Electric Vehicle Owners Could Save Thousands a Year on Fuel Costs with New Calculator Tool.
A new tool is helping electric vehicle (EV) owners determine just how much money they can save by making the switch to an EV. According to Josh Boone, executive director of Veloz, a major industry group promoting the adoption of EVs, the main concern for people considering EVs is cost savings.
One of the most significant benefits of owning an EV is the potential to save money on fuel costs. In the average year, drivers can expect to save around $2,000 in gas expenses, which translates to approximately $166 per month. However, the exact amount of savings depends on how much and how often you drive.
Veloz has developed a national database and website called ElectricForAll.org that provides an online calculator for estimating fuel savings. To use the tool, users simply input information about their desired EV model, annual driving distances, fuel efficiency of their current gas vehicle, local average cost of gasoline, and zip code - which helps determine electricity costs in your area.
The calculator then generates an estimated fuel savings amount and a total annual savings figure, including maintenance costs. Boone explained that EVs typically require less maintenance than traditional gas-powered vehicles due to fewer moving parts, resulting in lower tune-up costs and the elimination of oil filter changes, spark plug replacements, and other regular maintenance tasks.
By using this calculator tool, potential EV owners can make an informed decision about whether a switch to electric is right for them financially.
A new tool is helping electric vehicle (EV) owners determine just how much money they can save by making the switch to an EV. According to Josh Boone, executive director of Veloz, a major industry group promoting the adoption of EVs, the main concern for people considering EVs is cost savings.
One of the most significant benefits of owning an EV is the potential to save money on fuel costs. In the average year, drivers can expect to save around $2,000 in gas expenses, which translates to approximately $166 per month. However, the exact amount of savings depends on how much and how often you drive.
Veloz has developed a national database and website called ElectricForAll.org that provides an online calculator for estimating fuel savings. To use the tool, users simply input information about their desired EV model, annual driving distances, fuel efficiency of their current gas vehicle, local average cost of gasoline, and zip code - which helps determine electricity costs in your area.
The calculator then generates an estimated fuel savings amount and a total annual savings figure, including maintenance costs. Boone explained that EVs typically require less maintenance than traditional gas-powered vehicles due to fewer moving parts, resulting in lower tune-up costs and the elimination of oil filter changes, spark plug replacements, and other regular maintenance tasks.
By using this calculator tool, potential EV owners can make an informed decision about whether a switch to electric is right for them financially.
It's like, making the switch to an EV just got SO much easier! I've been thinking of getting one and now I have all the info I need to know how much I can save... $2k in a year is like, CRAZY savings 
I love that it takes into account your zip code for electricity costs too, that's so smart! 
The fact that EVs require less maintenance is just another perk, less money out the window 
Can't wait to share this with my friends and family who are thinking of making the switch! 
I'm so stoked that there's finally a tool like ElectricForAll.org out there! Like, I've been eyeing an electric car for ages, but I was worried about the cost thingy... now I can see how much I'd actually save on fuel and maintenance. $2k is no joke! 
But at the same time, it's not just about the money - EVs are getting so cool and quiet, and they're better for the planet too. It's awesome that Veloz is promoting this stuff and making it easy for people to make informed decisions. I'm definitely gonna check out the calculator tool and see what kind of savings I can expect! 
! Just gotta factor in higher upfront costs, but overall it seems like an easy win for my wallet 
. I know some ppl might still have concerns about range anxiety and charging time, but with tools like this one, it's getting easier to make the switch 
. Anyone got an EV yet? 
. I mean, I've been considering getting an EV myself, but the cost was always my main concern. Now I'm thinking it might actually be worth it 
btw, have you tried avocado toast with feta cheese? 
