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A New Initiative for Saving on Gas

A New Initiative for Saving on Gas

(Washington) The Energy Department have given our wallets and our atmosphere a little bit of break through a program called eGallon. 

eGallon is a way for consumers to compare the costs of using electric vehicles verses driving on gasoline.

With this program, many states throughout the United States have taken this initiative.

 In Indiana the eGallon price is $1.04, in Ohio it is $1.12, and in Kentucky it is $.92. 

“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,” said Energy Secretary Ernest Moniz. “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.”

eGallon calculates the amount by determining how much electricity the most popular vehicles would need at the same distance as similar models of gasoline-fueled vehicles would travel on a gallon of gasoline. That amount of electricity is then multiplied by the average cost of electricity for the state.

Just in the last few years, significant costs have reduced and improvements in vehicle performance have increased.

In 2012 sales of plug-in electric vehicles, PEV, in the U.S. have tripled with more than 50,000 cars sold.  Sales have significantly grown in 2013 as well. 

 

 

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