Electric Vehicle (EV) Time For Utillity Engagement And Planning
There are many causes for you to accept an electric vehicle (EV) over a vehicle powered by petrol or diesel. An electric car is much lower to run (equivalent to paying 30 cents a liter for petrol), more effective, doesn’t pollute the air with exhaust emissions and passes an 80% decrease in CO2 radiations when in use in New Zealand.
Flick through electric cars for sale in our classifieds
Don’t forget, the UK government has been offering up to £4500 off zero-emissions cars for the past several years via its Plug-In Car Grant, making the raised purchase price and showroom costs much more bearable. Subsidies have put more than 167,000 plug-in EVs on the roads since January 2011 up to autumn 2018, but the incentives have now been curtailed – much to the industry’s chagrin. Plug-in and hybrid cars no longer qualify for grants, while the discount for pure EVs has dropped to £3500, and sometimes less. Expect the grants to dry up altogether in time, as electrification becomes the norm.
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COST AND SAVINGS
The overall price of EV ownership is really lower than gasoline-powered cars. Consider fuel costs: say you drive 15,000 miles a year and average 25 miles per gallon, with gasoline at $3.50 a gallon. That comes out to $2,100 a year in fuel costs to operate your vehicle.
Those same miles in an EV that gets 3.5 miles per kWh would utilize less than 4,300 kWh, and at a price of 11 cents per kWh would cost less than $475 a year. Not to mention the savings on maintenance costs; oil changes, replacing belts, and transmission repairs quickly add up. There are also federal tax credits of up to $7,500 and additional tax credits in a number of states for most EV models. That provides significant increases in the primary purchase price of a new EV.