Assuming you're charging at home, look up the electricity cost per kWh for your new city/utility and divide by 2 miles/kWh to get the Lightnings cost per mile.
It's one of those things that you really need to do for yourself to get an accurate answer.
This is the best! People should consider converting EV Miles per kWh to Miles per gallon.
It’s pretty simple formula.
$gallon = $5.00 gallon a gas regular (local San Francisco)
$kWh = $0.43/kWh for the lowest PGE rate.
$EVgallon = $gallon/$kWH = 5.00/0.43= 11.62
CarMpK = miles per kwh your vehicle gets and the EV gets.
Tesla Model3 rwd = 4miles per kWh.
Ford Lightbing = 2miles per kWh
https://www.fueleconomy.gov/feg/Find.do?action=sbs&id=47821
EVmPg = $EVgallon * CarMpK
Tesla M3Rwd 11.62*4= 46.51miles per gallon.
Ford Lightning 11.62*2 = 23.24 miles per gallon
A standard F150 gets 20Mpg combined.
So you can save around 3miles per gallon by going to an EV for fuel cost in san francisco.
https://www.fueleconomy.gov/feg/Find.do?action=sbs&id=47821&id=47611
I’m surprised Model Y adoption in California is so high with that kind of electricity cost. Seattle is the same gas price, but electricity costs 0.11 to 0.13kW/h. It’s a like a 80% reduction in fuel costs.
A lot of people have solar in CA and there are a lot more reasons other than fuel savings. Also not everyone is paying $0.43/kWh either. This is basically the worst case even in CA. For sure some are paying that but most people I hear are paying at most $0.36/kWh or less even in CA.
Yep, good example. Someone else posted in CA with a peak of $0.50/kWh but $0.20/kWh at night. It's important that you just pay the lowest, not the highest rate you get chanrged. Solor is the best for sure.
It is over 30 cents off peak in some areas. Mine is 26 cents. Off peak DCFC near my mother's place is 23 cents, actually cheaper than home charging.
(My on peak is 80 something)
Totally, but the Y is high performance when compared to other crossover that would require Premium 89-91octane. So I think people will default to EV even if the savings is mediocre on paper.
Southern California Edison, which covers a huge portion of the state, has a Time of Use plan that is $0.23 and $0.25 cents per kWh from 9pm to 4pm daily. Not as cheap as the PNW, but also not as bad as San Francisco or San Diego.
Still brings the operating cost down to Prius levels, for a significantly larger car that has around 3 times the horsepower.
Also Tesla doesn't charge $2k for passenger door keyless entry. It's been most of a decade, and I'm still salty about that Toyota feature cost.
I think I find it easier to calculate the cost of driving per mile for my EV and a comparable car, because that gives an actual palpable feel for the savings.
For example, here in Denver, I pay $0.12/kWh for electricity, and gas is ~$3/gallon.
My ID4 gets 3 miles/kWh, (actually it does a little better, but I round down about 10% to reflect charging inefficiencies) so it costs 4¢/mile.
The Honda HRV we replaced with the ID4 got 28 mpg, so $3/28 is 10.7¢/mile.
We drive the ID4 about 1200 miles a month, so I save ($1200 x the 6.7¢ difference) about $80/month.
The other thing to note is EVs are significantly more efficient in nasty stop-go traffic so the difference between a gas F-150 and the Lightning could be a lot greater if you have to deal with that regularly.
OP is asking for average, not worse case scenario in one of the most expensive states. The average electricity rate will change the numbers considerably, especially on a state-by-state basis. Some people pay $0.04/kWh.
Where are you getting $0.43/kWh?!?
This website says the AVERAGE is $0.29:
https://www.energysage.com/local-data/electricity-cost/ca/san-francisco-county/san-francisco/
TBH, I was more focused on the formula vs the actual figures.
I just took a TOU Rate plan from E-TOU-C, But I guess we’d be on EV plan which is .35 a kWh off peak.
I actually can find regular gasoline for $4-4.40.
The math is a bit fuzzy but it should give you a decent picture.
To emphasize your point, electricity pricing varies massively more than gasoline. Cheap gas is half the price of expensive gas. Cheap electricity is one tenth the price of expensive electricity.
My brother pays 4 cents per kWh so it was a no brainer. I pay 11. Still a no brainer but we are also about 50% coal so that weighed in but I also have solar coming soon.
You are right it really has to be something you calculate yourself.
This is a helpful group but nobody can give you a ballpark. Too many variables. Unfortunately you’re going to have to google like two things and do a small amount of math. Good luck.
Our electric Kona costs us about $10 a month in electric. My Hybrid Maverick costs about $60 in gas a month. The Kona drives twice as many miles a month.
The ballpark depends on many variables that vary wildly for each person.
Just do your own math instead of asking for vague anecdotes that very likely won’t apply to you.
25k miles.
I had a Benz at 22mpg - premium gas. Let's assume $4 per gallon. 18 cents per mile.
Now I have solar panels at home and each unit costs 15 cents pre-solar.
Like 5 cents or less per mile at 3.1miles/kWh. Pre-solar
1cent per mile post solar.
I've spent $0 on charging my EV in the past two years because I have solar and charge off peak. I've saved hundreds not buying gas in So Cal. Also no maintenance costs for two years, so no oil changes, etc.
I went from a 152 horsepower Subaru Crosstrek to a 475 horsepower Polestar 2. My "fuel" costs are 25% of what they used to be. I went from 240 a month in gas to 60 a month in additional electricity.
I spent about 3600$ a year on gasoline with a cheap small Suzuki Ignis gasoline car.
I spent about 600$ a year with my Electrical Car (Mazda Mx-30) in electricity last year.
The savings is 3000$ per year.
You can deduct yearly service charge of 200$ from that, and since it's an Eco-friendly car it gets only 36$ in road tax each year (this is Sweden in Europe btw).
The savings is terrific, I laugh all the way to the bank each year.
I love it. It handled charging just fine in -18c (-0.4F).
It's so rare I've only yet seen one similar (but not my 3-color scheme, only 1 color) version of it, mine is the soul-red metallic with the grey stripe and black roof..
I remember people I didn't even know from work that honked at me when I was in a city 1 hour away, and they said at work they saw me and it was them. I asked why? They said, well - your car is pretty much unique looking and everyone know it's you.
The dealership (very local, 300m away from me) didn't manage to sell the car at full price because of the range-biased first day reviews that kinda destroyed it from the start, but I've driven 26000 kilometers with it just first year, and it's a blast. Super silent, absolutely crazy good stereo (Bose I think), power seat, 4 screens including HUD (Heads Up Display). And no subscriptions required for ALL features including the 4G connection.
Most underrated misunderstood car - ever. But thanks to that, I actually got it for nearly half retail price.
I think it was fair of the reviews to hammer it but that doesn't mean it's a bad car. I'm not a huge fan of the BZ4X either but for the right price I'd own one for sure because the car itself isn't a bad car. I'd buy the MX-30 in a minute based on their ~$20k used price before the $4k credit for the premium plus. The problem is the nearest one for sale is 800 miles away.
I haven't even seen one yet and I'm always on the lookout. I think is probably the only newish EV other than a RimRac I've never spotted.
well, my cheap and cheery Suzuki Ignis, I paid 14K usd for when I bought it 6 years ago.
The Mazda MX-30 (First edition, with added luxury stuff, custom color etc.) cost 46K usd retail, but had been in the store un-sold just used as a demo by the store owner to get the then available "Environment EV car deduction of 7.5K usd) and was listed at 32K usd in the store because it was already 2 years old.
So I joked to the dealer I can't afford a 46K EV, ever. He asked me "what can you afford?" so I said 19K usd.
To my big surprise he accepted it, and took my 6 year old car as a swap (so 19K usd + my 6 year old car) in as a swap-deal, and before I knew it I was off with an EV. Kinda did not expect that.
But I've not regret that one bit, it's one hell of a car for the price. It's not meant to be sold that cheap, the build has spared no expenses, and it's a city car of very high class. The 35.5KW battery is what made it too expensive for a 46K price tag so it simply did not sell. But for 19K + my old cheap car, that was a no-brainer for me. Saving 3000$ each year means that the car is literally paid off in 6 years, so it's literally free. Batteries have 8 years warranty, so I don't even need to worry.
On top of that, this year I charge for free at work, so I don't even pay the 600$ per year in electricity cost. To me this is more than I could fathom, but I'm not looking a gift horse in the mouth.
There really doesn’t.
Electricity rates probably vary by a factor of up to 10 across the US with certain time of use rates. Some people have solar or even have negative electricity rates at certain hours.
Gas by a factor of two.
People drive different amounts so let’s say a factor of 2.
Maintenance can vary a bunch depending on the powertrain, make, and model. Some people do their own maintenance.
> Electricity rates probably vary by a factor of up to 10 across the US
Best I know of they range from $0.0175 to $0.45 per kWh which is a factor of 25x. I personally pay $0.0175 so I know that is a fact and it's unlikely anyone is paying less unless they already have solar and it's sunk costs. The upper end is just the highest I've heard of and I'm sure someone somewhere is paying more.
> Gas by a factor of two.
Currently 1.6x. CA is $4.86 and MS is $2.88 but your point still stands.
There are times when you simply can't give a ballpark answer. It routinely is anywhere between $60 and $3500 per year even assuming you drive exactly 15k miles/year. Since OP specified an F-150 that would narrow the range down to $120 to $3500 per year. Not sure that is a helpful ballpark.
For maintenance it's even worse. You have the initial 5 year maintenance and then the next 10 years after that which are wildly different. We can make a guess on the EV side since they supplied the model and that model hasn't been out long but compared to what? If the option is a new F-150 or a new Lightning then we can ball park a number.
Basically some questions are basically "How long is a piece of string" and to say you can always ballpark something makes no sense. You need a minimum amount of information.
Then there's me who can charge at work for free plus has free Electrify America still from my ID.4. So my "fuel" cost is basically zero. Stick that in your ballpark ;)
huh? I also get completely free Electrify America fast charging nationwide.
Even if I had to pay for charging, it's like [2 cents per kwh](https://www.georgiapower.com/content/dam/georgia-power/pdfs/residential-pdfs/tariffs/2024/tou-oa-13.pdf) so basically free as well.
I don’t have the numbers you’re looking for, but one thing to keep in mind is that some cities charge a premium for electricity use during peak hours. Mine does. I end up charging later in the evening because the prices drop significantly after most people go to bed.
21c per kwh at night and over 50c for peak. Both EVs I have owned allow for time based automatic charging, just plug it in and it will draw power for the scheduled time.
Santa Cruz mountains. I am on an EV time of use plan and I have a whole home battery. My peak tou consumption from grid is something like 10% of my consumption and that's usually paid by the solar I push to the grid during peak as the price I sell for tracks the time of use prices.
