Thursday, June 20, 2013

Tool To Compare Gasoline And Electric Cost

The Department of Energy has released tool that allows you to compare the prices of electricity and gasoline called eGallon. Energy Secretary Ernest Moniz says...
Consumers can see gasoline prices posted at the corner gas station, but are left in the dark on the cost of fueling an electric vehicle. The eGallon will bring greater transparency to vehicle operating costs, and help drivers figure out how much they might save on fuel by choosing an electric vehicle. It also shows the low and steady price of fueling with electricity. Not only can electric vehicles save consumers on fuel and reduce our dependence on oil, they also represent an opportunity for America to lead in a growing, global manufacturing industry.

Today, eGallon says the average price of unleaded regular gasoline in California is $3.98/gallon, while a California eGallon is only $1.51.

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