Only $1.14 per Gallon?
Since there is some fluctuation in electricity prices from state to state, the eGallon tool calculates costs in each state compared to the cost of gasoline. The DOE claims that "fueling your car with gasoline costs roughly three times more than fueling with electricity."
But not everyone is so certain about the economy of EVs. Marlo Lewis, a senior fellow at the Competitive Enterprise Institute (CEI), says the DOE information may be correct but is completely one-sided.
"They ignore the additional costs associated with electric vehicles impose - costs that overwhelm the obvious fuel savings for most consumers," Lewis asserted.
According to him the costs the eGallon ignores are:
- (1) Higher vehicle purchase price
- (2) Limited range
- (3) The inconvenience of waiting hours to refuel.
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