Looking to buy a new car? Curious about how an electric vehicle stacks up to its gasoline-guzzling forebearer, especially over the course of a lifetime?
Consolidated Edison and National Grid are here to help. The New York utility companies have both recently unveiled online marketplaces that help consumers compare and purchase electric vehicles.
The sites allows shoppers to make side-by-side comparisons of cars in a way that shows costs over the course of a lifecycle. The marketplaces provide the manufacturer’s suggested price, the value of rebates and tax breaks for electric vehicles, and estimated fuel costs.
The results can be surprising! As Greentech Media showed, in a comparison of a Lincoln Navigator and a Tesla Model X, the Tesla ends up being cheaper to own after factoring fuel costs, rebates and federal tax credits.
Source: Greentech Media