Shorepower – Plug In and Save

Simple Math for Vehicle Cost Comparison

The city of Fort Collins, Colorado is investing in hybrid and battery electric vehicles. The article’s accompanying video compares the Total Cost of Ownership for a gas, hybrid and electric vehicle 1over a 90,000 mile lifespan. The savings are decidedly in favor of hybrid or electric vehicles.

A Nissan Leaf, purchased by the city in 2013, will save a projected $21,625 over the gas-powered Ford Fusion. Ben Prochazka, of Electrification Coalition, estimates that fueling a Nissan Leaf for 90,000 miles would cost around $2,160, depending on electricity costs, bringing those savings to just under $20,000.

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