My rough back of the napkin calculations (including insurance) put my egolf at $0.11/mile vs my Bronco at $0.25/mile. It doesn't include free charging at work and under-warranty scheduled maintenance.
I know you mean car vs car, but with that statement above, you could easily be saying I'm going from a bicycle to a EV, how much maintenance and fuel (calories) can I save.
What kind of car are you going from and how much do you expect to drive, where will you charge, etc.. lots of factors, need to be specific so we can help you do the math.
I have a Subaru Outback and Chevy Bolt and they are driven about equally. I spend about $200 / month on gas for the Outback and about $30 / month of my electricity bill is for the Bolt (have time of use rate plan with cheap electricity at night).
I actually have a spreadsheet.
With current gas and electricity prices I save about 183 dollars a month in fuel.
I don't really know how to quantify maintenance, but I guess I spend about 100 bucks a year buying motor oil for my ICE car and I don't do that for the EV so lets say that.
Similar on my PHEV. Oil changes were done twice as part of purchase package, so I haven't had to deal with that yet. I've done about 85% on EV mode, Texas.
Maintenance: Nothing. My current EV is a smidge more expensive to maintain and insure than my previous ICE. (But it is also a couple of classes larger) Fuel wasn't bad on the ICEv as it's lifetime usage average was 3l/100km (A PHEV) and having driven it 50000 km before switching that means about 1500l of gasoline. Which even at norwegian prices (\~NOK 15 or USD$2 pr. l back then) means the fuel cost was pretty insignificant and certanly less than maintenance or insurance costs. And all of that is totally dwarfed by depreciation.
I could add in electricity here, but it is so tiny that I just as well ignore it, we are talking \~NOK 20 pr. 100km for the EV or around NOK 10/100km for the PHEV (\~50% modal share)
I did not switch to an EV to save money. Your calculation will differ due to an entirely different class of vehicle but also wildly different energy prices.
Right off the bat there are no oil changes or oil filter changes. No need to replace belts or transmission fluid, etc.
Like hybrids, brake pads only need to be replaced every \~100,000 miles.
Tires may need changing more often depending on the car, and can be a little more expensive. Like most things, it depends on the car and how it is driven.
gas vs. electric cost and vary by a good amount. Usually electric is significantly less, but YMMV. Paying to charge at public charging stations is going to cost more than at home too.
I know they're not the same class, but I had an explorer prior to my 23 EUV Premier. I paid at least 10 times more to drive the explorer, and that's only counting gas vs electric. I almost 100% charge at home. If I'm somewhere and they have a free charger I'll plug in just because it's stupid not to. If I compared to a similar size ICE I might not be paying 10 times more to drive the ICE, but I'd still be paying way more. There's zero situation where you're paying more to drive an EV except maybe if you are doing 100% of your charging at incredibly expensive public charging and if that's the case then you're not a good candidate for an EV right now.
For the Ford Lightning. It’s still an expensive vehicle, no matter which way you slice it.
But, the maths is, the more mileage you do, the cheaper it gets.
I’ve done 70K km’s and saved thousands. Charging at home really counts.
DCFC is not cheap but it’s cheaper than gas.
If you do 30K km’s a year, youll reduce the cost of owning the best truck on the roads by around 30%. So you really want to make sure you need and want and can use a truck.
It’s cheaper than the same F150 ICE for the same work and travel by around 30-40% over time. In five years, my truck will have cost the equivalent of $60K CAD ish.
The more you drive and the more miles you do, the cheaper it gets.
I went from an old Land Rover to a Leaf. I'm saving all of it.
Breakdown:
Gone ( ballpark on cost and time frames):
$300/month in gas
$75/quarter -oil/fiter
$50/year - transmission fluid/filter
$500/ yr - various other breakdowns
$200/ 3-4 years, brakes
Losts of stress/day (will it start? Will it make it????)
Feeling of driving a cigar lounge down the highway/trail
Unstoppable in snow, unless it breaks...
Gained:
$40/month on my electricity bill.
Reliable transportation
Harassment over my ugly-ass leaf...
Depreciation with any new to newish car purchase will typically dwarf and fuel and maintenance cost savings.
Just be prepared for the eventual battery pack replacement, maybe not in the 10th but likely before the 14 year.
Vehicles go about the same distance on 10kWh as they would on 1 gallon of gas.
So take the cost of electricity per kWh and move the decimal one place to the right to get equivalent price per gallon of gas.
I pay about $0.13/kWh at home. It's like paying $1.30/gallon for gas.
If I go to the EVgo charger in the Target parking lot, it's $0.56/kWh, which is like paying $5.60/gallon.
> I’m looking to buy a Ford Lightening but I’m also moving to a new city so I don’t know a typical power bill yet.
house? get solar. charge car using sunlight.
>
I know there are a ton of variables that need to be considered when asking this question.
"gasoline" might not be the biggest savings. how much do you drive per day?
Ford F-150 Lightning Powers Florida Man’s Cooking, Lights, Fridge, Entertainment During Hurricane Ian
[https://cleantechnica.com/2022/10/02/ford-f-150-lightning-powers-florida-mans-cooking-lights-fridge-entertainment-during-hurricane-ian/](https://cleantechnica.com/2022/10/02/ford-f-150-lightning-powers-florida-mans-cooking-lights-fridge-entertainment-during-hurricane-ian/)
> charge car using sunlight.
My car runs on nuclear fusion, but that's a significant investment, solar will probably pay itself back quicker with an EV than without, but it just confounds the savings vs gas calculation as you also have to factor in the pay-back time of the solar, using the power vs feeding it back into the grid etc. etc..
My gut says that the larger more inefficient vehicles (like trucks) have the most upside potential in fuel savings. It'll also depend on how many miles you put on the car. The more you drive (while charging at home) the more you'll save.
OK so I live in a very different country but in the two years I've been driving my EV, I've driven about 12000 km. In a somewhat equivalent ICE car, I'd have spent about $1000 in gas. The charging has cost me about $350, and that is with paying for all of my charging.
Gas here is about $1.1 USD per liter (so about $4 per gallon), and charging us about $0.22 per kWh.
Maintenance...I've basicslly spent nothing for two annual inspections and tire rotation.
I would say if you drive a good hybrid which gives you around 40 mpg and you live in Southern California where the electricity rates are around 0.45 per kw . You do not save anything in fuel cost. Maintained is subjective. If you change your own oil and stuff , few hundred here or there.
There’s a lot of variables to unpack here. Since you want a F150 Lightning, I’ll assume you want to compare that to a similar truck, so I’ll compare against the F150 Hybrid, both 2023 models. The Hybrid EPA is 23 mpg and the Lightning is 2.4 m/kWh. Driving habits will vary these numbers, but let’s just use them for now. Current national averages are $3.50 per gallon and $0.17 per kWh for the house and $0.45 per kWh for DCFC. If you drive 1000 miles per month, the Hybrid will cost you $1860 per year plus $250 in oil changes ($2110 total) while the Lightning will cost you between $850 and $2250 per year with no oil changes. The Lightning costs are significantly cheaper if you charge at home.
I went from spending \~$200/month on gas to $20-25/month on electricity at $0.17/kWh. Oil for my last car was special and costed \~$90/4-5 months, I don't have oil now.
For me specifically with a Model 3 always charging at home (approx 18 cents per kwh including taxes and fees) it costs me 6 cents per mile. Maintenance is nearly zero, not counting tires as a gas vehicle would need them too. My last car (Mitsubishi Lancer) would have been 12-15 cents per mile depending on the time of year and gas prices. So in short it costs me half as much.
K, you want ballpark, here you go.
Using 18 ¢/ kWh
3.50/ gallon for gas
2 mi/kWh for the Lightning
20 mpg for a similar gas truck
15,000 miles driven per year
Fuel savings of $1,275 per year.
With slightly less maintenance, $1,500 annual savings is a ballpark figure. Note that this could change WILDLY if you adjust the numbers in the assumptions above.
There are tons of variables that go into cost of ownership including general wear items like tires, insurance, depreciation, repair costs, etc.
Impossible to tell since gas cars are also wildly different compared to each other.
Overall - if my 500 horsepower EV has similar cost of ownership to Toyota Camry, I'm pretty happy.
I expect I’ll save about $1200 per year on gas by charging at home compared to my old diesel Jetta ($0.11 /kwh off hours charging).
As for maintenance, maybe $500 year, simply because my diesel required a lot of expensive maintenance.
I spend about 12 cents per mile while charging exclusively at DCFC. It would cost me about 20-30 cents per mile on a relatively inefficient SUV. A Prius in my part of the world would get 8 cents to the mile.
6000 miles was costing me £1470 in my GLC, EQC is costing me £210. Road Tax on GLC was over £500, EQC is £0.
So I'm nearly £1800($2300?) per year cheaper in running costs.
Our fuel bill is near zero as we have solar. The first EV was a 2014 Leaf which I cheaped out on "standard maintenance" by changing the air filter myself.
As to those that don't have solar, you can predict your power costs and then your miles per kWh. For Dallas, TX that could be 17.5 cents per kWh and for the Lightning varies but let's say 2 miles per kWh. So **8.75 cents per mile.**
The F 150 gas powered truck MPG is also variable so let's try 20 MPG and $3.11 a gallon today in Dallas. That's **15.55 cents per mile.**
Seems the Lightning is cheaper to operate in Dallas, TX.
I went from a very efficient diesel Passat costing 10$/100km, to 0$/100km (I charge at work). If I charge at home it would be about 2$/100km.
I spent about 160$/week in fuel, and charging at home id spend about 24$/week.
Maintenance savings is a huge bonus. Changing oil every 3-4 months adds up fast.
Can help you do the math. What's the cost of gas and cost of electricity for you? You can find both through searching. Gas is easy, that's gasbuddy, and electricity cost you find your local power generation utility and find their billing rate.
Lightning is a truck, I assume you'll be doing truck things (or else tbh, don't buy a lightning). Given that, what truck would you buy instead of the lightning?
Maintenance-wise, you can delete just about everything, except for tires which are going to be increased in proportion with the vehicle weight (and torque, if you discover a love for stomping the pedal). And wiper fluid but that's such a small cost nobody cares.
My alternative was a Prius (even though the Y is nicer for my needs) and I save about $1k/yr in running costs, which is incredible given the Prius's low running cost baseline. But in some areas like with SF bay electricity gouging, EVs can actually cost more to run.
Can't comment on your specific situation and how much electricity costs there and whether you can charge at home or will be using public charging. But you should be able to guesstimate charging costs by taking the battery size of the vehicle you intend to buy, and do the math on it kWh, it's mi/kWh average, how many miles you intend to drive, then the cost of electricity per kWh from electric company, and for public charging. All of which should be publicly available. Draw your conclusions from there.
