Op/Ed: Get a jump on the future. Electric vehicles becoming more affordable, convenient
According to recent AES Indiana data, there are approximately 1,600 registered battery electric vehicles (BEVs) in Marion County. While that may not sound like a lot, it represents a 265% increase in less than three years. As a new federal tax credit tempts drivers to consider their electric options, the electric vehicle (EV) switching trend is likely to continue … and accelerate, pun intended.
As interest rates rise, Indiana’s government, utilities and economic development agencies are committed to making it easier to buy, charge and drive a fully electric car. The state is expecting about $100 million in federal grants from the Infrastructure Investment and Jobs Act. In addition, Gov. Eric Holcomb recently signed legislation which will mobilize state agencies to work quickly once federal funding becomes available. By 2025, we could see as many as 100 new public charging stations installed along Indiana’s interstates.
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There are also numerous EV-friendly programs paving the way for drivers. For instance, Indiana has one of the only utility-backed programs in the country that helps consumers find an EV that works for their lifestyle, along with providing rebates on home chargers.
For many drivers, these new federal tax credits, infrastructure plans and EV-friendly consumer programs will pique their interest in EVs. Their next step is inevitably research — from online reviews to driving a friend’s Tesla. Since I spend most of my time evangelizing the merits of EVs, I’ve compiled a list of common EV questions (EVQs) drivers are asking me.
EVQ: Can I charge at home?
The biggest concern among EV-curious is charging convenience. With the help of an electrician, you can have a 240-volt outlet installed and purchase a fast level 2 charger for about $1,500. With a level 2 charger, you can fully juice up overnight. Based on your savings (electric over gas), you’ll likely recoup this upfront cost in less than two years. An at-home charger might even increase your property value. In a recent study, homes with a level 2 charger sold for about 13% above average. There are local companies that even offer charging incentives to help get you started.
EVQ: Are there any affordable EVs?
While some EV models come with a high sticker price, you can find less expensive options. A 2022 Tesla Model 3 retails for around $47,000 and the Chevy Bolt from $33,500. As more manufacturers enter the market and expand their offerings, prices are expected to drop. And pre-owned EVs are a great option if you’re looking for a lower-priced entry point. For example, you can find a 2018 Nissan Leaf for about $22,000.
More:Feds approve Indiana electric vehicle plan despite concerns from racial justice alliance
EVQ: Where can I charge if I don’t have a garage, or I need to re-fuel away from home?
There are more than 1,000 public charging ports within 25 miles of Monument Circle, many of which are level 2 chargers and more are on the way. Apps like Google Maps, PlugShare and ChargeHub can locate charging stations for you and indicate availability.
EVQ: How do I pay for charging?
If you’re charging at home, your “fuel” costs show up on your electric bill. Check with your local utility to see if they offer a managed charging option or added rebates to enroll with a level 2 charger. Alternatively, if you’re charging in public, you pay the charging provider (if it’s not already free) via mobile app. Simply create an account with the given charging network and add your payment information.
EVs are exciting, convenient and becoming even more affordable everyday. Keep your eye out, they are everywhere, and it is already a great time to make the switch.
Rhett Barker is the regional lead for Motor, an electric-vehicle subscription service exclusive to Indianapolis and Washington, D.C.
This article originally appeared on Indianapolis Star: Indiana makes inroads to remove barriers to buying electric vehicles
