Chevy Volt - Comparing Gas To Electricity Prices

How many times do you travel more than 40 miles round-trip in a given day?

Thats the range you have on a full charge driving the new Chevy Volt. If you were to drive the maximum distance on electric power each day of the work week you’d have driven 200 miles, slightly under the national average of 231 miles per vehicle in the US.*

With gas at about $3 a gallon, it would cost you about $35 for the week. Drive 40 miles in the Volt and you’re looking at $.85 to recharge it for another 40 miles of driving.

Gas: $1820 for 52 weeks @$35 per week.
Electricity: $44.20 for 52 weeks @$.85 per KWH

Certainly looks like there’s a trip to Hawaii in there or perhaps a family vacation at Disney World. The price of the Volt is also expected to come down from a previous estimate around $40,000 is now being heard of somewhere in the $32,000 range.

The US is producing 25% of the entire world’s carbon emissions, and we all know the impact it has yet we haven’t had much of a choice until now. This new GM vehicle is a major milestone and will likely sell out in short order.

If you’re considering a Chevy Volt it’s a good idea to inquire with your city on the permit required to install the 240V charging station. You can plug it into a standard outlet, although to get a faster charge the 240V is the way to go.

There’s a lot of anticipation for the new Volt, so look for more related posts and subscribe to our blog for instant notification via rss.

*[Source - EPA.GOV]

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