Have EV stations set prices to make the cost per mile roughly equal to the cpm for an ICE?
I have been charging at home, paying 16 cents per kWh to my electric coop. We took our first road trip this week and paid 60 cents on the NJ turnpike. I expected the cost to be way higher than at home, but just doing some rough math, it makes the cost per mile roughly the same as it is for an ICE. Was this just a coincidence, or do EV charging stations roughly tie their price to averages for EV and ICE vehicles to equate the cost per mile?
I know the common driving variables (traffic, road conditions) impact ICE and EV’s differently, and cars aren’t all equally efficient. But the numbers were so close. It made me wonder…
Here was our breakdown: I got 33 kWh for $19.85. I got 4.3 miles per kWh on that charge, so I got 142 miles for $19.85, which is a cost per mile of 14 cents.
Our ICE car (Tucson) gets about 33 MPG on the highway in similar conditions (pouring rain, 55-60 MPH) Gas was $4.42/gal yesterday on the turnpike, which would have made the cost per mile 13.3 cents.