What Do You Save With Electric Vehicles During High Gas Prices?

South Africa News News

What Do You Save With Electric Vehicles During High Gas Prices?
South Africa Latest News,South Africa Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

With high gas prices, what do you really save with an electric vehicle? Hint: It's not just dollars.

, I entered hypothetical numbers assuming 30 miles per day, 0.157 avg. cost per kilowatt hour, and gas costs of $4.50 per gallon. The savings were around $2000 per year. I can share my own household budget experience too. We currently have 3 cars in our household, and I commute about 35 miles one way for work. Before purchasing an EV in 2021, I budgeted around $600 per month for fuel costs. After that purchase, I slashed that budget to $300 month. I have not needed an oil change in over a year.

For me, savings are not just about “dollars and cents.” We also save our climate system. According to the National Oceanic and Atmospheric Administration , greenhouse gases continue to increase at a rapid pace. The NOAA Annual Greenhouse Gas Index is a low uncertainty metric that included high-quality global data. According to the NOAA, “The AGGI in 2021 was 1.49, which means that we’ve turned up the warming influence from greenhouse gases by 49% since 1990.

With two teenage kids, the savings from transitioning to EVs is like an investment in their future well-being on the habitable planet we know of.Module comes into view of the Moon before Astronatus Neil Armstrong and Edwin Aldrin Jr. leave in the Lunar Module, Eagle, to become the first men to walk on the Moon's surface. The 30th anniversary of the Apollo 11 Moon mission is celebrated July 20, 1999.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Dragon Prince Creators Hint At Franchise Future After The Show EndsThe Dragon Prince Creators Hint At Franchise Future After The Show EndsTheDragonPrince creators Aaron Ehasz and Justin Richmond reveal they have big ideas for Xadia as they discuss the future of the franchise after season 7.
Read more »

What Do You Save With Electric Vehicles During High Gas Prices?What Do You Save With Electric Vehicles During High Gas Prices?With high gas prices, what do you really save with an electric vehicle? Hint: It's not just dollars.
Read more »

The Other Electric Vehicle: E-Bikes Gain Ground for Americans Avoiding Gas CarsThe Other Electric Vehicle: E-Bikes Gain Ground for Americans Avoiding Gas CarsElectric cars weren’t the only thing to post record sales last year. A growing number of Americans are turning to electric bikes for at least some of their transportation needs.
Read more »

Manchin-Schumer bill has key weaknessManchin-Schumer bill has key weaknessIt relies on a non-existent electric vehicle supply chain.
Read more »

‘One Actionable Thing' That Can Save Prospective Homebuyers Up to $104,000 Over the Life of Their Mortgage‘One Actionable Thing' That Can Save Prospective Homebuyers Up to $104,000 Over the Life of Their MortgageAs today’s prospective home buyers confront high home prices and rising interest rates, there’s one thing they can do to save – raise their credit scores
Read more »

2023 VW ID.4 starting price drops to $38,790 with US production2023 VW ID.4 starting price drops to $38,790 with US productionA smaller battery and U.S. production has helped bring down the price of VW's electric crossover.
Read more »



Render Time: 2025-03-09 19:54:10