Few people know what a kilowatt-hour costs them, so they don’t realize how cheap EV home charging is versus gasoline. On the road, it's more complicated.
How Much Does It Cost to Charge an Electric Vehicle? (A comparison at home and on the road, with gasoline)::Few people know what a kilowatt-hour costs them, so they don’t realize how cheap EV home charging is versus gasoline. On the road, it’s more complicated.
This summer, at Electrify America in Erie PA, I recently paid $0.35 / kWh. And at Electrify Canada in Hamilton ON, I paid $0.57 CAD / min, which is $0.23 CAD / kWh at 150 kW.
This is roughly on par with the cost of gasoline, per mile. I assume the margins are pretty thick for Electrify, because household electricity costs less than a third of that.
For example, say it costs $0.35 / kWh. At 3.5 miles / kWh, that’s $0.10 / mile.
For comparison, say gas costs $3.50 / gallon. At 30 miles / gallon, that’s $0.12 / mile.
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This summer, at Electrify America in Erie PA, I recently paid $0.35 / kWh. And at Electrify Canada in Hamilton ON, I paid $0.57 CAD / min, which is $0.23 CAD / kWh at 150 kW.
This is roughly on par with the cost of gasoline, per mile. I assume the margins are pretty thick for Electrify, because household electricity costs less than a third of that.
For example, say it costs $0.35 / kWh. At 3.5 miles / kWh, that’s $0.10 / mile.
For comparison, say gas costs $3.50 / gallon. At 30 miles / gallon, that’s $0.12 / mile.
A side note: It’s only on par with gas dependent on the kWh. When that changes the outcome changes. Not all EVs get 3 kWh.