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Gas Stations Are Cheaper Than Public EV Charging

image credit: Barry Cinnamon
Barry Cinnamon's picture
CEO, Cinnamon Energy Systems

Barry Cinnamon heads up Cinnamon Energy Systesms (a San Jose CA residential and commercial solar and energy storage contractor) and Spice Solar (suppliers of built-in solar racking technology)....

  • Member since 2016
  • 90 items added with 95,583 views
  • Oct 12, 2022
  • 928 views

Adoption of EVs will hit a brick wall when people realize how ridiculously expensive it is to charge EVs at work or at public charging stations. And these charging costs will continue to go up as the price of grid electricity skyrockets.

 

 

Electric utilities have rigged the system for EV charging infrastructure so that they maximize their profits. Unfortunately, well-intentioned research studies — such as “Charging infrastructure access and operation to reduce the grid impacts of deep electric vehicle adoption” from Stanford — completely miss the point by ignoring customer costs.

The headline from this study “Charging Cars At Home At Night Is Not The Way To Go” is flat out wrong. Moreover, this study recommends that drivers charge their cars at work, which is actually the MOST expensive place to charge an EV.

Here is a summary of monthly charging costs based on 1,000 miles of driving per month in California:

  • Charging at work costs a host company $221/month
  • Charging at a public high speed EV charger costs $153/month
  • Buying gas at $3.50/gallon costs $140/month (pre-covid price)
  • Charging on the EV rate at home costs $80/month
  • Charging from home solar at night costs $18/month

The headline of this study actually should be “It Costs 12 Times More To Charge Your Car At Work Than At Home From Solar.” It doesn’t take a genius to understand that charging your car from rooftop solar 10 yards away (on your home) or 100 yards away (on your company) is cheaper and more efficient than importing power 500 miles away from a solar or wind farm.

Why do studies like these come to the wrong conclusion? For the simple reason that they ignore distributed generation (DG) solar and storage. Solar on the roofs of homes and businesses — especially when coupled with storage — provides less expensive, more reliable and safer electricity. But these DG systems reduce utility profits. So direct and indirect utility-sponsored research almost never considers the superior benefits of DG energy systems.

EVs are great for the environment, but only cheaper to operate if you charge smartly. If you are planning to buy an EV you should definitely charge your car at home, ideally from rooftop solar under full retail net metering. As a reminder to California residents, get that solar system installed soon before the transition to Net Metering 3 next year.

For more details on costs associated with EV charging, please join us on this week’s Energy Show Podcast

 

Discussions
Matt Chester's picture
Matt Chester on Oct 12, 2022

The pre-covid nature of the gasoline price used must really be considered as a big caveat, though. Of course the pandemic was a major event that upended prices structures, but that type of volatility is part of the 'risk factor' associated with relying on gas. Obviously that exists for power prices to an extent as well, but typically on a more dampened level. 

The other factor I don't see mentioned here: maintenance costs are notably lower over the lifetime of a car for EVs. It takes a while for that adjustment to make up for the higher upfront costs, no doubt, but there are a lot of dynamics at play!

Jim Stack's picture
Jim Stack on Oct 12, 2022

1st of all we have all subsidized oil for 100 years.

Also many work locations have freeworker charging.

Some cities have freecharging.

Off peak rates and or ev rates at night are very low as you stated. Solar it a great way to charge at home. 

    A few fast charger locations including Tesla charge less at night off peak. A few even have Holiday free fast charging. 

    It can be confusing for new plugin drivers. They have to see what works best for them. 

Barry Cinnamon's picture
Thank Barry for the Post!
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