240V Home Charging System for Chevrolet Volt is $490, Installation to Cost $1,475

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Oct 10, 2010 | 07:49 AM

#16

HAZ-Matt

Registered User

Joined: Mar 2001

Posts: 4,000

From: TX Med Ctr

Quote:

Originally Posted by matLT1

i think you are failing to consider that with the increased consumption of electricity caused by these cars, rates will likely go up (for all of us). IMO $45 is conservative by far.

Not necessarily, if people are charging mainly overnight off-peak then that will increase efficiency of the grid. Many places give discounts for off-peak electricity consumption.

Oct 10, 2010 | 11:15 AM

#17

JakeRobb

Super Moderator

Joined: Jul 2005

Posts: 9,507

From: Okemos, MI

Quote:

Originally Posted by Z28x

It won't be too bad, this isn't a Tesla battery pack. At 10kWh a night that is only 300kWh a month. That is like what, $45?

And that's assuming it needs a full charge at the end of every day, including weekends.

Oct 11, 2010 | 07:44 AM

#18

Derek M

Registered User

Joined: Dec 1999

Posts: 538

Quote:

Originally Posted by Z28x

It won't be too bad, this isn't a Tesla battery pack. At 10kWh a night that is only 300kWh a month. That is like what, $45?

Motor Trend pegged observed fuel economy at 126.7 MPG and using ECO mode the cost to operate was stated at $.02 per mile. The net cost to operate still appears to be less than compatible gasoline vehicle by significant margin even after figuring in the additional electricity draw.