• IES Home Services

The Pros and Cons of Owning an Electric Vehicle

Updated: Feb 29

Thinking about buying a new electric vehicle? Got your eye on a sleek Tesla or a practical Chevy Volt? Maybe the new Porsche Taycan or Jaguar I-Pace are more your style? Whichever electric vehicle tickles your fancy, you’re likely pondering the pros and cons and trying to sort through a variety of sources to figure out if it’s right for you. Here are 4 reasons “for” and 4 reasons “against” electric car ownership.

The Good (5 Pros to Owning an Electric Vehicle)

  • No Tailpipe means No Exhaust: Without an internal combustion engine, EVs have no exhaust. So, regardless of where you come down on the environmental aspects of electric car ownership, it’s undeniable that a lack of emissions means better air quality for your family and immediate community.

  • They’re Super Quiet (and Quick): EVs are exceptionally quiet on the road and have an incredibly smooth ride. They also generate a surprising amount of torque, and many people are surprised at how fast they can be off the line - the 2020 Tesla Model s Dual Motor Performance Ludicrous+ has a 0-60 time of 2.5 seconds. Take that, Enzo Ferrari!

  • Never Go To The Gas Station Again: This one’s sort of obvious, but since you can recharge at home, your days of heading to the corner filling station are over with an EV. You can recharge overnight while you sleep.

  • Cheaper Operating Costs: No more oil changes or regular trips to the mechanic, EVs, while not maintenance-free, require less maintenance than an internal combustion vehicle. And while electricity isn’t free, it’s definitely a whole lot less than the ever-rising costs of gasoline.

The Bad (4 Cons to Owning an Electric Vehicle)

  • Limited Range: Most of the electric cars on the lower end of the cost spectrum have smaller ranges than their gas-powered cousins. Expect to have to charge up after 150 miles or so, meaning you’re definitely covered around town and heading to and from work… but those long cross country trips require a bit more planning ahead.

  • Long Recharge Time: While you can fill your tank at the gas station in a few minutes, you’re likely going to have to charge your electric vehicle overnight. Some of the newer entries on the market, like the Porsche Taycan, offer 800 volt charging systems, which can cut that time down to under an hour easily, but you’ll have to install a special electric car home charging station at home to take advantage of that (call us, we can help!).

  • Higher Initial Purchase Cost: the entry price point of EVs is still higher than traditional gas-powered cars, starting around $30,000. And that’s for a Nissan Leaf with a range of “up to” 149 miles. If you want a fancy Tesla S with a top speed of 163 MPH, a range of up to 348 miles and a 0-60 time of 2.4 seconds, you’re going to pay closer to $100,000.

  • Never Going to the Gas Station Again: OK so this is actually a pro in some respects… but never going to the gas station again means having to find a new place to buy late-night donuts, lottery tickets, and slushies. Where else can you find all that under one roof, 24 hours a day, 7 days a week?

The good news is that costs continue to come down as EVs become more and more popular and are offered by more manufacturers. There’s also a lot more selection than there used to be, with newcomers like Porsche, Jaguar and Audi all fielding electric vehicles over the past year. (That used to be one of the cons- limited selection. Fortunately, that’s becoming a thing of the past).

In any event, we’re more than happy to answer any questions you have regarding home charging station installation options or EV ownership in general. Feel free to email us at contact@IESHomeServices.com or call 972-562-7724.

Happy motoring!

IES Home Electrical Services is a McKinney-based electrical company dedicated to providing area homeowners with the best quality of work and unparalleled customer service, backed by a 100% satisfaction guarantee. Proudly serving McKinney, Frisco, Prosper, Celina, Gunter, Anna, Aubrey, Bonham, Crossroads, Melissa, Sherman, Farmersville, Little Elm, Princeton, Prosper, Van Alstyne, Hackberry, and Denison.

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