Electric Cars: Savings on Gas & Electric Bills?

In summary, there is a lot of discussion and debate about whether or not buying a hybrid car actually saves money in the long run. It ultimately depends on the type of driving you do - city driving with frequent stops and starts is more efficient with a hybrid, while long highway driving may be more cost-effective with a diesel or small hatchback that gets 50 mpg. The next generation of hybrid cars, including the Chevy Volt, may also be more cost-effective as they can be pre-charged from an outlet. However, the cost of running these cars will also depend on the cost of electricity and gasoline. Additionally, there are concerns about the lifespan and reliability of lithium ion batteries, which can be affected by temperature and charging habits. Ultimately, it
  • #1
Wax
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There's a lot of hype about saving money by buying a hybrid but what I want to know is if you save money in general and not just gas? I understand that you can get 100 or 200 extra miles per gallon but you still have to plug your hybrid into a power outlet. Are you saving money by paying more for your electric bill then using gas?
 
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  • #2
Generally a hybrid (at least the current generation) isn't a plugin - it uses the gasoline engine to charge it's batteries. The next generation (including the Volt) can also be pre-charged from an outlet. They both only have a limited range on battery (30-40mi).

How economic it is depends on your driving, if you do a lot of stop start in-town driving they are fantastic. Taxi drivers love them - the claims here are that they are spending $20/day on gas instead of $100.
If you do >50miles/day on freeways you are likely to do better with a diesel or any small hatchback that does 50mpg.

Once plugin electric vehicles become available it is likely that the cost of running them on off-peak electric will be much lower than gasoline (unless the tax man comes up with a 'solution')
 
  • #3
I think you missed my question. Let me try to rephrase it with an example. What I'm trying to figure out is if you are really saving money, not gas.


Lets try and use your example.
Lets say I spend 100$ on gas for a regular car and it gives me a total of 400 miles. If I decide to buy a hybrid, will i have to spend 20$ on gas and 80$ on electricity to get 400 miles?
 
  • #4
He did answer the question, it depends on what driving. Electricity is cheaper than petrol per mile, so you could potentially save money.

40 miles of stop start low speed city driving works perfectly with an electric motor as you never ue the engine.

Endless long range driving at motorway speeds and you'll be spending much more on fuel as you are using both the engine and the electric motor and would be better with a small diesel.

So in general yes a hybrid will save you money, but is it the best/cheapest option?

400 miles of town driving != 400 miles motorway driving.
 
  • #5
Ah.. nice nice.

Thanks.
 
  • #6
The average cost of electricity is $0.11 per kWh.

The Volt is expected to use 25 kilowatt hours per 100 m. This means that for the first 40 miles, it will use 10 kwh, which costs $1.1. So, your cost per mile is 2.75 cents per mile.

After that, you switch over to gasoline at 50 mpg. The cost of gaslone is...lets say. $4.60, so your cost per mile is then 9.2 cents per mile.

In other words, the first 40 miles are about 3 times cheaper than later miles. Only 3x?
 
  • #7
Rough figures, the chevy volt has a 16 kWh battery but apparently is only used 85%, so assuming the manufacturer's figures of 40mile/charge are correct - you are doing 40miles/9kWh = 4.5 miles / unit of electricity.
Depending on location and off-peak deals you are probably paying around 10c/unit for electricity - so if you can just use the plugin range it is very very cheap
 
  • #8
Do the Volt's batteries last longer when recharged more often for the same usage?
 
  • #9
junglebeast said:
The average cost of electricity is $0.11 per kWh.

The Volt is expected to use 25 kilowatt hours per 100 m.

This is surely the draw from the batteries. Converting the AC line to battery charge should lose 25% in converter and batteries. So the cost should be 3.66c per mile.

This means that for the first 40 miles, it will use 10 kwh, which costs $1.1. So, your cost per mile is 2.75 cents per mile.

After that, you switch over to gasoline at 50 mpg. The cost of gaslone is...lets say. $4.60, so your cost per mile is then 9.2 cents per mile.

In other words, the first 40 miles are about 3 times cheaper than later miles. Only 3x?

