Realistically, how much does it increase your home electricity bill charging it? Is there enough of a drastic offset, even before the explosion in gas prices, or could it be considered roughly the same price?
How many km do you drive in a day? If you drive less than 50 km/day, I doubt you can reach $100/month no matter where you live. $50/month is very realistic. Electricity costs less than gasoline, distance-wise, almost everywhere.
It’s the cost of running a clothes dryer overnight, but only if your charge is actually empty. Few people use their entire battery each day.
You’ll have to look to your specific location and driving behavior, plus the specific statistics for your own vehicle.
But using US national averages of 14,000 miles (22,500 km) driven per year, $0.18 per kWh of electricity, and 30 kWh per 100 miles (112 MPGe or 3.33 miles per kWh): thats about $63 per month in electricity costs.
Using national average car fuel economy of 26 miles per gallon (9 liters per 100km), and an average price of $4/gallon, that same 14,000 miles per year would be a gasoline cost of about $180/month.
Not the OP, but I can share my experience after having solar for about four years.
I have a 33-panel system that cost around $28k after tax credits and rebates. I financed it for 12 years at 4%.
Before solar, my electric bill was around $260/month, and my solar loan payment ended up being about the same. The difference is that electricity rates have gone up over the last four years while my loan payment has stayed the same. During that time, I haven’t paid for electricity consumed, but I do still pay monthly grid fees and service charges, which are around $6/month.
My utility doesn’t pay for excess generation, but they credit the electricity I put back onto the grid against my usage. I have an EV that is driven about 20 miles a day, plus normal household electricity (AC, range+oven, etc). Charging at home every night only added about $10/month to my electric bill.
So for me, solar has been a good investment. New installations won’t have the same tax incentives that I had, but depending financing and local utility generation policies, solar could still be break-even or better for some.
The panels were the least expensive part tbh. My area is sunny much of the year but we have had several power outages in winter and what I was originally seeking was redundancy, so I overspec’d the battery (the largest cost.) I also got a larger inverter than I strictly needed. So, if my goal was purely economic I could have reduced the spend by more than half. But for transparency 16kw of solar panels + 20kw inverter + 60kwh of batteries+ labor ran about €30k. This buys me assurance of being able to withstand significant outages to the grid any time of year. Since early June when the installation completed we’ve been totally off-grid. Ironically it has made me way more stingy with limiting my energy waste having a more detailed awareness of the impact various activities and appliances use. Ive got things automated so that it charges the car only during peaks when we have abundant excess production.
My advice would be to find a way to track your power usage. If you can monitor and graph it then you’ll notice things like running the dishwasher takes close to 1kw. The more you know about your use the better you can determine how much solar you need to offset it, and also (the expensive part)'how much battery storage matters for you (for example overnight load.)
I drive my EV ~20 miles each day and charge at home overnight. It added roughly $10 to my monthly utility bill, but electricity cost in my area is lower than the national average. Overall, even with today’s higher electricity costs, charging an EV at home is still likely to cost less than paying for gas for equivalent miles driven. That said, those savings will probably not offset the cost of purchasing a new EV.
I know a few EV owners that aren’t able to charge at home, so they have to pay to use Tesla superchargers or other 3rd party charging stations; in those cases, they are paying a little less than they would for gas for equivalent miles driven, but it is much more expensive than charging at home.
It’s much cheaper than gas in my area. I installed a hybrid heat pump water heater the same month I got my ev and the difference in electric canceled each other out (except now I don’t pay for gas either so saving money overall).
I calculated based on my energy costs what it would take to drive a Mach E… and I would spend $USD 100 / month. The same monthly driving average with my current car (a Subaru) is $USD 600 / month, including the monthly oil change (yes, I drive a lot, and no I take it to a local mechanic that’s a lot cheaper than a dealership).
Realistically, how much does it increase your home electricity bill charging it? Is there enough of a drastic offset, even before the explosion in gas prices, or could it be considered roughly the same price?
How many km do you drive in a day? If you drive less than 50 km/day, I doubt you can reach $100/month no matter where you live. $50/month is very realistic. Electricity costs less than gasoline, distance-wise, almost everywhere.
