AlanSubie4Life
Efficiency Obsessed Member
This is a really easy calculation if you know the wall-to-wheels efficiency:I wonder what is the theoretical break-even for an ICE car vs a EV. Because California will probably approach it in the next few years if their ~20% rate increase goes in on top of the other increases they'll probably impose for the helluvit over the next few years.
Like if electricity hits $0.70 per kWh, does that kind of wash out as equivalent to 300 miles on gasoline? A reasonably economical 4 cylinder sedan getting 25mpg vs an EV with a 300 mile range on 75 kWh?
EV: Wall-to-wheels Wh/mi * $/Wh. (Something like 300Wh/mi*$0.7/kWh = 21 cents/mi for your example)
Gas: Price per gallon / MPG. (16 cents/mi for your example assuming $4 per gallon.)
Regarding the high cost of electricity at peak rates, note that much lower rates will likely continue to be available at night for most owners. However they are likely to push AC use into higher marginal rates for some plans (there are so many ways plans can be written) so it would potentially hurt owners without solar production.