Electric cars offer big savings in milage over petrol and diesel vehicles.
This is due to both the high efficiency of these vehicles and the relatively lower
cost of electricity.
Using electricity as an energy source for transportation also offers protection from the ever increasing volatility in the price of oil. If the energy used to power cars came from a more diverse range of sources such as coal, wind, solar, hydro-electric and nuclear, then there is a valid argument that the cost of operating a car would not fluctuate as it does currently with fuel prices.
Recharging from Off-Peak Electricity
The cost of electricity is usually measured in cents / Kilo Watt hours (KWh).
As a rough guide a Kilo Watt hour is about the amount of electricity required to run a small electric heater or iron for an hour. The cost of electricity varies between suppliers and locations, but in general an average daily commute will cost as little as $1 a day.*
Off-peak electricity refers to the electricity provided at specific times overnight and is often used to heat hot water systems. The price of this electricity is often up to half the price of ‘peak,’ often. Recharging evMe using off-peak electricity is an opportunity to further reduce the costs associated with commuting.
*Based on the average Australian Commute of 40km per day and average cost of electricity at 20 cents per KWh.