Would an All-Electric yaris be cheaper in the long run?

[firebob]

With the rising cost of power would it pay off?
Would the US power grid support even 10% of the population having electric cars?
Would having electric cars truly reduce the demand on oil with most of our power coming form oil?

[BailOut]

Originally Posted by firebob

With the rising cost of power would it pay off?

All energy costs are going up, not just electricity. I paid $3/gallon to fill up yesterday.

Originally Posted by firebob

Would the US power grid support even 10% of the population having electric cars?

Yes, it would, and then some. Current estimates are that the grid can handle 40-46% EV adoption, and the cost to expand that capacity is a fraction of what we spent to dot our landscape with gas stations and refineries.

Originally Posted by firebob

Would having electric cars truly reduce the demand on oil with most of our power coming form oil?

I'm not sure what you mean as none of our electricity comes from oil. It comes from coal, natural gas, nuclear, geothermal, hydro, solar and wind. If you meant coal, study after study has shown that even if your electricity comes from a coal plant - by far the dirtiest source - it is 70% cleaner from well to wheel than gasoline.