How much does it cost to fill up a Chevy Bolt EV?
The cost to fill up a Chevy Bolt EV, an all-electric vehicle, can vary depending on several factors, including the cost of electricity in your local area and the size of the vehicle's battery. On average, it costs between $8 to $15 to fully charge a Chevy Bolt EV.
Factors Affecting the Cost to Charge a Chevy Bolt EV
The cost to charge a Chevy Bolt EV is influenced by the following factors:
- Battery Size: The Chevy Bolt EV has a 66 kWh battery pack. The larger the battery, the more it will cost to fully charge the vehicle.
- Electricity Rates: The cost of electricity can vary significantly depending on your location. Areas with higher electricity rates will result in higher charging costs for the Bolt EV.
- Charging Speed: Faster charging, such as at a public DC fast charging station, may cost more per kWh than slower Level 1 or Level 2 charging at home.
- Charging Efficiency: The Chevy Bolt EV has an efficiency rating of around 4 miles per kWh. This means that for every 1 kWh of electricity used, the vehicle can travel approximately 4 milesli>
By considering these factors, you can estimate the cost to charge your Chevy Bolt EV and plan your driving accordingly.
Calculating the Cost to Charge a Chevy Bolt EV
To calculate the cost to charge a Chevy Bolt EV, you can use the following formula:
Cost to Charge = Battery Size (kWh) x Electricity Rate ($/kWh)
For example, if the electricity rate in your area is $0.12 per kWh and your Chevy Bolt EV has a 66 kWh battery, the cost to fully charge the vehicle would be:
Cost to Charge = 66 kWh x $0.12/kWh = $7.92
This calculation provides a rough estimate, as the actual cost may vary slightly due to factors like charging efficiency and any additional fees or taxes.
Comparing the Cost to Gasoline-Powered Vehicles
Compared to gasoline-powered vehicles, the cost to "fuel" a Chevy Bolt EV is generally much lower. The average cost of gasoline in the United States is around $3.50 per gallon as of February 2025. Assuming the Bolt EV has an efficiency of 4 miles per kWh and a gasoline-powered vehicle gets 25 miles per gallon, the cost per mile for the Bolt EV would be around $0.03, while the cost per mile for the gasoline-powered vehicle would be around $0.14p>
This significant difference in fuel costs is one of the primary benefits of owning an electric vehicle like the Chevy Bolt EV.
Is EV really cheaper than gas?
In California, charging an electric car is generally cheaper than fueling a traditional gasoline vehicle. With electricity rates often lower than gasoline prices per mile driven, EV owners can enjoy significant cost savings.
Is it cheaper to charge EV at home?
Many EV drivers find this experience to be much simpler and more convenient than fueling a gas car or fueling an EV at public stations. On top of being more convenient, home charging is the lowest cost option for fueling a vehicle.
How much does it cost to charge an electric car for 300 miles?
Charging is generally cheaper than gas, with total charges costing $10–$40 compared to $30–$80 for fuel. Home charging costs $10–$25, public stations range from $15–$40 based on speed and battery size. EVs travel 150–300 miles per charge, influencing where drivers choose to recharge.
Is the Chevy Bolt eligible for the $7500 tax credit?
As of early 2024, Chevy EVs that qualify for tax credit include the Chevy Bolt EV and Chevy Bolt EUV. As more information becomes available, the Chevy Silverado EV, Chevy Equinox EV, and Chevy Blazer EV are expected to qualify as well.
How much is a Chevy Bolt after tax credit?
It is included, however, for inventory leases stated as a “$7,500 EV lease incentive distributed across lease term.” Chevy Bolt price with $7,500 EV tax credit: about $19,500 (correction: not $18,500 as originally stated) for the base Bolt EV 1LT trim at dealers in Los Angeles. The MSRP is about $27,000.
How much does it cost to fully charge an EV at a charging station?
Public EV Charging Station Fees
A public Level 2 charging station typically costs $1 to $5 an hour, translating to $0.20 to $0.25 per kWh. For Level 3 or DC fast charging, a full charge can cost anywhere from $10 to $30, which is the equivalent of $0.40 to $0.60 per kWh.
How much does it cost to refuel an EV?
Using the most recent U.S. household average estimate of 17.01 cents per kWh, charging an electric car at home would cost about $68.62 per month. Using a DC fast charger at a public charging station when away from home, an EV driver might pay 50 cents per kWh, or $201 for that much energy.
Is it cheaper to charge EV at home or public?
Cost Savings: Home charging is generally more cost-effective than public charging, especially if you can take advantage of off-peak electricity rates. Charging Infrastructure Control: With a home charging station, you have control over the charging process, ensuring your EV is always ready when you need it.
How much does it cost to fill up a Chevy Bolt?
Let's take the 2023 Chevrolet Bolt EV as an example, which has a usable battery capacity of 65 kWh. Assuming you're in Los Angeles, with an average electricity cost of $0.27 per kWh and a completely depleted battery, it would cost $17.55 to charge the battery back to full.
How much does it cost to charge a Chevy Bolt at a charging station?
The average public charging station rates range anywhere from $0.31 to $0.69 per kWh. So, you're spending an average of $20.15 to $44.85 for a full charge at one of these stations. This price will vary from station to station, and it could be higher depending on how efficiently the station charges your car.
