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Electric Vehicles are One-Tenth to Half the Cost to ‘Fuel’ Compared With Conventional Gas-Powered Vehicles

WASHINGTON July 12, 2011 the United States

"In all scenarios we studied, the costs to recharge an electric vehicle were cheaper than fueling a gasoline-powered car. In the most likely EV charging scenarios, costs were approximately one-tenth to half the costs of fueling a conventional vehicle with gasoline," according to Northeast Group, LLC. The cost analysis looked specifically at "fueling" expenses, and did not consider other operating costs of vehicles.

$40

"United States Smart Grid: Utility Electric Vehicle Tariffs," California Georgia Michigan Nevada Oregon Texas

Ben Gardner

[email protected]

Washington, DC www.northeast-group.com

SOURCE Northeast Group, LLC

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