CurtW
Well-Known Member
- First Name
- Curt
- Joined
- Feb 23, 2023
- Threads
- 6
- Messages
- 124
- Reaction score
- 247
- Location
- Northwest AR
- Vehicles
- 2022 GTPE
- Thread starter
- #1
I see a lot of discussion about cost of electricity vs cost of gas. The comparison that resonates best with me, is how does my KWH cost compare to what price per gallon I would pay if I were pumping gas instead? Here is my 2 cents worth:
There are so many variables involved, that nothing is concrete. but these benchmarks seem to work pretty well for my calcs.
I've calculated:
I'm paying between 14 and 45 cents per KWH, so I believe my EV power costs compares to a range from a LOW of 67 cent gas (0.14 X 4.80) to a HIGH of $2.70 (0.45 X 6.00) gas. Most of my charging is at home, at the 14 cent rate, keeping me, for comparison, well under a dollar a gallon most of the time.
If you've made similar calcs, I'd love to see what you came up with, always looking to improve my math!
There are so many variables involved, that nothing is concrete. but these benchmarks seem to work pretty well for my calcs.
I've calculated:
- In coldest weather, $1.00 per KWH is about the same as $6.00 per gallon gas.
- In ideal driving conditions, $1.00 per KWH is closer to $4.80 gasoline.
I'm paying between 14 and 45 cents per KWH, so I believe my EV power costs compares to a range from a LOW of 67 cent gas (0.14 X 4.80) to a HIGH of $2.70 (0.45 X 6.00) gas. Most of my charging is at home, at the 14 cent rate, keeping me, for comparison, well under a dollar a gallon most of the time.
If you've made similar calcs, I'd love to see what you came up with, always looking to improve my math!
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