Showing posts with label Eco-Math. Show all posts
Showing posts with label Eco-Math. Show all posts

Tuesday, January 31, 2012

Changes for a Better EV Life: Charging at work costs less than a Mini Fridge!

Having driven CO2 Fre for over a month now, I feel I can now safely make some recommendations for change that would make my life infinitely easier.  Some of these things I've been writing about long before I purchased my Nissan LEAF; I knew going in some sacrifice would be required for the greater good.  That's not to say there aren't great things like the burgeoning Charging Infrastructure and wonderful LEAF features to help get me through the day!  But there's always room for improvement and if you don't speak up, nothing will get done.

Power Consumption

During business hours a typical mini fridge is drawing about 320 Watts (W) of electrical power.  A car plugged in to trickle charge on the other hand is using about 120 Volts of Alternating Current (VAC) × 12 Amperes (A), and thus an average of 1,440 W peak.  Note, since A/C is a sine wave, the maximum power used at the peak ends of each cycle is 2,036 W (The maximum for a sine wave with a given Root Mean Square — multiply by √2) but 0 W is used at the middle of the cycle so overall the 120 VAC average is produced.  This is therefore about the equivalent of the power used by just 4 typical mini fridges.

Daily Electrical Consumption

The mini fridge runs 24 hours a day, continuously, and thus uses about 7.68 Kilowatt⋅Hours (kWh). The EV on the other hand is only drawing power for 8 hours a day and thus uses about 11.52 kWh, and thus is about equivalent to that of the 1½ mini fridge.

Annual Electrical Consumption

In a typical year, running 365.2425 days that same mini fridge is using 2,805 kWh of electricity.  But the employee who works 40 hours a week, 46 weeks a year (including 2 weeks fixed vacation and 4 weeks flexible vacation) uses only 2,764 kWh of electricity, and that's less than what a single mini fridge uses!

Conculsion

So, wouldn't it be cheaper to ban mini fridges and allow electric vehicle charging at work?

Monday, October 3, 2011

Dominion EV Pilot Program opens today!

Dominion Virginia Power Electric Vehicle Charging Pilot Program Begins

As I've indicated numerous times before, I'm very keen to make my Power Utility, Dominion Virginia Power, aware of my intent to use an Electric Vehicle so that they can better prepare for the load I would be drawing and be able to provide sufficient power at times optimal for charging.  Fortunately, like most EV drivers, my intention is to charge my car overnight, when the demand for electricity is already at its lowest, which allows my PU to balance generation between the peak daylight hours and the nighttime hours when my car draws energy.

In return for this, I've asked my PU to set me up to be charged a Time-Of-Use rate which would reduce the cost to charge the EV when it's charged over night versus during the daylight hours.  Back in February, I reported that Dominion Virginia Power was proposing two new pilot program rates specifically for electric vehicles which would use new smart meters and allow the calculation of rates based on Time-Of-Use.  Excited, I sought more information and was able to calculate a $200 savings by switching over to either of the new EV-based TOU rates.

Dominion Virginia Power EV Rates Revealed (Part 2)

I explained how rates are calculated back on Valentine's Day because I ♥ calculating this kind of stuff.1  And although the rate for Fuel has gone up slightly since I wrote Part 1 — it's now 3.289¢kWh — all the calculations remain the same.

So take for example the Nissan LEAF with its 24 kWh battery pack.  If we estimate the LEAF's wall-to-wheel efficiency to be 3⅓ mi⁄kWh (5.364 kmkWh), with a 38 mi (61 km) commute each way, this represents 22.8 kWh (2 × 38 mi ÷ 3⅓ mi⁄kWh) or 95% of the 24 kWh pack on the LEAF.  I then assume the weekend driving consists of more local, around town driving equivalent to exactly half of the weekday driving or about 38 mi (61 km) per day or 11.4 kWh.

In addition to each of these, it's important to remember that the EVSE also draws power to maintain its status and remain in a ready state.  My EVSE only draws 5 Watts to maintain its ready state — EVSEs with more Internet connectivity and wireless capabilities will draw more power than a plan nuts and bolts EVSE like my Clipper Creek CS-100.

Since I plan to only charge my vehicle over night and be out of the house around 5:00 am, I set my calculations to assume I can finish charging by that time.  This would be different if I could charge my car at work, but with a 3.3 kW charger on the Nissan LEAF, it will take 6.09 hours (22.8 kWh ÷ 3.3 kW) to charge the LEAF during the weekdays and 3.45 hours (11.4 kWh ÷ 3.3 kW) on the weekend.

The Missing 4 cents revisited

Once the total electrical energy required for charging the EV is known, we can calculate the cost for Transmission and Fuel rates and Use, Consumption and County Tax, as well as the various Distribution and Supply riders to get the base price for charging our EV.  These rates are summarized in the following table:

Name cost in ¢kWh Annual Cost
Rider C1: Peak Shaving 0.009 $0.65
Rider C2: Energy Efficiency 0.044 $3.16
Rider S: Virginia City Hybrid Energy Center 0.280 $20.11
Rider R: Bear Garden Generating Station 0.117 $8.40
Rider BRC: Base Rate Credit -0.1322 -$9.48
Rider T: Transmission 0.616 $44.24
Fuel Charge Rider A 3.289 $236.21
Sales and Use Surcharge 0.056 $4.02
Consumption Taxes (Tier 1) (< 2.5 MWh) 0.155 $7.68
Consumption Taxes (Tier 2) (2.5 MWh ≤ x < 50 MWh) 0.099 $2.20
Consumption Taxes (Tier 3) (≥ 50 MWh) 0.075 $0.00
Fairfax County Tax (Min 56¢; Max $4) 0.605 $0.00
Totals 4.417 $317.19

Now, the Fairfax County Tax will typically hit the $4 maximum without the EV so the EV won't add to that tax.  Also, for the Consumption Taxes, many months my household never goes over 2.5 MWh.  Generally, I still do come close to if not going over in the warmer months of June, July, August and September, even after going to R-49 attic insulation but not in the winter since I have methane-based (natural gas) heating.  In my calculations, I use my actual historical household data to compute the Consumption Taxes, so in months where the usage does go over 2.5 MWh, I calculate my EV's electricity rate accordingly using the Tier 1 or Tier 2 Pricing as necessary.

Total energy usage [is] about 7,138 kWh.

Now, to compute my total electricity usage, I take the average usage per day using a weighted average of 57 × 22.8 kWh each weekday and 27 × 11.4 kWh each weekend day for an average of 19 1935 kWh per day.  If we multiply that by the number of days in each month, we can get an estimate of how much energy we use per month and if we multiply by 365.2425 days per year, we have the total energy usage of about 7,138 kWh.  This is the value multiplied by each of the rates in the above table to get the total cost per year.

In the case of the Consumption Taxes, this further breaks down by my estimates to about 4,957 kWh taxed at Tier 1 and about 2,225 kWh taxed at Tier 2.  The Consumption Tax part of the Total in the table above is weighted using these estimates as a percent of the total electricity usage annually.

