ChrisO

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How is an article that only looks at dollars and cents useful? What about my units of moral virtue and planet saving??? 💸
I hate say it but that just isn’t going to get mass adoption especially in the US, either by need or by greed you have talk money. And it has the advantage that everyone agrees on the exchange rate.
 

AliRafiee

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I can’t complain. I pay about $30/month extra for electricity at home. I charge at home 99% of the time. I drive 30 miles per day on avg.
Ford Mustang Mach-E Cost to drive EV per state NYT Shared Article IMG_0026
 

Herbknowsit

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If you look at your utility bill and find the "cost" per kWh (example 14 cents) make sure you factor in ALL other line items on your electric bill (like delivery fee, taxes, etc) Take your total electric bill and divide by the number of kWh you used that month and that would be a more accurate cost of what your charging rate nets out to be. For me, the MME is still WAY cheaper than ICE vehicle and more fun. Goes without saying I guess that electric bills are going up and never going down.
 


Tampamike

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My total out of Pocket, $32k was fully returned to me in 4.5years, I am now over $20k ahead on solar.
That $32k divided by 54 months = $592/month. I don’t know your personal situation but that seems awfully high for year round electric costs but then again I don’t live in MA either.
 

Tampamike

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If you look at your utility bill and find the "cost" per kWh (example 14 cents) make sure you factor in ALL other line items on your electric bill (like delivery fee, taxes, etc) Take your total electric bill and divide by the number of kWh you used that month and that would be a more accurate cost of what your charging rate nets out to be. For me, the MME is still WAY cheaper than ICE vehicle and more fun. Goes without saying I guess that electric bills are going up and never going down.
I would disagree with that analysis. The real cost of your EV charging is more of an incremental cost. You already have and will continue to have electricity installed and in use at your home for other reasons that supersede your EV needs. So, the EV portion of your bill is just more kw’s on top of all that other stuff that you already paid for. So, the real cost of EV charging is the base cost of those extra kw’s.
 

MacherAWD

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That $32k divided by 54 months = $592/month. I don’t know your personal situation but that seems awfully high for year round electric costs but then again I don’t live in MA either.
Incentives, 30% back in federal rebate (about $10k), and each mega watt I generate in Mass gets sold on an exchange to all the polluting companies ($22k tax free from that alone). My bill would only be about $300 without solar.
 

doogie63

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Ford Mustang Mach-E Cost to drive EV per state NYT Shared Article 1000006000
well for me I pay at home off peak rates .09 and I get 4.4 miles per kwh. So only cost me $2.05 to drive 100 miles. With winter coming it will cost a little more. In winter I think I get 3.2 miles per kwh. I have a 22 select and drive short trips around town. Don't really get on it.
 

Tampamike

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Incentives, 30% back in federal rebate (about $10k), and each mega watt I generate in Mass gets sold on an exchange to all the polluting companies ($22k tax free from that alone). My bill would only be about $300 without solar.
That makes more sense. Good deal for you.
 

MacherAWD

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That makes more sense. Good deal for you.
Its why I did it, everyone was like "you green hippie" and I am like, um, look at my guaranteed returns? Its actually why I bought my first EV, we had extra production so why not drive for free!
 

theotherdave

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No mention of any difference in maintenance and repair costs...
 

shutterbug

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If you look at your utility bill and find the "cost" per kWh (example 14 cents) make sure you factor in ALL other line items on your electric bill (like delivery fee, taxes, etc) Take your total electric bill and divide by the number of kWh you used that month and that would be a more accurate cost of what your charging rate nets out to be. For me, the MME is still WAY cheaper than ICE vehicle and more fun. Goes without saying I guess that electric bills are going up and never going down.
My utility publishes cost per kWh
Ford Mustang Mach-E Cost to drive EV per state NYT Shared Article 1760019003189-2q
Ford Mustang Mach-E Cost to drive EV per state NYT Shared Article 1760019076285-4g

If you ca take advantage of Super off-peak in the winter, that's super bargain.
 

Beerbronco

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I have solar, it was on the house when we purchased it so we had to take over the lease. We have a flat rate and only pay Xcel if we use more than we produce. Over the 3 years of owning the Mach-E I have received money back from Xcel so we have never used more than we produce. In my mind that means I basically drive for free. The only time I use DCFC is when we road trip and that cost has been less than if I would have driven my Xterra (lucky to get 19 MPG).
I also am in the camp that it isn't about saving money per se it has a more meaning full purpose for me, environment and I can blow the doors off of a Mach 1 at the line. :cool:
Sponsored

 
 







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