The volt will sell for $50K. Is this number correct? If my $5K scrapyard SUV gets 15 miles per gallon, what is the break even mileage? Shall we use $3 per gallon?
 
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50,000 = 5000 + 4.6/15*miles
miles = 146,739

So if you sold your SUV and bought a Volt, the break even point would be after you put 150k miles on your Volt.
 
  • #11
A few things to note, gasoline in the US is only about $2.5/gallon on average. Also, the Volt is extremely expensive (around $42,500 after government rebates) and the batteries only have a 10 year life span which works against people who would use the car in the ideal situation of short trips back and forth between work seeing as how the batteries are expensive. Other hybrid cars are pretty much cheaper in any case though. Even if you use the car almost exclusively for long cross country trips... they run on pretty efficient engines so that's good no matter what.
 
  • #12
That's another thing...I have a hard time trusting these lithium ion batteries. They never seem to work as advertised. A lithium ion battery loses charge faster when in warm weather (when not in use). If you ever stop charging a lithium battery before it is fully charged, it suffers permanent memory loss. If you ever let a lithium ion battery fall close to zero charge, it is permanently whacked.

When I had an IPod, that damn battery kept dying after about 25 minutes. I even got a replacement battery. My laptop which originally lasted 7.5 - 8 hours on a charge now only lasts about 2.5 hours -- and I am pretty anal retentive about good battery manage. Heck, I used to even store the battery in the freezer when not in use for long periods of time.

Oh and another thing...if the Volt runs on battery until the battery runs down, then you turn off the car before the batter can be recharged, you might have trouble turning it back on!
 
  • #13
junglebeast said:
Oh and another thing...if the Volt runs on battery until the battery runs down, then you turn off the car before the batter can be recharged, you might have trouble turning it back on!

From what I read, it charges to 85% and allows drainage until 30%. Then the engine takes over.
 
  • #14
Pengwuino said:
A few things to note, gasoline in the US is only about $2.5/gallon on average. Also, the Volt is extremely expensive (around $42,500 after government rebates) and the batteries only have a 10 year life span which works against people who would use the car in the ideal situation of short trips back and forth between work seeing as how the batteries are expensive. Other hybrid cars are pretty much cheaper in any case though. Even if you use the car almost exclusively for long cross country trips... they run on pretty efficient engines so that's good no matter what.

Battery life is tricky and dependent on battery technology, which is why I didn't bring it up. If you use very little off the top of the battery charge you get disproportionately more discharge cycles than if you take it down further. More simply, the deeper the discharge the less total energy output you get before the batteries die.
 
  • #15
Yes it sure is. Also, an article I read claimed that the engine would turn on if the batteries weren't at the proper temperature range. Considering the temperature dependent properties of batteries, is there going to be problems running this vehicle in the various climates you see around the US?
 
  • #16
Pengwuino said:
Yes it sure is. Also, an article I read claimed that the engine would turn on if the batteries weren't at the proper temperature range. Considering the temperature dependent properties of batteries, is there going to be problems running this vehicle in the various climates you see around the US?

Yeah. I have little doubt they are using anything other than Lithium Polymer batteries. There aren't any other battery techologies that can compete at this time. They can't run cold. Optimum is 50C internal temp(?). If they are too hot,usually through self heating to get this hot, they become dangerous. So hot weather is probably not a problem, but in the northern states in winter they won't do well. Actually, what's the problem? If you can run the engine and batteries in parallel, the high resistance of the cold batteries would let them heat up, but at a premium in heating current. ---Obviously I don't know enough to comment on temperature stuff, so nevermind, :blushing: but these sort of issues are what you should be looking for if you wish to investigage.
 
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  • #17
but in the northern states in winter they won't do well
IIRC They don't suffer damage in cold but don't work very well - specifically they can't efficiently be charged when cold so they have a heater system that keeps them above 0C while charging.

No the Volt isn't the ultimate perfect cheap electric car, this is from a company (and a country!) that can't make a small economical gas/diesel hatchback that can do 60mpg.
It's expensive and limited, it's going to be sold to people who would have bought a BMW but like the green image (plus a lot of taxi drivers) you will get your 100mi range cheap reliable PHEV from the Japanese (and Chinese) in a few years.
 
