Electric Cars In Boston: Reducing Fuel Costs And Contributing To Sustainability – Electric cars are now three to six times more expensive to drive in the US as gas prices rise
Electric cars are now three to six times more expensive to drive in the US due to higher gas prices and more volatility.
- 1 Electric Cars In Boston: Reducing Fuel Costs And Contributing To Sustainability
- 1.1 Electric Cars Vs Gas Cars Cost In Each State
- 1.2 Electric Vehicle Vs. Gas Car Pros And Cons
- 1.3 Ways U.s. Cities Are Accelerating The Switch To Evs
- 1.4 What The Us Is Getting Right — And Wrong — About The Move To Electric Vehicles
- 1.5 For Evs To Take Off, Boston Needs More Equitable Placement Of Chargers
- 1.6 Ev Vs. Gas Prices: Cheaper To Charge Or Fill The Tank? It Depends
Electric Cars In Boston: Reducing Fuel Costs And Contributing To Sustainability
The fact that electric vehicles are more efficient and cost less to operate than their gas-powered counterparts is not new information, but it is becoming more apparent, and it is on people’s minds more and more with the recent increase in gas prices.
Electric Cars Vs Gas Cars Cost In Each State
Gas prices have changed in history, but even more so amid the Russian aggression in Ukraine and restrictions on the country in the past, which happened to large oil and gas producers.
Across the United States, gas prices have risen by more than $4.20 per gallon on average, with many areas seeing more than $5 per gallon.
TheZero Emission Transportation Association (ZETA) has released a new document that calculates how this increase affects operating costs compared to electric vehicles.
According to their paper, rising gas prices make electric cars 3-6 times cheaper than conventional cars. Gas consumption by state:
Why Electric Cars Can’t Come Fast Enough
Overall, by March 2022, EV driving is cheaper per mile than gas-powered driving. Nationwide, EVs are 3-5 times cheaper to drive per kilometer than gas-powered vehicles. In Arizona, Florida, Georgia, Nevada, North Carolina, Tennessee, and Virginia, some EVs are 5-6 times cheaper to drive.
Unfortunately, the picture in the report is not good enough to see how much cheaper EVs are compared to ICE cars, but you have to focus on the numbers:
ZETA is comparing the Ford F150, Toyota RAV4 and Honda Civic to the F150 Lightning, Rivian R1T, and Tesla Model 3.
Above, you’ll see a comparison between a full tank of gas and a full battery for those vehicles, but more interestingly, here’s a price-per-mile comparison:
Electric Vehicle Vs. Gas Car Pros And Cons
This month’s consumer price index shows once again that the price of steam Gas increased, which was increased by Putin’s invasion of Ukraine. American families are losing money at the pump to increasingly unpredictable and unaffordable goods in an already expensive pandemic year. Our analysis shows that American consumers do not have to choose between driving their cars or saving money. Electric vehicles are now available for purchase.
The difference in cost per mile is also significant in some regions of the United States, such as California:
Stay up-to-date with the latest content by subscribing to Google News. You’re Reading — Breaking News Experts on Tesla, Electric Vehicles, and Solar Energy Green, next day. Be sure to check out our homepage for all the latest news, and follow on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews. Electric vehicles have attracted people’s attention for many years. And now, with gas prices on the rise now – the thought of not being dependent on fuel is even more terrifying. So now is the time to buy an electric car? Here is what you need to know.
Whether you’re looking for a new or used car – gas or electric – you’ll get paid. More in 2022 than last year. It’s not just the cost associated with buying a vehicle, but operating it as well. Experts say it’s important to break out the calculator to see if an electric vehicle will provide the pocket-friendly savings you need.
Oregon Will Ban Sale Of New Gas Cars By 2035
“In terms of overall savings, I think the mistake a lot of people make is they just think ‘yeah, electricity is less expensive than gas so I’ll start saving right away.'” But you have to take into account things. The vehicle costs more than a traditional gas vehicle, and I think that’s where you start to run into the problem of it taking so long to break down,” said Edmunds senior editor Ronald Montoya. Also, if you buy a new car, you will have to make a vehicle payment.
