What does my Mach E really cost me to run??

[West1134]

So, I'm coming up on a year of ownership and I've been extremely happy with the Mach E. I sing its praises but also am clear with the shortcomings of the lacking infrastructure nationally for longer road trips, additional planning required etc. when talking to people about it. However, I stress to anyone I speak to that if you can charge at home it is a game changer! Not to mention the lack of fluid changes, maintenance etc.

The most frequent question I get is "what does it cost me per month to charge it, and how does that compare to an ICE vehicle?" Well, I finally decided to sit down and do some math.

Preface: I have a nearly 30 mile each way commute, mostly freeway to work. So ~60 miles/day round trip. I was also previously commuting in a 2009 Toyota Corolla and for easy math - that unfortunately is still quite accurate - I used $5/gal as my fuel cost, and 30mi/gal for the Corolla as the efficiency as that was close.

With the above, I was effectively burning 1 gal of gas each way for a $10/day fuel cost (60 miles round trip daily / 30mpg @ $5gal). Assuming the same usage for a typical month that puts me at $200/mo in fuel costs to drive a Corolla M-F. I decided not to figure in weekend travel as there were definitely weeks where I worked from home 1-2 days a week so figure its somewhat of a wash, not to mention none of this is truly scientific.

Now to the Mach E. Now I put wider performance wheels/tires on it the day after I bought it, added a spoiler and frankly am still driving it inefficiently (quick accelerations, 75+mph most of the time, not concerning myself with climate control settings, etc.) and also haven't been really tracking the Kw/H readings. I have only charged it outside my home maybe 5 times since I bought the car (all on the same road trip) so its 99% of the time charged at home using my L2 charger. So, for this evaluation I looked at the past 12 months of ownership vs the previous 12 months in Utility bills. This of course is overall KwH used in my household NOT specifically what the Mach E pulls, which I would need to get logs from my EVSE, but unfortunately that quit talking to my iPhone a few months back, so I'm just going to go with the overall usage. Here's what I came up with:

So even though this doesn't account specifically for what the Mach E exclusively is using at home, nor the fact that my A/C was running more this year due to hotter weather etc. it is mind blowing (and yes I realize living in the PNW the electricity rate is dirt cheap) how little this car is running me to charge! So $367.62 more a year or averaging $30.63/mo to charge at home. Comparing that to my $200/mo figure for the Corolla, that is a net savings of $2,032.38.

Pretty cool!

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[Logal727]

So, I'm coming up on a year of ownership and I've been extremely happy with the Mach E. I sing its praises but also am clear with the shortcomings of the lacking infrastructure nationally for longer road trips, additional planning required etc. when talking to people about it. However, I stress to anyone I speak to that if you can charge at home it is a game changer! Not to mention the lack of fluid changes, maintenance etc.

The most frequent question I get is "what does it cost me per month to charge it, and how does that compare to an ICE vehicle?" Well, I finally decided to sit down and do some math.

Preface: I have a nearly 30 mile each way commute, mostly freeway to work. So ~60 miles/day round trip. I was also previously commuting in a 2009 Toyota Corolla and for easy math - that unfortunately is still quite accurate - I used $5/gal as my fuel cost, and 30mi/gal for the Corolla as the efficiency as that was close.

With the above, I was effectively burning 1 gal of gas each way for a $10/day fuel cost (60 miles round trip daily / 30mpg @ $5gal). Assuming the same usage for a typical month that puts me at $200/mo in fuel costs to drive a Corolla M-F. I decided not to figure in weekend travel as there were definitely weeks where I worked from home 1-2 days a week so figure its somewhat of a wash, not to mention none of this is truly scientific.

Now to the Mach E. Now I put wider performance wheels/tires on it the day after I bought it, added a spoiler and frankly am still driving it inefficiently (quick accelerations, 75+mph most of the time, not concerning myself with climate control settings, etc.) and also haven't been really tracking the Kw/H readings. I have only charged it outside my home maybe 5 times since I bought the car (all on the same road trip) so its 99% of the time charged at home using my L2 charger. So, for this evaluation I looked at the past 12 months of ownership vs the previous 12 months in Utility bills. This of course is overall KwH used in my household NOT specifically what the Mach E pulls, which I would need to get logs from my EVSE, but unfortunately that quit talking to my iPhone a few months back, so I'm just going to go with the overall usage. Here's what I came up with:

So even though this doesn't account specifically for what the Mach E exclusively is using at home, nor the fact that my A/C was running more this year due to hotter weather etc. it is mind blowing (and yes I realize living in the PNW the electricity rate is dirt cheap) how little this car is running me to charge! So $367.62 more a year or averaging $30.63/mo to charge at home. Comparing that to my $200/mo figure for the Corolla, that is a net savings of $2,032.38.

Pretty cool!

Yeah this is why I saw so many BEVs in the PNW a couple weeks ago, also this explains it as well lol

 

[West1134]

Yeah this is why I saw so many BEVs in the PNW a couple weeks ago, also this explains it as well lol

Absolutely!

