How much does it cost to charge an electric car after the increase in electricity price?

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The increase in the tariff amount in 2022 made the cost 30% more expensive, although it varies depending on where it is performed, as in private homes it is lower than that of public networks

The electric car, and especially the plug-in hybrid, is starting to gain some weight in the Spanish parking lot, although the progress is much greater
slower than in the rest of Europe. According to figures from the Anfac Manufacturers Association, sales of electrified vehicles increased by 19.1% in 2022, with 84,645 units, an increase of 19.1% over the previous year.

These data are
those related to plug-in cars and conventional hybrids. Sales of pure electric vehicles total 36,452 units during the year 2022, up 31.3% over the same period of the previous year, and the cumulative share for the year is 3.79%.

All this despite the doubts that this type of vehicle continues to arouse among consumers, not so much because of its autonomy, which quickly exceeds 200 and 300 kilometers, but because of the scarcity of public charging points, the price of the car (much higher than of combustion), and the prices of light.

According to a study by the investment platform eToro, the average cost of charging an electric vehicle in Spain will increase by 30% in 2022 due to the increase in the price of electricity.

This cost increase is illustrated in the analysis with a trip between Madrid and Barcelona (626 kilometers away)
with a 100% electric vehiclethe charging costs of which would have increased on average to 49 euros on the Zunder network in 2022, compared to 37.5 euros the year before.

However, despite this increase, electric cars will remain more profitable in the long term than combustion engine cars, according to calculations by the OCU, even though the cost per 10,000 km will almost triple between 2020 and 2022.

In this way,
the eToro report He notes that the price of electric vehicle charging varies depending on where it is performed, as it is lower in homes than on public networks.

“According to those costs for 10,000 kilometers
it was about 580 euros in 2022, a Madrid-Barcelona route would have cost about 36.3 euros. This amount is also much higher than that of previous years: in 2020 it would have been 12 euros,” the study emphasizes.

The amount of that same trip made in a Seat Arona – the best-selling ‘Spanish’ vehicle in 2021 and 2022-, an SUV powered by unleaded petrol with
an average consumption of 5.1 liters per 100 kilometerswould have fluctuated throughout the year (2022) due to fluctuations in gasoline prices, ranging from 48 euros at the beginning of 2022 to 51.5 euros at the end of the year, the analysis shows.

“Despite the fluctuations in the oil price, the cost of gasoline remained contained
thanks to the introduction of the 20 cent bonus per liter of government fuel, which came into effect in April 2022. The effects of this measure, which ceased to be universal on January 1, caused prices to fall in subsequent months. In fact, without the help of the government, the trip would have become 20% more expensive. Nevertheless, in June (2022), when fuels set their record, the amount shot up to 68 euros (40% more than in January),” the report’s authors explain.

While the panorama on international energy markets has changed from the 2022 price caps, the platform warns that “supply uncertainty” will persist in 2023.

According to him, Europe has not yet solved its energy challenges and the ongoing geopolitical crisis is exacerbated by other potentially inflationary factors, such as China’s reopening and its impact on global energy consumption.

They assure that from the OCU
although the price of electricity has risen, that of fossil fuels too, so that the electric car remains profitable in the long term. For example, for a car whose electric model costs 10,000 euros more than the petrol version, the additional price would be amortized over 150,000 km, without taking into account the Exercise Plan support.

Users of electric cars see an increase of 390 euros, but those who drive a petrol car will also pay 293 euros more and the user of a diesel car 363 euros more than in 2020.

From Endesa they also defend that
an electric car is cheaper in the long run. They say of the energy company that «electric charging is cheaper than refueling with petrol or diesel. For example, in the case of Endesa X Way, a top-up for 100 km can cost less than 5 euros. In addition, companies often offer multiple offers. At home, with the TempoZero electric vehicle rate, a vehicle can be charged free of charge between 1 and 7 a.m.«. They also indicate that although electric cars are generally slightly more expensive than petrol or diesel cars, this additional cost is amortized with fuel savings and maintenance costs. They justify it because »an electric car has no clutch, no oil, no filters, no timing belt… So
its maintenance is much easier and its cost is lower than that of a traditional diesel or petrol internal combustion engine vehicle”.

The efficiency of electric cars is around 90%
that of traditional cars remains at 30%. In other words, an electric vehicle needs less energy than a traditional vehicle to make the same effort, which translates into less consumption and more savings.

Source: La Verdad

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