Are electric vehicles really better for the environment? rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Analysis: while the cost savings are clear and future-proofed, the public still need some convincing about going electric
It is widely agreed that we need to move away from fossil fuels to protect the environment, but what will that cost you? Here, we are going to break down the cost of owning an electric car over five years. It is worth noting that it is highly likely that tax on fossil fuels will be increased in the coming years and that electricity costs will remain largely unchanged for the next five years.
First, we need to estimate total cost using current data. Then, we will recalculate using projected fuel and electricity costs over the same period.