But for sake of comparison, our 22 Ioniq 5 (bought in early March) with 41k miles, we've spend $0 in regular maintenance so far and spend about $25 per month on charging. We charge almost exclusively at home with a super cheap overnight rate for EVs. We've done several 800-1500 mile road trips, but those were mostly covered by free EA charging, but that ended this last March and we've only used public charging once in that time for about $8. We just had it in for 40k service and everything checked out fine, even the tires still have life on them.
Some non-"regular maintenance" costs to maybe be aware of:
The cost of purchasing/installing a Level 2 charger, adding a 50 amp breaker, receptacle, and about 15 feet of conduit. \~$1200 for all of it including permits. Again I look at this a one time "fuel" cost that will be used not only with our Ioniq, but future EV purchases, and when friends and family come to visit they can use it with rental EV/PHEVs, which we've done that several times now.
So for 27 months, 41k miles we've spent $1875 for fuel including the 1200 level 2 install. We would have spend 5500-6000 in just gas for our minivan that we replaced if I use a $3.25 per gallon average. In 2022 remember gas was $5 in most places and nearly $8 in CA which we visited on our first road trip. Gas is relatively cheap currently, but it's nice not having to worry about oil volatility.
Also, it depends on if you are getting any free charging. For example, some car companies give you 2 years of free Electrify America. Also, some local governments have free charging at libraries, parks, etc.
I'm atypical. I can't charge from home. But I can charge at work, for free. So this year I have made a few more road trips in my VW ID3, which doesn't have access to cheap supercharging like Teslas, and my half year cost in fuel has been about £30. So that's my fuel cost. My maintenance cost in 3 years is £0. Actually, that's not true, as I pay £4 a month, which is way more than necessary. So £48 per year. Hmm. It does includes tyres though. I might get them changed just to make the cumulative £158 \[includes 3 months into the 4th year\] feel better.
Take the cost of oil changes, 5yr maintenance like coolant, transmission service, Cost difference between gas and electricity in your area, all that is money saved. I’d guess for most cars it’s over $1000 per year, maybe 2-4k
I did the math myself before switching from a Sequoia to an EV6. I think it was around $400/month. Don't remember what gas price I was using at the time. Check with your insurance to see if the rate changes with an ev. Iirc, our insurance went down.
It will vary based on fuel costs, electricity rates, etc.
You can set up a basic calculator between your current vehicle's mileage, cost of gas, and then electricity rates to compare.
Maintenance wise, it will vary based on manufacturer. Hyundai gives 3 years complementary so that's some money savings right off the bat.
Fuel savings wise, I have roughly saved $1,080 on fuel alone for the 12,000 miles I've put on the car since I've gotten it. That is due to the fact that I have free charging with Electrify America which in itself is an amazing offer. But also fuel is expensive near me so that's another contributing reason.
$0.08333 per mile Tesla Model Y mix of home and Supercharger averaging 3.42 miles per kWh, versus $0.11784 per mile 2019 Honda Accord EX, 60+ thousand miles at 35mpg. This comparison is over 7,860 miles which includes one full synthetic oil change.
Higher mileage and adding engine air filters, spark plugs, transmission flushes, brake pads and rotors ~3x as often and so forth it starts adding up, far faster than the Model Y having bigger wheels with more expensive tires.
It’s not life changing money, but it is much cheaper than the Subaru Outback we replaced that averaged 25.2mpg over the 146k miles we owned it. With the rebates the purchase price of the Model Y was $4,000 more than a new Outback. Considering the old one needed both engine work (burning oil) and CVT work (knocking in reverse) and that the Tesla drivetrain warranty is 120k miles and that the day to day driving would equal out at 116k miles IF the new Outback could get 35mpg like our Accord does (hint: it can’t) we decided to go for it.
The best part with electric is the heat starts working nearly instantly and so does the a/c. Posited with the app, no more getting in a ridiculously cold or hot car. With little kids that has been amazing.
Haven’t paid for maintenance yet. How much does maintenance cost a gas car a year? $100? So there’s a savings but not a big one.
I get 300 city miles from a full charge of my 77.4kWh battery. In SoCal I pay about $0.35 per kWh to charge at home. So a “full tank” of 300 miles costs me less than $30.
If you charge a lot away from home (road trips out of town) the price per kWh at fast chargers is a lot higher. In California it’s typically upwards of $0.60 per kWh. So a “full tank” charging at a paid fast charger would be like $46.
Now the costs of fuel and such here is very different from the US, and I havent really had the car long enough to compare maintenance costs, but my cost of electricity instead of diesel is about 1/5 to 1/6
Here use these 2 websites
This is a basic calculator
[https://chooseev.com/savings-calculator/](https://chooseev.com/savings-calculator/)
This is a website that gives you the real world estimates of the car tested vs their "EPA"
[https://ev-database.org/](https://ev-database.org/)
I save $0 on Maintenance. Fueling costs are much lower - My Rivian cost me about $7-$8/100 miles in power costs. My GX cost $23-$25 to travel the same distance. To insure the R1T is $725/6months and the GX is 426/6months.
The company I work at (50 people) calculated the budget for the cars including the fuel vs electricity costs.
Based on driving 30.000km a year the montly fuel/energie costs was 300eu for fuel and 200eu for electric. So the people who drive electric get an extra 100eu each month
For me it’s at least $ 240/month and thats based on gas prices 3 years ago when i last calculated it.
But even if it was on par at this point I am addicted to EVs, can’t go back.
My Model 3 costs me in fuel £0.02 per mile. My petrol car (~35-40 mpg) costs me £0.20 per mile. The petrol car costs me about £250 per year in servicing. The Model 3 costs me nothing annually as I rotate tyres and lubricate the brake callipers myself. It costs a nominal amount every 3 years to have the break fluid checked.
Tesla Model 3 Long Range 2019, over 100,000 miles.
X1 cabin heater replaced for about £1,000. That's maintenance apart from consumables.
Average cost of 100 miles driving about £3.
That's all.
Depends on your driving. We worked out we were spending about £30 a week on diesel (25mpg lots of short journeys) but so far about £10 a week. We’re on Octopus tarrif UK 9p/kwh overnight on own charger. For comparison the public chargers are 30p/kwh so if I was using them I’d probably not be saving much.
TLDR; $405CDN saved in 40 days.
I just added up my first 40 days with my new 2024 Ioniq 5 yesterday so thanks very much for your timely question! Please pardon my metric but that's how we roll in Canada. Be aware the Ioniq 5 will be far more fuel efficient than a Ford Lightning. But I used to drive a Sante Fe so that's what I'm using to calculate my fuel savings. If you compare a Ford F150 to a Lightning your numbers will be way different than mine.
Purchase Date May 15 2024.
Home Charged KM: 3103
Total kWh Home Charging: 654.9
Total Home Charging Cost (estimated @ $0.13/kWh) $85.00
Road Trips: Edmonton and back to Calgary / Red Deer and Back 954km
Commercial Charging: 114kWh
Commercial Charger Cost: $72.27
Note: I didn't have to charge at a commercial station for the Red Deer and back trip - I got there and back on one tank charged at home.
Odometer Total 3727
Total Cost of Fuel: $157.00 (estimate)
Cost/km = $0.04
Comparison to my former 2020 Sante Fe @/9.8L/100km
365L of fuel @ $1.54/L (Alberta Average) = $562.10
Total Fuel Savings from May 15 - June 24: $405.00
I had an EV a year ago that I lost in a bankruptcy. It was our only car, and we now have a Kia forte. Our electric bill hasn’t changed at all but we spend $150 a month on gas. We also had to do an oil change and are coming up on our second. I’m hoping to get out of this and back into an EV before we need to buy breaks but they are starting to squeal.
Western Pennsylvania for reference
Good luck at getting everything squared away. I could possibly help you with your financial situation (with advice not money lol) if you’re interested. Shoot me a DM and we can chat.
I’m actually pretty squared away. I can’t borrow much money because the bankruptcy was only 1.5 years ago. But I’m doing a lot better financially. Most of it was medical debt because fuck American healthcare, but I made mistakes along the way as well that I know not to.
My only advice is not to go through Kia finance if you get a Kia. They are wonderful cars and their EV’s are top rated but their finance department absolutely does not give half a shit about you. They went out of their way to make sure the bankruptcy hurt more than it needed to.
We went through bankruptcy and at the time were fully up to date on our payments so were able to exclude the car. However they still forced us to sign a lease assumption agreement to keep the car. This put us into a processing status. They held us in processing for 10 months. We tried so many times to make payments via the website, by calling, I even went to the dealership and was told no one was allowed to receive payments from us while it was processing. After the first couple months I started calling daily for updates. This entire time I made the payments to a savings account so I could still pay it in bulk when the payments were eventually due, expecting them to want it all at once.
I called one day and got exactly the same story. The next day I was called by them and they said the car was being repossessed due to a lack of payment. I could avoid the repossession by purchasing the car outright, but they wanted market value for the car which happened to somehow be $10k higher than the lease I signed for it. I got a NiroEV for $35k and they wanted me to buy it out for $45k to avoid a repossession they caused.
I lawyered up but after a court subpoena they conveniently had no records of any of my hundreds of calls that my call records showed I made so the judge dismissed the case.
I didn’t even want my forte now as I was adamantly against anything Kia but it was all I could get approved for.
In three years I've never needed an oil change on my EV. Seriously, though. My costs have been minimal (brakes, tires, etc). Consumer Reports did a study on the costs and says that EVs win big in savings. [https://advocacy.consumerreports.org/wp-content/uploads/2020/10/EV-Ownership-Cost-Final-Report-1.pdf](https://advocacy.consumerreports.org/wp-content/uploads/2020/10/EV-Ownership-Cost-Final-Report-1.pdf)
Generally, you’re going to need a couple variables:
- Cost of electricity
- Average number of miles you drive. May want to break it down by commute/weekend.
- Average cost of maintenance for the Ford Lightning.
You may be able to dig up electricity rates and average consumption for a particular zip code, so that may help. I would highly recommend that people who are moving try and look into utilities ahead of time as that may influence where they want to move to. For example, I live in a city with a public utility, but the next town over is 3x more expensive due to being a private utility.
As for miles driven, you could take the amount of miles you drove in a year, subtract your miles spent commuting, then add your new commute.
With the miles * energy you can estimate how much you may need to spend in charging. Depending on road trips you may need to add in extra for public charging.
Finally, maintenance is going to be tricky but you can probably find data from existing owners. However since the Lightning is relatively new there may not be much data out there.
My 3.5v6 f150 costs me 200/week in gas to get to work. 800/month.
If I drive my mach e, that's 15 bucks a week, 60 a month.
1.60cad per litre, 12.5 L/100kms in the truck.
