CHARGING COSTS AFTER 15,000 MILES ON MY MUSTANG MACH-E!

EV Channels Review

The reviewer details the charging costs for their 2022 Ford Mustang Mach-E after 15,000 miles, comparing it to a gasoline equivalent. The analysis highlights the significant cost savings achieved, primarily due to favorable electricity rates (6-11 cents/kWh) at work and home. The reviewer estimates saving between $1,500 and $1,600 compared to a gasoline SUV with similar performance (mid-to-high 20s MPG) and gas prices ($3.50/gallon). Key factors influencing cost include electricity rates, charging location (home, work, public), and vehicle efficiency (2-3.3 miles/kWh). While overall savings are substantial, the reviewer notes additional costs such as a $140 premium for electric vehicle registration in Idaho and potential upfront expenses for home charging equipment (though not incurred in this case due to free work charging). Charging inefficiency (80-90%) is also mentioned as a minor factor reducing savings. The primary takeaway is that low electricity rates are crucial for maximizing EV cost benefits.