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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

Green Car Congress

Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.

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Study: even with high LDV electrification, low-carbon biofuels will be necessary to meet 80% GHG reduction target; “daunting” policy implications

Green Car Congress

The same highly electrified scenarios, however, could not satisfy 80% GHG-reduction targets, even assuming 80% decarbonized electricity and no growth in travel demand. Within the transportation sector, the two basic options for reducing petroleum use and greenhouse gas (GHG) emissions are fuel-use reduction and fuel substitution.

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The 80-20 Rule

Plug In Partners

However, 70% of vehicles can apparently be fueled with no increase of electrical capacity. The reduction in emissions results from electric operation being much more efficient than gasoline operation. BEVs and PHEVs running on electricity have zero tailpipe emissions, but there are still mining and power plant emissions.

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Plug-In Hybrids (or Plugin Hybrids)

Tony Karrer Delicious EVdriven

You can fill it up at the gas station, and you can plug it in to any 120-volt outlet. But when you do, your car essentially becomes an electric vehicle with a gas-tank backup. So youll have a cleaner, cheaper, quieter car for your local travel, and the gas tank is always there should you need to drive longer distances.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. Power and Associates 2004 report ].

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