TECH - How Much Do Americans Save By Charging EVs At Home? Tech Enthusiast Joanna Stern Breaks Down Numbers | Benzinga
Joanna Stern, senior tech columnist for the Wall Street Journal, shed light on the cost-effectiveness of charging electric vehicles (EVs) at home. Despite the initial high costs, Stern found that home charging led to significant savings over time.
What Happened: Stern recently wrote a column on WSJ about how she saved hundreds of dollars by charging her EV at home. During CNBC’s “Last Call,” Stern shared that she spent $125 to charge her EV at home, which covered a distance of 2500 miles.
“I am saving half the amount I would [spend] if I was using gas. And this is what is happening across the country,” she said.
How much are Americans saving when they charge their EV at home? @JoannaStern crunches the numbers. pic.twitter.com/FORw2hgy5G — Last Call (@LastCallCNBC) March 28, 2024
Comparing this with the costs associated with an internal combustion engine (ICE) car, she found that she was spending almost double on gas in New Jersey, at $3 per gallon, for the ICE vehicle owned by her family.
However, she also noted that EV manufacturers ...