Taking these numbers, we can see a total cost of $317.19 to run my Nissan LEAF not including the base rate schedule.  Thus, no rate schedule can come to a total less than $317.19 per year.  However, depending on the Rate Schedule chosen, the additional cost could vary between $150 and $350.

The Base Rate Schedules

Dominion Virginia Power customers have 3 basic choices when it comes to their base electricity rate: Schedule 1, Schedule EV and Schedule 1EV.  Each of these is outlined below.

Schedule 1

Most Dominion Virginia Power residential customers are under this rate schedule.  Thus, these numbers represent no special EV rate and just plugging your car in under the normal rate schedule.  Since the monthly fee of $7 is already covered by your current electric bill, this can't count toward the cost to charge the EV since you have to pay it either way.  For Distribution and Supply, Dominion Virginia Power breaks the bill up into summer and off-summer months as well as usage under 800 kWh and usage beyond that.  In the case of the EV, my house never uses less than 800 kWh per month so I'll always be paying the above 800 kWh rate for my EV.  Thus, the rate for Distribution is 1.26¢kWh.  The rate for Supply varies throughout the year so from June to September it's 5.773¢kWh and 0.02927¢kWh the rest of the year.

Thus, the total base Distribution cost is $90.49 for the entire year and $138.49 for Supply for the Summer months and $139.99 for Supply the rest of the year.  The total Supply annually is therefore $278.48 for a total of $368.97 per year under Schedule 1.  Adding this to the fixed result, we get the total annual cost to run your EV under this rate schedule of $686.16.

Schedule EV

Technically, the Schedule EV rate plan isn't a primary rate schedule.  Instead, a dual meter is set up at your household with the main residence still under Schedule 1 and a dedicated line to EV metered using the Schedule EV rider instead.

Because Schedule EV is a Time-Of-Use rate, the time at which electrical energy is drawn becomes significant.  Fortunately, this is easy to calculate because we know from above how long it takes to charge the LEAF under my scenario, and thus how much power is required each hour.  When the EV is charging, since it's using a 3.3 kW charger, it will require that much power per hour and thus use 3.3 kWh per hour in use.  You also have the base EVSE power of 0.005 kW which comes to 0.005 kWh per hour, each hour.

In the case of Schedule EV, there is an additional Distribution charge for the second meter of $2.90 per month for a total of $34.80 per year.  The Distribution and Supply rates are then given by:

Hours Distribution rate in ¢kWh Supply rate in ¢kWh Net Cost
01–05 (Super-Off-Peak) 0.000 0.684 $31.74
05–06 (Off-Peak) 2.520 1.429 $0.07
06–22 (Peak) 2.520 10.256 $3.73
22–01 (Off-Peak) 2.520 1.429 $99.12

For simplicity, I've show the results for the entire period blocks, which generally fall into the following categories: 01–05 is full 3.3 kW charging, 05–06 is only the EVSE, as well as 06–22 and finally 22–01 is used to charge the EV during weekdays since at 3.3 kW the LEAF required more than 4 hours to charge to 95% from 0.  For that final block, it breaks down into no charging on weekends and 2.09 hours during the weekdays, where the rest of the charging occurs in 01–05 on both Weekdays and Weekends.

The Distribution and Supply results together for each of the time blocks yields $134.67.  Add to that the monthly Distribution charge and we get $169.47, less than half the cost for base Distribution and Supply under Schedule 1.  Because the final bill is a combined bill between the household and the EV meters, the taxes are cumulative, so if under Schedule 1 the Tier 2 Consumption Tax threshold be reached for the household, it would also do so under Schedule EV.  The final result is a grand total of $486.66.

One final thing to note is the $99.12 spent from 22–01 could be avoided if the LEAF had a 6.6 kW charger instead of the cheap 3.3 kW charger it currently has.  With this charger, it wouldn't need to draw electricity in the more expensive off-peak period; all the needed energy could be added and metered during the Super-Off-Peak time for a mere $48.87 during that period and only $0.22 for the 22–01 Off-Peak.  Thus, the total cost with a 6.6 kW Charger would be $404.89, an over $80 per year in savings.

Schedule 1EV

Schedule 1EV is a household rate plan that replaces the Schedule 1 with a special Time-Of-Use rate specifically tailored to EV owners.  As such, it is far more complicated than anything I've discussed thus far and as such I shall hold off to discuss this in its own post.

Conclusion

As you can see, there's a lot of savings that can be made by just switching to one of the 2 experimental EV rate programs.  I'm personally looking very much forward to participating in the program; won't you join me?  Just sign up here and be a part of the future!


1Okay, technically the posting date was just a coincidence but sometimes I like to embellish to make these posts more readable.
2For Schedule 1, Schedule EV and Schedule 1EV.

Tuesday, September 27, 2011

The Gas Tax

A friend of mine and I were debating the other day what is more egregiousness, being taxed at double the rate of the adjacent county for a car that is expensive only by virtue of it being transitional technology or that electric vehicles won't be paying gasoline taxes.

To be fair, these two taxes are at completely different levels.  The gasoline tax, currently at 18.4¢ per gallon, is used exclusively to pay for transportation and infrastructure at the federal level; the personal property tax however is a tax that is collected by the county/city and then sent to Richmond for further distribution within the Commonwealth.  Of course, Maryland and the District of Columbia don't have personal property taxes on motor vehicles so this argument doesn't even pertain to those regions.

In any case, it's easy to calculate how much federal revenue is lost by a consumer switching to an electric vehicle.  It simply depends on the amount of miles per gallon the consumer's car achieves and the number of miles driven in a given amount of time, say for a year.

Thus, for these purposes, I'll use my 2001 Toyota Avalon XLS as the example Gasoline car and compare it to the 2012 Nissan LEAF as its potential replacement.

The Avalon gets about 28½ mpg on average for my mainly highway commute.  I also estimate I drive about 24,000 miles a year in the Avalon and would drive a near equivalent amount in the LEAF since I don't take many long trips in the car either way.

Since the Gasoline Tax is 18.4¢ per gallon, at 28½ miles per gallon, that comes to about 0.645¢ per mile.  (We calculate this by dividing the cost per gallon by the American-style Fuel Efficiency; in a Metric system, we would multiply because in this system efficiency is measured in Liters per 100 km and fuel cost in cents per Liter.)  Finally, we multiply the cost per mile by the number of miles driven to get a total tax value of $154.95.

At first blush, one might assume, if I drive the same number of miles in an electric vehicle, I should be paying the same amount in Gasoline Tax that I did with my old car.  Since I can't be taxed via gasoline fuel, one approach would be to tax me through my corresponding vehicle fuel: electricity.  In this case, if I estimate 3⅓ miles per kWh as the efficiency of my electric vehicle, I use about 7.2 MWh (dividing 24,000 miles by 3⅓ miles per kWh where 1,000 kWh ≡ 1 MWh).  Dividing the target cost of $154.95 by the number of kWh used, we get 2.1520¢ per kWh.