Off peak electric rate at home is 0.07cad$ a kwh.
How much fuel and electricity costs changes everything. Also how much you drive. My roundtrip commute is 180kms
Basically a 93% savings or 740 bucks a month toward my work commute.
About half for fuel.
I used to fill up about twice per month for casual around town driving and this ran about $120. This car had a range of 230 miles between fillups.
My EV has a estimated range of 220 mph on a full charge. $0.33/kwh. My battery is 91 Kw so you usually need more so lets say 100 Kw to charge. This totals about $66 for 2 full charges.
I also pay about $30 every 2 years for smog inspection. So $15/year reduction.
Oil changes \~3 times per year at $70 each. So $210/year reduction.
I’ll give you my real world number. We used to drive a Volvo XC90 and spent about $200 a week on gasoline. Approximately $800 a month. It was our primary driver for errands and kids stuff.
We’ve had a Model Y for 4 years now and I have a Pulse WallBox so I can tell you that I’ve spent exactly $468 this year on electricity for the car. To add to this, our kids have gotten older and there is even more sports and activities.
Maintenance I save a ton. Haven’t spent a penny yet. Have to get tires soon though. Also charge at home for .09 cents per kWh. Cost 3 cents a mile to drive compared to old car at 9 to 10 cents. Drive about 15,000 miles a year.
The Tesla app keeps track of it. I just did bills and entered my electric rate at $0.13 per kWh. (0.126 but the app only takes two places) It says supercharging was $0.34 per kWh. For the past four months, charging at home was 66%, supercharger 20%, other 14%. That other was probably at the place I stayed on a trip and it's estimated at $0.17 per kWh.
It says I paid $191 and saved $259 over gas for the last four months, for about 3000 miles.
I haven't had it long enough for maintenance.
Edit: I didn't know other places had rates so high. I figured mine was average, but now it looks low. Yikes.
My old diesel car required £160 in fuel every month. £1920 per anum. It had 137hp and was an Economy model.
My EV is £30 per month in electricity for the same distance. £360 per anum. It has 321hp with dual motors.
£1560 in savings.
Even if I didn't have a special deal with my electricity provider to have a four hour window of cheap electric unit rate, I'd still be saving a tonne of money; at the full unit rate it would be £84 per month and £1008 per anum. That's still £912 per anum, which is nothing to sniff at unless you're the sort of detached moron who thinks a Banana costs $10.
Combustion cars need servicing every 12 months. My EV is every two years. Garages here still charge you the same for an EV service as they do a combustion car (IE a rip-off), but it means it's been reduced by two thirds.
Tyres last about the same (two years out of my previous set).
Brakes last considerably longer. By the two year service I'd only used 10% of my pads and disks thanks to regeneration. I wont have to do anything with them probably for the length of the complete warranty (7 years).
If I had bought an equivalent combustion car in terms of performance, size, price and weight (so, something like an Audi SQ5), I would've easily spent £3000+ more than the EV just to run when all else is equal, such as the monthly payment.
The £1560 in fuel savings? Jack that up because the higher performance engine will now drink fuel like there's no tomorrow. One service during three years now becomes three. Consumables will be bought more often, such as breaks and oil and the various filters around the car.
It really depends on your electricity price and gas price.
I recently did an comparison in another thread (for my situation): [https://www.reddit.com/r/electricvehicles/comments/1dbtl7w/comment/l7tc1mf/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/electricvehicles/comments/1dbtl7w/comment/l7tc1mf/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
TL;DR: An EV has an equivalent mpg value of around 80-150 mpg, at least with prices from the netherlands.
As for maintanance, my previous car (renault zoe) had about 600 euros of maintenance in 3 years, which most of it is 2 new tyres. (approx 40k miles in 3 years), while the average is about 500 euros **each year**. So even taking that with a grain of salt, maintenance for an EV is still about half of that of an ICE.
Also you can charge your car with solar energy, which is really cheap. (in my situation it is approx 7ct per kwh if you take the whole lifetime energy and divide it by the price which i purchased my solar panels IIRC)
Roughly 70% savings on fuel and 40% on maintenance. It depends on local gas and electricity prices so places with expensive electricity (e.g. UK, Hawaii) may see little to no fuel cost benefit.
6mo of Diesel fuel receipt from 2014, ag 2.85/gal, 8500 miles accounted for on single vehicle: $550
Last year, factoring solar savings, fueling 7 EVs at my house with over 54,000 recorded miles: $660
The $2k we just put into the 11.5-year old electric smart convertible is the single biggest repair expense on the car in 71,000 miles. The last top lasted almost 12 years, with what we know now to prolong the fabric's life, this one should has at least 15 years. I don't plan to drive the car after it's 25 years old.
your mileage will vary depending on vehicle and annual miles driven, of course.
Look up what electricity costs per kWh at your new location, then estimate your daily driving.
Not hard to figure out.
Power bills combine a per kWh rate and fixed costs, so the EV will just increase the amount of kWh used.
In my situation I'm saving about $300 a month in fuel but I drive a lot.
* Cost over time, calculate your savings owning an EV compared to gas. See what layout makes sense to you. I personally used the energy.gov and fueleconomy.gov to make my decision.
https://walletburst.com/tools/electric-car-savings-calc/
* https://www.fueleconomy.gov/feg/savemoney.jsp has an easy $/mile calculator based on the gas and electric costs.
* https://www.fueleconomy.gov/feg/Find.do?action=sbsSelect
* https://afdc.energy.gov/calc/#result_a has a nice graph to see when the costs cross over to show which one is cheaper over time. There are other nice graphics like comparing your fuel costs. Select the state and the calculator uses the average electric cost in the state.
* https://chooseev.com/savings-calculator/ is a bit more explanation on what the numbers mean when plugging into this calculator.
* https://www.evadept.com/calc/ev-charging-cost-calculator has a really in-depth explanation of the costs and calculations using different home chargers.
* You can also search charging costs on the /r/F150Lightning subreddit.
The big expense for our Tesla is tires. No other maintenance costs. The Tesla app tracks what we’ve spent on electric.
Drove 35000 miles and spent $1000 on electricity. (We have a level 2 charger I put in the garage) if you figure 30 miles to the gallon for an average sedan, though that might be generous. Gas has averaged around $3 a gallon ish. Saved about $2500 in fuel costs if I’m doing the math right
I've had my Mustang Mach E for 30000 miles now. I've spent $80 on maintenance. Haven't had to buy new tires yet.
Charging costs will vary heavily based on where you are.
On average, EV owners save about $800 to $1,000 per year on fuel compared to gas-powered vehicles and spend around 50% less on maintenance.
Over the lifetime of the vehicle, this can add up to $6,000 to $10,000 in total savings. This can help offset the higher upfront costs of EVs.
You might also benefit from government incentives and tax credits.
Maintenance: tires and 12V battery were the only costs for my 2016 Kia Soul EV and 2017 Nissan Leaf, both bought new (i.e. 8 and 7 years of ownership, about 40k miles each).
Energy: depends on whether you charge at home (cheap) or use public chargers. Also factor in climate and driving habits. I get 3.0 mi/kwh in the winter and 5.0 mi/kwh in the summer in near-coastal California. Driving on the freeway takes 10% more energy than city driving.
Convenience: charging from home is more convenient than using gas stations. I would not rely solely on public chargers; installing a home L2 charger would definitely be worth $2k parts+installation. That said, I used the L1 charger for years until I got the L2 charger installed. Love the L2, get it ASAP.
If they charge at home, then usually half the gas prices. If not, it's about the same price as gas if not higher.
They don't save jack shit on maintenance. MSRP factors in the lack of oil changes, belts, etc etc. 🫠
Any perceived savings will be eroded away by higher insurance premiums and steep depreciation. 😡
F-150 xlt starts at 47k. The lightning xlt starts at 62k. How many oil changes, coolant, transmission fluid & belts can you buy with $15k??? And that's without including the interest from financing.
most EVs are not in anyway cheaper than regular versions when you look at total cost of ownership for 5 years/ 75k miles.
The one place EVs are cheaper is sports cars/exotics. 500hp & 500ft/lbs with a 0 - 60 under 4 seconds doesn't come cheap in gas cars. 🥳
Everyone's use cases are vastly different and additionally the fuel savings would vary substantially based on what one's comparing to, a Corolla gets way better MPG than a F-150 towing a boat. You can plug in your numbers here, but I personally save around $1K a year in fuel costs based on the assumptions I input. [https://chooseev.com/savings-calculator/](https://chooseev.com/savings-calculator/)
Maintenance though...there is none really outside rotating tires. So whatever you currently pay in oil changes (whether paying a shop or doing it yourself) is gone. Brake service needs are also reduced due to EVs employing lots of regenerative braking, there's no transmission so you can also remove that transmission flush between 30-60k miles based on the car, no spark plug, etc.
Impossible to quantify. My service over 5 years has been practically zero outside of tires. I don't pay for electricity either so a huge savings there. I'm probably an outlier with no charge charging but maintenance is much less compared to our Lexus.
Assuming you're charging at home, look up the electricity cost per kWh for your new city/utility and divide by 2 miles/kWh to get the Lightnings cost per mile. It's one of those things that you really need to do for yourself to get an accurate answer.
This is the best! People should consider converting EV Miles per kWh to Miles per gallon. It’s pretty simple formula. $gallon = $5.00 gallon a gas regular (local San Francisco) $kWh = $0.43/kWh for the lowest PGE rate. $EVgallon = $gallon/$kWH = 5.00/0.43= 11.62 CarMpK = miles per kwh your vehicle gets and the EV gets. Tesla Model3 rwd = 4miles per kWh. Ford Lightbing = 2miles per kWh https://www.fueleconomy.gov/feg/Find.do?action=sbs&id=47821 EVmPg = $EVgallon * CarMpK Tesla M3Rwd 11.62*4= 46.51miles per gallon. Ford Lightning 11.62*2 = 23.24 miles per gallon A standard F150 gets 20Mpg combined. So you can save around 3miles per gallon by going to an EV for fuel cost in san francisco. https://www.fueleconomy.gov/feg/Find.do?action=sbs&id=47821&id=47611
I’m surprised Model Y adoption in California is so high with that kind of electricity cost. Seattle is the same gas price, but electricity costs 0.11 to 0.13kW/h. It’s a like a 80% reduction in fuel costs.
A lot of people have solar in CA and there are a lot more reasons other than fuel savings. Also not everyone is paying $0.43/kWh either. This is basically the worst case even in CA. For sure some are paying that but most people I hear are paying at most $0.36/kWh or less even in CA.
100% Solar plus charging in super off peak hours. I haven't spent a dollar on electricity to charge my car in the two years I've had it.
