Electricity is cheaper than gasoline, so it costs less to fuel an EV than a gasoline powered car.
Or, you could consider installing a solar array to charge your EV, which could offset any charging costs, as well as granting you energy independence and eliminating any fossil fuel emissions.
Battery electric vehicles eliminate the need for oil changes, the most common type of maintenance performed on a gas-powered car. They also have fewer moving parts, which leads to less wear and tear on the vehicle, reducing maintenance costs and eliminating trips to the mechanic shop.
Gas-powered vehicles convert roughly 17 to 21 percent of the energy used into power. EVs are much more efficient, converting anywhere from 59 to 62 percent of the energy into power.
More efficient use of energy means more savings in your pocket.
The US Government, as well as some state governments, offer tax credits, rebates and incentives to help support the adoption and use of EVs. You can potentially save thousands of dollars by adopting an EV.
Interested to learn more about incentives click here.
*The average EV uses 30 kWh/100 miles. Cost estimate uses average gas price in Massachusetts as of June 2019 ($2.70/gallon) and 22.5 cents/kWh for electricity.
Now with Eversource you can make some money. If you own an electric car or a battery storage pack Eversource will pay you if you’ll enroll in the program. Eversource’s ConnectedSolutions Demand Response programs are designed to help you better manage your energy, by allowing “Eversource” to adjust the energy use on select devices in your home during times of peak demand.