Motorists can save as much as $14,500 on fuel costs over 15 years by driving an electric vehicle (EV) instead of a similar one fueled by gasoline, according to a new analysis conducted by researchers at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) and Idaho National Laboratory (INL).
Previous studies assumed a singular value for the cost to charge an EV, but this new work provides an unprecedented state-level assessment of the cost of EV charging that considers when, where and how a vehicle is charged, and considers thousands of electricity retail tariffs and real-world charging equipment and installation costs. The cost of charging is compared against the price of gasoline to estimate total fuel cost savings over a vehicle’s lifetime.
“Finding out the purchase price of a vehicle is relatively simple, but the savings related to fuel aren’t readily available, especially since electricity cost varies greatly for different locations and charging options,” says Matteo Muratori, a senior systems engineer at NREL and co-author of the article, “Levelized Cost of Charging Electric Vehicles in the United States.”
Read the article at NGT News.
The post Electric Vehicles Save Motorists Thousands appeared first on Fleet Management Weekly.
from Fleet Management Weekly https://ift.tt/2BEB4La
Sourced by Quik DMV - CADMV fleet registration services. Renew your registration online in only 10 minutes. No DMV visits, no lines, no phone mazes, and no appointments needed. Visit Quik, Click, Pay & Print your registration from home or any local print shop.
0 comments:
Post a Comment