WATCHING THE BOTTOM LINE
The costs of electricity, gasoline, diesel and other fuels – and the vehicles themselves – are all part of the equation when it comes to people deciding what kind of vehicle to buy.
The Alternative Fuels Data Center reports that if electricity costs 11 cents per kilowatt hour (kWh) and the vehicle consumes 34 kWh to travel 100 miles, the cost per mile is about 4 cents. At that cost for electricity, an all-electric vehicle with a range of 70 miles will cost about $2.64 to fully recharge. “This is about the same as operating an average central air conditioner for about 6 hours,” the federal center estimated.
Electric rates for most PG&E residential customers in the Valley, however, are higher – about 28 cents per kWh. At that rate, a full charge on a vehicle with a 70-mile range costs about $6.72, or just under 10 cents per mile. In the meantime, the current average price for regular unleaded gasoline in Fresno is about $3.60 per gallon. Just how that stacks up to an electric vehicle will depend on the energy efficiency of your vehicle, but if you get 30 miles per gallon, that works out to a fuel cost of 12 cents per mile.
Both the state and federal governments, as well as utilities and local air pollution agencies, offer incentives – tax credits or rebates – for customers who buy plug-in hybrid or other zero-emission vehicles, according to the