FPL Blog

CHANGING THE CURRENT

CHANGING THE CURRENT

It's all about you

Anne-Louise Seabury

About "Ask the Energy Expert"

Anne-Louise Seabury is FPL’s Electric Vehicles Program Manager. She attends numerous trade shows and community events as FPL’s ambassador for EVs.

Your questions on energy-related topics can be submitted anytime to our Ask the Energy Expert blog. Just click here to submit your question, and if chosen, it will be answered here

Cost of electric vehicles versus regular cars

By Anne-Louise Seabury

Asked on: April 17, 2013 by Gerardo C., Miami Beach

Do electric vehicles cost more or less than regular cars?

Just like gas-powered cars, electric vehicles come in all price ranges. Currently, they start in the $20,000s, with the prices rising to the low $100,000s. There are about a dozen models on the road today, and 25 additional models expected by 2015.

Road to savings When you think about buying an electric vehicle, the up-front purchase price isn’t the only thing you should consider. Owning an electric vehicle can be cheaper than owning a regular car in the long run. That’s because it’s far less expensive to “fill-up” with electricity than with gas – particularly because FPL’s rates are 26 percent below the national average. Electric vehicle owners also typically save on repairs and routine maintenance costs because oil changes and transmission work is not needed. Imagine that? This can all add up to thousands of dollars of savings over the life of the car. Here’s how:

  • Charge for about 80 percent less than what you spend at the gas pump. It’s like paying 77 cents per gallon.
  • Save approximately 35 percent on scheduled maintenance and 30 percent on repairs.

Available incentives Another way to get the most value out of owning an electric vehicle is by taking advantage of available federal, state and local incentives. Search the different incentives available for electric vehicle owners. We’ve been working to educate customers about these vehicles because they cost far less to fuel than traditional cars, which is good for your wallet. They’re also helping to reduce dependence on foreign oil and keep our air clean, something that’s good for everyone.

Leave a Reply

Join the conversation with FPL on ways to save energy and keep your bill low.

Plus, learn how we are constantly working to deliver you reliable service.

Please note that this blog is not monitored 24/7.

For customer service questions: www.FPL.com/contact

To report an outage: www.FPL.com/outage

Your email address will not be published. Required fields are marked *

*

*

Comment moderation is enabled. Your comment may take some time to appear.

Comments [31]

  1. Lee

    What, if anything, is being done ( planned ) about providing charging stations for vehicles? Also: How feasible is it to charge a car at a charging station, given the time it takes most EV's to charge?

  2. John Sargant

    The cost of replacing the batteries in an electric vehicle equals or exceeds the cost of repairing transmissions and/or rebuilding gasoline engines. It is so high that is largely offsets the savings of using electric rather than gasoline. When you add the extra cost of the electric vehicle to begin with, visa vi a similarly sized and equipped gasoline vehicle, you will pay considerably more to own an electric car. That is the truth. You should buy one only if you like the idea enough to overcome the cost differential.

  3. Bob

    Why is it that we see NO real answers relating to battery replacement cost....is FPL filtering the answers? What is the expected battery life, perhaps FPL could research THIS on the various models and publish the results....it would be much appreciated.

  4. Sixto Ramirez

    What is the cost of charging an electric car. Is there a preferred time of day or night to charge an electric car. Are rates the same for all times. Thank you

  5. Floyd

    You answered the first comment Anne-Louise so we know you are listening. However, you avoid the battery question like a hot potato. At some point there will be a need to trade. If you have 50,000, or less miles on the vehicle you may get a decent value (assuming battery life is 100,000) but who would buy a used one without a deep discount or battery warrantee?

  6. Andrew

    I dont see where you calculated the battery life and the cost to replace those batteries. Isnt it like the price of replacing a new motor in a car for the price of batteries? The life of the batteries are like 100,000 miles

  7. Coe Case

    I have yet to see the actual cost of the electric charge to power a normal sized automobile a specific distance. I realize that the value depends on the driver, but what is a range, of costs in Florida. Assume a Ford Fusion, for example.

  8. David

    How will FPL help EV owners ?

  9. Jack Andre Sr.

    The information you give us is good, except you didn't tell us how long the batteries last and how much replacements are. Jack

  10. Darryl

    There is no way the electric cars are cheaper. The extra money one pays for the car and future battery replacement will cost more. The battery will eventually need to be replaced due to wear and tear. There is no warranty which covers that. After enough people get sucked into electric cars, rates will just get pumped up and your back to square one. They already had cars that get hundreds of miles of gallons 50 years ago but they were never allowed to be released to the public. I drive a 1999 Saturn SL which gets 36 to 40 mpg. Still can't find a car which surpasses that today even after 14 years. They discontinued the very popular model. Now why would they do that.

  11. Pablo

    The Volt is not an electric vehicle.

