Problem 82
Question
Use the following tables. The following table gives fuel and electric requirements per mile associated with gasoline and electric automobiles: $$\begin{array}{|l|c|c|}\hline & \begin{array}{c} \text { Numeer of } \\\\\text { GatLons/Mile }\end{array} & \begin{array}{c}\text { Numeer of } \\\\\text { kW-hr/Mile }\end{array} \\\\\hline \text { SUV full size } & 0.06 & 0 \\ \hline \text { Hybrid car } & 0.02 & 0.1 \\\\\hline \text { Electric car } & 0 & 0.3 \\\\\hline\end{array}$$ The following table gives an average cost for gasoline and electricity: $$\begin{array}{|l|c|}\hline \text { Cost per gallon of gasoline } & \$ 3.80 \\\\\hline \text { Cost per kW-hr of electricity } & \$ 0.05 \\\\\hline\end{array}$$ Environment. Assume you drive 12,000 miles per year. What are the yearly costs associated with driving the three types of cars in Exercise \(81 ?\)
Step-by-Step Solution
VerifiedKey Concepts
Fuel Efficiency
For vehicles using gasoline, fuel efficiency is usually measured in gallons per mile. The lower the number, the less fuel is needed, leading to cost savings. For example, in the exercise, an SUV that consumes 0.06 gallons per mile will incur higher costs compared to a hybrid car using only 0.02 gallons per mile.
- A well-maintained and efficient engine can improve fuel efficiency.
- Regularly inflating tires to the proper pressure can also help.
Therefore, owning a car with high fuel efficiency will reduce the total cost spent on energy throughout the year.
Hybrid Vehicles
For our exercise, the ability of hybrid vehicles to use electricity in addition to gasoline means analyzing the cost involves factors for both fuel types. The hybrid car in the exercise uses 0.02 gallons per mile and 0.1 kW-hr per mile, which leads to distinct costs associated with both gasoline and electricity.
- Gasoline costs are calculated similarly to traditional vehicles based purely on gas consumption.
- Electric costs require calculating kilowatt-hours used, multiplied by the cost per kW-hr, which can be economical depending on electricity rates.
Electric Vehicles
The appeal of electric cars lies in their efficiency and lower operational costs compared to gas-powered cars. The total yearly cost for electricity, given it's relatively inexpensive, can be much lower than fueling traditional vehicles
- Home charging stations can lead to further savings, especially if paired with solar energy systems.
- Many regions offer incentives for EV ownership, including reduced registration fees and tax credits.