Of course, not all the electricity I use would go to my electric vehicle.  In fact, after improving my home insulation last year, I now estimate around 21.6 MWh of household electricity usage per year, give or take a Megawatt.  Thus, my electric vehicle electricity usage is about ¼ that my total estimated household usage (7.2 MWh ÷ [21.6 MWh + 7.2 MWh]).  So if this Federal Transportation Rider were to be enacted at the household level, it would fairly be at ¼ the rate for the electric vehicle alone, or about 0.5380¢ per kWh.

Regressive Tax

The thing to note about the Gasoline Tax is that it's a regressive tax: the tax increases as the fuel efficiency of the vehicle driven decreases.  The less fuel-efficient a car, the more they're going to end up paying in Gasoline Taxes.  Generally more fuel efficient cars are more expense.  Thus the less fuel efficient cars are owned by the less affluent — for whom driving is a necessity — and by those who are least able to afford the additional taxation.

Thus, hybrid drivers, with their more fuel-efficient vehicles, pay less in gasoline taxes per mile and thus per year than people driving a car propelled solely by internal combustion.  Since an electric vehicle is even more fuel efficient than a hybrid electric vehicle — even more than a plugin hybrid electric   it would be more fair if the federal transportation fuel tax be levied at a rate that reflected the electric vehicle's inherent efficiency.  We can achieve this by calculating the tax based not on an absolute value like 18.4¢ per gallon, but rather a relative measure as a percent of total fuel cost.  Therefore, we need to compare it to the current price of gasoline.

Now, as far as gasoline prices, we seem to be piping along more or less as predicted.  And having updated the gasoline chart today, I can use the 26 September 2011 national gasoline average price of $3.56810 ($3.38410 before the tax) to compute the current gasoline tax rate of about 5.4374%.

On the other side, we need to figure out what the cost of electric fuel is in order to determine that percent cost increase.  This also varies across the country, with an average of about 11.58¢ per kWh nationally for the first 6 months of 2011 according to the U.S. Department of Energy.  However, as we're using me as an example, I would just assume use my current and potential new EV rates.  Using some complex Google spreadsheets, I've calculate my average cost per kWh including riders for 3 possible scenarios:

Schedule Average Fuel Cost per kWh Relative Gas Tax Rider per kWh Cost per kWh for Household (¼)
DOE National Average 11.58¢ 0.6296¢ 0.1574¢
Schedule 1 9.61¢ 0.5225¢ 0.1306¢
Schedule EV 6.82¢ 0.3708¢ 0.0927¢
Schedule 1EV 6.45¢ 0.3507¢ 0.0877¢

Each value is based on total electric cost, including all applicable riders and taxes.

Thus, if the government is to recoup the revenue for the Gasoline Tax on electric vehicles, it should be fairly in the 0.35¢ - 0.63¢ range per kWh used by a car or 0.09¢ - 0.16¢ per kWh per single-EV household.  And if that be the law, I would not make much of a stink were it enacted.

Conclusion

Compare the lost gasoline tax revenue now to the cost of the Virginia Personal Property Tax in a county unfriendly to electric vehicles like my home of Fairfax County.  As discussed in a previous post, the cost to register a Nissan LEAF in Loudoun County is currently $497.53 cheaper than registering the same car in Fairfax County.

Therefore, the revenue we're talking about at the federal gasoline tax level is about 3¼ times smaller than the property tax increase above.  So again by my calculations I have the right to be about 3¼ times madder than all those Electric Vehicle naysayers who decry the lack of gasoline tax revenue.

Wednesday, March 9, 2011

Where will Gasoline Prices be in 2025

Sometimes, a blog about Electric Vehicles has to discuss a bigger issue of why.  Many will say for the environment; others have, like me, said national security.  But very few think it's about cost.  The are so many misconceptions about electric vehicles it feels like I could spend a lifetime refuting all of the false ones and clarifying all of the misrepresentations.  But facts speak louder than words — at least to some — so instead of just arguing that the cost of gasoline is going way up in the not so distant future, I'd like to just show you.

A larger version of this chart can be found here.

This rather complicated chart shows the average price of gasoline in the United States since 20 August 1990 up until the time of this post with a series of linear regressions to show which way the price of gasoline was trending for various periods during the last 20 years.  Those periods are marked by 4 significant dates:

And since December, 2008 the cost of gasoline has been increasing ever steadily, with no sign of further correction in sight.

The historical price of gasoline is seen in the Blue curve, labeled Best Average. This curve tracks the Weekly U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon), where available, from the U.S. Energy Administration web site, a sub-branch of the U.S. Department of Energy.  The data used can be retrieved on the Retail Gasoline Historical Prices web site, in the United States spreadsheet.  Where the All Formulations value is not available, as in the years prior to 1993, the Weekly U.S. Regular Conventional Retail Gasoline Prices (Dollars per Gallon) is used.

If we are to analyze things for inflation, however, it's worth noting that for the past 20 or so years, inflation in the United States has been extraordinarily low.  Typically, assuming 2% per year for inflation would be an over-estimate, especially in recent years when it's remained closer to 1%.  But if we compute the rise in cost due to an annual inflation rate of 2% since 1990, now 20 years later, this represents only about a 49% since then.  This means, since we paid $1.19 per gallon on average back then, we'd be paying 1.76810 per gallon now, not $3.57 on average!  The inflation-adjusted price of gasoline, in today's dollars, assuming 2% inflation annually, is the line shown in Red.  None of the other lines adjust for inflation; inflation forms part of the line's overall slope.

The Orange line is a linear regression over the entire data set.  Although this may seem very accurate, it doesn't fit the actual data very well, with the stable prices of the 1990s and the typically increasing prices of the first decade of 2000.  The Green line reflects this: it's fitted to the average cost of fuel from the start until the first minimum in 1999, making it a project of what prices might have been had prices not shifted.  However, it wasn't until the minimum in 2001 that a shift in price really began to take shape; the Maroon reflects this more stable region from 1990 until the post 9/11 low.

On the other side of the 1999 minimum, we have the 2008 maximum, a period of rapidly increasing gasoline prices after a second dip in 2001; this data is shown in Purple.  Contrast that with the line in Azure, which calculates the trend from the first data in 1990 to the 2008 high.  Finally, in Navy is the best-fitting of these three lines projecting prices after 7 July 2008 since it begins with the 2001 minimum, where the increases in price were more clearly increasing.

The Pink line project the price of gasoline based upon the period from the first, 1999, low until the current set if data; it shows where prices will go if the current trends continue.  However, given the spike in 2008, it is also useful to look at how the price of gasoline changed after the price sunk back down to its most recent low in December, 2008. The Lime Green line reflects the trend from this minimum until today's current gasoline rates.

