So, if time is money, that’s about $287.28 per year. That’s about 9 hours a year you’ll spend at a gas station.Īccording to ZipRecruiter, the average salary of a person in Nebraska is $66,401 per year, which breaks down to $31.92 per hour (or a depressing $0.532 per minute). But assuming people who buy an electric truck will also fork out the cash for an at-home charging station, the amount of time you’d need a public charger is minimal, whereas, if you own a gas truck, you’ll likely spend 10 minutes a week (520 minutes a year) at a gas station fueling up. In his article, he pointed to the fact you’d have to spend 30 to 60 minutes to charge at a public station. Some people would rather spend time than money, and others think the extra expenditures associated with gas vehicles are worth it. This is a tricky one because time is a very subjective cost. Replace the engine-mounted & frame mounted fuel filtersĬhange automatic transmission fluid & filter So, over 10 years, you’re looking at $1,352 in scheduled maintenance for the Lightning versus $4,188 for the gas F-150. Specifically, there are 30k, 60k, 100k and 150k mileage maintenance items for the gas F-150 that just aren’t needed on the Lightning. But even without looking at the prices, it’s easy to see the Lightning will cost less to maintain because it requires less regular maintenance overall. We pulled the maintenance schedules from the owners’ manuals of both the Lightning and regular F-150, and to keep things equal, we went to a Nebraska Ford dealer and asked for associated costs. That’s an annual difference of $1,932.50 for the 2.7-liter XLT and $1,801.44 for the 3.3-liter XLT. The current cost of at-home charging in Nebraska is $0.11 per kWh, so the annual cost to charge would be $820. Using the 15k miles number, that means an average consumer would use about 7,500 kWh per year. So, annual cost will be between $2,752.50 and $2,621.44, depending on the model.įor the electric number, after consulting some EV experts I settled on getting 2 miles per kWh. Therefore, the former will glug through 750 gallons of gas in a year, and the latter will eat up 714.29 gallons. Looking at EPA fuel economy numbers, the F-150 with the 3.3-liter engine averages 20 MPG and with the 2.7-liter engine averages 21 MPG. In Nebraska, at the time of writing this article, the current cost of gas is $3.67 per gallon. So, this means your regular trips to the gas station and overnight charging. electric trucksįor our purposes, we’re looking at daily driving – not road trips or towing. So, grab your mad hat and get ready to jump. One other assumption we’re using: That most Americans are driving about 15,000 miles per year. We are using Nebraska as our “home base” since that’s more middle American than someplace like, say, Chicago. Because vehicle prices keep climbing (in fact, Ford just raised the price of the base Lightning by $7k), the new Inflation Reduction Act confuses EV tax credits, and it’s a given that the EV will cost more than the gasoline model, we’re skipping the up-front cost-to-buy analysis and jumping right into “fuel” and maintenance costs. Since the Ford F-150 is the only full-size truck to have both, that’s the truck we’re using for our rabbit hole exploration. electric trucks and see where the chips fall. Specifically, Esterdahl said electric trucks “cost more.” While he’s referring to time costs as well as financial expenditures, we figured we should really dig into the actual expenses associated with gas vs. Because we love a good rabbit hole here at Pickup Truck + SUV Talk, Publisher Tim Esterdahl’s recent treatise on why electric trucks will have difficulty gaining mass adoption sent us on a deep dive of looking at gas vs.

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