How much does it cost to recharge the PHEV battery?
The PHEV battery is a five kilowatt-hour lithium-ion battery. At 14 cents per kilowatt-hour for electricity, a full recharge would cost 70 cents. If the batteries are recharged on time-of-use rates at off-peak times, the cost can be less. At $3.00 per gallon of gas, it can cost 10 to 20 cents per mile for fuel in a conventional vehicle that gets between 15 and 20 miles per gallon. With a PHEV, the cost per mile on electric can be as low as five cents per mile.
