Genesis GV60 (Advanced) in New Jersey
Home charging at 19.13¢/kWh (EIA). 32 kWh per 100 miles (EPA combined). Public DC fast: 48¢/kWh avg.
EV vs gas car — annual fuel cost
The Genesis GV60 (Advanced) at home rates compared against a typical 28-mpg gas car and a 40-mpg hybrid at the New Jersey fuel price ($3.15/gal).
| Annual mileage | Genesis GV60 (Advanced) (home) | 28-mpg gas | 40-mpg hybrid | EV savings vs gas |
|---|---|---|---|---|
| 6,000 mi | $367 | $675 | $473 | $308 |
| 10,000 mi | $612 | $1125 | $788 | $513 |
| 12,000 mi | $735 | $1350 | $945 | $615 |
| 15,000 mi | $918 | $1688 | $1181 | $769 |
| 20,000 mi | $1224 | $2250 | $1575 | $1026 |
Home vs public DC fast charging
Home charging is the default cost optimization. Public DC fast charging in New Jersey runs about 2.5× the home rate. For 12,000 miles/yr entirely on DC fast, annual fuel cost would be $1843 vs $735 at home — a $1109 penalty. Apartment dwellers and road-trippers should price this in; daily commuters with home Level 2 can usually ignore public chargers.
DC fast rate is a network average (Electrify America + EVgo + Tesla Supercharger + ChargePoint). Real prices vary by location, time of day, and membership tier.
EV incentives in New Jersey
- Charge Up New Jersey$4,000rebateBEV only, MSRP < $55,000. Program funding cycles — re-opens periodically.
- tax creditZEVs previously fully exempt from 6.625% sales tax; phasing to half rate in 2026 then full rate 2029
Same vehicle in neighboring states
How Genesis GV60 (Advanced) cost compares in New Jersey's contiguous neighbors. Relevant for cross-border driving and relocation decisions.
| State | Electricity | Gas | EV / 100mi | Saves vs gas |
|---|---|---|---|---|
| New Jersey (current) | 19.13¢ | $3.15 | $6.12 | $5.13 |
| Delaware | 14.78¢ | $3.15 | $4.73 | $6.52 |
| Pennsylvania | 18.20¢ | $3.40 | $5.82 | $6.32 |
| New York | 23.92¢ | $3.30 | $7.65 | $4.13 |
Vehicle specs
- EPA combined efficiency: 32 kWh/100 miles
- EPA range: 248 miles
- Make / model: Genesis GV60
Other EVs in New Jersey
Common questions
- How much does it cost to charge a Genesis GV60 (Advanced) at home in New Jersey?
- About $6.12 per 100 miles at the New Jersey residential electricity rate of 19.13¢/kWh (EIA). For comparison, a 28-mpg gas car at local gas prices costs $11.25 per 100 miles. Annual savings at 12,000 miles: ~$615.
- Home charging vs public DC fast charging — what's the difference in New Jersey?
- Public DC fast charging in New Jersey averages ~48¢/kWh — that's 2.5× home rates. A 100-mile session costs roughly $15.36 at public chargers vs $6.12 at home. For daily commuting, home charging pays off. Public fast charging is for road trips and apartment dwellers without home charging access.
- Are there EV incentives in New Jersey?
- Yes. Total state incentives can reach $4,000 on top of the federal $7,500 Section 30D tax credit. Eligibility depends on vehicle MSRP and household income — check the official program page for current limits.
- Does winter weather affect charging cost in New Jersey?
- Yes — cold weather can reduce EV efficiency by 15-30% (battery + heater draw). The numbers above use EPA combined ratings; budget +20% for sustained sub-freezing temps. Winter range drop is most pronounced for northern states.
Full data sources and formulas: /sources.