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Domain: Domestic charging of electric vehicles incurs lower costs compared to traditional gas automobiles.

Electricity and fuel costs are heading in opposite directions, making it more affordable to charge an electric vehicle at home than to refuel a conventional engine car. German comparison website Check24 revealed on Thursday that the typical yearly expense of fueling a petrol car stands at 1542...

Cars for export in the port of Duisburg
Cars for export in the port of Duisburg

Domain: Domestic charging of electric vehicles incurs lower costs compared to traditional gas automobiles.

It's estimated that the annual cost of charging an electric car exclusively at home is approximately 840 euros. If an alternative energy provider is used instead of the main supplier, this figure drops to 627 euros. On the other hand, charging electricity at public normal or fast charging stations is much pricier and similar to the expenses incurred while refueling combustion engines.

At present, electricity is significantly less expensive than diesel and gasoline. In contrast, fuel prices have substantially increased over the years. As a result of the increasing CO2 emissions tax, consumers should expect further price hikes in the near future.

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The difference in cost between charging an electric car at home and using a public charging station can make a significant impact on the annual expenses, sometimes approaching the cost of refueling a car with a combustion engine. By comparing electricity prices to fuel prices, it's clear that electricity is currently a more affordable option. Homeowners looking to switch to an electric vehicle can save even more by exploring alternative energy providers through platforms like Check24. The cost of using an electric car, including electricity and maintenance, is expected to remain lower than that of a traditional gas automobile, especially as diesel and gasoline prices continue to rise due to increasing CO2 emissions taxes. On the other hand, the high price of fuel for combustion engine cars drives more people to consider the long-term savings of electric cars, such as electric models like the E-car.

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