Last month, after two failed transmissions in <75k miles and a 4th fuel pump failure, I decided to replace my 2000 Dodge Avenger that I've had for the last twelve and a half years. It was a sad decision; although the Avenger wasn't my first car, it was the first car I ever really
wanted before getting. But there were just too many breakdowns, and given that the Avenger got 23 MPG on a good day, gas prices made this decision a lot easier.
I had been strongly considering a Volt for the last year or so. Even before the Volt was released, I had
commented that I really believed that that car was revolutionary; a key stepping stone and necessary transitional phase from a gas-based transportation economy to an electricity-based transportation economy. Late last month, I decided to pull the trigger and pick one up.
For those that don't know, the Volt is a plug-in hybrid: you plug it in (it comes with a portable 120v charger that plugs into any standard power outlet) and charge the internal battery to receive ~38 miles of all-electric range (this takes about 11 hours with an empty battery). After you run out of battery power, the car seamlessly transitions to a gas-powered engine, which generates electricity for the electric motor that powers the wheels. The Volt is rated at 37 combined MPG while running on gas (premium is required). The gas tank is 9.5 gallons, which gives you a combined range of ~390 miles (with full charge and full tank).
Now, in my case, I live about 13 miles from work, so I can actually make from home -> work -> home on one charge. However, I also have the ability to charge at work for free (my job actually has
one of the largest privately owned solar arrays in CA), which helps to offset my costs even more. While I potentially could charge exclusively at work (and go work -> home -> work on one charge), for the first month, I tried to limit my at work charging to get a better idea of the impact on my electric bill. I only charged at work on days when I would drive at lunchtime, and then only for 4 hours or so after lunch.
After one complete month of driving (1/26-2/26), I can report that I drove ~1150 miles and used exactly 0.9 gallons of gasoline. As for my electricity bill: it
decreased by $12 from the previous month. So essentially, I went from spending $120/month on gas (in my Avenger) to roughly -$8/month. That's... an improvement.
Part of the reason my electric bill decreased is because my utility company (Pacific Gas & Electric) allows electric vehicle owners to switch to a plan that is very heavily time-of-use based. The default electric plan has no time-of-use component; it doesn't matter when you use electricity, only how much. Because of this change to my billing (which is only available to EV owners), I went from 639 kWh to 765 kWh but still paid less. However, if I lived in a house where much of my electricity was used during the day (e.g. I had a stay-at-home spouse), this might not have been the case.
To give a little clearer idea of the charging costs, here's the way it works for me: I get a baseline amount of electricity each month (from Nov-Apr, it's 372 kWh) at the cheapest rate. Between 372 and 748 kWh, the price gradually increases, and then anything over 748 kWh is billed at the max rate. If I charge the Volt during the offpeak (night) hours, depending on my other electricity usage that month, it's between $0.58 and $2.60 for a full charge (my average was about $1.21).
In conclusion, I can only say that from a fuel cost standpoint, this car has worked even better than I could have hoped. It's a fun car to drive, has lots of cool tech features, and I get the added bonus of not sending extra money to theocrats in sand dunes.