Didn’t realize how bad CA electric rates are. Remember you can produce your own electric but not your own gas. I pay 19cents and have run the numbers on installing solar a few times… at 3x the electric rate it should be a no brainer for you economically.

I love when people make a public post with their mind already set just to bait random online people to argue with them. Well done OP. Good game. 💪

I would say to put solar panels on your house to hedge against increasing electric pricing… but Californias new net metering is pretty anti-solar too. Sorry it sucks so much there.

Going solar and installing new panel and EV charger can save some money if you bundle it. Electricity prices will keep going up and so will gas. In San Diego we have also the EV-TOU 5 which gives you 15 c/kWH during off peak. We made the plunge and switched to solar and batteries. If you take savings for electricity into account then this can make sense over the LONG run. Batteries can help with peak rates when electricity is insanely pricey.

First off why not add rooftop solar and storage then do peak shaving/arbitrage? Solar is way cheaper than your utility.

Second my assumption is oil will grow more in cost because it’s not fungible like electricity generation.

Isn’t that the problem? Gasoline prices are in the hands of an oil cartel and subject to geopolitical instability that can instantly double prices.

There is maybe a small chance my jurisdiction will cancel my net metering agreement for solar panels, but otherwise they just work and work for decades. Whether or not Russia or Iran does something else stupid.

Roughly the same electricity rates as here in Switzerland. Been going up around 30% every year for 5 years now. Gas has been very high but stable. My prediction is that the oil producing nations will do everything to keep gas prices at current rates in order to delay EV proliferation. Within the next 10 years, EVs will be more expensive to run than gas vehicles, but the availability of the latter will continuously diminish.

You’re not doing an apples to apples analysis because the vehicle models are so different and have different prices. Split it into purchase price and running costs and you’ll find the EV is cheaper as long as you don’t pay too much initially.

Several other factors to consider. First CA is moving to an income based flat fee for electricity. What this means is that the per kWh cost is going to go down, probably by a significant amount. Look up ab205. This will swing things more to electricity.

Second gas is going to be subject to more and higher price spikes going forward. There is already a reluctance to build more infrastructure. In contrast increased solar is driving the wholesale price of electricity to zero during the day. Imagine you can charge at work for business rates. (Right now on sdge I can charge during the day at work for 20c kWh which is half residential price).

Third factor in the value of your time. How much is it worth to never have to go to a gas station. Or waste time on maintenance or repairs.

Next year, you can transfer the federal tax credit to the dealership up front at time of purchase so tax liability won’t matter. Not sure about income requirements on this next one, but there is a 30% tax rebate on the cost of the installation plus charger, and some car companies like Hyundai are offering free home charger and installation with a car purchase of Kona, Ioniq 5 or 6.

Installed solar panels and a battery, the electricity is basically free. The offset puts me at a 10-15 year payback period, after that it’s paying me.

A lot more people will do this, a lot of properties will do this, electricity is now as expensive as it will ever get.

I’ll admit I didn’t read the entire post but I believe it will…

…depend where you live because of the state tax rates and fees.

…become more and more efficient to produce electricity.

…become less efficient to deliver gas as refineries continue to shut down and the distance to end user increases.

Currently, there is less choice for the size vehicle you need but a large PHEV allows you to straddle the line and shift usage as necessary, regardless which increases.

And you can use a splitter with your dryer to charge a PHEV overnight using 220V, so no overly expensive structural changes needed.

If can put up solar, electricity could be free or near free for your EV.

One issue is you live in California, my electricity rate in Cincinnati is .15 all day/night.

Why are you buying big ass expensive cars? Get a smaller ev.