Dustin Hawley | Sep 20, 2022 Show
With fuel prices on the rise, many people are turning to EVs as a more efficient option. These cars are eco-friendly and can be cheaper to charge than filling up on gas. Electric vehicles may have dramatically reduced fuel costs, but just like regular cars, you should know some basics about EV charging costs to optimize your savings. Today we will discuss charging EVs and why EVs are more efficient than regular vehicles. We will also discuss different ways to charge your electric vehicle and examine some EV prices. Subscribe to the J.D. Power Newsletter Thank You You are now subscribed to the J.D. Power Cars Newsletter. Explore new car previews 2023 Ford F-Series Super Duty Preview F-Series Super Duty trucks got what they needed for the 2023 model year. Ford announced a more powerful line of heavy-duty trucks with a load of available new tech, great standard safety features, and unique upfits to make the trucks more appropriate for specific industries. Read the full review 2023 Honda Pilot Preview The fourth-generation 2023 Honda Pilot is about to go on sale, and Honda substantially upgrades it over the popular third-generation model it replaces. Honda will offer the redesigned 2023 Pilot in Sport, EX-L, TrailSport, Touring, and Elite trim levels in December 2022. Read the full review 2023 Ram 2500 Heavy Duty Rebel Preview Ram used the 2022 State Fair of Texas to show off its new 2500 Heavy Duty Rebel, a beefy off-road truck that retains its work-truck capabilities. It brings hardcore off-road upgrades such as an electronic-locking rear differential and a rear limited-slip differential. Read the full review Insights > How much does it really cost to charge an electric vehicle? How much does it really cost to charge an electric vehicle?09/20/2022 Finding the answer just takes a little math. Finding the answer just takes a little math. With automobile manufacturers introducing new options for electric vehicles, including Ford Motor Company’s 2021 announcement of its all-electric F-150 Lightning truck, many consumers are giving them another look. As you make decisions about your next family vehicle, it can be difficult to know the true costs of charging an electric car versus filling up a traditional tank. Finding the answer takes a little math. Adding up the electricity Most electric vehicles get 3-4 miles per kWh, and an average round-trip commute for our region is about 14 miles per day. So, a sample, conservative cost estimate would look like this: 14 miles / 3 miles per kWh = 4.67 kWh. Paying at the pump As of this writing, the average price of a gallon of gas in the Gulf South is $2.79. If you were to fill up the roughly 15-gallon tank of the popular Toyota Camry at this price, it would cost nearly $42. (The Camry is an economical choice, as it gets good gas mileage – a combined average of 33 miles per gallon during a mix of city and highway driving.) In this scenario, your 15-gallon tank would take your Camry almost 500 miles for that $42 investment in gasoline. An electric vehicle will take you 500 miles for less than $17. (You’ll likely need to charge it twice for that range.) Using our original example of average regional commute distance, driving a Toyota Camry 14 miles would cost you $1.16, more than double the cost of the same trip in an EV ($0.47). If you fill up your tank or charge your electric car once every week or two, you can see how the savings begin to add up. The charge for a charge If you install a Level 2 charger at your house, you’ll spend between $500 and $2,000 on the charger, related equipment and installation. These costs will be largely dependent on the charger you select and where you choose to install it. Many electric utilities also offer rebates or incentives for the purchase of electric vehicle chargers. Entergy offers most customers $250 incentive on qualifying Level 2 charger purchases. (Unfortunately, this program is currently not available in Arkansas.) Charging on the go Switch and save Nicole Bradshaw Manager of Digital and Social Media Is it cheaper to charge your electric car at home or at a charging station?Most charging stations will charge by the kilowatt-hour (kWh) when it comes to the charging rate. Compared to charging your car at home, it is more expensive to charge it in public charging stations. At home, it would averagely cost twelve cents per kWh.
How much does it cost for a full charge on an electric car?The cost of charging your EV on a road trip can vary, but will generally be between $10 and $30 per charge. That can make the cost of a road trip in an EV higher than the cost in a conventional vehicle.
How long does it take to charge an electric car at a charging station?Charging an electric car can be done at home or at any public charging stations. Fully charging a car can be done in just 30 minutes, or it may take as long as half a day. How big your battery is, or how fast your charging point is may change the time required.
How much does it cost to charge an electric car at Walmart?Pricing ranges from 25 cents to 99 cents, depending on the vehicle's power level, with a $1 session fee.
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