Rachel Wolfe

speaker

900 appearances 20 recordings 1 series first heard Mar 2022 last heard May 2024

Rachel Wolfe’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · Does Buying an Electric Vehicle Make Financial Sense for You? · 14 Mar 2022 podcast

You know, we're seeing them more and more. voice-verified

But I will say that J.D. voice-verified

Power found that 80% of people who own an EV charge primarily at home. voice-verified

So where people are finding that EVs are great are for the local driving when they can charge up at home. voice-verified

And that's when you're really seeing the savings. voice-verified

That's not a silly question at all. voice-verified

You can plug any electric vehicle into any standard outlet. voice-verified

You just won't be able to get very far. voice-verified

So a standard outlet will give you between three and five miles of range an hour. voice-verified

which is not very many. voice-verified

But people do it. voice-verified

Some people do rely on just your standard wall outlet, and they figure that they're only driving so many miles in a given day, they can keep it plugged in when it's not in use, and it works for them. voice-verified

Many EV owners, though, upgrade to what's called level 2 charging. voice-verified

So your standard outlet gives you what's called level 1 charging, and that's between 3 and 5 miles of range. voice-verified

Level 2 charging, a lot speedier, between 15 and 40 miles of range, but that requires a higher voltage outlet. voice-verified

240 volts versus a standard outlet is 120 volts. voice-verified

And that's the same outlet that, say, your dryer or your electric range would run on. voice-verified

So, you know, it's not a totally new. voice-verified

You likely already have one of those in your home, but you'll probably have to add an additional one in your garage or outside of your driveway. voice-verified

And so installation costs for that can really vary. voice-verified

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