true cost - EV owners paying $17.33 per gallon of gasoline (vehicle, Texas)

[28173]

https://www.yahoo.com/finance/m/79c4...mines-the.html

Combined, the report found that these hidden costs add around $48,000 to the cost of an average model-year 2021 EV over 10 years.
The report estimated that the average EV accrues $48,000 in subsidies and nearly $5,000 in electricity costs over a 10-year period, equal roughly to $17 per equivalent gallon of gasoline. Even with recently slashed prices and tax incentives, the report said that EVs will remain more expensive than their ICE counterparts for years without "increased and sustained government favors."

Here is the study:

https://www.texaspolicy.com/wp-conte...nnettIsaac.pdf

[LKJ1988]

Odd. It cost me $6 a month to charge my EV.

[Dave 92 LSC]

I always felt that if every house can have solar and batt storage to charge the vehicles that would be a great thing. Vintage vehicle for recreation, why not. It’s a beautiful thing..
but the oil companies and money bags that rule this planet will never let that happen.

[Need4Camaro]

Originally Posted by Dave 92 LSC

I always felt that if every house can have solar and batt storage to charge the vehicles that would be a great thing. Vintage vehicle for recreation, why not. It’s a beautiful thing..
but the oil companies and money bags that rule this planet will never let that happen.

Its not the oil companies preventing that from happening, its the costs. I have solar + 3 backup batteries. In order to charge those batteries you must produce more than you use during the sunlight period, meaning you need more panels. My system costed in the ball park of $80,000 and those batteries will only sustain my house for about 16 hours without sunlight. Keep in mind that there are grants local and federal as well as energy programs from local utility providers that reduce the costs significantly but its still far out of reach for the average American...

[Dave 92 LSC]

Originally Posted by Need4Camaro

Its not the oil companies preventing that from happening, its the costs. I have solar + 3 backup batteries. In order to charge those batteries you must produce more than you use during the sunlight period, meaning you need more panels. My system costed in the ball park of $80,000 and those batteries will only sustain my house for about 16 hours without sunlight. Keep in mind that there are grants local and federal as well as energy programs from local utility providers that reduce the costs significantly but its still far out of reach for the average American...

So living off a sun power is a pipe dream? Got it.

[StealthRabbit]

Originally Posted by Dave 92 LSC

So living off a sun power is a pipe dream? Got it.

Thanks to Jimmy Carter era subsides which artificially propped up a solar market segment that would have thrived in a Free Market economy, and all prices would now be similar to other parts of the planet who have affordable and reliable solar.

Gov is doing the same thing to EV industry. Instead of funding the design and development to make it cost effective and reliable and available to the masses, they are simply providing a subsidy to keep it inefficient and expensive.

[The_Sim_Mister]

Originally Posted by Dave 92 LSC

I always felt that if every house can have solar and batt storage to charge the vehicles that would be a great thing. Vintage vehicle for recreation, why not. It’s a beautiful thing..
but the oil companies and money bags that rule this planet will never let that happen.

In theory it sounds great in reality it's a little different. If i to take my electric bill average,it comes out at $160 a month, however most of the power I use during the summer when AC is going. For breakeven i am looking at between 7-10 years. With that being said, i always been taught money today is worth more than money tomorrow. It makes no sense for me to spend more money on the system today to save money after 7-10 years.

[Airborneguy]

Fake news