It’s The Poor Who Will Pay

By Paul Homewood

 

 

A couple of thoughts!

car

 

We have talked about air source heat pumps, and we all understand that the colder the weather, the less efficient and more costly they become to operate.

What this means, of course, is that the further north you live, the more you will be penalised financially.

 

Now combine this thought with electric cars.

Last year our local shopping centre installed half a dozen electric car chargers. (Incidentally, they also had to build a new substation to feed them – I’ve no idea what rating it has, but physically the building that houses it is the same size as the original substation which feeds the whole centre).

I had a closer look yesterday, and the charge is 35p/KWh, which compared to a domestic rate of about 14p. Obviously the mark up is perfectly fair, as whoever runs it needs to recover their capital costs and overheads.

According to Nissan, the Leaf’s 62 KWh battery gives a range of up to 239 miles. At 35p/KWh, this equates to 9.1p/mile. At the domestic rate, this comes down to 3.6p/mile.

If you do 10,000 miles a year, public charging will cost you £550 extra a year. And that is what you might end up having to do if you are not lucky enough to have off street parking.

A comparable diesel car, the Ford Focus, gets up to 55 mpg, which at current prices would cost 9.8p/mile. But more importantly, when you exclude fuel duty of 57.95p/litre, this cost drops to 5p/mile.

So not only would the poor sucker without a driveway be much worse off than the rich guy with the big house down the road, he would even be much worse off than he was before, when he driving his diesel.

And if he happens to live up north in Newcastle, he had better take out a bank loan!

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November 24, 2020 at 05:51AM

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