It's interesting to note that if the price of gasoline had continued to maintain its 1990s stability, the cost of it by 2025 might still be as low as $1.32±0.27 - $2.15±0.27 and it's possible very few people would be talking about electric cars even then.  Even more interesting is how when you examine the line for the entire average over the 20 year period, and compare that to the average for all data up to the 2008 high, they barely diverge, indicating that the current upward trend is very likely a reflection of the 2008 drop being outside the norm; for both scenarios, they would project gasoline prices to an increase to $4.28±0.39 - $4.37±0.33 by 2025, which is barely over the 2008 maximum.

Given the findings of those 4 projections, it's possible that the current cost of fuel may just be making its way to a new sweet spot after correcting for deflated prices in the 1990, but there are good reasons to believe this isn't the case.  Actually, 2 very good reasons: China and India, not to mention Brazil and Indonesia.  These 4 highly-populous developing nations maintain rapidly-growing economies fueling the demand for petroleum for both industry and from burgeoning automotive ownership.  Though these developing nations may again see harder times in the future, it's clear that their current growth is causing the price of petroleum to increase more rapidly that even Saudi Arabia can control.

As with the results of analyzing the 20 year trend versus the trend until the 2008 high being close, so too are the trends if we take them from the 1999 low until today or the 1999 low until the 2008 high.  There is, however, about a dollar difference between the low and high by 2025, with the trend if taken until now coming to $5.69±0.76 and the trend until 2008 to $6.88±0.84.  The most fascinating about the calculation from 1999 until 2008 is that it projects nearly the exact same price for gasoline seen today: $3.56 (today) versus $3.64±0.79 (projected).  This is further evidence that the 2008 low was an aberration.

Finally, we come to the two most aggressive trend line.  These lines factor out the 2008 minimum, the first only taking data from the 2001 low to the 2008 high and the second from the 2008 low until today, both rapidly increasing price intervals.  The data up until now has repeatedly shown that the 2008 minimum is more likely an exception rather than a rule by which we can predict future gasoline prices.  Therefore, it's instructive to examine the data without that minimum to get the best estimate of where prices are really going.

On the chart, we can, in fact, see that the 2001 - 2008 and the 2008 - 2011 trends actually converge sometime in early 2017, all be it with the largest margin of error of all the calculations.  They both indicate we could be paying around $6.34±1.11 - $6.38±4.14 per gasoline by mid year 2017, which is about what we projected for 2025 if we do count the 2008 minimum.  This means, if the drop truly isn't part of the normal trend, we could be seeing $6 per gallon gasoline 8 years early!

But what's really frightening is what you find when you project these rates out to 2025.  If we had kept with the old trend, ending in 2008, of rapidly increasing prices since 2001, by 2025, we could be paying $9.03±1.16 per gallon of gasoline.  And if the current trend, since the 2008 glitch, continues?

$10.39±4.29.

And now you see why we need an Affordable Electric Car NOW!

Monday, February 14, 2011

Dominion Virginia Power EV Rates Revealed (Part 1)

You could save $200 or more by switching

You could save $200 or more by switching to one of Dominion Virginia Power's EV rates.  That's the result I get from over a week pouring through the complexities of Dominion's rate structure.  Of course, it's all contingent on Dominion's new EV Rate Proposal being accepted by the State Corporation Commission later this year.  Why, in a Commonwealth, we call it the State Corporation Commission, I'm stymied, but I digress.

Of course, that $200 is in addition to the $2,000 per year I could save by switching to an efficient EV since I estimate my annual petroleum fuel cost to be about $2,500.  I drive about 75 miles per day and with fuel at $2.99 910 and consuming 16 gallons per week, the costs add up quickly.  Compare this to an EV like the Nissan LEAF at only about $550 per year under current household electricity rates and you can see why I want to switch.

But that's under Dominion Virginia Power's Residential Schedule 1 rate, with all riders, taxes and fuel accounted for.  So why does this differ from my previous calculations of $300 or so under Schedule 1 where I deduced 7.033¢kWh in the Summer and 4.187¢kWh in the off-seasons?  As you can see from the official filing, those rates are correct under that schedule.  There's also the monthly distribution cost and the lower than 800 kWh rates, but I'm assuming those are taken up by my household's electricity costs.  Unfortunately, I never go under 800 kWh in even the lowest power months.

Yet I come up with a cost per kWh of 9.133¢, averaged over the entire year.  Remember, the off-season rate is valid for twice as only as the Summer rate so if anything, my costs should be less than 7¢ for every kWh, not 2.1¢ more.  In fact, if the cost were averaged over the entire year at those rates, the average cost per kWh would be just under 5.138¢, a nearly 4¢ difference.

The missing 4¢

The Dominion Virginia Power electricity rate schedule is actually broken up into 6 to 7 sections: Distribution, Supply, Transmission, Fuel, Sales and Use Surcharge, Consumption Taxes and occasionally Local / County Taxes.  Each of these are outlined below and then summarized.

Distribution

The distribution costs of your Dominion Virginia Power bill are broken into 4 parts:

What this comes down to is that the distribution line item of your bill is the sum of these 4 parts, the first 2 coming from the Schedule 1 or related rate schedule above, and the second two coming from additional riders on your bill for the purposes specified in the rider.  In the case of the Peak-Shaving rider, this comes out to 0.009¢kWh, and for the Energy Efficiency rider, there's an additional 0.044¢kWh.  That makes a total of 0.053¢kWh additional charges on your distribution.

Supply

The supply or generation costs of your Dominion Virginia bill are also broken into 4 parts as of this writing:

As before, the total supply charge is the sum of these 4 items.  The first part comes from the Schedule 1 or related schedule under the section labeled Generation.  The second and third are the Virginia City Hybrid Energy Center rider at 0.280¢kWh and the Bear Garden Generating Station at 0.117¢kWh.  Finally, you have the Base Rate Credit, which, as the name implies, is a rebate on the cost of the base rate schedule.  This credit is a new rider for 2011 and is different depending which base schedule is being used: -0.132¢kWh for Schedule 1, -0.128¢kWh for Schedule 1T and -0.101¢kWh for Schedule 1S; it's not clear at this time what Base Rate Credit, if any, will be received under the new Schedule 1EV rate, but more on that later…

So, under Schedule 1, the total cost of all 3 riders is 0.265¢kWh.

Transmission

The transmission costs of your bill come directly from Rider T: Transmission.  The cost for electricity transmission is therefore given by 0.616¢kWh.

Fuel

The cost of fuel for electricity generation is given by the Fuel Charge Rider A.  As would be expected, the cost of fuel is rather volatile; in the last 10 years, it's changed 8 times, though it's been steadily decreasing since July 2008.  As of this writing, it currently stands at 2.803¢kWh.  Thus, the cost of fuel is clearly the more than half of the additional 4¢ charge.

Sales and Use Surcharge

The Sales and Use Surcharge is a tax on electricity usage levied by the Commonwealth.  It's rated at 0.056¢kWh.

