Driving EVs Can Be Easy

Here’s why:

  1. Save money on fuel. With Central Lincoln’s residential rate of 7.62 cents/kWh, customers can save up to 75% on fuel costs compared to gasoline by driving an electric vehicle (EV).
    Surprising Savings. Cost for 1,000 miles of fuel. Central Lincoln electricity is 7.62 cents per kWh (residential). Gasoline is calculated at $3.15/gallon. 100% Electric Cars vs. Gas-Powered. Chevy Bolt (EV): $21.34. Chevy Spark: $82.89. Nissan Leaf (EV): $21.17. Nissan Versa: $80.77. Kia Soul (EV): $23.66. Kia Soul (gas): $101.61. Tesla 3 (EV): $18.10. Mercedes C300: $95.45.
  2. Charging. Studies show more than 80% of EV charging is done at home. For those wanting to travel 151 to 310 miles or more in a day, EV charging stations can be found using the Plugshare website or Plugshare app.Nearly all of today’s EVs come standard with a simple 110V Level 1 charging cord. Some EV drivers choose to install 220V (“dryer outlet”) Level 2 chargers at their homes, as Level 2 chargers charge faster than Level 1. For even speedier charging, 440V DC quick chargers (Level 3) are publicly available.
  3. Affordable to lease or buy. Many car companies including Chevrolet, Kia, and Nissan, offer EVs comparable in price to gas-powered cars, and some dealers offer special deals at various times of the year. One EV driver on the Central Coast leased a new 2017 Chevy Bolt for $0 down. His lease payment is about $250 a month, and an allowance of 15,000 miles per year is included in the lease contract.
  4. Help make Oregon’s air cleaner! Central Lincoln’s electricity is 97% carbon-free, meaning less pollution released into our air. The U.S. Energy Information Administration reports, “the substances produced when gasoline is burned (carbon monoxide, nitrogen oxides, particulate matter, and unburned hydrocarbons) contribute to air pollution.”
  5. Tax credits can make EVs even more affordable. A federal tax credit of $7,500 is available on some models (please check with a knowledgeable tax professional before buying) and Oregon offers a $2,500 rebate for buying or leasing many new EVs. Low or moderate income Oregonians may also qualify for an additional $2,500 rebate. Visit the State of Oregon’s Oregon Clean Vehicle Rebate Program page for details.
  6. Savings on maintenance costs. No oil changes, tune ups, spark plugs, or engine air filters add up to even more savings.
  7. Super-quiet, yet fast! Electric motors have power available more quickly than gas- powered engines, making EVs surprisingly quick.
  8. Electricity prices are more stable and predictable than gasoline. If Central Lincoln’s rates go up, it’s once a year in July. Gasoline prices fluctuate often.
  9. Range. New 100% electric cars being sold today generally have a range of 151-310 miles on a single charge.
  10. EVs are becoming more and more popular. 17,000 EVs are already registered in Oregon. Gov. Kate Brown has set a goal of 50,000 EVs registered in Oregon by the end of 2020. Bloomberg Technology reports that in seven years, one in every six vehicles sold will be electric!