Part of the appeal of a Tesla is that it’s cheap and can drive hundreds of miles. But the current power outages in Texas present a particular challenge for Tesla owners.
According to Muscle Cars and Trucks, electricity prices in Texas have skyrocketed in recent days. Therefore, charging your EV once with six digits can cost up to $900.
Why is charging a Tesla in Texas so expensive now?
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As you may know, Texas is currently being ravaged by a severe winter storm that has left millions without power. Not too long ago, the condition of the tracks even caused a mass accident. However, it seems that Tesla and electric vehicle owners in general are now being hit particularly hard.
According to Muscle Cars and Trucks, the Texas Electric Reliability Board uses an auction-based distribution system. As a result of the reduction in network capacity, electricity prices would have risen sharply. This means that charging a Tesla or other electric models is incredibly expensive.
Muscle Cars and Trucks reports that high demand for electricity and low supply have caused megawatt-hour prices to skyrocket. They even exceeded $9,000 per megawatt hour. According to Muscle Cars and Trucks, electricity typically costs $25 per megawatt-hour.
With these high prices, charging your Tesla goes from an average of $18 to $900. Owners of electric vehicles should also have access to electricity.
Why doesn’t this problem affect the entire United States?
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The reason charging your Tesla and other electric vehicles is so expensive in Texas is because of the state’s unique electricity grid. Unlike the rest of the U.S., Texas has a fully deregulated energy market, according to Muscle Cars and Trucks. ERCOT manages 75% of the electricity architecture and power supply in the state. Since this company uses real-time auctions, prices can be raised quickly.
In other states, for example, Tesla and EV owners need not worry because the US government regulates the grid and does not allow such shocking price increases. So the problem has less to do with the electric cars themselves and more to do with the privatized Texas power grid.
What is the effect of cold on electric vehicles?
Extreme cold not only affects the power grid, but can also directly affect the performance of your Tesla. According to Market Watch, a study by AAA found that EVs from Tesla, BMW, Chevrolet, Nissan and Volkswagen can lose up to 40 percent of their range in freezing weather.
Tesla’s Model S, for example, lost 38% of its range when the temperature dropped to 20 degrees. As you can imagine, this is a cause for serious concern because temperatures in the United States could easily fall below this mark.
To combat this accelerated energy consumption, you can find some helpful tips on Tesla’s website. Because you can program a start time, you can control the heating and other functions of your car while it is plugged in. That way, they won’t consume any extra distance while you’re on the road. Plus, you can de-ice your car while it’s still charging, so it’s ready when you are.
frequently asked questions
How much does a Tesla cost in Texas?
Shocking electricity prices in Texas The average charge for your Tesla can be as high as $900.
Will charging a Tesla increase my electricity bill?
Owning a Tesla saves you money: But what about your electricity?
How much does it cost to buy a Tesla?
The Tesla Model S Long Range variant goes 412 miles on a single charge and costs $15.29. The cost per mile is $0.037 or $3.70 per 100 miles. Charging the battery in the new Tesla Model Y costs $11.47. This equates to $0.047 per mile or $4.70 per 100 miles.
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