HOW MUCH MONEY COULD YOU SAVE WITH THE CHEVY VOLT?

All-electric cars have a distance disadvantage. The open road also lacks charging stations and electric cars take longer to charge than the time it takes to refuel. Because of these disadvantages, the Volt bridges the electric world with that of fuel.

The Volt uses an electric battery and engine that can output enough power to last up to 53 miles without consuming any gas, and then it switches over to a gas powered generator that fuels the car.
How much can the Volt hybrid system save you?

To figure this out, let’s first consider the average gas price and electricity price across the United States. As of July 2017, the national gas price average is $2.50 per gallon. Meanwhile, the electric average is about 12 cents per kilowatt-hour. Now remember, these are averages so actual numbers will vary from state to state and city to city.

Now consider the below examples to compare fuel cost and electricity cost.

Fuel Example:
Let’s say you drive 700 miles a month in a fuel efficient car that yields an average of 25 MPG. If you pay $2.50 for gas, you will be spending 70 dollars a month on 28 gallons of gas.

Electricity Example:
Now, let’s say you drive 700 miles a month in the Volt, and let’s say you get about an average of 2.7 miles per kilowatt-hour. If you pay 12 cents per kilowatt-hour, you will spend 31 dollars a month on roughly 259 kilowatt-hours.

Those are pretty big savings when you consider them over multiple years. Learn more about the Chevy Volt at Clay Cooley Chevrolet of Dallas today.