Power rates & source

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What is your current power rate per kWh (USD equiv)

  • Free - off the grid power source

    Votes: 1 3.1%
  • 7 cents and under

    Votes: 9 28.1%
  • 8-9 cents

    Votes: 4 12.5%
  • 10-12 cents

    Votes: 10 31.3%
  • 13-14 cents

    Votes: 4 12.5%
  • 15 cents and higher

    Votes: 4 12.5%

  • Total voters
    32

MelindaV

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#1
With power company rates being so different depending on region and where/how power is generated, I thought it would be interesting to see what everyone has.

I live in the NW were we are lucky to primarily use Hydro with some natural gas and nearly no coal. Because of this we have lower than average rates. (and higher than average gas prices)
My local power company rate is .081 per kWh and comes from 75% Hydro, 20% Natural Gas, 5% everything else (biomass, nuclear, solar, wind, coal).

So based on the Tesla Model S electricity cost calculator, my daily cost to charge would be $1.18USD for my 45mile RT. (that's 17% of what I currently pay in fuel!)

what's everyone else looking at?
 

Badback

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#2
Here in Minnesota, we belong to a coop and pay 0.10/kW-Hr. This comes from coal and nuclear, and some wind power. We may install solar panels which would pay our local transportation cost. The payback on the panels is about 15 years and they cost $30k after a $15k credit. The big problem, of course, is coming up with all of this cash as we move into retirement. Maybe the next administration will be more enlightened.
 

teslaliving

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#3
$0.1762. My solar is $0.1240 though so that helps bring it down.

Also keep in mind your electric usage will go up with an EV. Mine went up by 30%.

No time of use metering in MA either.
 

Van Shrider

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Ohio USA
#4
When I looked at my Duke bill it says 2.53 cents per kWh
761 kWh = $19.29
However after they get done with their carrying charges and all of the riders and generation charges
761 kWh costs me $97.09
So it's more like $0.127/kWH
 

MelindaV

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#7
I just looked at the amount of fuel I've purchased for my current car and calculated the difference of it per mile to my electrical rate per mile (using the Model S calculator) and came up with an average of $21/month electric vs the gasoline average of $121... so $100 savings per month.
At that rate, the base $35k would pay for itself in 29.1 years!
 

AEDennis

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#8
I just looked at the amount of fuel I've purchased for my current car and calculated the difference of it per mile to my electrical rate per mile (using the Model S calculator) and came up with an average of $21/month electric vs the gasoline average of $121... so $100 savings per month.
At that rate, the base $35k would pay for itself in 29.1 years!
Don't forget to calculate in whatever ICE vehicle you replace and the maintenance cost of such a vehicle.
 

MelindaV

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#9
good point! so those $75 oil changes 2x year... we are down to 25.9 years! I'll leave the other service beyond oil changes out, as expect a 25 year old EV will need some upkeep ;)
 

MelindaV

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#11
Or who knows - after the Model 3 is here, I may sell the two cars I currently drive (or neither ha!)