Chevy Volt's Energy Cost

Topic: Cars

Here's an interesting article from MarketWatch regarding how much it will cost to charge the batteries overnight for the upcoming Chevy Volt.

I still don't like the look of the production version, but still love the technology.

Interesting statistics from the article:

• Off-peak (10 pm to 6 am) cost to charge: $.80/day, $24/month, $292/year
• Peak cost to charge batteries: $2.40/day, $73/month, $876/year
• Gasoline cost for my Mustang (at $3.70/gallon): $7.93/day, $237.86/mo, $2,886.52/year
  
• If every car, pickup and SUV in America were a plug-in hybrid, the power grid as it stands now could fuel 84% of them if they charged during off-peak hours
• A computer and monitor on all day long is about the exact same cost as filling up your Volt