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Originally Posted by SOREHOOF
The increases will hit long before 2014. I guess I'll hold off on buying that new Chevy Volt. An SUV will end up being cheaper to run if gas is still available in the future.
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Already the case in some areas. The 'electric Yugo'
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During its time with us, our 2011 Chevy Volt tester consumed energy at the rate of 39.0 kilowatt-hours per 100 miles when in electric-only mode and averaged 31.1 mpg in gas engine assistance mode. We paid an average of $0.31 per kilowatt-hour of electricity and $3.31 per gallon of 91 octane swill, so the magic of arithmetic tells us that each one of the Volt's miles driven on electricity cost us more money than if it'd simply consumed gasoline instead. That's due in part to our high electricity rate - had our rate dropped to $0.24 per kilowatt-hour, we'd have reached parity on a cost-per-mile basis between electrons and dinosaurs.
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http://green.autoblog.com/2010/11/11...re-than-the-g/