USDOE eGallon Offers Comparative EV Driving Cost

June 27, 2013 · Print This Article

The US office of Energy has introduced a new website to help consumers compare the driving cost for an electric vehicle (or hybrid in electric mode) versus a conventional gasoline vehicle. “The eGallon represents the cost of driving an electric vehicle (EV) the same distance a gasoline-powered vehicle could travel on one (1) gallon of gasoline.”

In addition to offering a significant savings on a per-mile basis, electricity prices are plus more stable

by date compared to gas prices, which can fluctuate wildly on a week-to-week basis. The cost to operate an electric vehicle is much more manageable when the price is less susceptible to global market variability.

The DOE has plus released its eGallon methodology showing how this figure is calculated. They plus point out that in many markets, off-peak charging is available, which makes electric driving even less expensive than the […]

[Source] Cynthia

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