Electric vehicles are looking better and better to motorists disgusted by paying more than $4 a gallon for gas.
Assuming all other costs are equal, it’s simply cheaper to run electric and hybrid vehicles compared to their gas-only counterparts. But all other costs aren’t equal, of course. Automotive analysts say you should expect to wait years before your accrued fuel cost savings exceed the additional money you spent on the vehicle.
The South Florida Sun Sentinel compared costs of running the various vehicles types at a Vehicle Cost Calculator website operated by the U.S. Department of Energy.