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How Solar Power Is Helping Electric Vehicle Owners save Even More Money

How Solar Power Is Helping Electric Vehicle Owners save Even More Money

An Insight on Renewable Energy

For the past few years, renewable energy has been setting records, and it does not appear to be slowing down anytime soon. Solar PV accounted for 43 percent of all new electricity-generating capacity additions through Q3 2020. Similarly, amid a drop in total car sales, electric vehicles (EVs) experienced new record growth in 2020. Moreover, these businesses have shown remarkable resiliency. Even in the face of a global pandemic, as the market for greener solutions continues to rise.

Why Should You Opt for Solar Energy?

Solar energy will keep the engine going. The solar-powered electric vehicle is not only a more environmentally friendly but also a more cost-effective option. This is particularly true if the house is equipped with free solar power quotes and high-efficiency solar panels. Compared to traditional panels, free solar power quotes’ panels produce more power in less volume. 

Instead of entirely depending on the electrical grid, a home can generate its electricity with solar energy. When it is time for your monthly electric bill, this will save you a lot of money.

When the sun does not provide enough fuel, homeowners with free solar power quotes’ Sun Vault storage systems may use their solar batteries to make up the difference. 

What Is the Sun Vault, and How Is It Beneficial to You?

Sun Vault’s intelligent program provides homeowners with a variety of options to use their excess resources. It can be stored, used during peak demand hours, or tapped into during power outrages. When homeowners depend on their electricity to power essential properties, such as the family car, it is a great solution. 

Our Inspection of Electric Vehicles

One solar consultant’s question often posed during an online consultation is whether the homeowner owns an electric vehicle. This helps our team to calculate the correct number of solar panels needed to power the home and the electric vehicle.

Measures for Electric Vehicle Owners

Electric vehicle owners must calculate their costs using a different formula from those that calculate miles per gallon. Kilowatt-hours per 100 miles is a standard unit of measurement. To calculate the cost of an EV’s consumption, drivers multiply the kWh/100 miles of their vehicle by the cost of electricity in charged cars. 

This will allow you to account for any additional demand charges or fees that the utility provider may impose at different times of the day. Many electric vehicles, for example, get around 25 kWh per 100 miles. 13.3 cents per kilowatt-hour is the national average. When you multiply 25 kWh per 100 miles by the national average of 13.3 cents, you get a $0.03 average cost per mile.

How Electric Vehicles Save Money Quickly?

When electric vehicles grow, more dealerships will need to figure out how to reduce the electric load that getting the cars on-site brings. Again, there is no denying that compelling solar + storage solutions are capable of handling the task.

Growth on Electric Vehicles

Over the next few years, famous automobile manufacturers are ramping up the production of electric vehicle models. Toyota aims to introduce 60 new hybrid, battery, or fuel-cell vehicles, and BMW expects hybrid and electric vehicle sales to account for 15 to 25% of total global sales. 

Endnote

Most homeowners are likely to discover that electric vehicles are generally much eco-friendlier and more cost-effective over time than their gasoline-powered counterparts, particularly if they are charged with solar power.

Solar power is not only the most cost-effective option, but it is also the most sustainable and dependable. It’s for this reason that we expect more EV owners to go solar. It simply makes sense.

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