  12. pablo

    Hi Anne, Can you please tell us the dozen models you are refering to? Specifically the $20,000 one? I only know one, the Nissan Leaf. Also don't forget batteries they last a limited amount of time and even less the more you cycle them. I am probably as big an advocate for EV's as anyone but misinformation surrounds the topic. thanks Pablo

  13. Novel Remodeling

    Electric cars save people bundles every month due to their low consumption and high mpg. The accurate estimate of .77 compared to 4$ here in california is a good comparison. You save real noticeable money with electric cars.

  14. Petrice

    How about the cost of replacing the batteries of an electric car?

  15. Maria Morales

    I had change my AC unit and my bill it is low that before, thanks.

  16. luis

    I live in a condo. I'm planning buying an electric car. My parking is 60 feet away from my condo. Are you planning ab special team doing this charging outlets in condos that requires? Thanks

  17. David

    As to costs, I understand that some dealers add a surcharge and prices may range considerably. I also understand battery technology has improved but replacing batteries is a very expensive and necessary undertaking. Can you give a comparison of costs over a 5-yr period and 10-yr. period for comparably sized and equipped cars? Thanks

  18. June Hewett

    Does having a timer on your hot water heater save money? When you sign up for the monthly auto payment - is it re-evaluated every year? Thank you June Hewett

  19. Raymond J Ramirez

    All EV manufacturers have a long term warranty on batteries at no cost to the customer, and up to now, only Nissan has replaced batteries due to heat degradation in the Leaf. Therefore, there is no evidence for the supposed cost of a battery replacement. It is easier to predict an engine overhaul or a transmission replacement for gas engines. Finally, all EV batteries are recyclable and will be factory reconstructed for new EVs.

  20. Raymond J Ramirez

    I wish to ask if Florida has any state-assigned incentives for purchasing an electric or plug-in hybrid vehicles, and if FPL has any special nigh rates for EV charging. These two items will help promote EV sales in Florida.

  21. Ed Aldridge

    I'm a car owner who likes to keep a car for 10 or more years. What is the cost of battery replacement, and does that change the answer for a long-term owner of an electric car?

  22. Ann

    I purchased an electric car (Chevy Volt) Nov 30th last year and love it. We had been doing a lot of research on alternative power vehicles and the Volt was our choice. I can plug into 110V outlet to charge overnight. The amount we have paid for our power vs our gasoline receipts has been amazing. When we run out of power, the gas generator kicks in and we continue our trip. The ride we get and the quietness of the car when its running is great.

  23. martin pednaud

    yes electric car are absolutely fantastic i am driving a chevy volt we do 1,2000 a month a we spend only $8.00 0n gasoline ... and we use a regular 100 outlet from our building app coooool isn't it

  24. Charles Browning

    While the refill and maintenance are lower range between recharging and access to recharging is major concern . While within home range one can recharge freely, but what about a trio to Tampa, Orlando, or Atlanta muchless to NYC. So if I wish to own vehicle that gives a city averge of 50 radius from home it is a great car. If I wish to travel all electric is still a dream and you know it.

  25. Werner Mettin

    what about the cost of the rechargeable battery pack. Don't they have a limited life, like 3-5 years..? That should be a very costly factor.

  26. Craig

    I recently purchased a Tesla Model S electric vehicle. Not only am I not missing the gas station, I'm enjoying an incredible vehicle, producing zero emissions and saving money on fuel and maintenance!

  27. Jim _I

    I have been driving a Chevy Volt for the last 19 months. In the first year of driving, I spent $300.00 ($25.00 per month) for electricity and I only used 49 gallons of gasoline or about $200.00 @ $4.00 per gallon. That is a total fuel cost for the year of $500.00. I am on tract to match those numbers again this year. My previous vehicle used almost 500 gallons of gasoline in a year, or over $1700.00 @$3.50 per gallon. And the driving patterns are the same. So right away, I am saving $100.00 per month on fuel. And if you add in all the other savings on maintenance, it really adds up! I will never buy a conventional gasoline powered vehicle again. :)

  28. s green

    How long do the batteries last, and what do they cost? If the vehicle sits for a long time, say, 3 months, would the batteries drain completely? How are they maintained?

  29. Douglas

    I have a Chevy Volt. My wife and I have gone 15,000 miles on only 30 gals of gas. My electric bill only went up 12 bucks a month.

  30. Anne-Louise Seabury
    Anne-Louise Seabury

    Hi Brigitte. That’s great to hear how she’s using her talent to inspire others to be more efficient with their energy use, even with simple things, like the lights you use. That’s definitely worth encouraging! Glad you’re finding the blog helpful.

  31. Brigitte

    Ms. Anne-Louise whom would I make contact with in regards to publishing a cartoon created by a young girl about compact energy efficient light bulbs? She is such a green princess... she is teaching her friends how to make piggy banks out of recycled milk jugs and the cartoon she created is so simple and effective in making a really good example. I would love for her to get a little encouragement to keep up her hard work in making this a cleaner world. Please advise thank you! PS keep up the good work your blog is so informative. Thanks again, Brig

Disclaimer:

FPL reserves the right to edit any user submissions to "Ask the Energy Expert" for brevity or clarity. Publication of readers' questions or comments is at the sole discretion of FPL.