It’s the cost of running a clothes dryer overnight, but only if your charge is actually empty. Few people use their entire battery each day.
200km/day ± 100
Because Murica, and where I live it’s a long drive to anywhere. Just getting groceries means going to the next town over.
You’re exactly why that grocery stor should have a charging station. Charging while doing errands is where EVs outshine gas cars.
You’ll have to look to your specific location and driving behavior, plus the specific statistics for your own vehicle.
But using US national averages of 14,000 miles (22,500 km) driven per year, $0.18 per kWh of electricity, and 30 kWh per 100 miles (112 MPGe or 3.33 miles per kWh): thats about $63 per month in electricity costs.
Using national average car fuel economy of 26 miles per gallon (9 liters per 100km), and an average price of $4/gallon, that same 14,000 miles per year would be a gasoline cost of about $180/month.
Filled my roof with solar panels this spring and now my car is effectively solar powered…
What was the cost of the panels, if you don’t mind me asking
Not the OP, but I can share my experience after having solar for about four years.
I have a 33-panel system that cost around $28k after tax credits and rebates. I financed it for 12 years at 4%.
Before solar, my electric bill was around $260/month, and my solar loan payment ended up being about the same. The difference is that electricity rates have gone up over the last four years while my loan payment has stayed the same. During that time, I haven’t paid for electricity consumed, but I do still pay monthly grid fees and service charges, which are around $6/month.
My utility doesn’t pay for excess generation, but they credit the electricity I put back onto the grid against my usage. I have an EV that is driven about 20 miles a day, plus normal household electricity (AC, range+oven, etc). Charging at home every night only added about $10/month to my electric bill.
So for me, solar has been a good investment. New installations won’t have the same tax incentives that I had, but depending financing and local utility generation policies, solar could still be break-even or better for some.
The panels were the least expensive part tbh. My area is sunny much of the year but we have had several power outages in winter and what I was originally seeking was redundancy, so I overspec’d the battery (the largest cost.) I also got a larger inverter than I strictly needed. So, if my goal was purely economic I could have reduced the spend by more than half. But for transparency 16kw of solar panels + 20kw inverter + 60kwh of batteries+ labor ran about €30k. This buys me assurance of being able to withstand significant outages to the grid any time of year. Since early June when the installation completed we’ve been totally off-grid. Ironically it has made me way more stingy with limiting my energy waste having a more detailed awareness of the impact various activities and appliances use. Ive got things automated so that it charges the car only during peaks when we have abundant excess production.
My advice would be to find a way to track your power usage. If you can monitor and graph it then you’ll notice things like running the dishwasher takes close to 1kw. The more you know about your use the better you can determine how much solar you need to offset it, and also (the expensive part)'how much battery storage matters for you (for example overnight load.)
I drive my EV ~20 miles each day and charge at home overnight. It added roughly $10 to my monthly utility bill, but electricity cost in my area is lower than the national average. Overall, even with today’s higher electricity costs, charging an EV at home is still likely to cost less than paying for gas for equivalent miles driven. That said, those savings will probably not offset the cost of purchasing a new EV.
I know a few EV owners that aren’t able to charge at home, so they have to pay to use Tesla superchargers or other 3rd party charging stations; in those cases, they are paying a little less than they would for gas for equivalent miles driven, but it is much more expensive than charging at home.
It’s much cheaper than gas in my area. I installed a hybrid heat pump water heater the same month I got my ev and the difference in electric canceled each other out (except now I don’t pay for gas either so saving money overall).
it’s increased my bill by ~$48 a month, give or take a few bucks either way.
for that, I’ve stopped gassing up completely, so I’m saving at least $150+ a month on fuel, probably more considering gas has gotten more expensive.
I calculated based on my energy costs what it would take to drive a Mach E… and I would spend $USD 100 / month. The same monthly driving average with my current car (a Subaru) is $USD 600 / month, including the monthly oil change (yes, I drive a lot, and no I take it to a local mechanic that’s a lot cheaper than a dealership).
That’s literally a car payment in savings.