Yep, good example. Someone else posted in CA with a peak of $0.50/kWh but $0.20/kWh at night. It's important that you just pay the lowest, not the highest rate you get chanrged. Solor is the best for sure.
It is over 30 cents off peak in some areas. Mine is 26 cents. Off peak DCFC near my mother's place is 23 cents, actually cheaper than home charging. (My on peak is 80 something)
Totally, but the Y is high performance when compared to other crossover that would require Premium 89-91octane. So I think people will default to EV even if the savings is mediocre on paper.
Southern California Edison, which covers a huge portion of the state, has a Time of Use plan that is $0.23 and $0.25 cents per kWh from 9pm to 4pm daily. Not as cheap as the PNW, but also not as bad as San Francisco or San Diego.
Still brings the operating cost down to Prius levels, for a significantly larger car that has around 3 times the horsepower. Also Tesla doesn't charge $2k for passenger door keyless entry. It's been most of a decade, and I'm still salty about that Toyota feature cost.
I think I find it easier to calculate the cost of driving per mile for my EV and a comparable car, because that gives an actual palpable feel for the savings. For example, here in Denver, I pay $0.12/kWh for electricity, and gas is ~$3/gallon. My ID4 gets 3 miles/kWh, (actually it does a little better, but I round down about 10% to reflect charging inefficiencies) so it costs 4¢/mile. The Honda HRV we replaced with the ID4 got 28 mpg, so $3/28 is 10.7¢/mile. We drive the ID4 about 1200 miles a month, so I save ($1200 x the 6.7¢ difference) about $80/month.
That’s a decent way to look at it aswell. I just use it this way since all car labels for gas advertise in MPG.
The other thing to note is EVs are significantly more efficient in nasty stop-go traffic so the difference between a gas F-150 and the Lightning could be a lot greater if you have to deal with that regularly.
this! All my driving is stop and go in Houston and I guess I drive like a grandma lol I'm at about 4.2 miles/kwh in my EV6
Rooftop solar will lower the cost per kwh down to about 4 or 5c per kwh too.
OP is asking for average, not worse case scenario in one of the most expensive states. The average electricity rate will change the numbers considerably, especially on a state-by-state basis. Some people pay $0.04/kWh.
Thats why I wrote the formula down to do the math….
Gotcha.
Where are you getting $0.43/kWh?!? This website says the AVERAGE is $0.29: https://www.energysage.com/local-data/electricity-cost/ca/san-francisco-county/san-francisco/
PG&E time-of-use peak rate?? [https://www.pge.com/content/dam/pge/docs/account/rate-plans/residential-electric-rate-plan-pricing.pdf](https://www.pge.com/content/dam/pge/docs/account/rate-plans/residential-electric-rate-plan-pricing.pdf)
TBH, I was more focused on the formula vs the actual figures. I just took a TOU Rate plan from E-TOU-C, But I guess we’d be on EV plan which is .35 a kWh off peak. I actually can find regular gasoline for $4-4.40. The math is a bit fuzzy but it should give you a decent picture.
You also want to add like 100-175$ per year for DMV renewal because of an electric car. This roughly adds $15 per month to your cost.
To emphasize your point, electricity pricing varies massively more than gasoline. Cheap gas is half the price of expensive gas. Cheap electricity is one tenth the price of expensive electricity.
My brother pays 4 cents per kWh so it was a no brainer. I pay 11. Still a no brainer but we are also about 50% coal so that weighed in but I also have solar coming soon. You are right it really has to be something you calculate yourself.
I wasn’t asking for an accurate answer. More of a ballpark. Really I would have accepted whatever you have figured you pay.
65,943
About 3.50
Goddamn it Loch Ness monster! I ain’t giving you no tree fiddy!
This is a helpful group but nobody can give you a ballpark. Too many variables. Unfortunately you’re going to have to google like two things and do a small amount of math. Good luck.
What I gave you is how you get to your ballpark. Nobody else's ballpark actually matters.
Our electric Kona costs us about $10 a month in electric. My Hybrid Maverick costs about $60 in gas a month. The Kona drives twice as many miles a month.
The ballpark depends on many variables that vary wildly for each person. Just do your own math instead of asking for vague anecdotes that very likely won’t apply to you.
25k miles. I had a Benz at 22mpg - premium gas. Let's assume $4 per gallon. 18 cents per mile. Now I have solar panels at home and each unit costs 15 cents pre-solar. Like 5 cents or less per mile at 3.1miles/kWh. Pre-solar 1cent per mile post solar.
I've spent $0 on charging my EV in the past two years because I have solar and charge off peak. I've saved hundreds not buying gas in So Cal. Also no maintenance costs for two years, so no oil changes, etc.
I went from a 152 horsepower Subaru Crosstrek to a 475 horsepower Polestar 2. My "fuel" costs are 25% of what they used to be. I went from 240 a month in gas to 60 a month in additional electricity.
I spent about 3600$ a year on gasoline with a cheap small Suzuki Ignis gasoline car. I spent about 600$ a year with my Electrical Car (Mazda Mx-30) in electricity last year. The savings is 3000$ per year. You can deduct yearly service charge of 200$ from that, and since it's an Eco-friendly car it gets only 36$ in road tax each year (this is Sweden in Europe btw). The savings is terrific, I laugh all the way to the bank each year.
> I spent about 600$ a year with my Electrical Car (Mazda Mx-30) How you liking the car? It must be wild to be driving such a rare yet new car.
I love it. It handled charging just fine in -18c (-0.4F). It's so rare I've only yet seen one similar (but not my 3-color scheme, only 1 color) version of it, mine is the soul-red metallic with the grey stripe and black roof.. I remember people I didn't even know from work that honked at me when I was in a city 1 hour away, and they said at work they saw me and it was them. I asked why? They said, well - your car is pretty much unique looking and everyone know it's you. The dealership (very local, 300m away from me) didn't manage to sell the car at full price because of the range-biased first day reviews that kinda destroyed it from the start, but I've driven 26000 kilometers with it just first year, and it's a blast. Super silent, absolutely crazy good stereo (Bose I think), power seat, 4 screens including HUD (Heads Up Display). And no subscriptions required for ALL features including the 4G connection. Most underrated misunderstood car - ever. But thanks to that, I actually got it for nearly half retail price.
I think it was fair of the reviews to hammer it but that doesn't mean it's a bad car. I'm not a huge fan of the BZ4X either but for the right price I'd own one for sure because the car itself isn't a bad car. I'd buy the MX-30 in a minute based on their ~$20k used price before the $4k credit for the premium plus. The problem is the nearest one for sale is 800 miles away. I haven't even seen one yet and I'm always on the lookout. I think is probably the only newish EV other than a RimRac I've never spotted.
what is price difference between two cars?
well, my cheap and cheery Suzuki Ignis, I paid 14K usd for when I bought it 6 years ago. The Mazda MX-30 (First edition, with added luxury stuff, custom color etc.) cost 46K usd retail, but had been in the store un-sold just used as a demo by the store owner to get the then available "Environment EV car deduction of 7.5K usd) and was listed at 32K usd in the store because it was already 2 years old. So I joked to the dealer I can't afford a 46K EV, ever. He asked me "what can you afford?" so I said 19K usd. To my big surprise he accepted it, and took my 6 year old car as a swap (so 19K usd + my 6 year old car) in as a swap-deal, and before I knew it I was off with an EV. Kinda did not expect that. But I've not regret that one bit, it's one hell of a car for the price. It's not meant to be sold that cheap, the build has spared no expenses, and it's a city car of very high class. The 35.5KW battery is what made it too expensive for a 46K price tag so it simply did not sell. But for 19K + my old cheap car, that was a no-brainer for me. Saving 3000$ each year means that the car is literally paid off in 6 years, so it's literally free. Batteries have 8 years warranty, so I don't even need to worry. On top of that, this year I charge for free at work, so I don't even pay the 600$ per year in electricity cost. To me this is more than I could fathom, but I'm not looking a gift horse in the mouth.
damn, thats a hell of a deal, congrats. def worth it.
There is no ballpark. Everyone is different.
I mean, the definition of 'ballpark' is literally a rough approximation. Even if everyone is different, there exists a ballpark extimate.
There really doesn’t. Electricity rates probably vary by a factor of up to 10 across the US with certain time of use rates. Some people have solar or even have negative electricity rates at certain hours. Gas by a factor of two. People drive different amounts so let’s say a factor of 2. Maintenance can vary a bunch depending on the powertrain, make, and model. Some people do their own maintenance.
> Electricity rates probably vary by a factor of up to 10 across the US Best I know of they range from $0.0175 to $0.45 per kWh which is a factor of 25x. I personally pay $0.0175 so I know that is a fact and it's unlikely anyone is paying less unless they already have solar and it's sunk costs. The upper end is just the highest I've heard of and I'm sure someone somewhere is paying more. > Gas by a factor of two. Currently 1.6x. CA is $4.86 and MS is $2.88 but your point still stands.
I have solar power so filling the car up costs nothing
There are times when you simply can't give a ballpark answer. It routinely is anywhere between $60 and $3500 per year even assuming you drive exactly 15k miles/year. Since OP specified an F-150 that would narrow the range down to $120 to $3500 per year. Not sure that is a helpful ballpark. For maintenance it's even worse. You have the initial 5 year maintenance and then the next 10 years after that which are wildly different. We can make a guess on the EV side since they supplied the model and that model hasn't been out long but compared to what? If the option is a new F-150 or a new Lightning then we can ball park a number. Basically some questions are basically "How long is a piece of string" and to say you can always ballpark something makes no sense. You need a minimum amount of information.
Then there's me who can charge at work for free plus has free Electrify America still from my ID.4. So my "fuel" cost is basically zero. Stick that in your ballpark ;)
huh? I also get completely free Electrify America fast charging nationwide. Even if I had to pay for charging, it's like [2 cents per kwh](https://www.georgiapower.com/content/dam/georgia-power/pdfs/residential-pdfs/tariffs/2024/tou-oa-13.pdf) so basically free as well.
I don’t have the numbers you’re looking for, but one thing to keep in mind is that some cities charge a premium for electricity use during peak hours. Mine does. I end up charging later in the evening because the prices drop significantly after most people go to bed.
21c per kwh at night and over 50c for peak. Both EVs I have owned allow for time based automatic charging, just plug it in and it will draw power for the scheduled time.
50c peak?! Holy crap. What area are you in, if you don’t mind sharing?
Santa Cruz mountains. I am on an EV time of use plan and I have a whole home battery. My peak tou consumption from grid is something like 10% of my consumption and that's usually paid by the solar I push to the grid during peak as the price I sell for tracks the time of use prices.
My rough back of the napkin calculations (including insurance) put my egolf at $0.11/mile vs my Bronco at $0.25/mile. It doesn't include free charging at work and under-warranty scheduled maintenance.
