How much does it cost to charge the 2018 Chevy Bolt EV?
Don Wheaton customers looking for an affordable foothold in the electric car segment of the automotive industry have a lot to be excited about with the 2018 Chevy Bolt EV. News about the new electric vehicle’s range and overall specs have been well known. But there is another aspect which may need a bit more investigation, how much will it cost to charge the 2018 Chevy Bolt EV? Future owners of the Chevy electric hatchback have a couple of options when it comes to charging and both will have an impact on the owner’s monthly utility bills. It’s important to note, the following figures are based on wide-ranging averages. You may see higher or lower charging prices in your area.
Will charging the Bolt EV raise my electric bill?
According to a study performed by the United States Environmental Protection Agency, car owners can expect to spend $7,000 USD ($8,000 CAD) over the span of five years to fuel their vehicles. Based on average electricity costs of 13 cents per kilowatt-hour, charging an electric vehicle like the 2018 Bolt EV at an owner’s home could cost as little $50 (about $63 CAD) per month.
The equivalent monthly cost for gasoline using the previously mentioned numbers would work out to be about $177 ($224 CAD). Electrically-powered cars would give buyers an instant savings of $800 (about $1400 CAD) per month. Over the course of the Bolt EV life cycle, that has the potential to equal real savings. Furthermore, charging the batteries of the 2018 Bolt EV at night, when utility rates are generally lower, can pad those savings’ figures even more.
Equipment to keep the batteries charged
Straight out of the box, the 2018 Chevy Bolt EV comes with an onboard charging unit that plugs into a standard 240-volt outlet. Owners will be able to get about 50 miles of driving power with a two-hour drive time. A DC fast charging system is also available.
If you would like to learn more about the cost of charging the 2018 Chevy Bolt EV, contact a Don Wheaton sales professional today.