- Electric cars have lower fuel costs in every US state
- There is a large difference between states in the price of electricity compared to the price of gasoline.
- Electric Vehicles Have the Strongest Advantage in Idaho, Washington and the Northwest
Fluctuating gasoline prices could cause internal combustion cars costs up to six times higher drive an electric car, but savings potential may vary in different parts of the country.
According to the Department of Energy (DOE), the Northwest is the region of the United States where electric vehicle owners save the most money compared to filling up their cars with gas. That’s based on an analysis by Argonne National Laboratory, which estimated cost savings from replace gasoline cars with electric cars of the same sizewith analysis including ZIP code-based information on electricity prices and gas station prices.
Potential fuel cost savings from switching to electric vehicles, by state (via DOE)
Idaho and Washington state shows greater cost savings potential, at Save over $0.14 per mile. California and Alaska are close behind, with lower savings potential primarily in states in the South and Northeast.
The combination of low electricity prices and high gas prices may contribute to the higher cost savings in the Northwest, according to the DOE. That region also has a larger pickup truck population, as the DOE has previously pointed out, The most economical is EV.. Larger cars consume more fuel, and the more fuel a car consumes, the greater the cost savings from switching to electric.
Ford F-150 Lightning 2024
Switching from gas guzzlers to electric vehicles will also have a bigger immediate impact. impact on total fossil fuel consumption and emissions. Consulting firm Wood Mackenzie reported in May that electric vehicle sales growth was on track halve gasoline demand by 2024on a global scale.
Saving electricity over gasoline may help lower the cost of ownership for electric vehicles, but that’s only part of the picture. The initial purchase price of electric vehicles is still generally higher than that of internal combustion vehicles, despite the lithium glut. can erase that in a few years. EV is still available. more expensive to insure compared to comparable gasoline vehicles.