Consumption Taxes

The consumption taxes are by far the most complicated part of the Dominion Virginia Power bill to calculate.  First of all, this tax is actually made up of 3 different taxes: the State Consumption Tax, the Special Regulatory Tax and the Local Consumption Tax.  What complicates things is that, like the Schedule 1 rates, there's a tiered basis to these taxes.  If your total electricity usage in a given month is less than 2.5 MWh (remember, a Megawatt is 1,000 kilowatts), the tax summed over all 3 components comes in at 0.155¢kWh.  But, if you use more than 2.5 MWh, but less than 50 MWh, the summed rate reduces to 0.099¢kWh for all electricity usage above 2.5 MWh.  After 50 MWh, it goes even lower, but I doubt many homes are using 50 MWh in a month; I don't even use that much electricity in a year!

As it happens, last year I dipped into the 2.5 MWh range during all 4 of the Summer months, a total of 122 days under the Schedule 1 definition (June, July, August and September).  So in these months, my EV would have been taxed at the lower rate because of the large amount of electricity usage, but in the off-season months, it would be charged at the higher rate.  If one averages the two rates out, based on 122 days of the year for the lower rate and the 243.2425 off-season days (in the Gregorian Calendar) I therefore pay about 0.136¢kWh for the tax on average.

Local / County Taxes

Each county in Virginia has the option to apply an additional tax on top of the other taxes and surcharges.  For instance, in Fairfax County, where I live, the tax rate is 0.605¢kWh.  The difference with the county tax is that there's a minimum charge of $0.56 which effects any total usage under 93 kWh.  There is also a tax rate cap at $4.00, or about 661 kWh, so that there's no tax for any electricity usage above that limit.  As all of my current household monthly loads are in excess of 661 kWh (and even of the 800 kWh of Schedule 1), I don't expect my EV would incur any additional Fairfax County tax since I'm already paying the $4.00 on the base load.

The 4¢

By adding each of the 7 sections above, not including those already calculated as part of the Schedule 1 rate, you have a total of 3.929¢kWh, or just under 4¢

In the name of fairness, however, I should point out that there's a 0.066¢ discrepancy between the average result above and this result.  I assume this has to do with rounding errors because verifying against my internal calculations for each subsection, my numbers agree with those posted in the 7 sections above.

More to come…

In the second part of the Dominion Virginia Power Electric Vehicle rate proposal series, I'll be covering the details of the new Electric Vehicle rates and how they would effect a typical EV user like myself and what it's like to live under a Time-Of-Use rate.  All that and more, coming soon!

Tuesday, December 28, 2010

Cost per Unit Distance

Back in May, I posted an article about some of the maths you can use to estimate the cost of owning an Electric Vehicle.  Although there was a lot there to absorb, the calculation of fuel economy in terms of miles per gallonequivalent means that you're using 2 estimated commodity prices to equate a value that does not include those in its calculation.  Instead, it was suggested to me at the time that a better calculation is to measure things in terms of miles per unit energy or unit energy per mile.  Of course, the energy of gasoline, released as heat, is not totally converted to car motion in the Carnot cycle within the Internal Combustion Engine (ICE) cylinder, but a theoretical maximum energy possible would be captured by the Higher Heating Value (HHV) of total reaction cool-down.  That said, typically the energy of gasoline is measured by the Lower Heating Value (LHV), which terminates the calculation of energy at 150℃.  However, in fairness to the ICE's best-possible score, I will use the value for Gasoline's HHV to equate engine fuel economy per gallon to energy.  Specifically, the Oak Ridge National Laboratory quotes 132 MJ per gallon of gasoline, HHV, where MJ stands for Megajoule, or 1,000,000 Joules of energy.  The corresponding LHV value for Gasoline is 121 MJ, 7.6% less efficient than the HHV.

Energy Efficiency

As I established in the earlier post, the inherent energy in electrical potential at a given current can also be quantified using the standard value of kilowatts of power exerted in one hour's time, kWh.  The equivalency is given by 3.6 MJ per kWh.  Again, this is an ideal, with the practical loss being an artifact of engine and transmission inefficiencies; the real value would be a small percentage less.  Thus, if we replace gallons with 132 MJ and kWh with 3.6 MJ we can put the 2 energy sources on near-even footing.  By converting everything to maximum available energy and comparing to how far that will allow the vehicle to travel, we can compare both ICE cars and Electric Vehicle (EV) fuel-based efficiency in the common terms of the energy required to go a certain distance for each engine design.

Energy Efficiency of Internal Combustion Engine Calculator

U.S. Units Metric Units
Fuel Economy: mpg l100 km
Energy per unit distance: Unknown, Unknown.
Distance per unit energy: Unknown, Unknown.

popout

Energy Efficiency of Electric Vehicle Calculator

U.S. Units Metric Units
Total Battery Capacity: kW⋅h MJ
Driving Range: mi km
Energy per unit distance: Unknown, Unknown.
Distance per unit energy: Unknown, Unknown.

popout

Energy Cost

The nice thing about evaluating all fuel sources purely by their inherent energy content is that it allows us to freely switch between each energy storage unit.  Indeed, if one simply considers the cost of a given energy storage medium, one can use these equivalencies to determine how much the cost of an object of equivalent energy storage would be.  We can then compare the cost of both gasoline and of the stored charge of a battery.

Convert Between Different Units of Energy

$ per gallon:
¢ per litre:
¢ per Kilowatt⋅Hours:
¢ per Megajoules (106 Joules):
Megajoules per $:

popout

Travel Cost

Finally, we can compare the cost to move an EV and an ICE car by having each one take one of the 2 volatile commodity prices, gasoline or electricity, into account.  The result is the most practical question of all: how much does it cost for this car to go a certain distance.  Alternatively, we can answer the question of how far a unit of currency will get you in that car.  For instance, if you know how much it costs per mile of travel in your vehicle, and you know how far your commute to and from work is, you can simply multiply the 2 numbers and get your daily commute cost.  Do the same calculation in a high mileage ICE car and an efficient EV and see which will be cheaper to run.  Of course that won't include oil changes or battery checks, but as a day-to-day measure, it's a good way to budget your needs in these difficult economic times.

Travel Cost of Internal Combustion Engine Calculator

U.S. Units Metric Units
Fuel Economy: mpg l100 km
Fuel Cost: $gal ¢l
Cost per unit distance: Unknown, Unknown.
Distance per monitary unit: Unknown, Unknown.

popout

Travel Cost of Electric Vehicle Calculator

U.S. Units Metric Units
Total Battery Capacity: kW⋅h MJ
Driving Range: mi km
Cost of Residential Electricity: ¢kW⋅h ¢MJ
Cost per unit distance: Unknown, Unknown.
Distance per monitary unit: Unknown, Unknown.

popout

Conclusion

It's interesting to note that depending on your area, the price of energy in the form of gasoline may be very close to, if not cheaper than the cost of electricity.  For example, a rate of 7.033¢ per kWh represents gasoline selling for $2.57 910, a mere penny below the price I quoted back in May.  Seven months later, the price of gasoline is pushing $3.00 per gallon, but my electric rate has also fallen to 4.187¢ because demand in the winter months is much lower.  Needless to say, based purely on energy cost, gasoline is competitive with electricity, even if the later is still a bit cheaper.  The real advantage of an EV derives from the fact that an electric motor is much more efficient at converting energy to torque than an ICE.

