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Due to cost reductions, efficiency, and new technology, many people are being brought into the electric vehicle stream. One can improve ecological issues while cutting their energy bills in multiple ways nowadays. Some begin with a few solar panels, then add more, and then add one or two battery storage units. Some begin by buying an EV, starting a garden, or adopting a vegan diet.
I have no doubt that my views on the economic efficiency that an EV offers astound some people. It varies from EV driver to EV driver, but one can save a lot of money driving an EV — something many people haven’t yet learned. The savings available vary based on several factors, including the EV chosen and how “fuel efficient” the car us. With more EV models than ever, there’s also growing variation in how efficient the vehicles are.
According to the U.S. Environmental Protection Agency’s fuel economy website, electric vehicles (EVs) currently have an MPGe range of 53 to 140. Gasoline vehicles, including classic hybrids, vary from 9 to 57 MPG for model year (MY) 2024. Although EVs are more efficient than internal combustion vehicles of comparable size, the amount of power consumed per mile varies greatly.
For MY 2024, EPA consumption ratings for combined city/highway cycles ranged from 1.49 to 4.17 miles per kWh. For people who live in places with high electricity rates or long commutes, this could be a major financial factor. Unless they go one step further and install a solar system! They can then benefit from reduced electric bills (even to $0) and many discover that they can recoup their investment after a handful of years — and even quicker driving EVs!
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