Where’s the savings!!!!

[davehu]

When I reached 10k miles (about a year) I did a report. I charge at home. live in Arkansas so it's get's cold but not a lot, but plenty hot in the summer. All local driving charging at home ($0.11/kwhr): total electricity cost was $573. My previous truck, 2012 Chevy Avalanche cost me $1667 in gas alone saving me about $1,100.

If I take a trip DC fast charging it costs actually a little more than my Avy as it got better mileage on the highway where the Lightning gets less efficient. For the few trips we take to Texas we'll take my wifes Honda Pilot (30mpg) unless I need to haul something.

Sponsored

 

[Meddle]

I gotta be honest. I have yet to see any savings from owning my 2024 Lightning extended range Lariat. The first month cost me roughly $100 to charge that was the month of December. January it looks like about $200 a month to charge. Can somebody please explain where the savings are?I love the truck but wow it’s expensive to power up!

My 2022 Ford Bronco has a 20 Gal cap tank and gets 17 Mpg running Premium Fuel in Texas @ $3.50/gallon. Getting ~ 340 miles total costing me $70.00 would mean $0.2058 per mile cost. (This doesn't include oil changes)

My 2023 Ford Lighting Lariate has an ER capacity of 130 Kwhr at 2.3miles per kwhr totaling 300 miles range. To get 340 miles at 2.3 miles per kwhr that would be 147.8 kw. That at a cost of $0.10 kw would be $14.78 total to charge at home ($0.05 if i do off primary time) which is $0.04 per mile cost.

The savings is every month -I wanna say I did the math last year and between gas, oil changes it was $4,000 for the year.
The issue I have is 1. the cost of a EV Lariat and ICE Lariat is like $8,000-$12,000 more for the EV. 2. Texas (and many other states) are more expensive to renew registration for EV ($300 a year versus $60 for ICE)

However - with solar+battery I rarely spend on charging in most cases so the savings are probably even better.

All in all? Hey man, it's a toy that gets you from point a to point b. It's got a great team at Ford iterating on releases and features.

 

[JvdMaat]

Just found this.. Drive-Electric Fuel Savings Calculator | Department of Energy
Which (when I plug in the MA prices for gasoline and electric) shows that an EV will save us -453.13 per year.

Helpful for others in expensive electric states to see what their actual cost of EV ownership will look like.

Sponsored