If you’ve been following along in our series of EV-based articles, you’ve noticed we’ve mentioned saving money a lot. Of course, it’s no secret that charging an electric BMW is going to be a lot less expensive than putting gas in – especially these days. But exactly how much does it cost to charge a BMW EV? We do a little bit of research, so you don’t have to.
This series of EV-related articles is brought to you by ClipperCreek powered by Enphase. ClipperCreek has been a pioneer in the EV charging market since 2006 with Level 2 AC charging stations. You can catch our first three articles here: Buying Your First BMW EV, BMW EV Ownership: Terminology, Charging, and Battery Health, How To Get Tax Rebates for Installing a Home EV Charger and Benefits of Outdoor BMW EV Charging: Personal and Commercial.
The average kWh cost varies per state significantly. So, we’ve broken it into two groups – low and high. The high cost is the estimated cost to charge a BMW EV in a state like California, which is roughly $0.25/kWh. Low denotes – you guessed it – a lower-priced charging area, like Arizona at $0.13/kWh. It should also be noted that these times and prices are assuming a 100% charging efficiency. Which is possible, although unlikely. So – your mileage and costs may vary!
For gas price equivalency, we used a 2023 Audi Q7 to compare to the BMW iX, with an EPA-estimated 19 mpg combined. The BMW i4 matches the 2023 Mercedes-Benz C Class – which the EPA rates at 25 mpg combined. $4.00/gallon is probably on the low side for a gallon of premium, but that’s what we went with as it is currently close to the national (US) average.
The iX will have regained 194 miles of range in those six hours. To go 194 miles, our Audi Q7 would require 10.2 gallons of high test and set you back $40.00. $90.00 would fill up the Audi’s 22.5-gallon…