How To Calculate The Increase In Your Electric Bill After Buying An Electric Car
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- Опубліковано 10 лип 2024
- Today we calculate your electric bill after you buy an electric car. I show you how to calculate the estimated cost increase for electricity based on your specific electric car. I also discuss other factors that may impact your electricity cost for operating your electric car. Lastly, I do a quick comparison to the cost of operating a gas vehicle instead. Want us to do a calculation for you? Drop your electric car, location, and estimated annual mileage down in the comments and we would be happy to help!
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Part 2 to this video 6:33 should be how much solar do you need to install to offset the grid cost of electricty and is it worth it. US kWh residential rates across states vary from $0.08 (WY) to $0.40 (HI) per kWh. Being able to compare these options will help EV buyers evaluate the value of adding solar vs just paying grid energy rates.
Excellent idea! Community solar is also an option as well for those that rent or otherwise don't want to install solar in their property. For example, we utilize community solar and that gives us a 10% discount off the utility standard offer service rate plus its 100% renewable energy.
Where I am in Massachusetts, the electric rate varies widely. Much higher in the winter. But, on average the base rate is about $0.16 per kWh. Not bad huh? Yea we are not done. Then you add on the Transmission and Transition charges and a host of state fees and it adds another $0.17 per kWh. So, ultimately the going rate is about $0.33.
There is a BJs gas about a mile from my home with current regular gas prices of $2.95.
I keep doing cost comparisons between a Toyota Tacoma and a Rivian R1T and it's roughly the same.
0.33 / 2.3 = $0.1434 per mile.
$2.95/20 = $0.1475 per mile
So, your mileage will certainly vary based on your own situation.
Wow, that is a lot for distribution charges! $2.95 a gallon is an excellent price. Its about $3.60 per gallon here. Does your cost per mile include maintance on the Tacoma? With the 4x4 you would have diffs, trans, xfer case, oil changes, etc. Lastly, that Tacoma won't be near as fun to drive 😎
@@ElectrifiedOutdoors It's the fees that kill it. I forget all the various things the state charges, but there is a solar fee, a efficiency fee, EV fee, etc. Most are supposed to be used to create benefits for the public. One, for example, pays for companies to come to the house and change bulbs to LED, install a programable thermostat and offer discounts on insulation, window replacement, etc. For some people, this is a good deal. But some of the fees have so far only been used to pay consultants who are "studying the issues". You know, consultant companies that are large political donors. (^_^)
Nothing wastes time and money like a good "study" 😂
Now add the additional cost of vehicle and periodic replacement of the batteries plus the cost to install the charging equipment. Sounds like a fun project.
Batteries don't need periodic replacement. The batteries will last many many years. Also, EV makers are federally mandated to provide at least 8 years or 100,000 miles battery warranty on new vehicles. Many are better than the federal minimum. For example Rivian offers 8 years or 150,000 miles and Tesla has 8 years or 120,000 miles on many of its models. Try to get a gas car that has a 150,000 mile warranty on the engine or transmission. Don't believe all the EV FUD and misinformation that's out there.
@@ElectrifiedOutdoors Okay, replacing thousands of dollars of batteries after 8 years is not periodic, my mistake. Thousands of dollars by the way. Tire wear and related pollution, funny, was looking at tires, warranty for electric vehicles was half that of others. Read a lot about Tesla batteries being replaced in 3 or 4 years. We haven't even started about the power grid or environmental impact of making the batteries. Fires. Putting out car fires after an accident, ask your local fire department how much water that takes. In my experience, people who buy these things like to think they bought the best. Ask a realtor how many people think their house is worth more than they can sell it for. Sure the vehicle makes less pollution while actually driving it. Unfortunately, the electricity makes pollution to produce one way or another including wind and solar, which will never be reliable. If your life is such that you drive 10-20 miles to work each day and aren't worried about the current battery technology sometimes causing a bad day, good for you. If someone has a life and wants to spend a month or two exploring the great country we live in, have fun trying.
I don't think we are going to agree on this my friend. It sounds like you just don't like EVs and that's totally ok. Many of the points you bring up though are not totally correct. Just like with gas cars you will have some failures. Transmissions and engines are thousands of dollars as well. There's no magic vehicle. Every technology will have its pros and its cons. If you're worried about the grid that will adapt slowly, just like EV transition will happen slowly. It's funny they said the same thing when everybody was getting air conditioning. The grid would crash but we all have air conditioning today and the grid didn't crash. There was no apocalypse. I don't believe that I bought the best... Every vehicle has some shortcomings... But I'm happy with electric vehicles and I don't drive them for environmental reasons. I'm supporting jobs and infrastructure here in the United States rather than relying on imported oil from countries who may or may not look to do the United States harm. Electric vehicles don't care whether they get their electrons from solar, wind, natural gas, nuclear, etc. To me that's the best reason of all. All the other stuff is just icing on the cake.
@@ElectrifiedOutdoors You didn't live in, say, Austin, TX a few winters ago. The grid is so fragile right now it is incredible. There have been several fairly large blackouts in recent history. There is a lot to be said for an all electric car fleet. The technology is not there yet and will get a whole lot better in the next few years. ICE get more economical and cleaner all the time as well and oil is the most abundant and usable fuel we currently have for better or worse. The government should have used the rebate money to fix these two problems and make everyone want to buy these vehicles because they were actually better all around without bribing them to do so. Not sue we have to agree, won't interrupt my sleep at night. I've spent a lot of time last few years making my house more energy efficient. When they make an electric car that is, on the whole, a net plus for the environment and can be used for more than a daily driver, I'm all in.
Texas has their own grid... They aren't connected to the national grid. If you have no power how will you pump the gas? There are places where the Infrastructure needs improvement but that's not due to a pack of power or too many EV. Unless they put the entire grid underground (cost prohibitive) there will always be outages and damages that occur due to storms or other natural disasters. This is all the more reason folks should be investing in solar. A solar array and battery storage can help us be less dependent on the grid. Improvements in home energy efficiency are also an important step as well. EVs aren't for everyone yet. The two situations where I recommend against someone getting an EV is if they can't charge it at home or at work or they do a ton of very long distance driving very frequently. If you can charge at home or at work when you're otherwise doing something else. You're saving trips to the gas station, but when you have to take a road trip that does take slightly longer but only slightly because you have to remember. You're typically going to stop anyway to eat or use the restroom when you have a gas vehicle. The world is not going to convert to EV overnight though. That's just not feasible. If for nothing else, the financial reasons alone make that impractical. Car makers want EVs too because there is less to fail and they don't have to worry about all the emissions regs, equipment, and warranties.
You didn't consider the increased yearly registration fees. $600/yr for TX. Many other states are much higher. CA is at least double what TX is. Look it up for your State and add that to your yearly cost.
Fair point. Yes, this video only talks about fueling costs. Extra registration charges for EVs could arguably be included in fuel cost comparisons because with an ICE (gas) vehicle your paying state and federal taxes each time you fill up vs. a larger fee at registration renewal.
so cal coast closer to .32 per KWH.
Yeah, SoCal is not the least expensive for electrons.