Will your electric bill rise if you buy an EV?
Maybe, but other costs will drop.
Have you been hearing about the potential of soaring electrical bills if you purchase an EV?
Yes, your bill could increase, but by how much?
Its not a simple answer, and there are a lot of factors to consider.
(Gas car) drivers spend about $250 per month at the pump.
So how much juice does an EV use?
Electricity rates dont spike in the same way gas does.
Another thing to consider is when you charge up.
To save a few dollars, try plugging during the weekday between 7:00 am and 10:00 am.
If nights are more convenient for you, between 8:00 pm and 11:00 pm is best.
Energy consumption rates are usually lowest during these off-peak hours.
have a go at work in a charging session the next time you grocery shop.
One of the most popular options isEVGo Fast Chargingstations.
you might also get help with trip planning and add your home charger to the data pipe.
(TOU works by charging customers less for electrical usage during off-peak times.)
Another way to slash your electricity bill is by going solar.
You could capture even more tax credits and incentives, so its a win-win.
So how does gasoline vs. electric stack up?
According to Lending TreesValuePenguin, (gas car) drivers spend about $250 per month at the pump.
Cost savings, stellar fuel economy, and environmentally sound driving?
Another win-win-win for electric vehicles.
