Unlike electric vehicles, petrol-powered cars have been helping Aussies get from A to B for around 100 years.
Yet while we’ve almost made an art form out of collecting supermarket dockets and guessing when the best time is to pull up to the petrol pump, could switching to an electric car be a cheaper and more hassle-free way for taking to the road?
A brief look at the bowser
The truth about petrol prices is that they don’t stay the same for that long. So how much it costs to run your petrol-powered car can depend on when exactly you head to the pump.
But what we do know is that, on average, Australia’s passenger vehicles gobble up 10.5 litres of fuel to travel 100kms1. So, if you lived in Brisbane, where in 2015 the average petrol price was $1.30 per litre2, you’d spend $13.65 for your trip.
On top of that, there’s also the price our environment pays for the carbon emissions produced by your car. And in 2012, because of the increasing number of cars on the road resulting from Australia’s booming population, 12% of our country’s total greenhouse gas emissions came from road transportation3.
The power to pay less on travel
The technology that sits behind electric vehicles is quickly evolving, making these cars more efficient and affordable. So the possibility of having one parked in the garage is getting closer for more and more people.
There’s also the growing level of control many of us now have over our electricity costs, largely thanks to the rising popularity of solar panels and batteries across Australia.
But just say your home doesn’t have solar panels, or a battery. That you’d need to charge your electric car by using power from the grid. How much would you spend?
Well, that all depends on the capacity of your electric vehicle’s battery, and the energy deal you currently have at home.
But, if your electricity rate was $0.25 per kilo Watt hour (kWh) – which is the Australian average – and your car used 18kWh4 to travel 100kms, all in all, you’d end up spending $4.50 in running costs for the journey in your electric car. That’s less than a third of what the same trip would cost you in a petrol-fuelled equivalent.
Just think about how these savings could gather some real momentum over the course of one year, too.
In the 12 months leading up to 31 October 2014, it’s estimated that the average passenger vehicle in Australia travelled 13,800kms1. If that’s true, using Brisbane’s 2015 average petrol price2, car owners who charge their vehicle – rather than pay by the litre – could save as much as $1,262 on their car’s running costs.
We’re ready to fuel your ride
Electric vehicle prices are continuing to come down, and the distances the cars can cover are steadily on the increase – which is all great news for everyone.
So if and when the time’s right for you to swap your petrol-powered car for an electrifying set of wheels that’s kinder on the environment, we’ll be ready to join you on your journey.
Learn more about charging stations and the AGL Electric Car Plan, which can give your vehicle unlimited charging for just $1 per day – that’s completely carbon offset thanks to the AGL Future Forests initiative.
- ABS – Survey of Motor Vehicle Use, 2015.
- RACQ Annual Fuel Price Report – 2015.
- Based on the average electrical energy requirements of the Tesla Model S (18.5-19.8 kWh), Nissan LEAF (17.3 kWh) and BMW i3 BEV (12.9-13.4 kWh) to travel 100km, as per the manufacturer’s data published in the Australian Government’s Green Vehicle Guide.