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
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.
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.