Tuesday, June 23, 2015

Revised Fuel Cost Estimate For Plug-In Electric Vehicles

In in a previous Wrong Monkey blog post, I incorrectly stated that the fuel costs for a plug-in electric vehicle are about half those of a hybrid vehicle of comparable size and performance, and that that hybrid uses about half as much fuel as a comparable conventional vehicle.

Well, loyal Wring Monkey readers, I'm sorry. I should've done a little more research before shooting my mouth off with such sensationalistic figures, because the truth is that for many drivers of electric vehicles, their fuel cost is not 50% of a hybrid and 25% of a conventional vehicle -- but 0% of anything. Nada. Zip. The null set. Just exactly squat.

And I'm not talking about the example I gave in the earlier post about someone living in a zero-energy house which generated enough energy for the car as well. I'm talking about people who drive electric vehicles and are having all of the electricity for those vehicles given to them. For example, anybody who owns a Tesla and is in driving distance of one of these dots:

Those are Tesla recharging stations. Any Tesla can be recharged at one of those stations any time for free. There are more of those stations per square miles in the US than in other parts of the world, but Tesla is working on that. They're also helping people convert their houses into ones which will generate all the electricity from solar, plus enough left over for the car. (What is this Elon Musk guy trying to prove, anyway? And can we all agree that he's proving it?)

In addition, many employers are now providing free recharges to their employees who drive plug-ins. This Department of Energy website has some info about that. Not everybody can afford a Tesla, but if you shop around for a good sale or lease bargain on, say, a Nissan Leaf, and factor in a fuel cost of Squat annually, it no longer seems like you need to be Donald Trump or Elon Musk to get in on this.

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