The off lease Fiat500E and Chevy SparkEV are two low milage used cars with great price points. They both look good in the reviews I’ve watched. Both have (around) 80 mile ranges. My commute is 22 miles. Because I’d be charging over night, I don’t think I’d have to install a Level 2 charging system for speed charging. And I wouldn’t be using this for long trips, just communting.
BUT – I don’t have solar, so would I just be robbing Peter (Exxon) to pay Paul (Delmarva Power)? How much does it actually cost to go electric?
The literature says to figure out my cost of charging at home, multiply my vehicle’s kWh/100 miles figure by my electric rate. That figure will give me the cost per 100 miles. I’ve risked humilation by running the numbers and showing my work below. It looks CRAZILY in favor of going electric, but you may have sensed that I don’t trust my math. Are there any science types out there who have crunched the numbers?
Anyone plugging in at night, and by passing the pump?
Hit me up in the comments, or IRL.
My computations assuming the average residential cost in DE per KWH = $o.1226
Fiat 500E 30 kWh/100 miles (30 x $0.1226 = $3.68 per 100 Miles)
Chevy Spark EV 28 kWh/100 miles (28 x $0.1226 = $3.43 per 100 Miles)
Internal Combustions Assuming $2.20 per gallon:
My car 30 mpg. (30 x $2.20 = $66 per 30 miles)