Originally Posted by Brian Austin Whitney
The moment someone moved off the oil grid, their financial problems with the rising cost of gas would disappear. In the case of Scott for example, though 1 year of that would cost 20K in gas, if instead he spent that 20K to buy 2 electric cars, the next year that travel would cost 4K or less.


I'm not convinced of this, Brian. At 2006 prices, the average electricity cost for residential users was 10 cents per kW-hr. This translates to receiving 33000 BTU of energy per dollar. At $4 per gallon, you get about 28000 BTU per dollar of gasoline. Factor in that electricity prices have gone up since 06 and the two are probably comparable.

So if I have an electric vehicle, my gasoline bill goes to nothing but my electric bill goes up by the corresponding amount.

There is no good reason to buy electric vehicles while power plants are still using fossil fuels. You are still burning the same fuel - only in a different location. Only makes sense to me to buy an electric vehicle if the power plant is running off of nuclear or some other alternative energy source.

Scott