It’s hard to believe but April is almost over! What an amazing month to talk about the numerous ways Affordable Electric Vehicles (EVs) and Plug-In Hybrid Electric Vehicles (PHEVs) can save you money.
KEY AREAS DISCUSSED:
- Powering your EVs – electricity continues to be a much cheaper source of energy than gasoline, especially when charging at home. When paired with a time of use plan, the cost equivalence for charging an EV is less than $1.00 per gallon
- Used EV’s are beginning to flood the market, meaning more options for finding an inexpensive reliable EV in your area.
- The used EV tax credit can instantly deduct up to $4,000 of the purchase price of an used EV! Just be sure to check beforehand about eligibility.
- Evergy offers an EV charging rebate for installing a level 2 charger in your home! This can take $500 off the price of installing a charger in your garage.
- Be sure to take into account the total cost of ownership (TCO) when evaluating the cost of owning an EV versus an ICE vehicle.