How Electric Wake Boats Cut Costs on the Water
11.8.24
Electric boats are quickly becoming a mainstream alternative to traditional gas-powered watercraft. With a growing number of ways to save, boaters can benefit significantly when making the switch to electric boats.
The way boating should be
For many owners of gas-powered boats, the experience is both headache-inducing and expensive. From annual maintenance and winterization burdens to steep marina gas prices, boat ownership today is far from glamorous.
By comparison, the fully electric Arc Sport is both easier and less expensive to own. The savings can easily reach tens of thousands of dollars over the course of just a handful of years. For example, assuming a fuel consumption rate of 7 gallons per hour for comparable boats during a 100-hour season, with fuel priced at $7.90 per gallon and residential electricity averaging $0.20 per kWh, you would save an estimated $21,700 over five years by going electric. That includes nearly $15,000 in savings (and headaches!) on maintenance and repair costs.
The future is electric
The electrification of boating is not just a trend; it's the future. And governments are eager to support that future. For example, Washington introduced a sales tax exemption for clean and alternative energy vehicles — including the Arc Sport. This can save you up to $20,000 on your purchase! And in 2021, the FAST Electricity Act — where a credit would apply to electric vessels that move passengers, cargo, or property — was introduced in Congress for consideration.
In short, the future is electric. Come aboard.