The economics of electric driving are not apparent until you dig into the numbers, then you find out why electric drivers are so happy. While gasoline prices fluctuate with the OPEC market place; electricity is a regulated commodity. With ‘normal’ Leaf driving (not heavy footed :-)), you can expect to get about 4.1 miles to the kilowatt. Palo Alto Utilities, where I live, has a three tiered rate which at the top end costs 18 cents per kilowatt.
Continue reading “The Economics of the Total cost of ownership of Electric Cars”