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The True Cost of Powering an Electric Car


Depending on the cost of electricity, an EV could be a bargain or bust. Here's the smart way to think about powering an electric car.
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Edmunds chose not to introduce solar to this discussion because it really complicates the cost analysis. While I do pay .18/kWh when I charge at home, my solar array produces about 90% of my total electric use of my home and my car charging. When I charge at work a lot in a month, my electricity bill is negative(banked kWh's for future use).
The article uses Hawaii's high electricity cost of .36/kWh but Hawaii is a perfect place for solar PV systems and since the islands are small, it is also the perfect place for an EV because most people would be hard pressed to drive 100 miles in a day on a Hawaiian island so the limited range is really taken out of the equation.
I would only add that these cost comparisons as described leave out the huge external costs of using dirty energy, primarily oil, but also coal and natural gas for generating electricity. When all the costs are included, the EV is vastly superior to internal combustion in all categories save range, and range is a non-issue in over 90% of American's driving.
Guess who is going to take the hit when you trade your EV in? It sure won't be the dealer! So much for all that money you saved at the pump :-(
PS You are stuck with going to the dealer to have these beast service. I think I'd rather have a root canal!
07:35 PM, 01/18/11
Good article about the true cost of operating an electric vehicle. But not much has been said about how to keep eCars going when production starts ramping up. Ever notice how the market reacts to consumer use. Our electric grid is antiquated and runs quite close to its maximum output. Only limited expansion to the grid is underway. What happens on a hot day when everyone plugs in there car and there is not enough electricity to run air conditioners and computers? We have rolling brown or black outs now! The price of electricity will jump and it will take TIME for the grid to come in line with the increased demand, if it can catch up. What will the MPHe be then? Hopefully the air, heat, and solid waste pollution generated from the new large electricity generating systems that will be needed will be better than running gasoline engines, but the balance of all these systems does not seem to be well understood yet. Being GREEN may not be so green.
Even so, it is true that the bottom-line needs to make sense when purchasing a more efficient vehicle.
This article should have also mentioned that solar electricity powering a home or business can make a consumers cost per kWh much lower than they are currently paying and also provide the power for these vehicles.
A useful comparison between petrol/diesel and electric driving per year in UK units:
Average 30 miles /day is approx 10,000 miles/year.
Fuel Cost:
Petrol: £1.30/litre
Miles/Litre= 10 for 45 Miles/Gallon
per mile = £ 0.13
per Year = £1300
Electric
per mile = £0.03
per Year = £300
Savings = £1000 per Year on fuel
Additional savings:
Road Tax = £150
So at least a savings of £1150 per year.
What can reduce this is the added depreciation of the battery pack (£1000 per year?).
I personally think that the battery is where most buyers should scrutinise. A system where the customer does not own the battery pack could become the norm. This also enables battery swapping at filling stations to occur.The life time of the electric motor and drive train is expected to be much longer than that of conventional petrol/diesel cars. The electric car owner could then stand to benefit from lower overall depreciation in an system where the battery is swappable and leased.
Battery Lease cost per month is quoted as £65 for Renault and others.
Battery Lease / year = £780
So Basic savings per year = £1150 - £780 = £370
A battery lease car like the electric Renault Zoe or the Kangoo Van is £13,600 after UK government grant.
The equivalent diesel van is £9000.
Thats a difference of £4600.
So the electric version would pay back the difference in at least 12 years.
Also factor in reduced maintenance costs for electric motor vs combustion engine per year.
Since you can expect longer life-times out of your electric vehicle (without battery) compared to petrol/diesel than a payback time of 10 years is possible.
Over the next 10 years, the value of electric driving will only improve.
All in all, if you can afford the extra 50% upfront costs, you don't stand to lose very much in £'s .
In comparing costs to benefits it seems to be a personal choice of financing and health. That is not to say that a 100 mile range on a "Fill-up" is close to ideal. I can drive my 2002 Intrepid from Boston, MA to Trenton NJ in six hours with one gas stop of 15 minutes. That trip would take 12 gallons of gasoline and cost me about $23 to $26 dollars Plus wear and tear on all of the above mentioned & related parts.
EV's would be great for in the cities and short commutes.
