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Natural Gas or Electric?

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With gasoline prices approaching $4 per gallon, more and more drivers are considering purchasing vehicles that use alternative fuels. If you are looking for dramatic savings at the pump, you should consider stopping by Chrysler Las Vegas and check out one of the most popular alternative fuel options: Natural gas. But is a natural gas vehicle better than an electric? One way to analyze electric versus natural gas vehicles is to compare their relative costs, especially how much you will save on fuel.

Electric prices can widely vary depending on region and specific utility rate plans, but the national average is about $0.11 per kilowatt-hour. Most modern electric vehicles officially average a little more than 3 miles per kilowatt-hour. So, the average per-mile cost of driving an EV is around $0.03 or $0.04 per mile.

According to Forbes, assuming that gasoline costs $3.50 per gallon and you’re driving an internal combustion sedan that gets 31 mpg, the cost per mile for that gasoline car comes out to about $0.11 per mile. Compressed natural gas currently averages about $2.10 per gallon, so a CNG-fueled sedan getting 31 mpg costs about $0.07 per mile to fuel. Therefore, the per-mile cost of driving a CNG vehicle is about 40 percent cheaper than driving a comparable gasoline car.

Another thing to keep in mind is fuel availability. Electric car drivers commonly install home charging equipment, which adds $1,000 or more to the upfront cost, but makes it very convenient to charge every night. CNG drivers usually rely on public refueling. There are only about 1,000 CNG station nationwide, while public EV charging locations now number more than 9,000, according to Edmunds. Public EV charging is also growing at an impressive rate. However, very few of those EV chargers are capable of quick charging an EV in about 20 to 30 minutes. CNG cars can be refueled in about the same amount of time that it takes to refuel with gasoline.

There are pros and cons to both CNG and Electric vehicles. If you are in the market for a Chrysler, expect to see a lot of CNG vehicles in the future. For more information visit Chapman Chrysler Las Vegas.

 

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