Which Fuel Bill Would You Rather Have?

Posted: October 1, 2019, 2:14 pm

The average American drives about 15,000 miles a year. An automobile that gets 24 mpg has an estimated annual gas bill around $2,187.

Driving an electric vehicle for 15,000 miles with electricity from Peninsula Light costs around $381.

Electric vs gasoline price comparison

This chart is based on a comparison between a 24 mpg gasoline-powered car and the average kilowatt-hour per mile of the top five selling electric vehicles in 2015 in the U.S. (Source: U.S. Department of Energy). The gasoline price is based on an approximate local average gasoline price of $3.50 per gallon and an annual driving estimate of 15,000 miles. The electricity rate is based on Peninsula Light’s residential rate of $0.078/kWh.

*This is only an estimate. Actual fuel savings vary based on a variety of factors, such as equipment type, driving conditions, driving habits, weather conditions and changing oil prices. This calculator should only be used to gain a general understanding of fuel saving scenarios. Consult EV manufacturers and the U.S. Department of Energy website for additional information.

Want to Learn More About Electric Vehicles?

Visit penlight.chooseev.com

ChooseEV Website Tool

Did you know PenLight recently launched a ChooseEV section on PenLight.org? This is an easy-to-use tool to research all aspects of EVs, right at your fingertips.

EV Facts

This section breaks down the various types of EVs: Battery electric vehicles, plug-in hybrid electric vehicles and hybrid electric vehicles. It also explains vehicle range, charging options, battery information, emissions and en-ergy efficiency, operating and maintenance requirements.

Savings

The Savings section is a built-in calculator tool to help you understand your savings potential. It features pre-set val-ues that approximate today’s electricity and gasoline rates. You can customize the inputs to see what kind of benefits you might get when you switch from a gasoline-powered car to an EV. It also includes a comparison feature to visu-ally demonstrate how many miles your current gasoline vehicle gets versus what an EV would.

CO2 Reduction

This section allows you to compare your current gas vehi-cle’s CO2 emissions, and shows how an EV could reduce it over a year of driving. The tool allows you to select make, model and years of different gas vehicles and EVs.

EV Models

This section provides basic information about EV models to help you understand the various performance attributes to consider when making a purchase. You can search by manufacturer, price range, charge time and efficiency to make EV research easy.

Tax Credit

The Tax Credit section features the current federal tax credits and Washington state sales tax exemption information, making it simple to check for updates during your EV research.

Charger Finder

The Charging Station Finder section is a map that helps find charging stations near you. Input your zip code, type of fuel and other filters to quickly view all stations within the designated area. You can even map a route to ensure you can plan for charging stations along your trip.