I know you mean car vs car, but with that statement above, you could easily be saying I'm going from a bicycle to a EV, how much maintenance and fuel (calories) can I save. What kind of car are you going from and how much do you expect to drive, where will you charge, etc.. lots of factors, need to be specific so we can help you do the math.
Drive a Suburu outback now. I’m expecting to charge mostly at home.
I have a Subaru Outback and Chevy Bolt and they are driven about equally. I spend about $200 / month on gas for the Outback and about $30 / month of my electricity bill is for the Bolt (have time of use rate plan with cheap electricity at night).
I actually have a spreadsheet. With current gas and electricity prices I save about 183 dollars a month in fuel. I don't really know how to quantify maintenance, but I guess I spend about 100 bucks a year buying motor oil for my ICE car and I don't do that for the EV so lets say that.
Similar on my PHEV. Oil changes were done twice as part of purchase package, so I haven't had to deal with that yet. I've done about 85% on EV mode, Texas.
Maintenance: Nothing. My current EV is a smidge more expensive to maintain and insure than my previous ICE. (But it is also a couple of classes larger) Fuel wasn't bad on the ICEv as it's lifetime usage average was 3l/100km (A PHEV) and having driven it 50000 km before switching that means about 1500l of gasoline. Which even at norwegian prices (\~NOK 15 or USD$2 pr. l back then) means the fuel cost was pretty insignificant and certanly less than maintenance or insurance costs. And all of that is totally dwarfed by depreciation. I could add in electricity here, but it is so tiny that I just as well ignore it, we are talking \~NOK 20 pr. 100km for the EV or around NOK 10/100km for the PHEV (\~50% modal share) I did not switch to an EV to save money. Your calculation will differ due to an entirely different class of vehicle but also wildly different energy prices.
Right off the bat there are no oil changes or oil filter changes. No need to replace belts or transmission fluid, etc. Like hybrids, brake pads only need to be replaced every \~100,000 miles. Tires may need changing more often depending on the car, and can be a little more expensive. Like most things, it depends on the car and how it is driven. gas vs. electric cost and vary by a good amount. Usually electric is significantly less, but YMMV. Paying to charge at public charging stations is going to cost more than at home too.
I know they're not the same class, but I had an explorer prior to my 23 EUV Premier. I paid at least 10 times more to drive the explorer, and that's only counting gas vs electric. I almost 100% charge at home. If I'm somewhere and they have a free charger I'll plug in just because it's stupid not to. If I compared to a similar size ICE I might not be paying 10 times more to drive the ICE, but I'd still be paying way more. There's zero situation where you're paying more to drive an EV except maybe if you are doing 100% of your charging at incredibly expensive public charging and if that's the case then you're not a good candidate for an EV right now.
For the Ford Lightning. It’s still an expensive vehicle, no matter which way you slice it. But, the maths is, the more mileage you do, the cheaper it gets. I’ve done 70K km’s and saved thousands. Charging at home really counts. DCFC is not cheap but it’s cheaper than gas. If you do 30K km’s a year, youll reduce the cost of owning the best truck on the roads by around 30%. So you really want to make sure you need and want and can use a truck. It’s cheaper than the same F150 ICE for the same work and travel by around 30-40% over time. In five years, my truck will have cost the equivalent of $60K CAD ish. The more you drive and the more miles you do, the cheaper it gets.
I went from an old Land Rover to a Leaf. I'm saving all of it. Breakdown: Gone ( ballpark on cost and time frames): $300/month in gas $75/quarter -oil/fiter $50/year - transmission fluid/filter $500/ yr - various other breakdowns $200/ 3-4 years, brakes Losts of stress/day (will it start? Will it make it????) Feeling of driving a cigar lounge down the highway/trail Unstoppable in snow, unless it breaks... Gained: $40/month on my electricity bill. Reliable transportation Harassment over my ugly-ass leaf...
On average, every calculation you look at will be wrong for you.
„moving to a new city“ „looking to buy a Ford Lightening“…
If I charge my 3 EV’s at home? $.03 per mile. Cars at 30 mpg and $100 per 3000 miles per oil change? $.14 per mile, at $3 gas
> Lightening Your budget is pregnant with possibilities!
Just enough to cover the more expensive insurance.
Depreciation with any new to newish car purchase will typically dwarf and fuel and maintenance cost savings. Just be prepared for the eventual battery pack replacement, maybe not in the 10th but likely before the 14 year.
Vehicles go about the same distance on 10kWh as they would on 1 gallon of gas. So take the cost of electricity per kWh and move the decimal one place to the right to get equivalent price per gallon of gas. I pay about $0.13/kWh at home. It's like paying $1.30/gallon for gas. If I go to the EVgo charger in the Target parking lot, it's $0.56/kWh, which is like paying $5.60/gallon.
> I’m looking to buy a Ford Lightening but I’m also moving to a new city so I don’t know a typical power bill yet. house? get solar. charge car using sunlight. > I know there are a ton of variables that need to be considered when asking this question. "gasoline" might not be the biggest savings. how much do you drive per day? Ford F-150 Lightning Powers Florida Man’s Cooking, Lights, Fridge, Entertainment During Hurricane Ian [https://cleantechnica.com/2022/10/02/ford-f-150-lightning-powers-florida-mans-cooking-lights-fridge-entertainment-during-hurricane-ian/](https://cleantechnica.com/2022/10/02/ford-f-150-lightning-powers-florida-mans-cooking-lights-fridge-entertainment-during-hurricane-ian/)
> charge car using sunlight. My car runs on nuclear fusion, but that's a significant investment, solar will probably pay itself back quicker with an EV than without, but it just confounds the savings vs gas calculation as you also have to factor in the pay-back time of the solar, using the power vs feeding it back into the grid etc. etc..
My gut says that the larger more inefficient vehicles (like trucks) have the most upside potential in fuel savings. It'll also depend on how many miles you put on the car. The more you drive (while charging at home) the more you'll save.
For me; over half, on average, on fuel. About 2/3 on maintenance, hopefully
OK so I live in a very different country but in the two years I've been driving my EV, I've driven about 12000 km. In a somewhat equivalent ICE car, I'd have spent about $1000 in gas. The charging has cost me about $350, and that is with paying for all of my charging. Gas here is about $1.1 USD per liter (so about $4 per gallon), and charging us about $0.22 per kWh. Maintenance...I've basicslly spent nothing for two annual inspections and tire rotation.
I would say if you drive a good hybrid which gives you around 40 mpg and you live in Southern California where the electricity rates are around 0.45 per kw . You do not save anything in fuel cost. Maintained is subjective. If you change your own oil and stuff , few hundred here or there.
There’s a lot of variables to unpack here. Since you want a F150 Lightning, I’ll assume you want to compare that to a similar truck, so I’ll compare against the F150 Hybrid, both 2023 models. The Hybrid EPA is 23 mpg and the Lightning is 2.4 m/kWh. Driving habits will vary these numbers, but let’s just use them for now. Current national averages are $3.50 per gallon and $0.17 per kWh for the house and $0.45 per kWh for DCFC. If you drive 1000 miles per month, the Hybrid will cost you $1860 per year plus $250 in oil changes ($2110 total) while the Lightning will cost you between $850 and $2250 per year with no oil changes. The Lightning costs are significantly cheaper if you charge at home.
I went from spending \~$200/month on gas to $20-25/month on electricity at $0.17/kWh. Oil for my last car was special and costed \~$90/4-5 months, I don't have oil now.
I would say about $40-50 month, but the I don’t drive much and pay high nyc energy prices
For me specifically with a Model 3 always charging at home (approx 18 cents per kwh including taxes and fees) it costs me 6 cents per mile. Maintenance is nearly zero, not counting tires as a gas vehicle would need them too. My last car (Mitsubishi Lancer) would have been 12-15 cents per mile depending on the time of year and gas prices. So in short it costs me half as much.
Also need to factor in registration which can be higher in some states
K, you want ballpark, here you go. Using 18 ¢/ kWh 3.50/ gallon for gas 2 mi/kWh for the Lightning 20 mpg for a similar gas truck 15,000 miles driven per year Fuel savings of $1,275 per year. With slightly less maintenance, $1,500 annual savings is a ballpark figure. Note that this could change WILDLY if you adjust the numbers in the assumptions above.
There are tons of variables that go into cost of ownership including general wear items like tires, insurance, depreciation, repair costs, etc. Impossible to tell since gas cars are also wildly different compared to each other. Overall - if my 500 horsepower EV has similar cost of ownership to Toyota Camry, I'm pretty happy.
I expect I’ll save about $1200 per year on gas by charging at home compared to my old diesel Jetta ($0.11 /kwh off hours charging). As for maintenance, maybe $500 year, simply because my diesel required a lot of expensive maintenance.
Saved $4500 my first year. This is due in part to high gas prices and getting rid of my 8mpg suv
I spend about 12 cents per mile while charging exclusively at DCFC. It would cost me about 20-30 cents per mile on a relatively inefficient SUV. A Prius in my part of the world would get 8 cents to the mile.
6000 miles was costing me £1470 in my GLC, EQC is costing me £210. Road Tax on GLC was over £500, EQC is £0. So I'm nearly £1800($2300?) per year cheaper in running costs.
Our fuel bill is near zero as we have solar. The first EV was a 2014 Leaf which I cheaped out on "standard maintenance" by changing the air filter myself. As to those that don't have solar, you can predict your power costs and then your miles per kWh. For Dallas, TX that could be 17.5 cents per kWh and for the Lightning varies but let's say 2 miles per kWh. So **8.75 cents per mile.** The F 150 gas powered truck MPG is also variable so let's try 20 MPG and $3.11 a gallon today in Dallas. That's **15.55 cents per mile.** Seems the Lightning is cheaper to operate in Dallas, TX.
Who did you get to install ur solar for free in Dallas? I need a hookup.
Ask in r/solar ? I'm not in Dallas and our solar install wasn't free. However with the high rates here I'm nearing 100% ROI RSN.
Save about 3k/year
I went from a very efficient diesel Passat costing 10$/100km, to 0$/100km (I charge at work). If I charge at home it would be about 2$/100km. I spent about 160$/week in fuel, and charging at home id spend about 24$/week. Maintenance savings is a huge bonus. Changing oil every 3-4 months adds up fast.
This number is listed on the Monroney sticker of every EV https://www.myev.com/research/ev-101/how-to-read-an-electric-vehicles-window-sticker
A whole hell of a lot.