This from http://finance.yahoo.com/news/makes-cost-gallon-gas-070110185.html.
Find the cost of taxes. The federal tax on gasoline is 18.4 cents per gallon. On top of that, there are state taxes and, depending on where you live, local gasoline and/or sales taxes, too. If taxes are typical where you are, the API estimates you're paying 49 cents per gallon in federal, state and local gas taxes, making up 12.5 percent of the average $3.88 gas price.
If we are going to have electric cars on the roads, sooner or later, they will need to pay their fair share of the road taxes like the rest of us.
For example, a Nissan Leaf gets 99 mpg equivalent. A Tesla Model S, a far more luxurious vehicle with class-leading acceleration and handling, gets 89 mpg equivalent.
A Nissan Versa, on which the Leaf was roughly based, gets 30 combined MPG.
A Mercedes-Benz CLS550, which has roughly equivalent performance and luxury to a Tesla, gets 20 combined MPG.
So if you want to be comfy and have fast acceleration, it costs about 1.5 times more to run than the Leaf.
However, a Tesla Model S costs only about 10% (1.1 times) more than the Leaf.
Admittedly, a Model S in the long-range model costs from $80-105k. However, a Mercedes CLS550 costs about the same ($75k+).
To make this concrete, let's say I had a Nissan Versa and wanted to go to Miami. I go 150 miles on my trip. So 150 / 30mpg is about 5 gallons, or $20. The same trip on a Mercedes CLS class would be about $30.
The Model S gets about 0.300 kwh per mile. So a trip of 150 miles will consume 45 kwh. Here in South Florida, where I'm charged a bit under $0.12 per kWh, it would cost $5.40 to go to Miami and back.
So I can drive to Miami for about 1/4 what a Versa would cost, and about 1/6th what a CLS550 would cost. And not sacrifice one thing in ride, handling or comfort.
That looks like a pretty sweet deal to me. If you have $80,000 for a car, and don't need to go over about 200 miles in a stretch, Tesla looks like a fully competitive choice that doesn't need to apologise to anyone.
D
EXCEPT: You haven't finished the analogy. You haven't included THE COST OF REPLACEMENT BATTERIES.
How often will they need replacing and at what cost? What is the resulting cost per mile just for the batteries.
I imagine that factor would end up showing that electric/hybrid vehicles are MORE EXPENSIVE to operate than gas/diesels. And they cost more to boot.
10-1 most of the people here raving about their electric cars would oppose solar and wind farms in their "pristine" local environments, just like Kerry et al did out on Martha's Vineyard.
Although some maintenance costs for an IC engine go away with an electric vehicle, those costs are replaced by the need to replace the battery. Many of the costs do not go away as they are replaced by something else, for example belts go away but now an electric motor directly drives the A/C compressor and the power steering is electric, both with new reliability problems of their own.
Today electric car owners are able to get away without paying road taxes that are part of the cost of motor fuel. That will not last very long, as more electric vehicles are in service the states and federal government will definitely start charging some sort of tax, look at the additional cost for propane or natural gas when used in vehicles as an example.
EVs may be great in warm weather areas, but the miles per KWh definitely goes down substantially when the weather is cold. Batteries are much less efficient when cold and heating the air for the passengers (and battery) consumes a lot of energy. That is never accounted for in the cost analysis. Cold weather areas also require tires that are more aggressive to negotiate slippery and snowy roads. These tires have much higher rolling resistance, thus increasing the power per mile, sometimes quite dramatically.
Solar cells sound like a great alternative, but what is the cost for installing enough solar cells to power your car? Also, the solar cells would either have to be at your workplace or some sort of storage device (another battery pack) at your home, otherwise charging the car at night is not possible with solar cells. Wind power is another possibility, other than it not being very predictable.
I still would rather drive my non-hybrid Sonata for long trips. It is inexpensive to own, large enough for my 6 foot 5 inch body (unlike a Prius), and gets me 37MPG at 80 MPH or 47MPG at 65 MPH. A hybrid or all-electric vehicle would cost me at least 50% more to buy initially. An all-electric vehicle would also not be acceptable for frequent 500 mi (one way) trips. I can do that on one tank of gas in the Sonata.
The choices of consumers have kept the electric car down.
