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Save a buck a litre? Canadian EV drivers do just that every day

#2473 of 2493 articles from the Special Report: Race Against Climate Change
Graphic by Barry Saxifrage for top of article discussing costs of fueling up with gasoline vs electricity across Canada

In Canada, charging an electric vehicle at home can save big bucks compared to buying gasoline. How much, you ask? Take a look.

My chart below compares the cost of fueling a vehicle with gasoline at the pump vs an equivalent amount of home electricity in major cities across Canada.

Comparing the cost of gasoline vs electricity as vehicle fuels in Canada.

The tall stack of coins shows the average cost of a litre of gasoline in Canada. That’s been around $1.55 per litre over the last year (GasBuddy data).

To drive the same distance, an electric vehicle needs an average of roughly two kilowatt-hours (kWh).

In Toronto, charging that much at home costs an EV driver around $0.32. That is shown by the tiny stack of coins on the chart.

As the chart also shows, EV drivers can charge at home for even less in Vancouver, Regina, and Winnipeg — around $0.25 (residential rates: ~$0.12/kWh). And in Montreal, EV drivers charging at home pay as little as $0.18 for the equivalent of a litre of gasoline (residential rates: ~$0.09/kWh).

The residential electricity prices I’m using in this article are published by Hydro Quebec in their annual survey: “Comparison of Electricity Prices in Major North American Cities”. The survey includes one major city in each province, all of which I’ve shown on the chart. As you can see, EV drivers in nearly all these cities can save more than a buck-a-litre-equivalent by charging at home. The one outlier city is Calgary which seems to be dealing with unusually high electricity prices during the last year. But even in Calgary, EV drivers who charge at home pay less than half of what they would pay for gasoline.

Forget about the search for cheap gas. If you want to save money, EVs are the way to go. #EVs #gasprices #reducingcosts @bsaxifrage writes for @natobserver

Saving a dollar per litre can add up to huge savings over the lifespan of a typical car. For example, the average new gasoline-burning car in Canada requires 8.3 litres per 100 kilometers. Over the average lifespan of 320,000 kilometers (200,000 miles) the driver needs to buy more than 25,000 litres of gasoline. Double that — 50,000 litres! — for drivers of many large gasoline burning SUVs and pickup trucks requiring 16 litres or more per 100 kilometers. Charging a similar electric SUV or truck at home can save thousands of dollars compared to buying gasoline.

Why are EVs so much cheaper to fuel?

Electric vehicles are so much cheaper to fuel because they require so much less energy to move around. That’s according to the U.S. Environmental Protection Agency (EPA). My next chart tells the story.

Comparing the energy efficiency of gasoline vs electricity as vehicle fuels.

The EPA says gasoline contains 8.9 kWh of energy — but roughly 80 per cent of that energy gets lost as waste heat and friction. Only around 20 per cent of the gasoline energy that drivers pay for ends up turning the wheels. That’s shown on the chart’s tall bar.

In contrast, the EPA says EVs lose only around 12 per cent of the electricity put into them – leaving around 88 per cent of the energy an EV driver pays for to power the wheels. That’s shown on the chart’s smaller bar.

The two bars on the chart show that to deliver the same amount of energy to the wheels, gasoline vehicles require four times more energy put into them than EVs do. And buying four times more energy is a lot more expensive.

So, let’s all take a minute to pity the Canadians stuck buying gasoline. Just imagine how ripped off you'd feel if you had to buy four times more than you used of any other consumer product. Would you be happy buying beer from a company when three-out-of-four cans were always empty? Or how about ordering pizza from a company that charged you for a full pie but delivered only a couple slices sliding around inside a big empty box? I’d shop somewhere else if I could.

That’s essentially what happens to Canadians every day at the gas pump. They pay for four times more energy than they use. And all that wasted energy gets dumped out the tailpipe — along with a dangerous spew of noxious chemicals and generational climate havoc.

Fortunately, Canadians now have lots of good electric vehicle alternatives to choose from. These EVs run on our very own made-in-Canada electricity, which is a much cheaper, cleaner and safer way to power our cars and trucks.

Away from home: free to fast charging

I’ve focused on charging at home, because that is the easiest and most predictable option. The price is known and it's a lot cheaper than gasoline. As a bonus, drivers charging at home with the most common home charger (level 2) can start each morning with a full tank.

However, some people can’t charge at home at all. And most EV drivers will need to charge away from home at some point. So, I’ll wrap up with a very brief discussion of the cost of charging an EV away from home.

Our family has been driving an EV for more than a decade now. We are a one-car family, and our car is a full battery electric vehicle. Over the years we’ve enjoyed many long road trips of 4,000+ kilometers in it. So, we’ve got a lot of experience charging away from home.

In terms of cost, charging on the road can range from totally free to almost as expensive as gasoline.

On the free side, many towns and businesses provide free charging while you shop or stay there. One particularly large network of free chargers is Tesla’s 40,000+ destination chargers, located at restaurants and hotels around the world. We’ve often stayed at a hotel or motel that offers free charging so we could charge up while we slept and head out with a full battery.

Screenshot of PlugShare.com map of free vehicles charger in B.C.

A good way to find free charging sites wherever you are is to use a website like PlugShare. These sites usually allow you to filter their map to show only the free charging sites, if you want. Most of these free chargers are “level 2” which slowly charge your car over hours.

Fast chargers can recharge your car in minutes instead of hours. But these are rarely free and they usually cost significantly more than charging at home.

For example, the largest network of fast chargers in the Vancouver area is the Tesla Supercharger network. The cost at these currently ranges from $0.17 to $0.50 per kilowatt-hour depending on location and time of day. Their app lists the price schedule for different times of day at all their superchargers, so drivers can pick and choose the cheapest locations and times.

If you are at a charger, like these, that tells you how much you are being charged per kilowatt-hour then you can easily compare it to the cost of gasoline by using the same rough rule of thumb mentioned above: two kilowatt-hours = one litre of gasoline. For example, if you are paying $0.30 per kilowatt-hour at a fast charger, then that is roughly equivalent to buying gasoline at around $0.60 a litre.

Frustratingly, many chargers in Canada are priced by the minute – not by how much energy you get. That can make it nearly impossible to figure out ahead of time how much you will pay per kilowatt-hour. Imagine a gasoline pump that charged you by the minute without telling you how many litres they would pump into your car during that time. So, buyer beware.

One last calculation I often do in my head as I drive past a gas station is to convert the gasoline price shown to the equivalent cost of charging an EV. Using the same rule of thumb — two kilowatt-hours = one litre of gasoline — means I just need to cut the gasoline price in half. For example, a Vancouver gas station the other day listed $1.80 per litre. That’s the equivalent of paying around $0.90 per kilowatt-hour to charge an EV.

Complaining about the high cost of gasoline is common in Canada. Rather than paying and complaining, hundreds of thousands of Canadians have switched to battery electric vehicles — and are skipping the gas pump altogether. With such huge fuel savings on offer, it's not surprising that more and more Canadians are making the switch every day.

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