PSEG charged me last month
PSEG charged me last month $160 for 664kWh usage. This equates to $0.24 / kWh. As per fueleconomy.gov, Tesla model Y uses 28kWh to drive 100 miles. This will cost me $6.72 in electricity to drive 100 miles. If I were to get a RAV 4 hybrid, I'll need 2.5 Gal of gas to go 100 miles. With the local gas price at $2.02 / gal, the cost to drive 100 miles is $5.05. Price of Gas do fluctuate around her but electricity cost has been creeping up. Gas price will need to be $2.69 / gal to break even at my current electric rate. Unfortunately, it is cheeper for me to drive a hybrid then a full electric car.