23 Jul '14, 11am

Electric Cars Equal Gasoline Cost Of Just 75 Cents A Gallon

By Antony Ingram 945 views Jul 23, 2014 Follow Antony Reddit This! Share on Facebook Share on Twitter 2011 Chevrolet Volt plugged into Coulomb Technologies 240V wall charging unit Enlarge Photo The last time you could buy a gallon of gasoline in the U.S. for 75 cents was around the late 1970s. If you own an electric car today though, the price you're paying for electricity is equivalent to about 75 cents per gallon. READ: Tesla's Important Not Only For Electric Cars But For Silicon Valley: Opinion According to a study by the Northeast Group (via Charged EVs ), 25 utilities in 14 states currently offer electricity rates tailored towards electric vehicle owners. With discounts for off-peak charging, the cost of topping up your battery is very low indeed. By converting the energy you're storing into a gasoline-equivalent figure, the price works out at about $0.75 per "gallon"...

Full article: http://www.greencarreports.com/news/1093433_electric-cars...

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75 cents a "gallon"? Yes, please

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