Tesla Model Y Gas Savings Calculator

Tesla Model Y Gas Savings Calculator

Based on the search results and the query, I’ll create a comprehensive table summarizing key information about Tesla Model Y gas savings. This table will include important factors for calculating potential savings when switching from a gas-powered vehicle to a Tesla Model Y.

FactorValueNotes
Tesla Model Y Efficiency4.0 miles/kWhMost efficient SUV as per Tesla’s claim 1
Average U.S. Gas Price$3.24/gallonAs of September 12, 2024 2
Average U.S. Electricity Rate16.62 cents/kWhAs of October 2024 3
Average Annual Miles Driven12,000 milesTypical assumption for annual mileage
Average Gas Car MPG38 mpgNew vehicle standard for 2031 4
Highest Efficiency Gas Car~33 mpg combinedFor comparison with non-hybrid vehicles 5
Annual Energy Cost (Tesla Model Y)$498.60Based on 12,000 miles/year and average electricity rate
Annual Fuel Cost (38 mpg Gas Car)$1,021.05Based on 12,000 miles/year and average gas price
Annual Savings$522.45Difference between Tesla Model Y and 38 mpg gas car
Percentage Savings~51%Compared to 38 mpg gas car

Additional considerations:

  1. The savings will be even greater when compared to less efficient gas vehicles.
  2. Electricity rates vary significantly by state, ranging from 11.5 ¢/kWh in Louisiana to 42.67 ¢/kWh in Hawaii 3.
  3. Gas prices also vary by state and fluctuate over time.
  4. The Tesla Model Y’s efficiency may vary slightly based on driving conditions and model variant.
  5. This calculation doesn’t include potential savings on maintenance, which are typically lower for electric vehicles.
  6. The initial cost of the Tesla Model Y is higher than many gas-powered vehicles, which should be factored into long-term savings calculations.

This table provides a comprehensive overview of the potential gas savings when switching to a Tesla Model Y, based on average U.S. figures. Individual savings may vary depending on local energy prices, driving habits, and the specific gas vehicle being compared.

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