The Cost Analysis Comparing The Chevrolet Bolt To The Chevrolet Cruze
When purchasing an electric vehicle you are not only offsetting carbon emissions, but you are decreasing the cost to drive from a to b. Also, there are possible tax breaks when purchasing an electric vehicle and installing a home charging station.
How To Calculate Cost To Charge An Electric Vehicle
2020 Rochester Ny Electricity Rate Per kWh 10.73¢ 2020
Electric Cost ___ Per kWh
X
Vehicle Battery Capacity ___ kWh
=
___ Cost To Charge Vehicle
The Cost To Charge The Chevrolet Bolt
According to https://www.fueleconomy.gov/, the 2018 Chevrolet Bolt has an annual electric cost of $550. The kilowatt-hour capacity or kWh/ of the 2018 Chevrolet Bolt is 60 kWh.The cost to fully charge the 2018 Chevrolet Bolt is about $6.43 this is based on Rochester, NY’s average residential electric rate at 10.73¢/kWh.
According to https://www.fueleconomy.gov/, the 2018 Chevrolet Cruze has an annual fuel cost of $950. The 2018 Chevrolet Cruze fuel tank size is 13.7 gallons. The cost to fully fill the 2018 Chevrolet Cruze is about $30.27, this is based on Rochester, NY’s average fuel cost rate at $2.21 per gallon.
Savings
It is ten times more expensive to fill up the 2018 Chevrolet Cruze in comparison to fully charging the 2018 Chevrolet Bolt. By purchasing an electric vehicle you are not only saving on maintenance items such as oil changes, tune-ups, transmission servicing, replacing air filters, spark plugs, and belts. You are also paying a lower cost to fully charge your vehicle in comparison to filling up at the gas pump.
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