News Column

How to Calculate Cost of Electricity vs. Gasoline

June 13, 2013
Tesla charger for electric car

Hoping to promote sales of electric cars and plug-in hybrids, the U.S. Department of Energy has created a website that computes the cost of electricity to go the same distance as a comparable car on 1 gallon of gasoline.

At Energy.gov/eGallon, the DOE provides a discussion of electricity vs. petroleum as vehicle fuel and a calculator that compares fuel costs for electric vehicles and similar gasoline models by nationwide average or in a single state.

As of Wednesday, it showed essentially no price difference in Hawaii: $3.74 for a gallon of gas, $3.69 for the equivalent in electricity. But in Illinois, gasoline was $3.84 a gallon, and electricity was 99 cents.




For more coverage on the automotive industry, please see HispanicBusiness' Auto Channel



Source: Copyright USA TODAY 2013


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