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Will not save any money on "fuel" with PG&E

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I tried running some examples using PG&E's calculator to estimate cost of charging my future model 3 at night at home (condo). If I purely charged at the low rate time (11pm to 7am) then it would still cost me ~ $50 per month (vs. ~ $60 per month of my ICE). And given at 110 volt connection, I'd likely want to charge a bit out of the low rate period as well.

Still a small savings, but not much. I am a bit disappointed by this. Am I missing something?

PEV Calculator
 
I tried running some examples using PG&E's calculator to estimate cost of charging my future model 3 at night at home (condo). If I purely charged at the low rate time (11pm to 7am) then it would still cost me ~ $50 per month (vs. ~ $60 per month of my ICE). And given at 110 volt connection, I'd likely want to charge a bit out of the low rate period as well.

Still a small savings, but not much. I am a bit disappointed by this. Am I missing something?

PEV Calculator
You need to do your calculations based on PG&E's EV rate plan. I live near you. I pay about $0.11/kWh at off peak times. If you charge during that time you will definitely save a lot compared to paying for gas.

Your real problem is that you apparently are limited to charging from 110V. That means that during an 8 hour off peak period, for example, you can only get about 24 miles a of range. Unless you have a very short commute, that obviously isn't enough.

Have you spoken to your landlord about getting at least a 20A/240V outlet installed? That is the minimum needed for a decent charge rate. 40A would be much better.
 
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as per your location,

if youre in the bay area at 12 cents offpeak on EV-A, youre looking at 1/3 of your gas price. but like someone else suggested. its not ideal to charge off 110V. id get a NEMA 14-50 installed somewhere if you can.
 
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I've also been doing "fuel" cost comparisons in preparation of getting a Model 3. In SDG&E territory, the numbers are even worse. The off-peak EV rate is $0.21/kWh. Therefore, I'm planning to get solar. For a reasonably sized, purchased system (6kW+) and assuming a 25-year lifetime without unexpected repairs/maintenance (probably a bit optimistic) and full use of the 30% tax credit, the equivalent kWh ends up in the $0.05/kWh to $0.07/kWh range. It's definitely something to consider, especially in areas with expensive electricity.
 
I've also been doing "fuel" cost comparisons in preparation of getting a Model 3. In SDG&E territory, the numbers are even worse. The off-peak EV rate is $0.21/kWh. Therefore, I'm planning to get solar. For a reasonably sized, purchased system (6kW+) and assuming a 25-year lifetime without unexpected repairs/maintenance (probably a bit optimistic) and full use of the 30% tax credit, the equivalent kWh ends up in the $0.05/kWh to $0.07/kWh range. It's definitely something to consider, especially in areas with expensive electricity.

You should budget the cost of at least one inverter replacement into your calculations since they have an average lifespan of 10-12 years and never (AFAIK) make it 25 years.
 
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In addition to the comments above re calculations using $0.12/kWh -- even if you are driving a Prius the savings should be significant -- you might also consider whether you can save money by shifting some high consumption uses to off peak.

For example, I use the delay function on my dishwasher to run it off peak, try to avoid doing laundry in peak hours (not difficult) and a few other things, and my electricity bill has actually dropped since owning a Model S despite much larger total electricity use. So in effect I pay no fuel costs and in fact get a small subsidy to drive an EV.

My use case is probably not typical as I had a significant amount of Tier 3 charges on my old plan and also do some charging at work, but the ability to shift high consumption uses to off peak is definitely worth factoring in if that's an option for you.
 
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Why is this so important?
Don't you have solar or wind or water energy?
You live near the ocean-wind would be the way to go.
Is your energy coming from green energy?
Asking the more important question is more relevant than the price of it!
Worrying about the cost of electricity tells me more about you.
110v outlet charging tells me a ton about you.
Please get help! I hope you don't drive more than 40 miles a day otherwise buying any EV is a complete waste to you.
 
The more you drive the more it makes sense. If you currently drive a truck avg 20k miles/year it's a big difference. If you drive a small car doing 8k miles/year you're not going to save much in gas.
Also not sure how it is in your states but over here we pay $0.0X/kwh but there is also a delivery charge. If you have these extra charges don't forget to put those in your calculation or you're fooling yourself.
 
We have the EV A plan and while it can reduce electricity bills even with an EV, it can also have some very adverse consequences in the summer, when A/C use is high. For about half the year, our electricity bill is WAY higher than the combined electricity bill + gasoline costs with an ICE.
 
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You should budget the cost of at least one inverter replacement into your calculations since they have an average lifespan of 10-12 years and never (AFAIK) make it 25 years.

I hope that's only for string inverters! I have 39 micro inverters and I'm counting on the 25 year warranty they come with covering any issues. I'm still very early in at 500+ days but it's great knowing it's in place when I get my 3 next year :)
 
that's true about the AC. i am on EV-A and have solar; during the 2 days of 100 degree temps, i spent $16 each day on electricity. on a normal august day PGE would pay me around $3 per day, so it really hurt. for a short span of high temps, i think EVA is still OK as it was cheaper than it would have been on E1. however if i lived out in the san joaquin valley and 100 degree temps were a daily occurrence during the summer, EVA might be a lose.

the EVA rate plan has been messed with 4-5 times in the 2 years i've had solar. i think when i started the off-peak rate was 11c/kwh and now it's up to 12.25c/kwh. also, the peak and off-peak rates have increased by higher percentage amounts.
 
I hope that's only for string inverters! I have 39 micro inverters and I'm counting on the 25 year warranty they come with covering any issues. I'm still very early in at 500+ days but it's great knowing it's in place when I get my 3 next year :)

Well any inverter can fail, obviously micro inverter failure only renders one panel out of service.

Micro inverters historically have been quite expensive and didn't offer a warranty that long. I have 33 panels, so not sure what it would cost to convert from a string inverter to a micro inverter set up but I imagine it's quite a lot.
 
You should budget the cost of at least one inverter replacement into your calculations since they have an average lifespan of 10-12 years and never (AFAIK) make it 25 years.
I have a solid state inverter I hope will last as long as the panels. To add to the uncertainly though, how much will an inverter cost 12 years from now ?

Or I can pay $160 today for a 20 year warranty.
SolarEdge is either very confident in their long-term costs or expect to be out of business ;-)
 
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Ouch those are some high rates... I live in Wisconsin and have off peak power rates of $.07/KWh . I calculate I'll save a significant amount of money even factoring in the significant increase in driving we plan on dong.
Those high rates only concern people in CA who cannot buy PV. And those who can, view your rate as high ;-)

I volunteer locally with a group that puts up home PV. I'm pretty sure that final installed costs are approaching 70 cents a watt after tax credit, so under 2 cents a kWh lifetime and getting under 1.5 cents a kWh for those with excellent solar locations. If you are inclined to some creative accounting and figure the PV would be bought anyway for the home, the marginal cost to add some panels for an EV can be as low as 0.5 cents a kWh lifetime.

I tell people that I pay 0.5 cents a mile for my EV fueling but it is less. I don't want them to doubt me or feel tooooo bad if they realize they are paying 15 cents a mile for the ICE pig.
 
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