  • #18
mgb_phys said:
No the Volt isn't the ultimate perfect cheap electric car, this is from a company (and a country!) that can't make a small economical gas/diesel hatchback that can do 60mpg.
It's expensive and limited, it's going to be sold to people who would have bought a BMW but like the green image (plus a lot of taxi drivers) you will get your 100mi range cheap reliable PHEV from the Japanese (and Chinese) in a few years.

Yah it's definitely a PR stunt hoping to get a government push with the EPA rating. I'm just waiting for another company to come out and do it three times as well. I don't really get the taxi driver thing though considering the tremendous cost (and I don't see how the battery will help since they can't charge up during their work day).
 
  • #19
Pengwuino said:
I don't really get the taxi driver thing though considering the tremendous cost (and I don't see how the battery will help since they can't charge up during their work day).
It's a hybrid, the engine charges the battery on the longer stretches where you get above 20mph on the way to the airport or the suburbs.
The hour you are sitting in traffic or at walking pace in downtown is free. Conventional taxis probably get only half the makers 'city' mileage because of the stop -tart congested driving.

If you are doing 50-100,000 miles/year the capital cost of the car is irrelevant - reliability and fuel economy are all that matter, that's why most taxis in europe are E class mercedes.

If I were Toyota I would have made sure that the first years production of the Prius went to taxi drivers and tracked the repair/fault rate very carefully.
 
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Oh yah, I keep forgetting the Volt has regenerative braking too :smile:. It does make me wonder how much do the batteries cost? With a 10 year battery life on normal use, I would hope you arent replacing all those batteries every year or so.
 
  • #21
The real problem is that any financial gains for fuel are overwhelmed by the purchase price. The car cost GM something close to $35,000 to build. Who wants a $40,000 Corolla?

If instead one buys a fuel-efficient diesel that gets 50 mpg, for $25,000, and drives the car for 150,000 miles, the cost of fuel would be about $9000. So the combined price of the car and a lifetime fuel supply is less than just the purchase price of the Volt.

For the moment at least, the Volt is nothing more than a novelty.
 
  • #22
Does anyone know how much of the manufacturing cost are the batteries?
 
  • #23
Pengwuino said:
I don't really get the taxi driver thing though considering the tremendous cost (and I don't see how the battery will help since they can't charge up during their work day).
Note that the OP incorrectly differentiated between (or rather just mixed together) plug-ins, traditional hybrids and electric cars...

The taxi comment is only relevant to traditional hybrids, where all of the energy comes from gasoline. What the OP really wanted to know about was plug-in hybrids.
 
  • #24
In case you all missed the bad news about plug-in hybrids: You also have to add about $20K to the purchase price for the really long extension cord.
 
  • #25
Ivan Seeking said:
In case you all missed the bad news about plug-in hybrids: You also have to add about $20K to the purchase price for the really long extension cord.

INSPIRATION! Every car should have a giant retractable hook that we could hook on a huge citywide electrical grid like street cars!

Patent pending patent pending patent pending.
 
  • #26
Pengwuino said:
INSPIRATION! Every car should have a giant retractable hook that we could hook on a huge citywide electrical grid like street cars!

Patent pending patent pending patent pending.

I don't remember where, maybe just a sci fi movie, bur I saw mention of cars that pick up their energy from the road as they drive on it.
 
  • #27
TheStatutoryApe said:
I don't remember where, maybe just a sci fi movie, bur I saw mention of cars that pick up their energy from the road as they drive on it.

Eh, I designed that car in the ninth grade. You just make the tires [and body] into Van de Graaff generators.
 
  • #28
Ivan Seeking said:
In case you all missed the bad news about plug-in hybrids: You also have to add about $20K to the purchase price for the really long extension cord.

Plug-ins won't be very useful until all the companies trying to design them decide to play nicely with each other and come up with a common plug style so it's economical for place to install plug-in stations in parking lots (I could easily see it being the next generation of parking meters...plug your car in, swipe a credit card, and pay for what you use of the electric).

