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Simple Math vs. the US Government
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Simple Math vs. the US Government


May 26, 2014, 11:15 PM

Eric Bolling (Fox Business Channel's Follow the Money) test drove the Chevy Volt at the invitation of General Motors. For four days in a row, the fully charged battery lasted only 25 miles before the Volt switched to the reserve gasoline engine. Eric calculated the car got 30 mpg including the 25 miles it ran on the battery. So, the range including the 9 gallon gas tank and the 16 kwh battery is approximately 270 miles.




It will take you 4 1/2 hours to drive 270 miles at 60 mph. Then add 10 hours to charge the battery and you have a total trip time of 14.5 hours. In a typical road trip, your average speed (including charging time) would be 20 mph.




According to General Motors, the Volt battery holds 16 kwh of electricity. It takes a full 10 hours to charge a drained battery. The cost for the electricity to charge the Volt is never mentioned so I looked up what I pay for electricity. I pay approximately (it varies with amount used and the seasons) $1.16 per kwh.




16 kwh x $1.16 per kwh = $18.56 to charge the battery. $18.56 per charge divided by 25 miles = $0.74 per mile to operate the Volt using the battery. Compare this to a similar size car with a gasoline engine that gets only 32 mpg. $3.20 per gallon divided by 32 mpg = $0.10 per mile. The gasoline powered car costs about $15,000 while the Volt costs $46,000.


So the Government wants us to pay 3 times as much, for a car that costs more than 7 times as much to run

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You obviously haven't had the benefit of a common core math.


May 26, 2014, 11:19 PM

edjumacation. It's all made up in volume.

I promise.

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something's wrong if you're paying $1.16 per kwh.***


May 26, 2014, 11:21 PM

http://www.cityofgastonia.com/electric-services/residential-electric-services/residential-electric-rates

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"Anybody that says Coach Brownell is the best coach to come through Clemson is going to start an argument." -JP Hall


Re: something's wrong if you're paying $1.16 per kwh.***


May 27, 2014, 10:32 AM

These are NOT my numbers. I thought it was interesting that someone TRIED to make a valid comparison, BUT.....

As USUAL......

The media didn't take the time to properly research and validate their numbers before doing the math and writing the article.

See the tendency here???? Been going on a long time--remember Wold Blitzer and the Balloon Boy-- and most people just fold up the newspaper and put in under the chicken coop.....

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Re: something's wrong if you're paying $1.16 per kwh.***


May 27, 2014, 10:40 AM [ in reply to something's wrong if you're paying $1.16 per kwh.*** ]

I agree 110%. What is so crazy is the protocol to have your dwelling's service added on to to accommodate a charging station in this area of NC.

Permit fees, permit inspections, possible service up-grades, costs, pain and suffering, dealing with HOA's and the "Hysterical Society" along York Chester, "Letters of Appropriateness"(no, I am NOT kidding...).

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Re: something's wrong if you're paying $1.16 per kwh.***


May 27, 2014, 4:00 PM

The charger that comes with the car plugs in to any 110 outlet.

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You really pay $1.16 per KWH?


May 26, 2014, 11:36 PM

Hawaii residents, which far and away pay the highest in the country, pay roughly a third of that

http://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_5_6_a

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Re: Simple Math vs. the US Government


May 26, 2014, 11:47 PM

This is why I ride a unicycle to work. It is much Cheaper for me to eat high fructose corn syrup and pedal.

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Electric rate of $1.16/kwh sounds high, plus you can


May 27, 2014, 12:24 AM

refuel the gas tank. Still is not a good deal, but the range extending engine works.

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Duke power charges less than $0.10/kwh


May 27, 2014, 9:30 AM

http://www.duke-energy.com/pdfs/NCScheduleRS.pdf

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Re: Simple Math vs. the US Government


May 27, 2014, 12:52 AM

I think he missed a decimal place there.... hmmm.. common core? No, he would have missed another decimal place which would have offset the first one he missed.

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Re: Simple Math vs. the US Government


May 27, 2014, 2:11 AM

i work for a power company that is one of the lowest 10 rates in the state. The rate we use is .0785 for power charge and .0243 for the first 500kwh and .0167 for the rest. Therefore your paying about $99.00 for every 1000kwh.
Using your math above with corrected numbers that would be .065 cent per mile. Recrunching the numbers to make it all balance out you would still need to go about 100,000 miles to make the math work out. Also your numbers on the cars are wrong. You arent getting a new car for 15k probably closer to 20k and a new volt runs about 36k.