There have been electric cars for sale in the US for 100 years.
The above article implies that charging the electric car batteries will vary in price throughout the day. It might for a large commercial company, but residential power meters are not time of day sensitive.
The truth is that if batteries were cheap, light weight, long lasting, and made from benign chemicals, we would all be driving electric cars.
I have designed many battery chargers over the last 30 years for aerospace and medical systems. There are many kinds of batteries, and they all have their own problems.
Electric cars are like anything else, they can seem great at a distance, but the more you learn, the more you find a can of worms.
Second, I think using kWh only costs may be under reporting actual costs. In my area, the other part you pay is the fee to get power to your home (essentially transmission costs), and mine isn't fixed but tends to float higher as you consume more power. If I use 200 or 400 more kWh per month and it increases this part of my bill, you need to factor that cost in as well.
Night time electrical power is very plentiful across the nation, creating an opportunity of power companies to sell an otherwise unused commodity. As you might imagine, the best place and time to charge an electric vehicle is at home, overnight. For this reason, many public utilities are creating special electric vehicle rates and time-of-use rates which sell this otherwise wasted capacity at a discount.
The article mentions the high price of electricity in Hawaii as a disincentive. But what else is expensive in Hawaii? Why, gasoline, of course. Hawaii has the nation's highest gas prices. And while the electric rates are high, the article failed to mention that Hawaii's HECO utility sells electricity at a discount for electric vehicle charging. The result is that a Nissan Leaf, for example, is cheaper to operate in Hawaii than even a Prius.
It's unfortunate that journalists today refuse to write articles that don't criticize and find fault, no matter how minor the fault. And it is even more unfortunate that a group of Americans who think they are patriotic has become politically opposed to a technology that will weaken OPEC's stranglehold on Mideast politics and power. An America and Europe full of plug-in vehicles will rapidly diminish the power of OPEC.
> Only doomed to increase.
> My Volt has an 100K mile warrantee. Ever had to replace a transmission post-warrantee? Oh yeah - the Volt DOESN'T HAVE A TRANSMISSION! With rate batteries are improving, replacing a battery array in 8 years will probably be amazing!
> Batteries catching fire are greatly exaggerated (by fear-mongering conservatives) and incidents are all but gone. Tell me any other safety issues NOT present in ICE cars?
> First off - my Volt will dust every average car out there (it's called instant torque). Secondly, YouTube the clip of the Tesla S beating beating a BMW M5 from 0-100mph
> Read my post. Re-think that. As compared to what?
> My being an early adopter means getting huge lease incentives and tax incentives. When the REAL math is done, I'm getting a new - very high tech car for the price of a used Corolla.
> Please attempt to qualify this statement. I don't believe you can (or will).
If you take the EPA rating of the Leaf of 340Wh/mile and use the 12 cents/kWh then you'll pay $3,672 to drive the 90K miles; or about 4 cents/mile.
So, what you save over the 90K miles when you drive an EV instead of an average 23MPG car (at the current US average of $3.36/gallon) is about $13,000. That is a lot, I think you'll agree. Even driving the 50MPG Prius would cost you about $6,000 more than driving the Leaf; over 90K miles.
Another couple of points: if you live in a state that has SREC's on solar PV panels (including California), then you can probably get a very good deal on installing a system on the roof of your house - sometimes as low as $0 down, or $1,500 or $2,500 down gets you a large enough system to completely cover all of your electricity use including the EV for 30-70% *less* than you are currently paying.
In other words, you use a small portion of the saving from driving an EV toward lowering the cost of all your electricity - and essentially drive for "free".
The last important point about costs: ALL of the money you pay for electricity stays in your local economy; and none of it goes to a foreign country. We don't need a military to defend our supply of electricity; and since EV's are 2-3X more efficient than ICE's and electricity can come from several different renewable sources which will be here as long as the earth and sun exist(!), driving an EV will do little or no damage to the climate we all depend on to live.
Sincerely, Neil
How much would it cost to replace the ICE and/or the transmission in a conventional car? These are wear items that an EV doesn't have. What about the cooling system or the exhaust system? These are also not needed items on an EV that could potentially cost a lot of money to replace.
