How Expensive is it to Charge an EV at Home?
How Much Does it Cost to Charge an Electric Vehicle?
The electric revolution is coming for the global automotive industry. Within the next few years, every new vehicle brand carried by Southside Dodge will have an electric or hybrid model available to buyers. In fact, we have already seen a few early examples of this commitment to a greener and more environmentally sustainable future with the 4xe versions of the Jeep Wrangler and Jeep Grand Cherokee. Even Ram will be pulling back the curtain on an electrified version of its full-size pickup truck very soon. Cost is always a concern when new technology hits the market. Let’s take a look at some price estimates for charging electric vehicles.
READ MORE: Learn More About the Jeep Wrangler 4xe
Is Electricity Cheaper Than Gas for Cars?
Alberta residents typically see electricity bills averaging between $100 and $106. Charging an electric vehicle isn’t likely to add very much to someone’s utility costs. According to Autotrader.ca, a small hybrid SUV will cost a little less than $5.50 to add 100 km of driving range. Most Canadians only travel about 40 km per day. The savings become pretty clear.
Natural Resources Canada has a tool that very clearly outlines the disparity between the costs of charging an electric vehicle and filling up a gas tank. Check out this table to learn about the yearly cost of filling up some Jeep hybrid platforms.
|Electric-Only Range (km)||Fuel Consumption (L/100 km)||Monthly Avg. Fuel Cost (CAD)|
|2022 Jeep Grand Cherokee 4xe||42||10.3 / 9.7||$127.33|
|2022 Jeep Wrangler 4xe||35||11.6 / 11.9||$151.17|
Can You Charge Your EV at Home?
Rising costs for everything from basic services to energy have become a major concern for a lot of people. It might seem counterintuitive to talk about fundamentally changing the way we travel during a time when there is so much uncertainty. However, owners of future Chrysler, Dodge, Jeep and Ram vehicles are likely to save so much on fuel costs, it’s reasonable some people will wish this happened sooner.
It’s difficult to exactly determine how much it will cost to charge a future electric vehicle because the price of energy fluctuates and it can carry a higher or lower price depending on what time of day someone has their vehicle on the charger. Additionally, people who will eventually own one of the coming Chrysler, Dodge, Jeep, or Ram electric platforms can purchase an official MOPAR charging unit from the Southside Dodge Parts Department. These units may require professional information, which will have an additional modest cost. Some of that cost may be lowered with the help of tax credits, if available.
Stay tuned to the Southside Dodge blog for the latest updates about the future EV lineup. If you want to get ahead of the game and start shopping for at-home charging options, stop by the Southside Dodge Parts Department, today.