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Re: Simple Math vs. the US Government


May 27, 2014, 2:51 AM

Y'all are missing the point. The black man lied!

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Re: Simple Math vs. the US Government


May 27, 2014, 5:23 AM

Don't be silly. Only rich, old white people li do that!

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Discussing the same with my son one evening, he said,


May 27, 2014, 5:57 AM

"You don't need to worry about savings. You drive two speeds...fast and stop...and you're not going to save a penny regardless of the car."

He may have been on to something....lol

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you have to factor in global warming


May 27, 2014, 6:20 AM

you are doing your part, sure it costs a bit more but...

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Re: Simple Math vs. the US Government


May 27, 2014, 7:37 AM

I'm no fan of Chevy or the Volt, but as others have said, your analysis is off.

The biggest shortcoming of your analysis is how the car is used. The Volt is good for short commutes to work, not long trips (who the hell would take an electric car on a 4.5 hour ride? was it just to "prove" that it's expensive to drive?). The quick statistics I could find show that 50% of commuters are going 10 miles or less one-way, and another 25% are going less than 25 miles. Power in the southeast is only about $.12/kwh, and could be much less if you charge off-peak.

http://voltowner.blogspot.com/2012/11/almost-1-year-of-ownership-with-volt-my.html
This guy is clearly an extreme example, but it goes to show what can be done with any EV. At $3000/yr savings over gas, you save the difference between the volt and an average sedan in just a few years.

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Re: Simple Math vs. the US Government


May 27, 2014, 7:37 AM

I am not aware of any law requiring one to purchase a Volt. Here is some irrefutable math for you: No matter how much oil is in the ground, there is an EXACT amount down there. And when it's gone, it's gone forever.

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Re: Simple Math vs. the US Government


May 27, 2014, 7:51 AM

I have driven a Chevy Volt for over 1 1/2 years now, and I have NEVER only gotten 25 miles on a full charge. This is the problem with people these days: they just spew crap that isn't true. If you're going to make an argument, try doing it with facts. It does take 10 hours to charge, unless you get a 240V charger, which reduces it to 4 hours. I have NO idea where you got your electricity costs from, but they are WAY off! I spend $30/month additional on electricity by charging at home. On average, I use 15 gallons of gas a month, which is approximate;y $60. So, I spend a total of $90 per month in traveling approximately 1500 miles. My old Dodge got 25 MPG, so that would have been over $200. Also, the Volt gets 40 mpg...not 30 mpg. Get your facts straight before you make a fool of yourself

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Re: Simple Math vs. the US Government


May 27, 2014, 7:55 AM

I also should point out the following: you get a $10,000 ($7500 federal and $2500 SC) tax credit and a Volt is $40,000. So, you pay $30,000, not the $46,000 you claim. I spend almost $100/month less on car payment + gas/electric bill than I did for a Dodge Caliber.

Also, how can you compare a $15,000 car (as you put it) with a Volt? The options, quality, etc. don't come close to comparing!

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Your numbers are WAY off! The Volt, fully loaded, is


May 27, 2014, 8:20 AM

$35,000. Then, you get $10,000 back from the government you just bashed, plus an additional tax incentive each year. I know the 2012 Volt has a 10KW battery and takes 8 hours to charge on 110, 4 hours on 220. I only pay .08 per KWH. And the Volt gets 40 MPG on gas alone. The average person doesn't drive 40 miles round trip to and from work. So, they rarely even have to use gas. I can personally attest to the benefits. I bought my 2012 Volt for 20,000 last year. It now has almost 60,000 miles on it. It has averaged 202 MPG for the life of the car. Plus, I haven't had to change the brakes yet, because the car uses regenerative braking, and I barely have to use the brakes. I personally drive 50 miles a day just to get to and from work. The car is really nice. It has all the bells and whistles. It has leather, heated seats, built in GPS and backup camera, hands free everything, a 30 Gig hard drive, etc. Do you work for the gas company, or something?

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who could bash a government giving $10,000 to electric car buyers?


May 27, 2014, 8:25 AM

It's almost as if they want to pick winners and losers in the marketplace.

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"Anybody that says Coach Brownell is the best coach to come through Clemson is going to start an argument." -JP Hall


Give me economic freedom or give me death


May 27, 2014, 8:30 AM

Why would you want the government incentivizing what you purchase?

