The Washington Post recently did an analysis of charging an EV vs refilling a car with gas. The data shows charging to be significantly cheaper.
A recent analysis conducted by the Washington Post shows that nationally drivers that charge their vehicles spend less money compared to drivers that refill their gas tanks. In all 50 states and in all three popular car types (trucks, SUVs, and sedans) it was cheaper to use electrons over fossil fuels. Zooming in though, the rates of savings were not uniform across all jurisdictions. This is largely due to varying prices of gas and electricity rates.
Cost Savings in Maryland:
- Electric Trucks – $40 per recharge
- Electric SUVs – $25 per recharge
- Electric Sedans – $32 per recharge
Neighboring Delaware, Pennsylvania, Virginia, Washington D.C., & West Virginia also showed similar levels of savings.
Zooming out the most significant cost savings was recorded in the Pacific Northwest, specifically in Washington & Oregon, where consumers could save $80 & $71 per charge for electric trucks, $49 & $43 per charge for electric SUVs, and $59 & $53 per charge for electric sedans.
The article noted that an average American can expect to save roughly $700 – $1000 per year by switching to an electric vehicle.
MACo Summer Conference
At the 2023 MACo Summer Conference general session, “More Than Bricks & Mortar (Part 2): Infrastructure & Climate Change” panelists will discuss near- and long-term challenges, including: how sea level rise will shape development, the impacts of hotter summers on public health, and the challenges and opportunities around full electrification.
The 2023 MACo Summer Conference will be held at the Roland Powell Convention Center in Ocean City, MD, on August 16-19. This year’s theme is “Where the Rubber Meets the Road.” More information can be found on our conference website.
Learn more about MACo’s Summer Conference:
- Attendee Registration Pricing
- Attendee Online Registration
- Exhibitor Details & Pricing
- Exhibitor Registration
- Sponsorship Opportunities
- Tech Expo Details
- Golf Tournament Details
- Discounted Hotel Room Rates
- 2022 Conference Photos
- Conduit Street Blog Coverage
- #MACoCon on Twitter
- Questions? Contact Virginia White