Filling up your car is going to cost you Money One Way or Another. For an Electric Vehicle, Like A Tesla, You Need To Find A Charging Station to Give You Battery The Juice It Needs To Operate. For other cards, like the Honda Civic, the Price of Gas Can Be Fairly High if you are Planning on Getting A Full Tank at the Pump.
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So let’s from The Math: Read Below to Find Out What It currently Costs to Charge to Tesla Each Month Compred to the Price of Gas for the Honda Civic in the Same Month.
National Fuel Math
Joseph Nagle, Head of Corporate Strategy at ElectricBroke Down This question in a few ways, Looking at Monthly Fuel Costs, Which Will Vary on State, Analyzing National Costs versus Two of the Larger Electric Vehicles (EVs) States That Also have a fairly wide variance electricity electricity and gas.
Nagle Outline An Example Based on 1.000 Miles Driven Each Month, With Tesla Model 3 Efficiency Clocking in at AT Approximately 4 Miles Per KWh and Honda Civic Coming to 33 MPG Combined. WHEN IT COMES TO National Averages, Nagle Listed the Cost of Electricity at 15 Cents Per KWh While Came to About $ 3.75 per gallon.
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Looking at Annual Costs, Tesla Model 3’s Calculation is $ 37.50 per month (250 kWh x 15 cents), Equaling $ 450 Yearly and the Honda Civic Calculation Looks Like $ 113.63 per month (30.3 gal x 3.75), Equaling $ 1,363.56 Yearly. This means that across the country, the savings go to tesla At $ 76.13 A month, Which Equals $ 913.56 per year.
STATE FUEL MATH
TO FURTHER ILLUSTRATE THE COST COMPARISON BETWEEN The Tesla and Honda Civic, Nagle Analyzed Two States: California, Which has a high-cost market for transportation and flower’s low-cost region for fuel.
In California, Electricity Costs on Averag 33 CENT PER KWh and Gasoline is $ 4.78 per gallon. Annual Examining Vehicle Costs in the State, The Tesla Model 3’s Bill Comes Oct to $ 82.50 per month (250 kWh x 33 cents), Equaling $ 990 to Year, While the Honda Civic is $ 144.08 per month (30.3 gal x $ 4.78), Equaling $ 1,728.96 to Year. This means the tesla has a savings of $ 61.58 a month or $ 738.96 per year.
Florida, on the other hand, has averagos costs of 16 cents per kWh for electrics and $ 3.08 per gallon for gasoline. FACTORING THE YEARLY VHICE COSTS IN FLORIDA WOULD HAVE A TESLA MODEL 3 AMOUNTING TO $ 480 A YEAR BASED ON $ 40 PER MONT (250 KWH X 16 CENTS) AND HONDA CIVIC AT $ 1.19.84 A YEAR END $ 93.32 PER MONT (30.3 GAL X $ 3.08). Again, The Tesla Wins with $ 53.32 per month, Adding up to $ 639.84 to Year.
Where do The Numbers Land?
In Every Scenario-National Averag, California’s High-Cost Market and Florida’s Lower-Cost Region-Nagle Had Some Insights to Share. “The Tesla Model 3 Substantially Outperforms The Honda Civic in Terms of Fueling Costs. Even with California’s Significant Higher Electricity Prices, Tesla Remains The Cheaper Choice Monthly and Annually,” Nagle Said.
“This Highlights a Key Advantage of EV OWNERSHIP: Regardless of Location, Driving Electric Consistency Costs Significantly Less Than Fueling a Gasoline-Powered Vehicle, ”He added.
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This article originally appeared on GOBANKINGGRATES.com: Here’s what it costs to carto to tesla monthly vs. Using gas for the Honda Civic