Next they're going to be giving tax credit for soccer balls and taxing footballs out of this world.

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Re: who could bash a government giving $10,000 to electric car buyers?***


May 27, 2014, 8:33 AM [ in reply to who could bash a government giving $10,000 to electric car buyers? ]

Er, let's see, where does that money come from? What product does the wonderful guv sell to raise that money? Oh, wait, that's right, higher taxes that we all pay. I am all for alternative energy sources and uses but not sure this is the preferred way to go. Right now Uncle Sam is propping up a market that does not yet exist in sufficient demand.

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Re: who could bash a government giving $10,000 to electric car buyers?***


May 27, 2014, 9:07 AM

I, personally, don't want to give my money to foreign countries just because we can't be independent with our fuel needs. I'm all for people getting 12MPG. They pay a LOT of taxes at the pump. But, I'm also all for taking money from a government that won't open up valuable pipelines within our own borders because they're too scared of the liberal response to how it will affect the environment. Meanwhile, a FOREIGN-owned oil conglomerate creates the largest oil spill in history in OUR Gulf. Are you saying that you wouldn't take $10,000 from the government, if they offered it to you because of your moral principles? I'm not trying to be offensive, but I highly doubt that.

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you have no foresight.


May 27, 2014, 9:11 AM

Cash can be printed left and right. Oil is finite. You use up the other guys stash before you tap into yours. Even p otheads know this.

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Geville Tiger on Clemson football , "Dabo's only problem is he has to deal with turd fans questioning every move he makes.”


Re: you have no foresight.


May 27, 2014, 9:13 AM

As the supply goes down, the price goes up. Pot DEALERS know this. If you print money, the VALUE of it goes down. Democrats DON'T know this...

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He doesn't want a $35,000 car. Neither do I. Our


May 27, 2014, 12:06 PM [ in reply to Re: who could bash a government giving $10,000 to electric car buyers?*** ]

government should not be paying production tax credits for wind energy or incentivizing EV purchases.

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Serious question...


May 27, 2014, 8:59 AM [ in reply to Your numbers are WAY off! The Volt, fully loaded, is ]

How long do the batteries last before you have to replace them? And how much do they cost?

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Re: Serious question...


May 27, 2014, 9:11 AM

They have a 8 year/100,000 mile warranty. And, from what I hear, they cost $6,000. The warranty replaces them if they fall below a certain percentage of capacity. I'm not super clear on the details. A quick search found this http://gm-volt.com/2010/07/19/chevrolet-volt-battery-warranty-details-and-clarifications/ apparently they're trying to go with a 10 year/150,000 mile warranty.

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Re: Simple Math vs. the US Government


May 27, 2014, 8:36 AM

I'd say your calculations are probably accurate. It sounds so pro-active to sacrifice to use the little cars, but not much bang for the bucks, and not much difference to be gained, really. I hope they continue looking for better ways that really have an impact and are practical, though. It will be tough to affordabley and effectively replace what we now have.

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Re: Simple Math vs. the US Government


May 27, 2014, 8:51 AM

What's to be done with the batteries once they are spent? They are highly toxic

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We do Chicken right...it's not just for frying anymore!


Re: Simple Math vs. the US Government


May 29, 2014, 8:34 AM

They will be deposited in some toxic waste site and will forever be a threat to people, to the environment and to the well being of mankind, but the little wackos will be happy for a while, just a short while, as everyone suffers.

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Stop hurting my planet and those dead dinosaurs!


May 27, 2014, 9:27 AM

LOL

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WHAT IS WRONG WITH YOU PEOPLE???


May 27, 2014, 9:35 AM

Does anybody realize we have a football game in 95 days?

FOCUS!!!

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Good point!


May 27, 2014, 9:37 AM

touché

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Terrible analysis. Who gets in their car every morning and


May 29, 2014, 10:07 AM

drives the entire range of their gas tank every day?

Almost no one.

Who gets in their car and drives about 25 miles or less to work every day?

Almost EVERYONE.

Even if you take this guys word for it that he only got 25 miles on all-electric, you just removed the gas used for the drive to work for 85% of Americans and eliminated the gas for the entire commute for over half of America. If you take that information and try to discount it based on driving 270 miles every day, there is only one reasonable conclusion: You have an agenda.

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null


Take the politics to the political board..


May 29, 2014, 10:18 AM

By the way Clemson is helping to develop technology for vehicles that use less or no gas. So which do you like more Clemson or Faux News?

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