For example, the new electric Nissan LEAF 2022 costs about $27,400 and gets about 100 mpg/city. The 2022 Nissan Sentra is a comparable gas car, which costs about $19,600 and gets about 30 mpg/city. Depending on your driving style, it may take a long time before you break even. The US Department of Energy offers a handy side-by-side calculator where you can compare vehicle models and potential savings over time.
In addition to cost, AAA Automotive Technical Engineer Matthew Lum says your lifestyle is a factor when choosing between electric and gas vehicles.
“Consider your typical driving behavior and compare how many miles you typically drive in a day against the mileage estimate provided by the EPA. Keep in mind that these driving range estimates may be less than what you might find depending on your driving environment,” Lum said. “It is recommended that you look for a vehicle with more advertising levels than you drive on a normal day to account for these differences.”
Ways U.s. Cities Are Accelerating The Switch To Evs
While the initial sticker price for an electric vehicle is often higher than its gas counterpart, many new electric cars qualify for federal tax credits of up to $7,500. In addition, there are state and local incentives that may apply.
It’s important to do your homework and research your incentives before making your purchase to ensure you know exactly what you’ll qualify for and how you’ll be reimbursed.
“Even though it’s often billed as auto parts, it doesn’t work that way. It’s a credit on your income tax,” Montoya noted. “If you have a refund, you will get the full amount, but if you have to pay it will be reduced from there. Depending on your tax situation, you may not get the full refund in your pocket.”
If you choose to lease an electric vehicle, some companies will use tax credits to reduce the monthly payment.
What The Us Is Getting Right — And Wrong — About The Move To Electric Vehicles
With an electric car you won’t stop at the gas station, but that doesn’t mean you won’t spend money – either at home or at the charging station – to power your car.
To get an estimate of how much it will cost to charge an electric car at home, look no further than your current electricity bill to see how much you’re paying for a kilowatt-hour (kWh).
As of December 2021, the national average price of electricity is 13.75 cents per kilowatt hour and some experts say electric vehicles can go 4 miles per kilowatt hour. If you drive 1,200 miles per month you will need about 300 kWh to charge your car, which will The price is about $41.25 per month.
Another thing to be aware of when considering an electric car is what the charging infrastructure is in your area. There will be times when charging at home is not an option. Whether you’re on a road trip or just forgot to plug in and charge, you’ll need to know where there are public charging stations. Public charging stations are operated by third parties, so prices vary.
For Evs To Take Off, Boston Needs More Equitable Placement Of Chargers
In addition to making sure you know where the charging station is, you need to allocate time for charging to occur. “When you go to a gas station sometimes during peak hours, you might have to wait a while, it’s not like when someone fills up with gas and five minutes later you’re out of there,” Montoya said. “You may have to sit in your car, 20 to 30 minutes, until the space is free for you.”
There are three levels of charging stations: Level 1, Level 2 and Level 3. Depending on your driving habits and charging needs, you may need to consider installing a charging station at your home, which may not be possible if you live in a condo or apartment.
Electric vehicles can save money in areas other than pumping. “Maintenance costs can be significantly less for electric vehicles because there is no oil or belt to change and the brakes are used less because of the new brake system,” Lum said. Basically, you just need to stay on top of rotating your tires and make sure your windshield wiper fluid is full.
On average, gas-powered vehicles cost $0.101 per mile to maintain compared to $0.061 per mile for electric vehicles, according to data released in 2021 by the U.S. Office of Energy Efficiency and Renewable Energy.
Ev Vs. Gas Prices: Cheaper To Charge Or Fill The Tank? It Depends
Electric vehicles can initially cost more than gas vehicles to repair. After three months of use, the service costs of electric vehicles are 132 percent higher than gasoline-powered cars, according to forecast analysis and data company WePredict. However, after three years, the average service cost for an electric vehicle is 31 percent less than a gasoline-powered vehicle. Lower repair costs are due to electric vehicles only having fewer mechanical parts in the first place.
As with any major financial decision, it is important to carefully weigh the pros and cons of purchasing an electric vehicle.
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