You may not spend as much money at the gas pump, but wouldn't the electricity bill go through the roof?
Your energy bill will be less overall by driving with electricity. EVs are so efficient that the cost per mile driven is significantly less. Electric "fuel" costs are low – about 4 to 8 cents/mile for electricity OR LESS!*
For instance, if you travel 25 miles on 5kWh of electric power – it would cost you average 40 cents to cover the same distance (@ 8 cents/kWh) that it takes a gallon of gasoline at $2 and $3 a gallon a current (2007) prices.
Studies indicate that over 90% of daily driving is well under 100 miles. Some power companies will give EV owners special low rates for nighttime (off peak) charging.
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