I also own a diesel truck for pulling our 5th wheel and diesel right now is nearly $6/gal. I pulled my trailer across the state last week and my wallet is hurting!

 

[hartmms]

I also own a diesel truck for pulling our 5th wheel and diesel right now is nearly $6/gal. I pulled my trailer across the state last week and my wallet is hurting!

I'm in the same boat with my Ram 2500 and 5th wheel. I suspect we won't see an EV truck with the same towing and range as our 3/4 ton diesel trucks in the next 20-30 years. I'd be happy to be wrong.

 

[West1134]

I'm in the same boat with my Ram 2500 and 5th wheel. I suspect we won't see an EV truck with the same towing and range as our 3/4 ton diesel trucks in the next 20-30 years. I'd be happy to be wrong.

Agreed.

I'm actually kind of puzzled as to why we haven't seen manufacturers trying to bridge the gap with hybrid diesel trucks? I mean put an electric motor and battery pack under the bed, then retain a smaller diesel under the hood, and you get the best of both worlds. Tons of low end torque from the electric drivetrain to get the weight moving, then range/flexibility with the diesel for highway speeds, where it can keep revs low anyways maintaining speed, and of course range and quick fill ups on trips.

My gut tells me its just too much cost added to already $90k+ trucks coupled with weight of course, which would negatively impact legal towing capacity. None the less, seems like a missed opportunity to try and figure out IMO.

 

[Teslaeata]

So, I'm coming up on a year of ownership and I've been extremely happy with the Mach E. I sing its praises but also am clear with the shortcomings of the lacking infrastructure nationally for longer road trips, additional planning required etc. when talking to people about it. However, I stress to anyone I speak to that if you can charge at home it is a game changer! Not to mention the lack of fluid changes, maintenance etc.

The most frequent question I get is "what does it cost me per month to charge it, and how does that compare to an ICE vehicle?" Well, I finally decided to sit down and do some math.

Preface: I have a nearly 30 mile each way commute, mostly freeway to work. So ~60 miles/day round trip. I was also previously commuting in a 2009 Toyota Corolla and for easy math - that unfortunately is still quite accurate - I used $5/gal as my fuel cost, and 30mi/gal for the Corolla as the efficiency as that was close.

With the above, I was effectively burning 1 gal of gas each way for a $10/day fuel cost (60 miles round trip daily / 30mpg @ $5gal). Assuming the same usage for a typical month that puts me at $200/mo in fuel costs to drive a Corolla M-F. I decided not to figure in weekend travel as there were definitely weeks where I worked from home 1-2 days a week so figure its somewhat of a wash, not to mention none of this is truly scientific.

Now to the Mach E. Now I put wider performance wheels/tires on it the day after I bought it, added a spoiler and frankly am still driving it inefficiently (quick accelerations, 75+mph most of the time, not concerning myself with climate control settings, etc.) and also haven't been really tracking the Kw/H readings. I have only charged it outside my home maybe 5 times since I bought the car (all on the same road trip) so its 99% of the time charged at home using my L2 charger. So, for this evaluation I looked at the past 12 months of ownership vs the previous 12 months in Utility bills. This of course is overall KwH used in my household NOT specifically what the Mach E pulls, which I would need to get logs from my EVSE, but unfortunately that quit talking to my iPhone a few months back, so I'm just going to go with the overall usage. Here's what I came up with:

So even though this doesn't account specifically for what the Mach E exclusively is using at home, nor the fact that my A/C was running more this year due to hotter weather etc. it is mind blowing (and yes I realize living in the PNW the electricity rate is dirt cheap) how little this car is running me to charge! So $367.62 more a year or averaging $30.63/mo to charge at home. Comparing that to my $200/mo figure for the Corolla, that is a net savings of $2,032.38.

Pretty cool!

So, the stats are in for 65,466 miles & 27mths.

Total kWh bought 22,067 for £5,784.25

74.96% 16,542 Kwh at home cost £2,607.10
25.04% 5,526.48kWh on DCfC for £3,141.15

So 25.04% on DCFC cost 54.65% of total

Av £0.16/kWh home and £0.57/kWh DCFC

If ICE @ 48mpg & £1.50/litre would cost £9274.35 in petrol.

Therefore, fuel saving using EV (MME RWD ER) = £3,526.10 which is 38.02%.

Added to which savings are those on income tax company BIK (car tax) and Corporarion Tax breaks = mucho savings ?

E&OE

 

[Eagertrader]

In all honesty, the savings are great, but they quickly evaporate when you factor the added cost of insurance and personal property taxes + the extra cost over a comparably equiped ICE. The true savings for me come from having a super-car performance for a much less than a super-car price.

 

[West1134]

In all honesty, the savings are great, but they quickly evaporate when you factor the added cost of insurance and personal property taxes + the extra cost over a comparably equiped ICE. The true savings for me come from having a super-car performance for a much less than a super-car price.