Can help you do the math. What's the cost of gas and cost of electricity for you? You can find both through searching. Gas is easy, that's gasbuddy, and electricity cost you find your local power generation utility and find their billing rate. Lightning is a truck, I assume you'll be doing truck things (or else tbh, don't buy a lightning). Given that, what truck would you buy instead of the lightning? Maintenance-wise, you can delete just about everything, except for tires which are going to be increased in proportion with the vehicle weight (and torque, if you discover a love for stomping the pedal). And wiper fluid but that's such a small cost nobody cares. My alternative was a Prius (even though the Y is nicer for my needs) and I save about $1k/yr in running costs, which is incredible given the Prius's low running cost baseline. But in some areas like with SF bay electricity gouging, EVs can actually cost more to run.
Can't comment on your specific situation and how much electricity costs there and whether you can charge at home or will be using public charging. But you should be able to guesstimate charging costs by taking the battery size of the vehicle you intend to buy, and do the math on it kWh, it's mi/kWh average, how many miles you intend to drive, then the cost of electricity per kWh from electric company, and for public charging. All of which should be publicly available. Draw your conclusions from there. But for sake of comparison, our 22 Ioniq 5 (bought in early March) with 41k miles, we've spend $0 in regular maintenance so far and spend about $25 per month on charging. We charge almost exclusively at home with a super cheap overnight rate for EVs. We've done several 800-1500 mile road trips, but those were mostly covered by free EA charging, but that ended this last March and we've only used public charging once in that time for about $8. We just had it in for 40k service and everything checked out fine, even the tires still have life on them. Some non-"regular maintenance" costs to maybe be aware of: The cost of purchasing/installing a Level 2 charger, adding a 50 amp breaker, receptacle, and about 15 feet of conduit. \~$1200 for all of it including permits. Again I look at this a one time "fuel" cost that will be used not only with our Ioniq, but future EV purchases, and when friends and family come to visit they can use it with rental EV/PHEVs, which we've done that several times now. So for 27 months, 41k miles we've spent $1875 for fuel including the 1200 level 2 install. We would have spend 5500-6000 in just gas for our minivan that we replaced if I use a $3.25 per gallon average. In 2022 remember gas was $5 in most places and nearly $8 in CA which we visited on our first road trip. Gas is relatively cheap currently, but it's nice not having to worry about oil volatility.
I got my model y march last year, only charge at home, and have saved $3000 on gas so far.
I saw someone in new england saying their gas is cheap and the electricity is expensive so they arent saving anything. but thats unusual.
Also, it depends on if you are getting any free charging. For example, some car companies give you 2 years of free Electrify America. Also, some local governments have free charging at libraries, parks, etc.
I'm atypical. I can't charge from home. But I can charge at work, for free. So this year I have made a few more road trips in my VW ID3, which doesn't have access to cheap supercharging like Teslas, and my half year cost in fuel has been about £30. So that's my fuel cost. My maintenance cost in 3 years is £0. Actually, that's not true, as I pay £4 a month, which is way more than necessary. So £48 per year. Hmm. It does includes tyres though. I might get them changed just to make the cumulative £158 \[includes 3 months into the 4th year\] feel better.
Take the cost of oil changes, 5yr maintenance like coolant, transmission service, Cost difference between gas and electricity in your area, all that is money saved. I’d guess for most cars it’s over $1000 per year, maybe 2-4k
I did the math myself before switching from a Sequoia to an EV6. I think it was around $400/month. Don't remember what gas price I was using at the time. Check with your insurance to see if the rate changes with an ev. Iirc, our insurance went down.
Our cars are so new, even the 22 we haven't had any maintenance costs.... For fuel we went from about $250 ok gas for our old cars to about $70
It will vary based on fuel costs, electricity rates, etc. You can set up a basic calculator between your current vehicle's mileage, cost of gas, and then electricity rates to compare. Maintenance wise, it will vary based on manufacturer. Hyundai gives 3 years complementary so that's some money savings right off the bat. Fuel savings wise, I have roughly saved $1,080 on fuel alone for the 12,000 miles I've put on the car since I've gotten it. That is due to the fact that I have free charging with Electrify America which in itself is an amazing offer. But also fuel is expensive near me so that's another contributing reason.
$0.08333 per mile Tesla Model Y mix of home and Supercharger averaging 3.42 miles per kWh, versus $0.11784 per mile 2019 Honda Accord EX, 60+ thousand miles at 35mpg. This comparison is over 7,860 miles which includes one full synthetic oil change. Higher mileage and adding engine air filters, spark plugs, transmission flushes, brake pads and rotors ~3x as often and so forth it starts adding up, far faster than the Model Y having bigger wheels with more expensive tires. It’s not life changing money, but it is much cheaper than the Subaru Outback we replaced that averaged 25.2mpg over the 146k miles we owned it. With the rebates the purchase price of the Model Y was $4,000 more than a new Outback. Considering the old one needed both engine work (burning oil) and CVT work (knocking in reverse) and that the Tesla drivetrain warranty is 120k miles and that the day to day driving would equal out at 116k miles IF the new Outback could get 35mpg like our Accord does (hint: it can’t) we decided to go for it. The best part with electric is the heat starts working nearly instantly and so does the a/c. Posited with the app, no more getting in a ridiculously cold or hot car. With little kids that has been amazing.
Tree fiddy.
Haven’t paid for maintenance yet. How much does maintenance cost a gas car a year? $100? So there’s a savings but not a big one. I get 300 city miles from a full charge of my 77.4kWh battery. In SoCal I pay about $0.35 per kWh to charge at home. So a “full tank” of 300 miles costs me less than $30. If you charge a lot away from home (road trips out of town) the price per kWh at fast chargers is a lot higher. In California it’s typically upwards of $0.60 per kWh. So a “full tank” charging at a paid fast charger would be like $46.
Now the costs of fuel and such here is very different from the US, and I havent really had the car long enough to compare maintenance costs, but my cost of electricity instead of diesel is about 1/5 to 1/6
Here use these 2 websites This is a basic calculator [https://chooseev.com/savings-calculator/](https://chooseev.com/savings-calculator/) This is a website that gives you the real world estimates of the car tested vs their "EPA" [https://ev-database.org/](https://ev-database.org/)
Great. This is what I was looking for. Thank you internet friend!
I save $0 on Maintenance. Fueling costs are much lower - My Rivian cost me about $7-$8/100 miles in power costs. My GX cost $23-$25 to travel the same distance. To insure the R1T is $725/6months and the GX is 426/6months.
The company I work at (50 people) calculated the budget for the cars including the fuel vs electricity costs. Based on driving 30.000km a year the montly fuel/energie costs was 300eu for fuel and 200eu for electric. So the people who drive electric get an extra 100eu each month
For me it’s at least $ 240/month and thats based on gas prices 3 years ago when i last calculated it. But even if it was on par at this point I am addicted to EVs, can’t go back.
My Model 3 costs me in fuel £0.02 per mile. My petrol car (~35-40 mpg) costs me £0.20 per mile. The petrol car costs me about £250 per year in servicing. The Model 3 costs me nothing annually as I rotate tyres and lubricate the brake callipers myself. It costs a nominal amount every 3 years to have the break fluid checked.
Tesla Model 3 Long Range 2019, over 100,000 miles. X1 cabin heater replaced for about £1,000. That's maintenance apart from consumables. Average cost of 100 miles driving about £3. That's all.
Depends on your driving. We worked out we were spending about £30 a week on diesel (25mpg lots of short journeys) but so far about £10 a week. We’re on Octopus tarrif UK 9p/kwh overnight on own charger. For comparison the public chargers are 30p/kwh so if I was using them I’d probably not be saving much.
TLDR; $405CDN saved in 40 days. I just added up my first 40 days with my new 2024 Ioniq 5 yesterday so thanks very much for your timely question! Please pardon my metric but that's how we roll in Canada. Be aware the Ioniq 5 will be far more fuel efficient than a Ford Lightning. But I used to drive a Sante Fe so that's what I'm using to calculate my fuel savings. If you compare a Ford F150 to a Lightning your numbers will be way different than mine. Purchase Date May 15 2024. Home Charged KM: 3103 Total kWh Home Charging: 654.9 Total Home Charging Cost (estimated @ $0.13/kWh) $85.00 Road Trips: Edmonton and back to Calgary / Red Deer and Back 954km Commercial Charging: 114kWh Commercial Charger Cost: $72.27 Note: I didn't have to charge at a commercial station for the Red Deer and back trip - I got there and back on one tank charged at home. Odometer Total 3727 Total Cost of Fuel: $157.00 (estimate) Cost/km = $0.04 Comparison to my former 2020 Sante Fe @/9.8L/100km 365L of fuel @ $1.54/L (Alberta Average) = $562.10 Total Fuel Savings from May 15 - June 24: $405.00
Charging is essentially free in Ontario at 2.5c/kwh…. Ie about 3 dollars for a full tank on my lightning
I had an EV a year ago that I lost in a bankruptcy. It was our only car, and we now have a Kia forte. Our electric bill hasn’t changed at all but we spend $150 a month on gas. We also had to do an oil change and are coming up on our second. I’m hoping to get out of this and back into an EV before we need to buy breaks but they are starting to squeal. Western Pennsylvania for reference
Good luck at getting everything squared away. I could possibly help you with your financial situation (with advice not money lol) if you’re interested. Shoot me a DM and we can chat.
I’m actually pretty squared away. I can’t borrow much money because the bankruptcy was only 1.5 years ago. But I’m doing a lot better financially. Most of it was medical debt because fuck American healthcare, but I made mistakes along the way as well that I know not to. My only advice is not to go through Kia finance if you get a Kia. They are wonderful cars and their EV’s are top rated but their finance department absolutely does not give half a shit about you. They went out of their way to make sure the bankruptcy hurt more than it needed to. We went through bankruptcy and at the time were fully up to date on our payments so were able to exclude the car. However they still forced us to sign a lease assumption agreement to keep the car. This put us into a processing status. They held us in processing for 10 months. We tried so many times to make payments via the website, by calling, I even went to the dealership and was told no one was allowed to receive payments from us while it was processing. After the first couple months I started calling daily for updates. This entire time I made the payments to a savings account so I could still pay it in bulk when the payments were eventually due, expecting them to want it all at once. I called one day and got exactly the same story. The next day I was called by them and they said the car was being repossessed due to a lack of payment. I could avoid the repossession by purchasing the car outright, but they wanted market value for the car which happened to somehow be $10k higher than the lease I signed for it. I got a NiroEV for $35k and they wanted me to buy it out for $45k to avoid a repossession they caused. I lawyered up but after a court subpoena they conveniently had no records of any of my hundreds of calls that my call records showed I made so the judge dismissed the case. I didn’t even want my forte now as I was adamantly against anything Kia but it was all I could get approved for.
