2020
DOI: 10.1016/j.joule.2020.05.013
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Levelized Cost of Charging Electric Vehicles in the United States

Abstract: The cost to charge an electric vehicle (EV) varies depending on the price of electricity at different charging sites (home, workplace, public), by region and time of day, vehicle use, and for different charging power levels and equipment/ installation costs. We report state-level charging costs under alternative scenarios, showing major variability owing to regional heterogeneity and different charging strategies. We also calculate the lifetime fuel cost savings of an EV compared with those of a gasoline vehic… Show more

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Cited by 107 publications
(67 citation statements)
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References 28 publications
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“…The work in Reference 15, indicated that the cost of charging an electric vehicle at a charging point located in Italy and composed of a photovoltaic system can be around 0.21 US $/kWh in the moments when the sun is not used, and around 0.08 US $/kWh for a sunny day in August, for example. Reference 20 found charging values for electric vehicles in the United States that vary between 0.08 and 0.27 US $/kWh for charging electric vehicles, noting that the national average for charging the batteries of this type of car is around 0.15 US $/kWh, which is the average price of kWh for residential consumption in the country. In the four studies, the average residential tariff is about 0.18 US $/kWh, excluding taxes it is about 0.14 US $/kWh.…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…The work in Reference 15, indicated that the cost of charging an electric vehicle at a charging point located in Italy and composed of a photovoltaic system can be around 0.21 US $/kWh in the moments when the sun is not used, and around 0.08 US $/kWh for a sunny day in August, for example. Reference 20 found charging values for electric vehicles in the United States that vary between 0.08 and 0.27 US $/kWh for charging electric vehicles, noting that the national average for charging the batteries of this type of car is around 0.15 US $/kWh, which is the average price of kWh for residential consumption in the country. In the four studies, the average residential tariff is about 0.18 US $/kWh, excluding taxes it is about 0.14 US $/kWh.…”
Section: Resultsmentioning
confidence: 99%
“…In addition to concerns with the specific tariff models to be applied to charging points for electric vehicles, the literature also discusses still open questions about this new activity in the sector, as in Reference 19, which addresses the issue from the allocation of energy in the EVs and the establishment of an operating policy based on the optimization between network resources and renewable systems. In Reference 20, the authors pointed out that the costs related to EV charging can be modified according to the time of day, region, and different energy levels, and thus determined an average cost to charge EVs in the United States, in addition to comparing these costs with other inputs, such as gasoline. Reference 21 indicates that comparisons with other types of fuels, such as gasoline, can boost the adoption of EVs and generate a sense of economic well‐being.…”
Section: Introductionmentioning
confidence: 99%
“…This value may be deducted from the total cost if considered. Some assumptions are made such as ignoring the vehicle residual value mainly because some data are not available conventionally for residual value of battery electric vehicles (BEVs) [35][36][37]. Consequently, the general equation for levelized cost is written as follows:…”
Section: Flywheel Energy Storage System (Fess)mentioning
confidence: 99%
“…Figure 1 describes the basic charging infrastructure for the electric vehicles with the level of charging at each charging station [28]. Figure 2 shows the charging infrastructure for EVs with different charging station configuration.…”
Section: Introductionmentioning
confidence: 99%