With my electrical costs in SF Bay Area, that cost was $94 per 1000 miles on a Tesla and $100 per 1000 miles on a Camry hybrid.
However Tesla was $20,000 more than a Camry and Camry had wider, more comfortable seats.
We went with a Camry and judging by its reliability record I would probably not have to worry about anything other than a fluid change for a decade or two
With the EV2-A rate plan [1] (which you should definitely use if you drive an EV any significant amount), the 1000 miles cost much less if you limit charging to the off peak times.
The Model Y gets 3.3-3.8 miles/kWh. Let's say 3.6 miles/kWh average.
1000 miles at 3.6 miles/kWh is 278kWh.
Off-peak EV2-A rate: $0.26/kWh 278 kWh * $0.26/kWh ~= $72
The savings in operational energy cost for the Tesla will never pay for the difference in price, but the Model Y and Camry are fundamentally different cars in performance and functionality, so it's not really an apples to apples comparison.
A more sensible comparison would be between a top-trim Camry XLE ($35000) and an entry-level trim VW ID.4 ($40000 - $7500 tax credit = $32500).
But you have a point that there are very few inexpensive midsize EV sedans on the market right now.
1. https://www.pge.com/en_US/residential/rate-plans/rate-plan-o...
Sure you can try to shift your laundry to the morning, but I suspect there would still be higher overall energy costs with EV-A especially if you have a family.
The only way electric car would make sense with my rates is if I paid few thousands to install a second meter or paid tens of thousands to install solar.
I bought a used low mileage 2020 Camry hybrid LE with 47+ mpg and front hip room(ie seat width) 4 inches wider than that of model y for $26000.
Comparable mileage wise teslas model ys were being sold for about $47000.
I searched through MYLR forums and Facebook groups and landed on reported 0.27-0.265 kWh/mi which is pretty close to your estimate of kWh per 1000mi.
The biggest challenge for me was that I would not be able to arrive at $0.26 per kWh without further investments into my electrical infrastructure which would further reduce the cost savings from going electric.
Tesla MYLR while being better at acceleration is ultimately not a model s - it’s a family car like a Camry. There are some benefits to it being electric or a hatchback but they did not justify an upfront cost and a fairly negligible cost of driving reduction.
Note: this could be a CA issue as I’m aware that our energy costs are easily 3 times of some other states
PS I was specifically seeking out LE trims on Camry because they offer 5mpg advantage over more expensive trims
However the benefits of EV are subtle but great. Before buying I worried about range.
That’s not an issue. I never have to go to petrol stations, it’s quick to get to speed, it’s quiet, it’s fun.
100% love it. Would increase that rating if the charging interface allowed ‘charge to 80%’ without nasty hacks, and if it had a dog mode.
It wasn’t the cheaper option, and our fuel costs a lot more than it does in the US.
OTOH, I pay 4 cents per kWh to charge my EV after 10pm. I pay about as much in electricity costs per year as I was paying for gasoline per month on the last car.
What exact uncomfortable situations?
You can roll through the ramp doing your best impression of a semi truck at 20mph and then when you realize you're about to have 500ft to merge into traffic that's going 60-70mph you can mat it and be going traffic speed that time.
And the best part is that everyone will think the work van that wanted to carry 40mph through the ramp but couldn't because you were in their way is the one who's doesn't know how to merge when they can barely do 45 by the end of the ramp.
1. As others have pointed out, the maintenance is much less. Not to mention, of course, the electricity costs much less than equivalent gas.
2. The cars are just so much cleaner for an individual. No gas smell, no oil changes, etc.
3. They are much quieter.
4. Even if you drive a lot more slowly, the smooth acceleration is much more pleasurable. Plus, the quick acceleration does come in handy when you want to get out of uncomfortable situations.