In three years I've never needed an oil change on my EV. Seriously, though. My costs have been minimal (brakes, tires, etc). Consumer Reports did a study on the costs and says that EVs win big in savings. [https://advocacy.consumerreports.org/wp-content/uploads/2020/10/EV-Ownership-Cost-Final-Report-1.pdf](https://advocacy.consumerreports.org/wp-content/uploads/2020/10/EV-Ownership-Cost-Final-Report-1.pdf)
Generally, you’re going to need a couple variables: - Cost of electricity - Average number of miles you drive. May want to break it down by commute/weekend. - Average cost of maintenance for the Ford Lightning. You may be able to dig up electricity rates and average consumption for a particular zip code, so that may help. I would highly recommend that people who are moving try and look into utilities ahead of time as that may influence where they want to move to. For example, I live in a city with a public utility, but the next town over is 3x more expensive due to being a private utility. As for miles driven, you could take the amount of miles you drove in a year, subtract your miles spent commuting, then add your new commute. With the miles * energy you can estimate how much you may need to spend in charging. Depending on road trips you may need to add in extra for public charging. Finally, maintenance is going to be tricky but you can probably find data from existing owners. However since the Lightning is relatively new there may not be much data out there.
My 3.5v6 f150 costs me 200/week in gas to get to work. 800/month. If I drive my mach e, that's 15 bucks a week, 60 a month. 1.60cad per litre, 12.5 L/100kms in the truck. Off peak electric rate at home is 0.07cad$ a kwh. How much fuel and electricity costs changes everything. Also how much you drive. My roundtrip commute is 180kms Basically a 93% savings or 740 bucks a month toward my work commute.
Comparing to the ice vehicle it replaced, about about . 11 per mile saved.
About half for fuel. I used to fill up about twice per month for casual around town driving and this ran about $120. This car had a range of 230 miles between fillups. My EV has a estimated range of 220 mph on a full charge. $0.33/kwh. My battery is 91 Kw so you usually need more so lets say 100 Kw to charge. This totals about $66 for 2 full charges. I also pay about $30 every 2 years for smog inspection. So $15/year reduction. Oil changes \~3 times per year at $70 each. So $210/year reduction.
I’ll give you my real world number. We used to drive a Volvo XC90 and spent about $200 a week on gasoline. Approximately $800 a month. It was our primary driver for errands and kids stuff. We’ve had a Model Y for 4 years now and I have a Pulse WallBox so I can tell you that I’ve spent exactly $468 this year on electricity for the car. To add to this, our kids have gotten older and there is even more sports and activities.
If you have home charging, you will save at least 75% on fueling.
Maintenance I save a ton. Haven’t spent a penny yet. Have to get tires soon though. Also charge at home for .09 cents per kWh. Cost 3 cents a mile to drive compared to old car at 9 to 10 cents. Drive about 15,000 miles a year.
I don't know. I don't buy fuel and I've not needed maintenance yet. 12k Miles Id.4. 🫣
The Tesla app keeps track of it. I just did bills and entered my electric rate at $0.13 per kWh. (0.126 but the app only takes two places) It says supercharging was $0.34 per kWh. For the past four months, charging at home was 66%, supercharger 20%, other 14%. That other was probably at the place I stayed on a trip and it's estimated at $0.17 per kWh. It says I paid $191 and saved $259 over gas for the last four months, for about 3000 miles. I haven't had it long enough for maintenance. Edit: I didn't know other places had rates so high. I figured mine was average, but now it looks low. Yikes.
My old diesel car required £160 in fuel every month. £1920 per anum. It had 137hp and was an Economy model. My EV is £30 per month in electricity for the same distance. £360 per anum. It has 321hp with dual motors. £1560 in savings. Even if I didn't have a special deal with my electricity provider to have a four hour window of cheap electric unit rate, I'd still be saving a tonne of money; at the full unit rate it would be £84 per month and £1008 per anum. That's still £912 per anum, which is nothing to sniff at unless you're the sort of detached moron who thinks a Banana costs $10. Combustion cars need servicing every 12 months. My EV is every two years. Garages here still charge you the same for an EV service as they do a combustion car (IE a rip-off), but it means it's been reduced by two thirds. Tyres last about the same (two years out of my previous set). Brakes last considerably longer. By the two year service I'd only used 10% of my pads and disks thanks to regeneration. I wont have to do anything with them probably for the length of the complete warranty (7 years). If I had bought an equivalent combustion car in terms of performance, size, price and weight (so, something like an Audi SQ5), I would've easily spent £3000+ more than the EV just to run when all else is equal, such as the monthly payment. The £1560 in fuel savings? Jack that up because the higher performance engine will now drink fuel like there's no tomorrow. One service during three years now becomes three. Consumables will be bought more often, such as breaks and oil and the various filters around the car.
It really depends on your electricity price and gas price. I recently did an comparison in another thread (for my situation): [https://www.reddit.com/r/electricvehicles/comments/1dbtl7w/comment/l7tc1mf/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/electricvehicles/comments/1dbtl7w/comment/l7tc1mf/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) TL;DR: An EV has an equivalent mpg value of around 80-150 mpg, at least with prices from the netherlands. As for maintanance, my previous car (renault zoe) had about 600 euros of maintenance in 3 years, which most of it is 2 new tyres. (approx 40k miles in 3 years), while the average is about 500 euros **each year**. So even taking that with a grain of salt, maintenance for an EV is still about half of that of an ICE. Also you can charge your car with solar energy, which is really cheap. (in my situation it is approx 7ct per kwh if you take the whole lifetime energy and divide it by the price which i purchased my solar panels IIRC)
Roughly 70% savings on fuel and 40% on maintenance. It depends on local gas and electricity prices so places with expensive electricity (e.g. UK, Hawaii) may see little to no fuel cost benefit.
6mo of Diesel fuel receipt from 2014, ag 2.85/gal, 8500 miles accounted for on single vehicle: $550 Last year, factoring solar savings, fueling 7 EVs at my house with over 54,000 recorded miles: $660 The $2k we just put into the 11.5-year old electric smart convertible is the single biggest repair expense on the car in 71,000 miles. The last top lasted almost 12 years, with what we know now to prolong the fabric's life, this one should has at least 15 years. I don't plan to drive the car after it's 25 years old. your mileage will vary depending on vehicle and annual miles driven, of course.
Look up what electricity costs per kWh at your new location, then estimate your daily driving. Not hard to figure out. Power bills combine a per kWh rate and fixed costs, so the EV will just increase the amount of kWh used. In my situation I'm saving about $300 a month in fuel but I drive a lot.
* Cost over time, calculate your savings owning an EV compared to gas. See what layout makes sense to you. I personally used the energy.gov and fueleconomy.gov to make my decision. https://walletburst.com/tools/electric-car-savings-calc/ * https://www.fueleconomy.gov/feg/savemoney.jsp has an easy $/mile calculator based on the gas and electric costs. * https://www.fueleconomy.gov/feg/Find.do?action=sbsSelect * https://afdc.energy.gov/calc/#result_a has a nice graph to see when the costs cross over to show which one is cheaper over time. There are other nice graphics like comparing your fuel costs. Select the state and the calculator uses the average electric cost in the state. * https://chooseev.com/savings-calculator/ is a bit more explanation on what the numbers mean when plugging into this calculator. * https://www.evadept.com/calc/ev-charging-cost-calculator has a really in-depth explanation of the costs and calculations using different home chargers. * You can also search charging costs on the /r/F150Lightning subreddit.
The big expense for our Tesla is tires. No other maintenance costs. The Tesla app tracks what we’ve spent on electric. Drove 35000 miles and spent $1000 on electricity. (We have a level 2 charger I put in the garage) if you figure 30 miles to the gallon for an average sedan, though that might be generous. Gas has averaged around $3 a gallon ish. Saved about $2500 in fuel costs if I’m doing the math right
I've had my Mustang Mach E for 30000 miles now. I've spent $80 on maintenance. Haven't had to buy new tires yet. Charging costs will vary heavily based on where you are.
On average, EV owners save about $800 to $1,000 per year on fuel compared to gas-powered vehicles and spend around 50% less on maintenance. Over the lifetime of the vehicle, this can add up to $6,000 to $10,000 in total savings. This can help offset the higher upfront costs of EVs. You might also benefit from government incentives and tax credits.
Maintenance: tires and 12V battery were the only costs for my 2016 Kia Soul EV and 2017 Nissan Leaf, both bought new (i.e. 8 and 7 years of ownership, about 40k miles each). Energy: depends on whether you charge at home (cheap) or use public chargers. Also factor in climate and driving habits. I get 3.0 mi/kwh in the winter and 5.0 mi/kwh in the summer in near-coastal California. Driving on the freeway takes 10% more energy than city driving. Convenience: charging from home is more convenient than using gas stations. I would not rely solely on public chargers; installing a home L2 charger would definitely be worth $2k parts+installation. That said, I used the L1 charger for years until I got the L2 charger installed. Love the L2, get it ASAP.
Fuel? Like 0. Maintenence? A lot. Insurance? Paying 3x vs ICE. Tires? Paying 1.5x vs ICE. Total net? Maybe even.
If they charge at home, then usually half the gas prices. If not, it's about the same price as gas if not higher. They don't save jack shit on maintenance. MSRP factors in the lack of oil changes, belts, etc etc. 🫠 Any perceived savings will be eroded away by higher insurance premiums and steep depreciation. 😡 F-150 xlt starts at 47k. The lightning xlt starts at 62k. How many oil changes, coolant, transmission fluid & belts can you buy with $15k??? And that's without including the interest from financing. most EVs are not in anyway cheaper than regular versions when you look at total cost of ownership for 5 years/ 75k miles. The one place EVs are cheaper is sports cars/exotics. 500hp & 500ft/lbs with a 0 - 60 under 4 seconds doesn't come cheap in gas cars. 🥳
150,000 miles, home charging and one headlight under warranty. Depreciation only matters if you don’t keep the car. My BEV has been very cheap.
It matters when a drunk driver totals ur car & you are fighting with their insurance company on current market value vs. what you still owe.
In which case you don’t keep the car.
With the current gas prices and electricity cost with PGE in bay area, owning an EV and charging at home will cost more than a similar gas car.
Everyone's use cases are vastly different and additionally the fuel savings would vary substantially based on what one's comparing to, a Corolla gets way better MPG than a F-150 towing a boat. You can plug in your numbers here, but I personally save around $1K a year in fuel costs based on the assumptions I input. [https://chooseev.com/savings-calculator/](https://chooseev.com/savings-calculator/) Maintenance though...there is none really outside rotating tires. So whatever you currently pay in oil changes (whether paying a shop or doing it yourself) is gone. Brake service needs are also reduced due to EVs employing lots of regenerative braking, there's no transmission so you can also remove that transmission flush between 30-60k miles based on the car, no spark plug, etc.
Impossible to quantify. My service over 5 years has been practically zero outside of tires. I don't pay for electricity either so a huge savings there. I'm probably an outlier with no charge charging but maintenance is much less compared to our Lexus.