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EV Savings Calculator

Thinking of going electric? See exactly how much you'll save on fuel costs every month and year.

Gas Vehicle Details

Electric Vehicle Details

~3-4 for standard EVs

ANNUAL SAVINGS

$0.00

Saved per year vs Gas.

Monthly Savings $0.00
Gas Cost / Mo
$0.00
EV Cost / Mo
$0.00

Evaluating the Switch to Electric

One of the biggest incentives for switching to an electric vehicle (EV) is the potential for fuel savings. Electricity is generally much cheaper and more stable in price than gasoline.

This calculator compares the raw "fuel" costs of driving a gas car versus an EV. By inputting your local gas prices and electricity rates, you can see exactly how much cash stays in your pocket every month.

Key Savings Factors

  • Gas Price: The higher gas prices go, the more you save with an EV.
  • Charging Location: Charging at home (residential rates) is usually 2-3x cheaper than public fast chargers.
  • Mileage: The more you drive, the faster the EV pays for itself.

Maintenance Costs

Beyond fuel, EVs also have fewer moving parts than internal combustion engines. This calculator only looks at fuel, but you can also expect to save on:

  • X No Oil Changes
  • X Fewer Brake Replacements (Regenerative braking)
  • X No Transmission Fluid