When considering switching from a gas-guzzling car to an electric vehicle, some drivers may be put off by the high upfront cost.
However, TikToker Ray (@teslaxplored) broke down the true cost of driving an electric car compared to a gas-powered one, or in his words, “that’s the math no one wants to talk about.”
Simply put, anyone who stops at the price tag is not seeing the whole story.
Electric vehicles typically cost more to purchase, but they can save owners significant savings on gas bills for years to come, especially if they charge at home rather than using public chargers.
For EV owners interested in saving money by charging at home, Qmerit is a great option to help you get started installing a Level 2 charger.
“Take an SUV, for example, a gasoline SUV,” Ray said. “To fill up, typically people only pay about $250 a month for gas. If you stretch that out to five years, that’s $15,000. After five years, it’s $15,000 for gas alone.”
Ray continued, “Now add in oil changes, timing belts, maintenance, etc. – all that other stuff – that costs a lot of money.”
Ray explained that he only spends $40 to $60 a month to charge his Tesla, and the maintenance costs are low.
But the savings extend far beyond natural gas. Electric vehicles also require much less maintenance than gasoline-powered vehicles.
In addition to significant cost savings, people who choose to drive electric vehicles instead of standard cars powered by internal combustion engines benefit the environment by reducing emissions of planet-warming tailpipe pollution that contributes to rising global temperatures.
Pairing solar panels with a Level 2 charger will maximize cost savings and reduce pollution. Qmerit offers free estimates for homeowners installing charging technology, starting with asking a few simple questions about their electrical panels and garage.
Homeowners looking to save money with solar energy should check out TCD’s Solar Explorer. The portal can connect you with vetted partners who can help you understand your available options and streamline the process.
Solar Explorer can also help homeowners compare bids from local installers and save up to $10,000 in related costs.
One commenter who apparently agreed with Ray about saving money posted, “People who are good at math will buy electric cars.”
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