mbender
Well-known member
So, I was wondering how many miles I have to drive to "earn" $1000 compared to driving my old (or any) ICE. And here's what I came up with to estimate it, a bit more generalized:
So, to "make" $1000 by driving a LEAF vs an ICE, you might get the following range:
------------> High end (drive LEAF hard, high electric rate, replace Prius when gas price is low):
------------> M = 1000 / ($3.00/50 - $0.15/3) = 100,000 miles
------------> Low end (drive LEAF gently, low electric rate, replace 25-mpg ICE when gas price is high):
------------> M = 1000 / ($4.00/25 - $0.09/4.5) =~ 7,150 miles
Quite a range of 'miles-for-savings', depending on all four of the variables (as we all know).
I have to drive about 12,000 miles to make $1000 over my old ICE at $3.50/g. Here's to high gas prices in the future, LOL.
ps. Sorry if the code formatting doesn't work on all screens. I'll replace with an image if necessary.
Code:
T
------------------------------
M == ppg ppkwh , where M = miles required to recoup the target $T,
( ----- - ------- )
mpg mpkwh and...
ppg = price per gallon of the petro-fuel for the ICE ppkwh = price per kWh paid for electricity
mpg = miles per gallon that the gasser/ICE gets mpkwh = miles per kWh that you get in the EV/LEAF
------------> High end (drive LEAF hard, high electric rate, replace Prius when gas price is low):
------------> M = 1000 / ($3.00/50 - $0.15/3) = 100,000 miles
------------> Low end (drive LEAF gently, low electric rate, replace 25-mpg ICE when gas price is high):
------------> M = 1000 / ($4.00/25 - $0.09/4.5) =~ 7,150 miles
Quite a range of 'miles-for-savings', depending on all four of the variables (as we all know).
I have to drive about 12,000 miles to make $1000 over my old ICE at $3.50/g. Here's to high gas prices in the future, LOL.
ps. Sorry if the code formatting doesn't work on all screens. I'll replace with an image if necessary.