Right now, though, I think these cars have more limitations than value. It's just another high-priced status symbol. I guess it's better than people using gas-guzzling SUVs as status symbols, but they still aren't really practical or cost-effective. The other issue I still have is acceleration on these vehicles too. One of my coworkers has a Prius, and we had to travel out of town so took that. On the way back, she was tired and let me drive it. It has NO acceleration. I was afraid we were going to get squashed trying to merge into highway traffic because I had the pedal to the floor and it was still just slowly puttering up to speed. I want to be at highway speeds by the time I hit the end of the on ramp so I can smoothly slip in with the flow of traffic. I can also see that bad acceleration contributing to clogging up traffic even more as people have to slow for something and then take longer to get back to speed again.

They also need to work on the design of the interior compartment of the car. The steering wheel was way too tiny...it wasn't comfortable at all to drive. Too much of the useful dashboard space was taken up with the electronic gadget that shows you your fuel mileage on a chart continuously updating...but only in 25 mpg increments, which is so imprecise as to lack any value...when people tell you they get 50 mpg in those cars, it's probably that they get something over 25 mpg and that's what the dashboard computer tells them they get. The speedometer was up high and forward and not in a convenient place to look for it. I had a tough time knowing what speed I was going having to find the speedometer every time (unlike with a purely gasoline engine car, nothing about the feel of the engine or car gave any sensation that helped gauge speed...it felt the same going 20 mph as 60 mph, so you HAVE to spend more time looking at the speedometer to know your speed, which seems like a safety flaw). I asked my coworker how it handles in the snow we get, and her response was, "We drive the Subaru in snow." Note that you HAVE to put snow tires on it to even hope to stay on the road in winter, not all-weather tires. I wasn't sure I'd stay on the road in slightly breezy conditions; the car is so light, it definitely drifts with wind. I guess on the plus side, like the original VW bug, if you get stuck with it, it's easy enough to push it (assuming you can put it in neutral if the engine quits...it had a weird shift lever).

On the hopeful side, if people buy them as a novelty or status symbol or because they're gullible enough to think there's a benefit to the purchase, at least the revenue from those early sales should help fund more developments to improve them to something more useful.

The cost of the batteries is going to be a big issue as the cars age too, making them less valuable on the resale market. It's not particularly "green" to start having a lot of 10 year old cars piling up in junk yards if it's cheaper to buy a new car than buy a used car that needs to have expensive batteries replaced.
 
  • #29
Pengwuino said:
INSPIRATION! Every car should have a giant retractable hook that we could hook on a huge citywide electrical grid like street cars!

Patent pending patent pending patent pending.
And with 1.21 JIGAWATTS! what then?
 
  • #30
Combined with the other thread about it being safe to blast gigawatts of power from space and you have this

dodgem01.jpg
dodgems02.jpg
 
  • #31
mgb_phys said:
Conventional taxis probably get only half the makers 'city' mileage because of the stop -tart congested driving.

Tart-congested driving? I bet that depends on the exact neighborhood they go to. :devil:
 
  • #32
I have a Honda Civic Hybrid. There is no plugging in, the battery is charged from the heat of braking. It cost me $3000 more than a similar Civic without hybrid. I doubt that I will recoup the $3000 over the life of the car. As I bought it used, I did not get the govt rebate. I don't know whether the cradle to grave energy usage for the hybrid is more or less than the non-hybrid Civic. I get 43 mpg overall, and I drive mostly on highways. When I stop at a light, the engine turns off. This should be a big advantage for city driving, but I don't much of that. As I understand it, turning off a non-hybrid is a bad idea because it costs more energy to restart it than you save by turning it off.
 
  • #33
jimmysnyder said:
When I stop at a light, the engine turns off. This should be a big advantage for city driving,
VW claim that 25% of city driving in Europe is spent stopped and idling.
As I understand it, turning off a non-hybrid is a bad idea because it costs more energy to restart it than you save by turning it off.
It depends on the engine. A bigger problem is the start motor overheating they are only rated for turning the engine over a few times/day - not every few minutes for an hour.

