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Although they're no longer a new concept, electric vehicles (EVs) are still an exciting development in transportation technology. As more manufacturers make electric models available, it won't be long until you see EVs on the road every day.
So, what's holding you back from joining your efficiency-minded peers in going electric? These exciting EV benefits may be enough to inspire you to swap your gasoline-fueled vehicle for an electric one.
One of the most significant selling points of EVs is how good they are for the environment. Because they use electricity to operate and don't burn gasoline or diesel fuel, operating an EV doesn't produce harmful gases and release them into the air. Air pollution can damage the environment and impact public health.
Driving an EV helps you do your part to reduce these pollutants that can cause cancer and other health conditions. It also reduces noise pollution, as EVs operate quietly. That means your local community and its residents will be healthier, happier and more peaceful.
EVs can be pricey upfront, but you'll save money over time that you would've spent on fuel costs. The average American spends about $2,000 on gasoline each year, though prices often fluctuate.
Electricity costs less than gasoline and prices tend to remain steady, so EV owners can save $500 to $1000 annually that they would have otherwise spent on fuel costs.
More charging stations are popping up across the U.S. all the time. Whether it's a charging station off of a long highway or a few Level 1 or 2 chargers installed at your place of work or a local business, you'll be able to locate a spot to charge up when you need it.
It's possible to charge at home, too. Many EV owners install and use their Level 1 or 2 chargers at home overnight, so they wake up with a fully charged vehicle in the morning.
Electric vehicles don't have an engine, which means no more mysterious check engine lights or oil changes. In fact, some of the most common culprits responsible for a repair shop visit don't even exist in an EV. Fewer moving parts mean fewer things that can break. The maintenance savings apply to tires, too. EVs use regenerative braking, which extends the lifespan of your brake pads. Add that to the list of things that won't need to be replaced as often once you switch to an EV.
If you are already charging your EV at home, switch to I&M’s Off-peak Rate and save over $100 a year, plus get a $500 rebate. Sign up for the EV Off-peak rate today. If you purchased an EV before 2022, you are still eligible for this rebate - even if you already had an EV charger installed. To learn more about EV Off-peak rates for your home or your business visit IndianaMichiganPower.com/EV.
As you can see, EVs have it all. They can make your community cleaner and greener, help you save money, and make anxiety about reaching the next fuel stop a thing of the past.
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