Based purely on their efficiency of energy usage, a typical modern EV can get about twice the distance for a given unit of equivalent energy fuel in an ICE car with high efficiency.  This translates to a 50% savings in fuel cost for an EV.  However, it should be noted that although gasoline is not as efficient an energy source as modern consumer electricity in the U.S., it is still much lighter for a given unit of energy, as well as a lot more dense than the currently available EV batteries.  No vehicle is perfect in every respect and that's one reason why it's not a good idea to buy an EV if you're often traveling long distances.  While the extra weight of the ICE that isn't needed in an EV does allow some room for battery weight to grow, eventually that weight cannot equal the weight saving in storing your energy as gasoline.  Added weight in a vehicle means linear increases of Rolling Resistance as well as in the force required to climb a hill.  What's more, as the mass of a car increases, the energy needed to accelerate it increases quadratically.

But potentially the worst issue is increases in volume required to store fuel.  The volume can be engineered into a streamlined body so as not to introduce more drag into the vehicle.  However a lot of volume would require a lot of extra design and as such may lead to compromises in the aerodynamic efficiency of the car frame.  It's likely this would be heavily engineered away, but there is still the issue of cars being restricted by width and height on standard automotive routes and roads.  Any air resistance from the increased volume that wasn't engineered away would have the most detrimental effect of cubically increasing the power required to overcome drag.

But in the current crop of EVs, a balance has been struck that puts them out ahead of the ICE design meaning that, when that affordable electric car comes to your area, get it and get it NOW for instant savings during your daily commute!

Monday, May 10, 2010

Playing with the Numbers

There is a lot of FUD going on out there about the efficiencies of an Electric Car over a gasoline / petrol powered vehicle.  I hear it all over the place: petrol is much cheaper than electric; fuel must reach $7.50 US per gallon before the U.S. would even consider going electric.  The irony is, of all things, even today electricity is much cheaper per mile traveled than the average gasoline-driven car.  But, rather than me just telling you that, I intend to prove it in such a way that you, yourself, can do the calculation!

In this analysis, I will use standard terminology to refer to various physical concepts and value; if any of these concept are unfamiliar to you, please consult the Glossary below.

Fuel Cost

The factors which go into to calculating the Fuel Cost of an Electric Car per equivalent gallon of petrol are the car's total battery storage, overall range, the cost of residential electricity and the average fuel economy of an equivalent gas-powered vehicle:

  • The Storage Energy, i.e. the Battery, of an electric car is based on its manufacture, though this capacity can deteriorate with battery age.  For instance, the Nissan Leaf is reported to have a battery capacity of 24 kW⋅h.
  • Unfortunately, the range of a given electric vehicle will vary over a number of conditions, including driving speed, ambient temperature and road conditions.  The Nissan Leaf, for example, is rated as having a 100 mile range.  But when you read the fine print, you'll see that that 100 mile range is only valid under the EPA LA4 driving test.
  • The cost of Residential Electric Capacity varies from country to country and within the United States from state to state.  It's hard to judge what energy would cost in the form of $US per kW⋅, not to mention which sources are low-carbon emitting and which are high-carbon emitting.  That said, on the U.S. Department of Energy website, you can find that the average cost of electricity was $0.115 per kW⋅h with a Standard Deviation of 2.8 cents.  Much of the price variation stems from costs in Hawaii recently topping $0.25 per kW⋅h.  It should also be noted that most electric cars will be charged after sunset, when electricity demand is lower and the rates are sometimes cheaper.  Since I don't live in Hawaii or know what evening rates are like there, I'll assume a worst-case scenario of 15 cents per kW⋅h, a little more than 1 Standard Deviation.
  • Now, the fuel economy of a vehicle can vary between 25 mpg for some Sports-Utility Vehicles to 40 or better for some hybrid vehicle technologies.  For the sake of argument, I'll compare the Leaf to a car getting 28 mpg, which is about what my current car gets.  Obviously, I could do much better, and really, I find the gap between 30 mpg and 40 mpg misleading; 7.84 l100 km to 5.88 l100 km makes more sense to me.

The Calculation

Now, given these four quantities, the calculation is quite simple.  First, we calculate the amount of energy used to go a mile.  With a 100 mi range and a 24 kW⋅h battery, this comes out to 240 W⋅hmi.  Next, take the desired comparable fuel economy.  In this example, we chose 28 mpg.  That's to say, take a car that uses 1 gallon of gasoline every 28 miles.  For the electric car, it uses 28 * 240 W⋅h = 6.720 kW⋅h for each gallonequivalent of gasoline.  Finally, we take the cost of electricity, $0.15⁄kW⋅h and multiply that by the energy required to go 28 miles and we get $1.00 810 per gallonequivalent!  So, for the 28 mpg car to be as fuel efficient as the described electric car, fuel prices would have to go back down to $1.00 810gal – and we haven't seen those prices since the late 1990's and are never likely to see them again what with the shrinking supply and rising demand, never mind the recent BP disaster.

Calculator: Electric Car Fuel Cost

U.S. Units Metric Units
Total Battery Capacity: kW⋅h MJ
Driving Range: mi km
Cost of Residential Electricity: ¢kW⋅h ¢MJ
Fuel Economy: mpg l100 km
Average Fuel Cost per VolEquiv: Unknown, Unknown.

popout

Fuel Economy

If, however, you wish to calculate an expected Fuel Economy of an electric vehicle to compare with a conventional combustion engine vehicle, you need to replace the fuel economy (which we shall now calculate) in the Fuel Cost calculation with the current cost of a gallon or liter of gasoline in your area (which is more or less what we just computed).

It should be noted that fuel prices are some of the most volatile numbers you can deal with.  So this calculation can vary widely from week to week and from season to season.  At the time of this writing, a quick check of fuel prices in my area yielded $2.58 910 U.S. per gallon.  This is certain to go higher as the summer arrives but may go lower come next autumn.  In the end, fuel cost is somewhat unpredictable, and this cost could go up or down in the near and long term.

The Calculation

This calculation is also rather straight forward.  Here, we need to equate the cost of fuel with the cost of electricity.  We start with the cost of a gallon of gas: $2.58 910gal.  Next, we determine how many kilowatt⋅hours of electricity that will buy us at $0.15kW⋅h$2.58 910gal divided by $0.15kW⋅h yields 17.26 kW⋅hgalequiv.  Now, with a car that can store up to 24 kW⋅h, this represents 71.9123%galequiv of the battery recharge cost.  Since the car can go 100 miles, this represents better than 72 miles per gallon of fuel equivalent.  It's not quite a 100 mpg dream machine, but 72 mpg is much better than any combustion engine vehicle available today, including any hybrid!

