Per Study, ICE fueling costs fall below price of EV charging

[D’Roc]

I was going to place (probably flawed) in front of Study in the title of this thread. But the Anderson Economic Group has determined the average cost to charge an EV, AT HOME, in order to drive 100 miles is $11.60 compared to $11.29 for gasoline for an ICE vehicle.
ICE fueling costs fall below price of EV charging in the midrange segment, study says
I don’t know about the rest of you, but my mi/kWh average over the last 5,000 miles was 3.1 which would make my charging at home cost $3.83. Adding in the expense of my 4+ year old L2 which I’ve used for ~ 50k EV miles still only adds $0.20 to the above.
Does anyone on this forum pay $11.60 in electric and related costs to go 100 miles?!?

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[azerik]

I've avg'd 3.3 to 3.8 for the last decade I've been driving electric. I charge on EV super off peak which is just about 7 cents a kw. I surely don't pay nearly $12 per hundred miles. Closer to $2.35 at 3.5
I love how these articles are always Ca power prices, or Norway... Come on. Take it out to my sisters place in Tx 2.5 cent a kW/h. ? These idiots don't even bother to try to avg the electric costs across the country.

Who wants to push ICE drivers to think even less of EV's? Automotive 'news' places.

 

[Hammered]

My OTD price for ALL power I use from 11p-7a is 3.5 cents per kWh out the door. (rate is 1.49 cents, but you know, fees and taxes).

If they used 2mi/kWh, that's 50kWh, that'd be 23.2 cents per kWh
If 3mi/kWh, that's 33.3kWh, that's 35 cents / kWh

If it's the bottom number, that's DCFC only, which almost nobody does. If you have the EV, you bought it for the economics. Nobody who pays their own power bill is going to find DCFC as 'the' option for charging when you can get nightly rates that are fractions.

Given that you can charge from home on the cheap, comparing gas station and DCFC station prices is idiotic. I didn't visit the link, I'm not going to click on their clickbait. They want people to go there which is why the claim is outlandish.

 

[superdave80]

I charge at work for cheap/free. But if I were to charge at home, even paying California's crazy residential high prices (.38/kWh) and even assuming 3.1 mi/kWh (worse than I get), that still only comes out to around $12.26. My more 'realistic' cost (.24/kWh for overnight charging plan, 4 mi/kWh) would be $5.85, half of what they list.

I can't see the study, so I'm not sure what numbers they are using. The ICE number seems about right assuming 30mpg and $3.40/gal.

 

[bruceski88]

I was going to place (probably flawed) in front of Study in the title of this thread. But the Anderson Economic Group has determined the average cost to charge an EV, AT HOME, in order to drive 100 miles is $11.60 compared to $11.29 for gasoline for an ICE vehicle.
ICE fueling costs fall below price of EV charging in the midrange segment, study says
I don’t know about the rest of you, but my mi/kWh average over the last 5,000 miles was 3.1 which would make my charging at home cost $3.83. Adding in the expense of my 4+ year old L2 which I’ve used for ~ 50k EV miles still only adds $0.20 to the above.
Does anyone on this forum pay $11.60 in electric and related costs to go 100 miles?!?

At PGE rates of $.28/kWhr it would be over $9. Maybe Hawaii is that expensive. Gas here would be around $16

 

[hawkeye3point1]

Does anyone on this forum pay $11.60 in electric and related costs to go 100 miles?!?

@ 3.1 MI/KwH my home charging cost is now $10.96/100 mi., so yes I expect many on here are in that group. Be thankful you live where elect. rates have not skyrocket.

 

[RickMachE]

I was going to place (probably flawed) in front of Study in the title of this thread. But the Anderson Economic Group has determined the average cost to charge an EV, AT HOME, in order to drive 100 miles is $11.60 compared to $11.29 for gasoline for an ICE vehicle.
ICE fueling costs fall below price of EV charging in the midrange segment, study says
I don’t know about the rest of you, but my mi/kWh average over the last 5,000 miles was 3.1 which would make my charging at home cost $3.83. Adding in the expense of my 4+ year old L2 which I’ve used for ~ 50k EV miles still only adds $0.20 to the above.
Does anyone on this forum pay $11.60 in electric and related costs to go 100 miles?!?

Your math doesn't make sense. You used 1,613 kilowatts and you say that cost you $3.83? How does that work?

My cost to go 100 miles would be around $5.

 

[gordonf238]

off peak which is just about 7 cents a kw.

Consider yourself lucky and blessed. In the northeast, there's no such thing as "offpeak" rates. We pay 24 cents/kwh all year long.

 

[HuntingPudel]

It costs me nearly $30 in fuel only to drive 100 miles in the Blazer. Compare that to zero for my MME (since my PV over-generates). ?‍?

EDIT: Admittedly, my Blazer gets poor freeway mileage. It’s way worse in 4WD though. ??

 

[Hammered]

Consider yourself lucky and blessed. In the northeast, there's no such thing as "offpeak" rates. We pay 24 cents/kwh all year long.

That's crazy. No reason for power to cost over 20 cents in the US. We have centuries of energy available to us.

 

[AKgrampy]

Everybody does not live in a warm state and everybody does not have low cost energy. Here in Alaska I am only getting around 2 mi/kWh in the winter and my electric is 25 cents and I feel I break about even. But for people in northern climates with higher rates or if they can’t charge at home (DCFC) it is probably an accurate assessment. My guess is though most people can take advantage of off peak charging to lower their costs and beat the “average” In the summer there is no comparison - 1/2 to 1/3 the cost even at our fairly high rates.

 

[Hammered]

....

Too much truth.

Carbon taxes are stupid. Every plant agrees. I have to mow 25% more often, but that's okay. It's better than living in an ice age.

 

[kdonnel]

Costs me about $4 to go 100 miles.

It would cost about $16 to go 100 miles in my ICE F-150.

 

[Blue highway]

Anderson Economic Group are either
1) dishonest
2) morons

possibly a combination of the two.

Either way, the greatest impact of their study is to destroy their credibility.

 

[Blue highway]

Everybody does not live in a warm state and everybody does not have low cost energy. Here in Alaska I am only getting around 2 mi/kWh in the winter and my electric is 25 cents and I feel I break about even. But for people in northern climates with higher rates or if they can’t charge at home (DCFC) it is probably an accurate assessment. My guess is though most people can take advantage of off peak charging to lower their costs and beat the “average” In the summer there is no comparison - 1/2 to 1/3 the cost even at our fairly high rates.

The average electricity rate in the US is 13 cents... The article makes broad generalizations based on edge cases.

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