Neil
If all this were factored into the cost of a gallon of gas , the cost would be exponentially higher than the absurd cost that it is now and electric would not look at costly as it does now.
At a minimum , there s/b a carbon tax assessed to attempt to mitigate all these costs to the use of petroleum.
"If they were in Hawaii, where electricity is nearly 30 cents per kWh, it would be a much more expensive drive." Likely one of the reasons why solar is more popular in Hawaii. And another incentive to drive on sunbeams instead of enriching OPEC.
http://www.cardealexpert.com/news-information/auto-news/workplace-charging-challenge/ to know more about the article and to buy used car that you love.
Never!
Ethanol has been falsely vilified by powerful oil and auto lobbies. By forcing corn as the only (& worst) acceptable source, the government has assured the lobbyists that ethanol production will continue to be seen as evil. Especially by spread the "no food for gas" meme to keep the people frightened.
Brazil has been running E85 for decades, produced from indigenous sugar cane. They don't import foreign oil.
So Detroit can't deny the technology it sent to Brazil long ago.
It's all about votes and secured re-elections.
And when batteries do go bad, what about the disposal/recycle aspect. Battery palnts around the world are notorious for chemical spills and water pollution.
The same cannot be said about ethanol production. Plus the miniscule emmisions make ethanol cleaner, all around than electricity. (Think coal fired plants belching out carbon so you can drive electrically.)
Guess what happens in an ethanol spill...you simply wait for it to evaporate.
Of course, ethanol-fired power plants would be a great solution.
Don_ca - most people will plug in at night, when they are home. Not during the middle of the day. You also have a high proportion of EV owners with solar, meaning no drain on the grid.
- The guy who is fanatic about tracking information charges his car at his restaurant - so his customers are paying for his electric fuel.
- The couple who gets 100-miles to a $1.00 worth of electricity fudges the number by the man charging his car at hs office - which means that the company who he works for pays for that, which means their customers are paying for his fuel.
- When the electricity costs are averaged out across the country the article says that the "costs" per mile are nearly identical to that of a internal combustion engine getting 36 miles to the gallon. Which is the case for a full and mid-size car and not one of these smaller near compact size electric vehicles.
- The initial cost of the electric is 15% - 25% more for the electric vehicle and that is again for a smaller car than the average sized purchased. and that is only because of a Government (Taxpayer paid) subsidy.
- The cost of repair and maintenance on the electrics is near double, and that is not figuring in a new set of batteries because the life expectancy is currently only 5-7 years at best. The new batteries will cost about the same as a internal combustion engine total rebuild.
- And if you really want to "save money" on charging one needs to get someone else to pay for it or set your alarm for 2:00 am and get up to plug the car in.
So remind me again - Where are the "savings" ?
Several times a year up here in the Cleveland area, I read about communities without power for several days due to storms. My gas tank holds 14 gallons, enough to last me a week or two. A 100 mile range electric car will get me to work twice at most. Then what? Vacation?
The second is the displaced cost of charging up at work. Who is paying for that? Is the individual paying for that or is the consumer? It seems to me that as these vehicles become more common, individuals will have to pay at the pump just as anyone else and that cost will probably be higher.
With cycling, a battery may only be good for a few hundred cycles and cost >$10,000 to replace. Some batteries cost $17,000 and have to be replaced every 3–7 years. Furthermore, batteries suffer faster degradation in hot climates and suffer poor performance in cold climates, not to mention using precious battery power to heat the passenger compartment.
In addition, you need to include the charging time in this calculation. I can fill a car in just a few minutes and batteries take hours and hours. Rapid charging, for the impatient, kills batteries, shortening their lives.
Electric cars have been around since 1905 and they are no more efficient or practical than they were then and, oh, they got the exact same mileage then as now. That's really not progress. Electric cars have a very small useful market and are generally just too expensive and limiting for the vast majority of people.
Lastly, batteries will never achieve the energy density of gasoline or diesel. This is a reality, not a prediction. Lithium batteries already use the lightest and smallest atoms in the universe that can form a battery.
ANd, as mentioned by others here, the resale value really stinks for these cars. Welcome to the world of disposable cars. One calculation indicated that you would have to own and drive an electric car for over 60 years to end up saving any money.