The Union of Concerned Scientists has released a new study that finds it is cheaper to drive an EV than a conventional car — about $770 a year cheaper, on average. Let’s begin by acknowledging that numbers can be interpreted in many interesting ways and those savings may or may not apply to you and the way you drive. But looking at American drivers as a whole and adjusting for regional variations in electricity costs and other factors, that’s the number the UCS says it is comfortable with. The study looked at electricity prices in 50 metropolitan areas in the US and researched what off-peak rate plans were available. It found that savings if a driver uses electricity instead of gasoline range from a low of $443 to a high of $1,077 a year. The difference between rates for electricity during peak periods and off peak periods ranged from $0.03 per kilowatt-hour to $0.21 per kilowatt-hour. You can investigate the city nearest to where you live by clicking on the link above. Tesla was impressed enough by the report to tweet about it to its millions of Twitter followers.
— Tesla (@Tesla) November 30, 2017