Calculator: Electric Car Mileage Equivalency

U.S. Units Metric Units
Total Battery Capacity: kW⋅h MJ
Driving Range: mi km
Cost of Residential Electricity: ¢kW⋅h ¢MJ
Fuel Cost: $gal ¢l
Average Fuel Economy in VolEquiv: Unknown, Unknown.

popout

The Fine Print

Of the 5 constants I've used thus far, most of them are fairly reliable.  The battery capacity of the Nissan Leaf is pretty well established and isn't likely to change.  Fuel Economy varies greatly between internal combustion vehicles but these numbers are generally available on-line and rarely go above 40 mpg – which is still nearly half that calculated above.  The cost of electricity may vary from state to state but historically has not varied vary much and the choice of $0.15kW⋅h, above 1 standard deviation from the current U.S. national, annual average, should cover most people.  Of course, there are places where the costs are much worse, so your mileage may vary, if you'll pardon the expressions.  However, for most people electricity costs aren't varying much from the national average so hopefully my estimate here work for the majority.

Increasing Fuel Costs

Equally, the cost of fuel varies somewhat from state to state, but usually not much more than $0.50gal.  The variability of gasoline cost is more a factor of a relatively unstable commodities market.  The slowly dwindling resources, the rising international demand, and the occasional disaster all are factors in making the cost of fuel more likely to rise than fall.  That said, the more fuel rises, the more attractive an electric car looks.  So the real question is if the estimate for fuel costs accurately defines a lower bound that will hold for the next 5 - 10 years, at least.  When you consider long-term, it certainly is possible for the cost of fuel to decrease occasionally.  It may drop to $2.00gal at some point, maybe even $1.50gal.  But are we ever likely to see $1.00gal gasoline again, like we did in the U.S. back in 1999?  I could be wrong, but I say, most emphatically, no!  Perhaps $2.58 910gal is unjust and I should choose a lower fuel cost for my calculations.  But we can't know the future, and in general, fossil fuel is likely only to increase in price over time.

Bio-Fuels and Decreasing Fuel Costs

Instead of worrying about fossil fuels, one should really consider the possibilities of bio-diesel, ethanol and other related organic technologies.  There is a tremendous possibility, through the use of clever genetic engineering, that we may one day be able to construct a blue-green algal bacterium that can turn sunlight directly into petro-chemicals at scales that could feed the world's energy needs well beyond even today's capacity, all the while absorbing CO2 from the atmosphere.  As such a technology advances, fuel could become mere pennies per gallon: less expensive even than electricity!  When and if that day comes, the third and final great death of the electric car may once again be upon us.  But that's a very big if and who knows what the future may bring or how long it would be before such a bacterium could be constructed and colonies scaled to global needs?

Hawaii

What the heck is going on in Hawaii?  The cost of electricity in the Aloha State once reached nearly triple the national average.  Hawaiian electricity costs have been steadily increasing for the last 7 years so that by  2008, they were already paying on average $0.32 50kW⋅h, nearly twice the $0.16 72kW⋅h in 2003!  The cost of fuel is also high in Hawaii, but only by maybe $0.33gal, certainly not triple the national average.  So calculating the cost of electricity will vary a great deal from the U.S. national average, but at least for gasoline, even in Hawaii, the costs differences are typically relative.  When the price of fuel goes up in Atlanta, GA, it also goes up in Honolulu, HI.  Indeed, if we run the same fuel economy calculation with the worst case 2008 average electricity cost of $0.32 50kW⋅h and the cheapest fuel price I can find today in Honolulu, $3.25 910gal, we get a fuel economy of over 41 migal.  Now, 41 mpg is a pretty nice fuel economy, but certainly some hybrid cars can achieve that as well, so the choice is less clear, my Hawaiian readers, if an all-electric car like the Nissan LEAF is for you.  Perhaps that's why Nissan is releasing the Leaf in Hawaii first after the initial 5 market roll-out: to counteract the less attractive fuel cost.

Driving Range

Of all the unknowns, driving range is the most deceptive.  Nissan quotes the LEAF as being able to go 100 mi on a single charge.  When you read the fine print, however, they specify that that 100 mi estimate is based on something called the EPA LA4 driving test.  The intricacies of how driving range is actually calculated are quite complicated and worth a post of its own.  What I will say here is that like with fuel economy, driving range depends on the speed driven and is actually inversely proportional to the square of that speed.  Thus, if an EV can drive 100 miles at 50 mph, it may only be able to go 50 miles at 75 mph and only 25 miles at 100 mph.

Glossary

Fuel Economy

Miles Per Gallon (mpg)
The distance one can travel, in miles, given a gallon of fuel; a common measure of fuel efficiency in the United States.
Liters Per 100 Kilometer (l100 km)
The amount of fuel required, in liters, to travel a distance of 100 kilometers; a common measure of fuel efficiency in metric nations.

Convert Between Miles per Gallon and Liters per 100 Kilometers

Miles per Gallon (mpg):
Litres per 100 Kilometre:

popout

Electrical Circuits

Current in Amperes (A)
The amount of charge passing through a point per second.  Fundamentally, it similar in concept to the speed of a charge moving through space, such as electrons flowing in a wire, though not directly equivalent.  An Ampere is equivalent to 1 Coulomb of charge moved per second.
Voltage in Volts (V)
A voltage is the amount of electrical force required to move a charge a certain distance, thus generating a current.  A Volt is equivalent to the force required to generate 1 A of current.  When Voltage refers specifically to an Electromotive Force, it is sometimes abbreviated ℰ, a cursive letter E.
Resistance in Ohms (Ω)
Resistance measures the amount of opposition an electrical circuit has to the free flow of current.  Electrically speaking, Voltage is equivalent to Current (sometimes written I) times Resistance: ℰ = I⋅R.

Electrical Circuits Calculator

Select to Calculate
Voltage (V or ℰ): V
Current (I): A
Resistance (R):
V = IR or ℰ = IR

popout

Mass, Force and Torque

Mass in Kilogram (kg) or poundavoirdupois (lb)
Mass is the amount of stuff.  Mass can be measured in kilograms, grams, or poundsavoirdupois, where 1 poundavoirdupois = 0.453 592 37exact kilograms.  Avoir Du Pois is French for "Owned Things of Weight", though this should not be confused with weight on Earth; it is synonymous with mass.

Convert Between Kilograms and Pounds

Poundsavoirdupois:
Kilograms:

popout

Force in Kilogramforce (kgforce) or poundforce (lbforce)
The mass of an object is directly proportional to its weight on Earth by a factor of g = 9.806 65 ms2 – the Gravitational Acceleration on the surface of the Earth.  The use of gravitational acceleration to calculate force is an example of the formula f = ma in the classical sense, where a, the acceleration, is the constant g and m is the mass.  Thus, a mass times g gives the force of Gravity on Earth applied to that mass and this can be measured in units of kilogramforce or poundforce.  The conversion between kilogramforce and poundforce is the same formula used for mass: 1 lbforce = 0.453 592 37exact kgforce.

