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No pun intended.
Five or six years ago I attended an Engineering Conference where one of the speakers was from the Lansing (MI) Board of Water and Light. This utility was completing a program of installing electric vehicle charging stations throughout the city. The cost of the equipment and installation was paid for by a government grant of some type. The cost of the electricity used to recharge the cars was paid for by the businesses or merchant associations where the charging stations were placed.
One question from the crowd was "Why are the businesses willing to pay for all this electricity?" The answer was surprising and clear. The cost at that time to recharge the most common electric vehicle found in Lansing at that time (the Chevy Volt) was only $1.50 And that was the cost of a full eight hour re-charge!
Businesses, such as a restaurant, understood that an electric vehicle charging station could result in an additional four patrons, whose car would only consume $0.20 of electricity during their one hour lunch, but the restaurant profits on the four person meal tab would exceed the twenty cents many times over. The businesses and merchant associations saw these charging stations as a unique advertising niche, and were very willing to increase their costs by this tiny amount in exchange for the increased business.
$1.50 for a recharge good for 80 miles of travel (or what ever a Volt could manage 5-6 years ago), versus $9.00 for three gallons of premium fuel which will provide ~80 miles of travel. Easy to understand the attraction if nearly all your driving trips are short.
->Posting last edited on Tue, 18 Jul 2017 08:12:27.
2008 9-5 Aero Sedan
2006 9-3SC 2.0T
2000 Viggen Convertible
2000 9-5lpt Sedan, sold at 318K miles
Posts in this Thread:
- OT: Irrational Exurbance?, MI-Roger , Wed, 12 Jul 2017 08:32:56
- Re: another interesting discussion n/m, Tom g , Tue, 18 Jul 2017 13:01:20
- Amazing ownership experience, vvk, Fri, 14 Jul 2017 16:19:27
- I still don't understand all of the attraction, MI-Roger , Sat, 15 Jul 2017 14:40:18
- Let me explain, vvk, Mon, 17 Jul 2017 05:54:35
- OK, now I understand your position, MI-Roger , Tue, 18 Jul 2017 04:55:16
- Re: Let me explain, Tom g , Mon, 17 Jul 2017 19:29:11
- I know it is difficult to believe, I was in the same boat, vvk, Tue, 18 Jul 2017 07:44:41
- Man, spot on., Justin VanAbrahams, Wed, 19 Jul 2017 10:15:00
- Re: thanks for the info, Tom g , Tue, 18 Jul 2017 20:56:10
- Not me, vvk, Wed, 19 Jul 2017 04:04:29
- Electric vehicle recharging is shockingly inexpensive, MI-Roger , Tue, 18 Jul 2017 05:07:52 <-- Viewing This Message
- Re: I still don't understand all of the attraction, JerseySaab , Sat, 15 Jul 2017 18:58:28
- Re: OT: Irrational Exurbance?, Dean, Fri, 14 Jul 2017 09:29:47
- Why I buy used cars... and never first model years!, Snowmobile , Wed, 12 Jul 2017 09:03:51
- Re: OT: Irrational Exurbance?, JerseySaab , Wed, 12 Jul 2017 08:53:42
- Electric car fee, Finch, Thu, 13 Jul 2017 11:39:11
- Re: OT: Irrational Exurbance?, Bill Homer, Wed, 12 Jul 2017 09:38:52
- Re: OT: Irrational Exurbance?, JerseySaab , Wed, 12 Jul 2017 15:46:57
- Re: OT: Irrational Exurbance?, Bill Homer, Thu, 13 Jul 2017 08:44:22
- Substantial??, A1-turbo, Thu, 13 Jul 2017 11:54:31
- EPA mileage vs real world, vvk, Fri, 14 Jul 2017 16:28:23
- Skewed comparisons, Bill Homer, Thu, 13 Jul 2017 21:54:59
- Re: volt, Tom g , Tue, 18 Jul 2017 13:00:09
- Re: volt, Bill Homer, Tue, 18 Jul 2017 22:10:44
- Re: Skewed comparisons, Snowmobile , Fri, 14 Jul 2017 06:53:11
- Fuel cost savings changes by around $10, A1-turbo, Fri, 14 Jul 2017 06:28:26
- Re: OT: Irrational Exurbance?, JerseySaab , Thu, 13 Jul 2017 11:46:12
- Re: OT: Irrational Exurbance?, A1-turbo, Wed, 12 Jul 2017 12:05:39
- You are using outdated information, Bill Homer, Wed, 12 Jul 2017 14:27:36
- My premium comment was about the Audi, A1-turbo, Wed, 12 Jul 2017 17:21:58
- $0.06/kWh ??? Where does this come from?, dmz789qqq, Wed, 12 Jul 2017 17:07:53
- Re: $0.06/kWh ??? Where does this come from?, Justin VanAbrahams, Wed, 12 Jul 2017 18:01:28
- Re: $0.06/kWh ??? Where does this come from?, dmz789qqq, Wed, 12 Jul 2017 18:06:33
- Re: $0.06/kWh ??? Where does this come from?, Justin VanAbrahams, Wed, 12 Jul 2017 21:13:59
- Does 8 c/kWh include everything? Are you sure?, dmz789qqq, Wed, 12 Jul 2017 22:31:44
- Re: Does 8 c/kWh include everything? Are you sure?, Justin VanAbrahams, Thu, 13 Jul 2017 03:14:52
- Southern California's Rates Doubled Over North Central California, DnstrDan , Fri, 11 Aug 2017 10:41:33
- Yes, we are getting hosed. Most of CA is too., dmz789qqq, Thu, 13 Jul 2017 16:16:33
- Re: Does 8 c/kWh include everything? Are you sure?, Bill Homer, Thu, 13 Jul 2017 09:01:09
- Re: You are using outdated information, Snowmobile , Wed, 12 Jul 2017 15:10:41
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