Cost Savings Analysis: Electric Vehicle and Home Charger Usage in St. John's, Newfoundland

Electric vehicles (EVs) paired with home chargers offer significant cost savings compared to traditional gasoline-powered vehicles, particularly for commuters in St. John's, Newfoundland. Let's delve into a fun cost savings analysis for individuals commuting in the St. John's area.

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Daily Work Trip

Commuting from Conception Bay South to Downtown St. John's:

‍Gasoline Vehicle: A round trip from CBS to downtown St. John's (~50 km each way) in a gasoline vehicle averaging 10 liters/100 km consumption at $1.40 per liter would cost approximately $14 in fuel per day.

‍Electric Vehicle: Charging an EV with a home charger overnight, assuming an average electricity rate of $0.12 per kWh and an EV efficiency of 20 kWh/100 km, would cost around $2.40 for the same round trip.

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Savings Per Day: $14 (Gasoline) - $2.40 (Electricity) = $11.60
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Costco Run

Commuting from the East End of St. John's to Costco:

Gasoline Vehicle: A round trip from the east end of St. John's to Costco (~20 km each way) in a gasoline vehicle would cost approximately $5.60 in fuel per day.
Electric Vehicle: Charging an EV with a home charger overnight would cost around $0.96 for the same round trip.
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Savings Per Day: $5.60 (Gasoline) - $0.96 (Electricity) = $4.64
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Soccer Practice

Commuting from Paradise to Techniplex in St. John's:
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Gasoline Vehicle: A round trip from Paradise to Techniplex in St. John's (~20 km each way) in a gasoline vehicle would cost approximately $5.60 in fuel per day.
Electric Vehicle: Charging an EV with a home charger overnight would cost around $0.96 for the same round trip.
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Savings Per Day: $5.60 (Gasoline) - $0.96 (Electricity) = $4.64

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By using an electric vehicle paired with a home charger, commuters in St. John's, Newfoundland, can realize significant cost savings on fuel and maintenance expenses compared to traditional gasoline vehicles. Whether commuting to work, making a  Costco run, or dropping off the kids, the financial benefits of EV ownership and home charging are evident. With the added advantage of government incentives and environmental sustainability, investing in an EV and home charger is not only cost-effective but also contributes to a cleaner and greener transportation future in Newfoundland.

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