Gravitational Acceleration and Weight Calculator

U.S. Units Metric Units
Celestial Body:
Gravitational Acceleration: ft⁄s2 m⁄s2
Mass: lbavoirdupois kg
Force: lbforce kgforce

popout

Force in Newtons (N)
Force can also be measured in units of newtons, which is equal to the amount of force required to accelerate a mass of one kilogram at a rate of one meter per second per second, so that a 1 Netwon = 1 kg⋅ms2.  Note that the newton does not take gravitational acceleration into account and so it differs from kilogramforce by a factor of g: 1 kgforce = 1 kg⋅g = 9.806 65 N.  Since the poundforce can be related to kilogramforce using the above formula, we can also convert between newtons and poundforce: 1 lbforce = 4.448 221 615 260 5 N.  Another example of force is related to the change in momentum (p) – mass in motion, or mass times velocity, i.e. speed – over the change in time (t), given by the differential expression f = ddtp.

Convert Between Different Units of Force

Newtons:
Poundforce:
Kilogramforce:

popout

Torque in Newton⋅Meters (N⋅m) or Poundforce⋅feet (lbforce⋅ft)
Torque is angular force, i.e. the force require to turn something around in a circular motion.  It's typically measured in force-distances measures, such as newton⋅meters or poundforce⋅feet.  The conversion between newton⋅meters and poundforce⋅feet can be calculated by first converting poundforce⋅feet to newton⋅feet using the formula above: 1 lbforce⋅ft = 4.448 221 615 260 5 N⋅ft.  Then, we convert feet to meters using the formula 1 ft = 0.304 8exact m: 1 lbforce⋅ft = 1.355 817 948 331 400 4 N⋅m.  The two-unit definition of torque is because the force of circular motion is proportional to the radius of the circle transcribed by the motion, so the calculation incorporates both a force and a distance (radius).  Therefore, although the units of Torque and Energy are the same, they are not equivalent since Energy implies linear motion and Torque is angular force around a circle of a given radius.

Convert Between Different Units of Torque

Poundforce⋅Feet:
Newton⋅Meters:

popout

In summary, Mass is the amount of stuff an object has.  In a sense, its a fixed quantity of atoms whose individual masses sum to a whole.  Force, however, is not fixed by the amount of stuff, but that mass is a component in the greater quantity which includes the acceleration of the object through space.  Finally, Torque is just like force, but applied to a spinning object.  Just as force is mass with acceleration, torque is mass with rotational acceleration around a fixed radius.

Stored Energy

Classically, the capacity to apply some fixed force to an object in order to accelerate over a specific distance:

Joule (J)
Among other things, the energy required to apply 1 Newton of Force over a distance of 1 meter, where a Newton is the force required to accelerate a 1 kilogram object by 1 meter per second squared.  Energy of the type just described is known as Kinetic Energy and is given by the formula K.E. = ½mv2 in classical mechanics, where m is the mass of the object being moved and v is it's speed.
Kilowatt⋅Hours (kW⋅h)
The amount of energy used to apply 1 kilowatt of power for 1 hour.  A kilowatt is of course 1000 Watts and an hour is 3,600 seconds.  Since Watts are equivalent to Joules per Second, 1 kW⋅h is equivalent to 3,600 seconds times 1,000, which is 3,600,000 Joules or 3.6 Megajoules.
Electron Volt (eV)
The amount of kinetic energy gained by a single, unbound, electron when it accelerates through an electric potential difference of one volt.  The energy is determined by calculating the voltage, in volts, times the charge, in Coulumbs, which gives the energy in Joules.  Since, the charge of an electron is very small (1.602 176 53(14)×10−19 Coulombs), this value is equivalent to 1.602 176 53(14)×10−19 J.
Mass-Energy Equivalence
You are no doubt familiar with the ubiquitous equation E = mc2.  What this means is that, for a given Mass, it has an equivalent energy equal to it times the speed of light, c, squared.  Of course, this source of energy is not easy to tap.  Some of it can be harnessed via Nuclear Fission, as is done throughout the world today, especially in the United States and France.  Much more mass is converted into energy in the Sun through Nuclear Fusion.  The ultimate mass-energy converter is by far the Black Hole, which swallows all matter into its singularity and then, through a process known as Hawking Radiation, emits energetic particles in a slowly accelerating process of erosion.  Thus, Black Holes convert almost all of the energy they take in into raw energy, the ultimate and most efficient energy source in the universe.

Convert Between Different Units of Energy

Megajoules (106 Joules):
Kilowatt⋅Hours:
Yotta⋅Electron⋅Volts (1024 Electron⋅Volts):
Picograms (10-12 Kilograms):
Peta⋅Atomic Mass Units (1015 Atomic Mass Units):

popout

Power

Classically speaking, when applying Energy to an object, power is the speed with which that energy is applied.

Watt
The Watt is the amount of power used to apply 1 Joule of Energy for a period of 1 Second.  It is equivalent to 1 Js or the power of the Electromotive Force applied to a Current, P = I⋅ℰ.
Horsepower (Mechanical)
The amount of power a horse can generate in order to do some work (Energy) for a some unit of time.  For cars in the United States, this unit is used rather than the Metric Watt.  It is equivalent to 33,000 poundforce⋅feet per minute.  Since there are 60 seconds in a minute, this is 550 poundforce⋅feet per second.  In this case, we are measuring the change in torque over time to calculate power.  To convert horsepower to watts, we first need to replace poundforce⋅feet with newton⋅meters using the torque formula: 1 hpmechanical = 550 lbforce⋅fts = 745.699 871 582 270 22 N⋅ms.  Since N⋅ms is equivalent to watts, this gives a result of 745.699 871 582 270 22 watts.

Convert Between Watts and Horsepower

U.S. Units Metric Units
Select to Calculate
Power (P): hpmechanical kW
Current (I): A
Voltage (V or ℰ): V
P = IV or P = Iℰ

popout

Standard Deviation

Standard Deviation, in general terms, is a measure of how accurate a numerical average is.  For instance, according the the United States Department of Energy, the average cost of electricity in the United States for the 12 Month Period from April 2009 to March 2010 was $0.115 per kW⋅h.  This doesn't mean that everywhere in the United States, people are paying that price for Electricity all the time.  Some people are paying more than $0.115 per kW⋅h, and some people are paying less.  Now, using the numbers provided by the DoE, we can compute the standard deviation of that average across all 50 states and the District of Columbia.  Because states with more electricity usage contribute a greater part of the average, a Weighted Mean must be used to calculate the Variance and Standard Deviation.  When this is done for the 612 samples (50 states + The District × 12 months), we get a standard deviation of $0.028 per kW⋅h.  Given this, we can state with confidence that, statistically, 68.268 949 2% of the electricity used in the United States is costing Americans between $0.087 and $0.142 per kW⋅h at any given time.  Furthermore, it would be safe to say that for the 12 month period specified, over 84.124 474 6% of the electricity used by Americans cost 14.2 cents per kW⋅h or less.