With green fuel on the rise and many consumers concerned about the environmental impact on their new vehicle purchase, electric vehicles are getting a second look from people who had previously not considered them. What are the benefits of electric vehicles?
The main reason many people initially consider electronic vehicles is, obviously, that they’re good for the environment. Some consumers express concern that the electric vehicles do require quite a few resources to create and dispose of the battery. However, studies have shown that electric vehicles really are better for the environment. Although it does take quite a few resources to make the car in the beginning, over time the cars do use fewer resources in total energy consumption. Experts say that one third of greenhouse gas emissions come from transportation and most of that comes from individuals driving rather than public transportation. Electric vehicles reduce emissions, reduce the use of oil and other dangerous fluids, and their quiet motors reduce noise pollution.
Electric vehicles are energy efficient. Gasoline powered vehicles convert about 17-21% of the energy stored in gasoline to power the vehicles. Electric vehicles convert about 59-62%. Electric vehicles get better fuel efficiency – often significantly better. For example, the 2012 Honda Civic Hybrid gets 44 miles per gallon, whereas the original Honda Civic gets only 32 miles per gallon.
Electric vehicles will save you money. Although they may cost more up front, these vehicles are less expensive to run than their alternatives. You’re buying less gas and getting better mileage, which can save about $1100 per year in fuel. Because of the lack of transmission or combustible engine in electronic vehicles you can also save money by no longer needing oil changes, emissions testing or fuel filters. Experts say there are even fewer repairs needed because the braking system is more simplified than those in conventional vehicles.
The IRS offers a tax credit to consumers who purchase electronic vehicles. Credits depend on the type of vehicle purchased and range from get $2500-$7500. Fill out IRS form 8834 and attach it to your April tax form for a nice spring bonus for your purchase.
Electric vehicles have a smooth operation – their performance benefits make them a great choice even for those who are less concerned with the environment. They’re known for being extremely quiet. They also have strong acceleration capability. Generally, experts say that because electric vehicles have fewer moving parts, they don’t require oil changes, leveling off of transmission fluids and require very little maintenance visits as a result.
Finally electric vehicles reduce energy dependence. The United States imports about 45% of its petroleum and the majority of that fuel is used for transportation. Depending on oil-rich countries in politically volatile situations leaves the U.S. vulnerable to price changes, accessibility and shortages. Electric vehicles depend on energy available domestically.
Although there you might pay a bit more up front to purchase an electric vehicle, they seem to be worth it in the long run. You’ll save time and money with no oil changes and fewer maintenance trips and with Uncle Sam’s tax break, but you’ll also be making a major impact on your carbon footprint and doing your part to make the world a better place.