Some decisions are easy to make. Decaf or regular? Wheat or white toast? Others require a little homework. Like buying a car. We deliberate over color and features, and now, car shoppers are contemplating electric versus gasoline. MGE's Explore My EV tool can help you pencil out potential savings by driving electric.
Some electric vehicles (EVs) cost more up-front. But drivers can save money on fuel and maintenance. Explore My EV does the math for you.
Visit mge.com/exploremyEV. The first step is to select an electric and gasoline car to compare. Next, you'll be asked to enter some basic information like address, driving habits and average monthly electric bill.
Explore My EV takes this information and gives you a quick comparison of fuel costs and suggests other ways you might save. It also helps you decide which electric rate plan makes the most sense for you. And, you can view different scenarios by changing information like down payment and interest rates. If you want to dive deeper into the numbers, you'll find a more detailed financial comparison that includes information like average monthly expenses and potential lifetime savings.
Finally, you'll find links to information on MGE programs and services that can help you save money or charge on renewable energy. Learn about MGE's Charge@Home program. MGE coordinates the installation of a Level 2 charging station that is up to six times faster than a standard outlet. You pay about $20 a month, and MGE handles any repairs.
If you already own an EV, check out the Explore My EV rate comparison tool to find out if you might save by enrolling in Shift & Save. The program offers discounted rates for customers who shift their electricity use to nights and weekends.
There's a lot to discover—and a lot to love—about EVs. Learn more about EVs at mge.com/LovEV. And, for news and features about EVs, stay plugged in to the EV Rider section of mge2050.com.
Until next time,