Sunday, May 1, 2022

Costs of buying and running EV vs gas vehicle

"say you travel 15,000 miles annually in your F-150 and average 21 mpg...means you're burning about 714 gallons...multiply by $4.24/gal national average, which works out to an annual fuel bill of about $3,028... Lightning: 7,221 kWh. Multiply that figure by $0.14/kwh and the result is roughly $1,011 in electricity per year." 

"you'd have to own the Lightning for about nine years for your "fuel" savings to make up the price difference" 
"the annual price difference of running the Accord compared to the Kia, works out to a payback period of nearly 13 years." 


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