I agree the initial cost of the car was higher (especially since I bought mine during the height of the crazy) which effectively absorbs/moves my fuel savings into what my payment is. But that cost is done in 5yrs (in my case) at which point I will still be saving on maintenance and fuel costs into the future.

Insurance in my case going from an 09 Corolla to the 22 Mach E Premium only went up $20/mo
I don't understand what you mean by personal property taxes.

Def agree with having more performance without the high performance price tag.

 

[Eagertrader]

Personal property taxes for me are $2200 x year in the county where I live. My insurance w/a good driving record is about $1300 vs. $300 and $600 for my 07' Toyota Avalon which I still own. I guess is a wash, since if I had upgraded to a comparable new ICE I'd still be paying higher taxes and insurance anyway. My point is that regardless of the savings, the performance you get makes it all worth the while!

 

[jpiazza67]

So, I'm coming up on a year of ownership and I've been extremely happy with the Mach E. I sing its praises but also am clear with the shortcomings of the lacking infrastructure nationally for longer road trips, additional planning required etc. when talking to people about it. However, I stress to anyone I speak to that if you can charge at home it is a game changer! Not to mention the lack of fluid changes, maintenance etc.

The most frequent question I get is "what does it cost me per month to charge it, and how does that compare to an ICE vehicle?" Well, I finally decided to sit down and do some math.

Preface: I have a nearly 30 mile each way commute, mostly freeway to work. So ~60 miles/day round trip. I was also previously commuting in a 2009 Toyota Corolla and for easy math - that unfortunately is still quite accurate - I used $5/gal as my fuel cost, and 30mi/gal for the Corolla as the efficiency as that was close.

With the above, I was effectively burning 1 gal of gas each way for a $10/day fuel cost (60 miles round trip daily / 30mpg @ $5gal). Assuming the same usage for a typical month that puts me at $200/mo in fuel costs to drive a Corolla M-F. I decided not to figure in weekend travel as there were definitely weeks where I worked from home 1-2 days a week so figure its somewhat of a wash, not to mention none of this is truly scientific.

Now to the Mach E. Now I put wider performance wheels/tires on it the day after I bought it, added a spoiler and frankly am still driving it inefficiently (quick accelerations, 75+mph most of the time, not concerning myself with climate control settings, etc.) and also haven't been really tracking the Kw/H readings. I have only charged it outside my home maybe 5 times since I bought the car (all on the same road trip) so its 99% of the time charged at home using my L2 charger. So, for this evaluation I looked at the past 12 months of ownership vs the previous 12 months in Utility bills. This of course is overall KwH used in my household NOT specifically what the Mach E pulls, which I would need to get logs from my EVSE, but unfortunately that quit talking to my iPhone a few months back, so I'm just going to go with the overall usage. Here's what I came up with:

So even though this doesn't account specifically for what the Mach E exclusively is using at home, nor the fact that my A/C was running more this year due to hotter weather etc. it is mind blowing (and yes I realize living in the PNW the electricity rate is dirt cheap) how little this car is running me to charge! So $367.62 more a year or averaging $30.63/mo to charge at home. Comparing that to my $200/mo figure for the Corolla, that is a net savings of $2,032.38.

Pretty cool!

That’s a great savings. It saved you 2-3 oil charged in that time too, that’s a couple hungees it saves too.
I just enter a pilot program with Duke Energy and Ford, I get up to 800kwh a month of off peak charging for the next year for $20/month.

 

[timbop]

That’s a great savings. It saved you 2-3 oil charged in that time too, that’s a couple hungees it saves too.
I just enter a pilot program with Duke Energy and Ford, I get up to 800kwh a month of off peak charging for the next year for $20/month.

That's an astonishing price! I suspect that rate won't last, but I also assume you won't really use all 800kwh a month

 

[jpiazza67]

I know! I got wicked lucky to get in on it, thanks to Ben (Rabbitsquirrel22), who posted last Friday about the pilot program. I signed up that day. https://www.ford.com/grid/duke

 

[MME Farmer]

In all honesty, the savings are great, but they quickly evaporate when you factor the added cost of insurance and personal property taxes + the extra cost over a comparably equiped ICE. The true savings for me come from having a super-car performance for a much less than a super-car price.

We don't have personal property tax and I do get hit with higher insurance, but I don't feel I really paid any extra for my car compared to an ICE car with the same torque and hp. So far I'm pretty sure I'm over $4000 in energy savings in the 19 months I've owned this car. Not to mention that it's been a lot of fun!

 

[djjerv91]

I don't know about others, but my utility company has probably the best EV incentive program around. Peak hours are only 2-7pm on weekdays. All weekends, holidays, and any hour outside of 2-7pm on weekdays is only $.03 per kWh. I couldn't believe either so I asked. They confirmed that is correct. Never moving.

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