The following article is sponsored content by Kentucky’s Touchstone Energy Cooperatives.

A year ago, seeing a Tesla or any other electric vehicle was a rarity. But not any longer. Electric vehicles (EVs) are no longer a rarity on the roads, and the reasons are simple: they’re much cheaper to fuel than combustion engines. You plug them in to a charger at a much smaller cost, and they’re ready to go for hundreds of miles on a single charge.

When comparing gasoline prices to electricity prices, it’s clear that EVs are a winner. On average, a typical gas-fueled vehicle costs $1,800 a year to fuel. An average EV costs only $464 a year to charge. Here in Kentucky, where electric rates are some of the lowest in the nation, EV owners can take advantage of costs that average around 10 cents per kilowatt hour. That means you can drive a mile for about three cents.

According to Car and Driver magazine, there are 20 models of electric SUVs and sedans that have ranges beyond 240 miles, with 15 of those able to go more than 300 miles on a single charge. Electric vehicles not only are cheaper to fuel, but their battery technology puts many of them on par with the range of a regular gasoline vehicle.

You can find out more about the benefits of electric vehicles, including charger types, locations and trip planners for EVs at https://togetherwesaveky.com/.