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Tag Archives: Electric Vehicles

Cost of Operating Electric Vehicles Is Going Up

For the Q4 2022, as reported by Anderson Economic Group, drivers of a typical mid-priced electric vehicle paid between 31 cents to 3 dollars more for electricity to drive 100 miles than drivers of a typical mid-priced internal combustion engine vehicle paid for fuel to drive the same distance.  Electric car owners who charged their vehicles at home paid 31 cents more, while those charging at the commercial stations paid up to $3 more to drive 100 miles. These are national averages, so chances are if you own an electric vehicle in Walnut Creek, you are paying less than owners of gasoline powered cars. But that’s not because you costs are lower – we all see our electric bills – but rather because gasoline is much more expensive in California than in other parts of the country. It is somewhat disconcerting, though, to see cost of operating electric vehicles going up. Inflation takes a bit out of everyone. What concerns us even more is that as electric vehicles bec ... read more