Mar 13, 2024 - News
🔋 Here's what it costs to charge electric vehicles in Michigan
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Michigan has lower-than-average prices for charging an electric car at public charging stations.
- The national average is $0.45 per kWh.
- Michigan's rate is $0.39 per kWh.
Context: A typical EV with 300 miles of range usually takes about 75-100 kWh to go from empty to full.
The big picture: The cost of charging an electric vehicle widely varies from state to state, writes Axios' Alan Neuhauser, using data gathered by Stable Auto.
- Charging an electric vehicle costs three times as much in West Virginia as in Nebraska.
Between the lines: The gap in prices suggests that EV charging companies are still figuring out how to price a top-off.
- Cheap electricity in America's Midwest, for example, may explain the discounts in Nebraska, Iowa, North Dakota and Kansas, which aren't exactly hotbeds of EV adoption.
What they're saying: "Prices are probably set incorrectly and don't reflect underlying supply-demand," Stable CEO Rohan Puri tells Axios.
- "There is still a lot of price herding in the industry with players, by and large, setting their prices based on what other nearby chargers have set their prices at."