Actually, I've done the math on it. One thing people forget to figure in is the cost of the vehicle. The only time this doesn't count is if they do not already have a car. But if they do, they will loose substantial amounts of money before regaining it back.
Here's the indirect science: The average electric car might draw about 22,000 kW per charge (which is by far more then the average 2 bedroom house draws in one day) and the best monocrystaline roof-top solar panels take about 2 days to make that power even in direct sunlight all day. With Lithium Polymer batteries, the car can most likely go about 300 miles per charge and spend about 5-6 hours recharging a full 350V DC traction battery pack at 7-8 amps /115VAC.
This is where you calculate the cost: if the 300 miles lasts you 4 days, then you're going to save money as the solar panels will spin your electric meter backwards for 2 days more then it needs to. (Solar panels only off-set the cost of charging.) However, if you drive about 150 miles a day, you do not save anything and you will break even. If you drive any more then 150 miles a day (average) then you will loose money in electricity (but not as much as the cost in gasoline.)
However, you must add up the cost of the car (possibly $50K) and the solar panels (I've seen them as low as $7K) and the cost of charging (maybe $5 dollars every 150 miles - still nice). All together in 1 year, you might drive 15K miles. (15000/150x5=$500) So at this point, you're spending $57,500 in one year on an electric vehicle. If this cost does not out-weigh the amount you're spending on gas in 1 year, you're driving a M1 Abrams tank. But if you have to buy a car anyway, at least you can knock $50K off that figure and spend $7500 for the one year and make back some money on the next.
I'm basing all my figures off of current costs. Average fuel spending last year was around $3700 anually. Current electric costs in my area aren't too bad. And solar panels are cheap right now as there is a city-sponsored discount for getting solar panels plus a good home owner's tax cut.
Here's the indirect science: The average electric car might draw about 22,000 kW per charge (which is by far more then the average 2 bedroom house draws in one day) and the best monocrystaline roof-top solar panels take about 2 days to make that power even in direct sunlight all day. With Lithium Polymer batteries, the car can most likely go about 300 miles per charge and spend about 5-6 hours recharging a full 350V DC traction battery pack at 7-8 amps /115VAC.
This is where you calculate the cost: if the 300 miles lasts you 4 days, then you're going to save money as the solar panels will spin your electric meter backwards for 2 days more then it needs to. (Solar panels only off-set the cost of charging.) However, if you drive about 150 miles a day, you do not save anything and you will break even. If you drive any more then 150 miles a day (average) then you will loose money in electricity (but not as much as the cost in gasoline.)
However, you must add up the cost of the car (possibly $50K) and the solar panels (I've seen them as low as $7K) and the cost of charging (maybe $5 dollars every 150 miles - still nice). All together in 1 year, you might drive 15K miles. (15000/150x5=$500) So at this point, you're spending $57,500 in one year on an electric vehicle. If this cost does not out-weigh the amount you're spending on gas in 1 year, you're driving a M1 Abrams tank. But if you have to buy a car anyway, at least you can knock $50K off that figure and spend $7500 for the one year and make back some money on the next.
I'm basing all my figures off of current costs. Average fuel spending last year was around $3700 anually. Current electric costs in my area aren't too bad. And solar panels are cheap right now as there is a city-sponsored discount for getting solar panels plus a good home owner's tax cut.