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

[azerik]

Remember, mother Earth is dying, and its oceans will quickly rise and turn into pools of lava unless we bankrupt the average American taxpayer. Nevermind the fact that Chinese continue to build dozens of coal power plans for its middle class. We're very green over here, even if our pockets are empty.

Take my upvote!

My post about MA's largest electricity supplier charging 48 cents/kWh is total. It breaks down to roughly 34 cents on the supply side and 14 cents on the delivery side. The delivery side is basically a collection of several smaller mysterious sounding rates, and another flat $7 fee called the "customer fee".

In MA we can switch the supplier to get a better supply rate, but we can't change the delivery rates. I switched my supplier to the cheapest possible rate that was available (requiring a 3-year commitment) and it went from 34 cents down to 18 cents. So now I'm paying about 32 cents/kWh in total. There's a $150 early cancellation fee, which I've already saved in my first month's bill so I'll quickly cancel if cheaper rates become available this spring. We also intend to install solar this spring....

So DirecTV owns your electric companie(s). That really sucks.

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[Fat Mach]

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

My marginal rate at the end of the year was $0.69 / kWh. Yeah, I know.

 

[awp0]

So DirecTV owns your electric companie(s). That really sucks.

Yeah, actually National Grid is a publicly traded British company that recently reported record profit as they raised the supply price by over 100% in one month. I was a little salty about the situation to begin with, but learning this about National Grid really just tied a bow on the whole thing.

 

[twriter]

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.

Holy cow, where are you that electricity is that much. Here in the Bay Area, PG&E charges, IIRC, 24/26 cents/kWh (but going up, as always) for their household rate, with an EV-specific rate plan that goes as low as 11 cents/kWh between 11pm and 7am.

 

[jeffvick2005]

In Utah we're fortunate to have low electric rates - $0.11 / kWh during all hours. It makes EV charging at home about 1/3 the prices of gas. Of course that delta is smaller in the winter than in summer due to battery winter range.

 

[BigMach-E]

Okay, so off peak Cal rate .34 per kWh. Divide by 3 miles, multiply by 100 get $11.33 for 100 miles. It’s honestly close to parity in the Bay Area with a car that gets 35 miles to the gallon. Fuel cost isn’t the attraction around here.

 

[Logal727]

Waiting for Fox News to pick this up like they usually do for AntiEV clickbait

 

[superdave80]

Holy cow, where are you that electricity is that much. Here in the Bay Area, PG&E charges, IIRC, 24/26 cents/kWh (but going up, as always) for their household rate, with an EV-specific rate plan that goes as low as 11 cents/kWh between 11pm and 7am.

I'm in the North Bay with PGE, and I don't think the rates you list are correct. PGE lists their rates here (https://www.pge.com/pge_global/comm...rates-work/Residential-Rates-Plan-Pricing.pdf), and the standard rate is .32/kwh, and then goes up to .39/kwh at a certain monthly usage (which I would easily hit if I charged at home). The lowest EV charging rate I see anywhere on their site is .24/kwh.

Where did you see an EV rate of .11/kwh?

 

[woody]

More food for thought:
We charge 95%+ directly from solar panels (L1, one EV plugged in most of the [day]time).
L2 EVSE used rarely, just to make sure it still works or for an occasional cabin/battery conditioning).
That (only) considered, our (juggled*) cost might be $20/year or for ~3,500 miles. $.13/kWh here.
However, when you factor in EVSE cost (5.5 years now) that would be about $12/month currently, and of course will be lower over time.
*The cost of solar could be factored in as well, but with some amount of time to figure ( we are all electric, what % is used for EV?, utility pays us a pittance [currently ~$50/year] for our production, utility company billing constantly changes [6 times in six years], etc.).
I could do the accounting, but I am not that inclined/motivated.
Multiple factors to consider with an EV.
Simply put, we(I) are saving money....and perhaps giving following generations a fighting chance.
I would venture a guess that most MME owners are paying less.
Replace my HVBJB and Happy Days are here again. Might even consider another Ford
(Bi-directional) EV.

Have fun driving in your MME

 

[available_username2]

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.

Did they compare to fuel prices in CA?

 

[available_username2]

With gas at $4 a gallon, and a car (midsize hybrid SUV) that typically gets 25 MPG for a tank, I'm paying 16 cents a miles. Or $16 to go 100 miles.

With off-peak electricity rates at roughly 33 cents a kWh, and getting roughly 3 miles per kWh, I'm paying about 12 cents per mile to drive the Mach-E, or $12 for 100 miles.

I'd have to get a car that gets at least 34 MPG before the Mach-E is more expensive to drive.

So a rav4

 

[ARK]

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?!?

I pay about $8 to get 100 miles of range on my AWD SR Mach-E. I do have an ice car, a 2006 Mustang GT, and that would cost me around $20-$25 in gas to travel 100 miles.

 

[Hammered]

I pay about $8 to get 100 miles of range on my AWD SR Mach-E. I do have an ice car, a 2006 Mustang GT, and that would cost me around $20-$25 in gas to travel 100 miles.

Crazy, my F150 at highway speeds can do it in $15 as of today's gas prices. Drop it to 55mph or so and it's 25% less.

 

[Kevinbringard]

In Utah we're fortunate to have low electric rates - $0.11 / kWh during all hours. It makes EV charging at home about 1/3 the prices of gas. Of course that delta is smaller in the winter than in summer due to battery winter range.

Your eastern neighbor, Colorado, here. We’re in a similar boat. We pay a flat $0.12/kWh which, even with winter driving conditions, works out to about $0.05/mi in our MME as compared to $0.20/mi for our other primary vehicle, an AWD Toyota Sienna.

As others have said, I can’t see the report so I don’t know all the specific details, but my gut tells me they’re taking the best possible case for gas (30MPG+) and comparing it to the worst possible case for BEV. No idea what their agenda is, but seems at the very least they’re clickbaiting.

 

[azerik]

Doesn't everyone drive a Prius Prime? (Thought I saw someone getting nearly 80mpg in one on here)

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