The cost of light bill is it significantly higher for home charge
|Miles per month||1,250||1,250|
|'Fuel' Consumed||41.7 gallons||357 kWh|
|Cost of 'Fuel'||$175.94||$48.92|
|Gasoline bill drops by $175.94||Electric light bill rises by $48.92|
In my case, no. Replaced all lights in the house to LEDs and kids moved out of the house. Electric bill did not change with the car because of these other factors. Being retired, my mileage at 10,000 miles per year is below the average too.The cost of light bill is it significantly higher for home charge
Similar story here. When I was commuting 130 mi/day, my average electric bill rose about $20/month. Since COVID and retirement, our bills are far less than before buying the Bolt. LEDs, modern appliances, and no kids in the house helps keep the use low.In my case, no. Replaced all lights in the house to LEDs and kids moved out of the house. Electric bill did not change with the car because of these other factors. Being retired, my mileage at 10,000 miles per year is below the average too.
My Bolt replaced around town trips in my 2010 Honda Ridgeline that struggled to get 13 MPG around town.Have a gasoline vehicle getting 30 mpg
My calculations are similar. Cost of gas is higher ($4.72 at Sam's cllub), and electricity is lower (about $.11 per kwh - but increasing lately). My estimated cost of equivalent gas is about $25 per month. However, when I plug in at home, I'm charging off my solar panels. Although it takes a bite out of my home electricity savings, it's essentially free to charge up my Bolt.Define significant....
The real question is will your gasoline bill decrease significantly? It depends on your driving, area of the country, and weather.
Let's assume you are average
- Drive 1,250 miles a month
- Have a gasoline vehicle getting 30 mpg
- Buy an EV with with consumption of 3.5 miles/kWh
- Pay the average 13.7 cents per kWh for electricity
- Pay the average $4.22 per gallon of regular
Gasoline Electric Miles per month 1,250 1,250 'Fuel' Consumed 41.7 gallons 357 kWh Cost of 'Fuel' $175.94 $48.92 Gasoline bill drops by $175.94 Electric light bill rises by $48.92
If you are average, you will save about $125 per month. Of course, if you are sharing your electric bill with a room mate, you may have to make some arrangements to be fair.
The increase in your electricity bill depends on:The cost of light bill is it significantly higher for home charge
You could also set your departure time to 6am and the car will delay charging so it will complete charge just it time when you are ready to leave.I’m on the west side of Michigan where consumers power charges me $.07/kWh IF I set my car to charge from 11pm til 6am (which is plenty of time). I’m averaging just over $.02/mile with my Bolt vs $.20/mile with my Buick Enclave. Consumers even sends me a $20 check monthly if I only charge in my time range. Loving this car!
You should come out very well!We are expectant Bolt EUV owners - should arrive sometime this fall!
Wife still working I am retired, she currently spends about $80 - $90/week on gas.
I have installed our 50A outlet for a home charger, we are on a Time of Use plan here for hydro, .08/Kwh between 7PM and 7AM and same deal on Sat/Sun/Holidays. So we will be charging at home for the most part, I cannot see how this would not be cheaper if we use 100Kwh/week for her daily 100KM commute. We were ready for a new car anyway as the Pontiac Vibe has a load of miles on it so the timing is perfect.
The money saved on fuel, maintenance(oil changes, filters, brakes, etc) will more than make up for any additional cost on our monthly utility bill - I figure it will be approximately $40 - $50/month vs $300+ per month in fuel costs.
Mike 🇨🇦 🍁 👍