VW had a system on the Golf (at least in Europe) that used a flywheel to restart the engine in traffic. For various reasons it is only practical on diesels.

The next Masda 3 is going to have a system that can restart a gasoline engine just using combustion. It stops the engine at a particular point in the stroke and then uses a pressurised fuel injector (like on a diesel) to restart the engine without any external power.
 
  • #34
Pengwuino said:
From what I read, it charges to 85% and allows drainage until 30%. Then the engine takes over.
Wouldn't that cause a "battery memory" problem (at the 30% mark)?
 
  • #35
EnumaElish said:
Wouldn't that cause a "battery memory" problem (at the 30% mark)?
Memory effect is only a problem for NiCd.

Li-polymor are very fussy about the last 10% of charge to full, I'm guessing the volt decided it was easier to play safe and only charge to 85% than risk shortening the battery life.

Discharging fully under load is also bad for Li-Poly but leaving 30% capacity seems a bit pessimistic. It may be that this is to ensure there is enough power available to cold-crank the ICE - assuming the Volt doesn't have a lead acid battery as well.
 
<h2> How much money can I save on gas with an electric car?</h2><p>The amount of money you can save on gas with an electric car varies depending on several factors, such as the cost of electricity in your area, the efficiency of your electric car, and your driving habits. However, on average, electric cars can save you around $1,000 per year on gas compared to a traditional gasoline car.</p><h2> Are electric cars more expensive to maintain?</h2><p>Electric cars have fewer moving parts than gasoline cars, which means they require less maintenance. This can result in lower maintenance costs for electric cars in the long run. Additionally, some states offer tax incentives for purchasing an electric car, which can help offset the initial cost.</p><h2> Can I charge an electric car at home?</h2><p>Yes, most electric cars can be charged at home using a standard 120-volt outlet. However, it may take longer to fully charge your car compared to using a 240-volt outlet. It is recommended to install a dedicated 240-volt outlet for faster charging at home.</p><h2> How much does it cost to charge an electric car at home?</h2><p>The cost of charging an electric car at home depends on the cost of electricity in your area and the size of your car's battery. On average, it can cost anywhere from $0.10 to $0.20 per kWh to charge an electric car at home. This means it can cost around $6 to fully charge a car with a 30 kWh battery.</p><h2> Are there any other savings associated with owning an electric car?</h2><p>In addition to saving on gas and potentially on maintenance costs, there are other potential savings associated with owning an electric car. Many states offer tax incentives for purchasing an electric car, and some utility companies offer discounted electricity rates for electric car owners. Additionally, electric cars are exempt from emissions testing and may qualify for carpool lane access in some areas.</p>

FAQ: Electric Cars: Savings on Gas & Electric Bills?

How much money can I save on gas with an electric car?

The amount of money you can save on gas with an electric car varies depending on several factors, such as the cost of electricity in your area, the efficiency of your electric car, and your driving habits. However, on average, electric cars can save you around $1,000 per year on gas compared to a traditional gasoline car.

Are electric cars more expensive to maintain?

Electric cars have fewer moving parts than gasoline cars, which means they require less maintenance. This can result in lower maintenance costs for electric cars in the long run. Additionally, some states offer tax incentives for purchasing an electric car, which can help offset the initial cost.

Can I charge an electric car at home?

Yes, most electric cars can be charged at home using a standard 120-volt outlet. However, it may take longer to fully charge your car compared to using a 240-volt outlet. It is recommended to install a dedicated 240-volt outlet for faster charging at home.

How much does it cost to charge an electric car at home?

The cost of charging an electric car at home depends on the cost of electricity in your area and the size of your car's battery. On average, it can cost anywhere from $0.10 to $0.20 per kWh to charge an electric car at home. This means it can cost around $6 to fully charge a car with a 30 kWh battery.

Are there any other savings associated with owning an electric car?

In addition to saving on gas and potentially on maintenance costs, there are other potential savings associated with owning an electric car. Many states offer tax incentives for purchasing an electric car, and some utility companies offer discounted electricity rates for electric car owners. Additionally, electric cars are exempt from emissions testing and may qualify for carpool lane access in some areas.

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