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What’s It Cost to Fill Up an EV?

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Would you like to pay $2 a gallon — or a lot less — for gas? If you drove an electric car, that’s the equivalent of what you would pay for the electricity to charge the battery.

That estimate comes from Southern California Edison, the power company that supplies some of the electricity I use to recharge my 2021 Hyundai Kona EV. I say “some” because the rooftop solar panels on my house help to charge my car. During the day, electricity from the sun goes right into my car’s battery. It’s like magic.

While a $2-a-gallon equivalent sounds nice, it’s more impressive when you look at the lifetime savings. Over the anticipated 15-year life span of a vehicle, the electricity to run an electric vehicle can be as much as $14,480 cheaper than fueling a gas-powered car, according to a study done by the U.S. Department of Energy’s National Renewable Energy Laboratory and the Idaho National Laboratory.

I’m not singing the virtues of the low cost of EV charging to score eco-points. I just want people to understand what I think is one of the great advantages of driving an electric car. For a cheapskate like me, it was a welcome surprise that recharging could be so cheap — sometimes even free.

On the other hand,........

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