Cost of Charging an Electric Vehicle | Tesla Model Y vs Gas Cost

Electric versus gas car | Tesla Model Y charging costs | Gas price increases. With the rising costs of gas, more people may be curious how much is the cost of charging an electric vehicle as compared with costs of gas? In this video, I share my costs, based on almost two years of driving the Tesla Y. I also compare the costs of two gas vehicles that we owned, a Chevrolet Silverado and Honda CR-V to show the savings (and it is significant)!

#tesla #modely #teslacharging #EVcharging #teslamodely #gasprices

0:00 Intro
1:15 Battery Capacity - kWh
2:58 Efficiency
3:45 Charging Costs
5:00 Honda CR-V and Chevy Silverado - Fuel Cost Comparison
6:07 Other Cost Saving Opportunities
6:48 Question to Consider
7:30 Outtro

[iceplanetchris]

I think going with a Tesla is a great idea these days. I bought 2 Tesla vehicles recently and I'm very pleased with them.

[dominicm]

Hoping more videos like this are published more frequently perhaps showing a chart of vehicle expenses over time with gas vs ev powered vehicles. Would be interesting to know all the data including price of vehicles and all maintenance over time and at what point does owning an ev, which typically is more expensive than an ice vehicle, become a significant savings.

[tyranelewis]

Awesome display of comparison!! Majority of gas car owners don't even think of the cost of owning their gas car even when the gas car is paid for. Gas car owners actually spend more money over ownership. ( I have GAS and Tesla), EV purchase cost is actually pretty fair, because once you have paid it off you erase so much of the expenses you have owning a paid in full gas car. My gas car barely gets driven.

[timmybui]

Thank you for sharing good information, I’m still waiting for my model y!

[peterbland]

Thanks for this video! EVs and PHEVs are financially a no-brainer.

[Redwilly]

been lookin for a comparison like this for a while. Thanks

[jeffreyanderson]

I have a Model 3 SR+ with about 13k miles. Averaging 259 wh/m in Minnesota, not bad!

[helicopterjohns]

Thanks for an informative video.
One thing you didn't mention was the model y is capable of towing 3500lbs. Off course it takes a (servere hit) on the range/mileage but it does give back some the advantages your former truck had. I intend to tow my boat with my new model y long range.
I just installed a 14-50 receptacle in my garage awaiting my Model Y Long Range which is due here in Central Florida in September, 2022.

[hoangvu]

Electricity costs vary tremendously. It would be nice to mention where you live. Here in CA, it's at least $.30/kwh, thereby changing the whole dynamics. How much does Tesla "charge" at their Supercharger? Are there different rates depending on time-of-day? How much do you have to pay for all the other maintenance things on your gas trucks? Your Tesla tires look outrageously bald on one side. No time for rotation?

[Andrew-zxwx]

Recent gas prices have me thinking about an EV, namely Teslas. However, the price hikes on new Teslas has made entry even more difficult for most people. I could fuel my current ICE vehicle for a long time considering the price delta. I only drive about 8K mi/yr, which I think is below the national average. Fuel prices would have to continue to soar for me to pull the trigger on a Tesla purchase, even though I want one now :) . Anyway, nice breakdown on cost and your experience.

[davidhaase]

Nice video! Certainly a hot topic these days.

[noeherrera]

Wish you would have done the price comparison on a prius. I get fifty seven miles per gallon on my previous

[yuxuan]

Playing with numbers doesn’t reflect how thing really work out. I think there are several videos on YouTube the authors actually drive an EV vs hybrid for the same route and then compare electric cost vs fuel cost. Usually hybrid will win if EV was charged outside home.

[jdesmo]

Home electricity rate around here is $0.30/Kwh. Area supercharger rates are over $0.50/Kwh. So basically it's a wash compared to ICE car. Also, Tesla are known to wear out tires at twice the rate, which by itself is a substantial expense. Therefore, you would not save anything going electric if you are leasing a car for say 3 years. I never had to replace the tires on any of my leased cars, but would have to on a Tesla. Also, the cars I lease for example come with all scheduled maintenance covered at no charge for 4 years/50, 000 miles. So, where are the savings going EV? I also hear many people having to pay much higher premium for car insurance on a Tesla

[guojiefan]

Thanks for the info. Would you mind sharing cost of insurance? I was told that EV’s insurance is mostly higher than conventional combustion vehicles.

[dathyr]

Yes that is a good question on is an Electric vehicle worth switching over to from my ICE vehicle.
I would like to have an EV just to break away from the gas pumps which cost here is currently at $4.50. I am retired and only do around town driving, so my charging would only be done at home. I haven't done long trips for a long time.
Will gas pump prices go up in the future months and years, only Time shall Tell.
Then again, with more and more Electric cars on the road and using more electricity on the Grids, will electricity rates also go up to meet the demand. Will there be increased taxes on the charging stations like they do with the gas pumps so the state or governments can find a greedy way to get more income off of consumers. We talk about the EV cars themselves but we have to remember where and how we get our electricity to run them and the costs to do so.
I feel all this mentioned will happen if not already, it is just a matter of time.

[barrykennedy]

Electricity is sold by demand also. Add several million cars on a weak power grid. When electricity is in short supply, what will the price be.

[dirkvanvuuren]

What did your solar setup cost how many years to pay back. Good video we just ordered a Y a few days ago 5 hours BEFORE the 1000 Dollar increase.

[Guitarmcguire]

Where I’m at in California it is .43kWh off peak at home 🤦🏻‍♂️

[SMOKYMTNPATRIOT]

Thanks for the info. The more I study EVs the less I want one. Between Tesla's price gouging and the unavailability of most other EVs I can put a lot of fuel in my 30 mpg Subaru outback to make up the 15k-20k price difference. Seems like people are encountering a lot of broken chargers. I'll just have to keep my $50 for 600 mile range with unlimited 2-minute refueling options and save the 15K to 20K for now.