Quote:
Originally Posted by Mr. iNCREDIBLE
if anyone is interested:
I have 2 neighbors, one with a Leaf and one with a Volt.
both had the electric company (southern california edison out here) install a vehicle specific meter on their homes, this keeps the cost of charging locked at the teir 1 price of $0.13/KWh where homes can jump tiers as usage goes up, from $0.13 to $1.39 /KWh (again this is Socal).
Both guys drive <10 miles one way to work, so not more than 20 miles a day, and they full charge every night, I've seen the vehicle only charge electric bill and they are both around $25/ month for roughly 500 miles a month..
The volt owner made a comment a few weeks ago that he still has the original gas in the car that the dealer put in when he bought it 7 months ago, he was trying to figure out a way to get it out of the car for his lawn mower....
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Perfect - real data to play with! So lets compare - this is best case for electric - short trips, cheap electricity. The Volt costs over $40,000 and uses about $25 for 500 miles each month.
My 1LT Camaro cost $24,000 out the door. I get a little over 24 miles per gallon, so at $4.00 per gallon of gas if costs me about $83 in gas for that same 500 miles (500/24 x $4.00). So the savings per month driving the Volt is $83 - $25 = $58.
Therefore, at $58 per month savings, it will take the Volt owner over 22 years to make up the $16,000 price difference between the Volt and my V6 Camaro (16,000 / 58 = 275.86 months; 275.86/12 = 22.98 years).
Imagine how much worse these numbers would look if compared against a Cruze that you buy for about $18,000 and gets better mileage in the high 30 mpg range (let's pick 38MPG). Cruze cost to go 500 miles is $53(500/38 x $4.00). Volt cost savings over Cruze is $28. Price difference is $40,000 - $18,000 = $22,000. Years for the Volt owner to break even is 22,000/28/12= 65 years.