Lowering Your EV Charging Costs | Mercedes, TX
Like it or not, electric vehicles are our future. There will come a day when automakers are only selling EVs in an effort to combat the growing climate crisis. In fact, EVs have been so popular over the last two decades that even drivers shopping on a budget for used vehicles are beginning to see an increasing number of electrified options on lots like ours at Bert Ogden Auto Outlet in Mercedes, Texas.
Even if you can score an awesome used electric car at a great low price, you still have to worry about how you will pay to charge the EV, including installing charging infrastructure.
Wondering if you can afford going electric? We broke down the costs:
What It Costs To Charge An Electric Vehicle
Getting an in-home charging station for your EV would be priority number one. Unfortunately, the price range for this is quite wide. U.S. News & World Report says prices can range from $300 to $1,000.
If you can find the funds for the install, you definitely should.
Why? Because you will rake in the savings after that initial investment. U.S. News reports that charging an EV, on average, costs about $0.04 a mile. We definitely pay more than that for gas-powered cars and SUVs. For example, consider a traditional gas-powered crossover that yields 30 miles per gallon in a world where gas prices are approximately $3. That comes out to $0.10 a mile, more than double what you’d pay per mile for your EV. Over 100,000 miles, you’d save $6,000.
Saving On Electric Costs
You can further improve your savings charging an EV by:
- Charging at the right time. The price of electricity fluctuates and is most expensive when everyone wants it (i.e., the evening). Instead, charge overnight for lower prices.
- Taking advantage of free charging. Patronize restaurants and grocery stores that offer free wireless charging to EVs.
Check out the pre-owned electric vehicles at Bert Ogden Auto Outlet in Mercedes, Texas.
