Is charging an electric car cheaper than gas?

Generally, it costs less to use an electric vehicle compared to a car that runs on gas. When you look at the buying price, most electric cars are expensive, but they prove to be cheaper than regular cars in the long run.

In a year, it would averagely cost you between $300 to $400 to charge an electric vehicle, depending on your charging location. On the other hand, a car that runs on gasoline could cost you between $1000 to $2000 on fuel alone.

When you compare the number of moving parts between electric vehicles and gas vehicles, you will realize that electric cars have fewer moving parts, meaning they won’t need many repairs than vehicles running on gas. Due to many moving parts, cars that run on gas cost a lot when it comes to maintenance.

At first, when you’ve purchased an electric vehicle, you might notice your electricity bill has gone up, especially if you’re charging your car at home. Don’t be stressed up by this because this cost will eventually balance due to the lack of buying gas which tends to be much more than what your electricity bill will amount to when you charge your vehicle either at home or in public charging stations.

The charging cost of your EV depends on the type of charging station you’re using (level 2 or 3) and the time of the day you’re charging your car. More traffic in the charging stations means you’ll get charged more. The levels of charging you’re using to charge your EV depend on the type of car you have and how fast the charger is. That’s why level 3 chargers are more expensive.

You can choose to charge your car at home or in public charging stations depending on how much time you have and the range of your vehicle. Public charging areas tend to be a bit more costly than charging your car at home, but they save a lot of time. If you have enough time on your hands, using your home charger would be better to charge in public areas.