of gas in february 2020. 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. Electric cars have decreased in price considerably over the last 10 to 15 years. 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.

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. After weighing these pros and cons you ll be. Cost of driving an electric vehicle vs a regular gas powered car. An electric car comes out to be 9 83 per 100 miles for a gas car and 5 27 per 100 miles for an electric vehicle.

Gas car is one of the most important considerations when you re looking to purchase as energy sage points out. Ices run on gasoline is burned internally to power the car while evs run on electricity. The price of an egallon tells consumers how much it costs to drive an ev the same distance you could go on a gallon of unleaded gasoline in a similar car. An immediately apparent difference between evs and ices is their fuel source and consequently what you as a consumer use to power your vehicle.

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.