Tuesday/ electric vs. gas

The Puget Sound Energy (electric utility) website has a cost calculator for equivalent electric and internal combustion engine ‘ICE ‘(gasoline) vehicles.

Here are the results for a Tesla Model 3 Long-range vs. a BMW X1 sDrive2Bi. Bottom line for me: It’s no contest. The Tesla wins from Day One (zero emissions), and outright from a total cost of ownership perspective, after 4 years.

A typical gas-burning passenger car puts 4 US tons of CO2 (carbon dioxide) into the atmosphere every year: 20 pounds for every gallon of gasoline burnt. It seems impossible that a gallon of gasoline (about 6.3 pounds), could produce 20 pounds of CO2. However, most of the weight of the CO2 doesn’t come from the gasoline itself, but from the oxygen in the air that it combines with.

The PSE website figured that the X1 sDrive2Bi is equivalent to the Tesla re: style, size and class. OK, but technically these two are a world apart, as this chart shows.
The last line is the most important.
When it comes to charging the battery, or filling up with gas, the owner of the Tesla saves money from the get-go.
Assumptions: Electricity Rate $0.107/kWh | Gas Price $4.60/ gal | Sales Tax 10%
Some $3k Cost-of-Ownership savings over 5 years for the Tesla Model 3. Gas is easily 5 times more than the cost of electricity, and maintenance for the internal combustion engine-car is double than that for the electric car. 
Assumptions: Purchase Method: Cash | Mileage15,000 miles per Year | Sales Tax 10%
Before 5 years, the lifetime cost of ownership of the Tesla is less than that of the BMW, and the gap will increase every year after that.
In Washington State we are blessed with relatively green electricity generation, so going with an electric vehicle dramatically reduces the CO2 emissions of the driver. 

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