Enter your Weekday/Weekend Miles, current car MPG, Gas Price, EV Miles per kWh, and Electricity Rate — the EV Savings Calculator crunches your Annual Fuel Savings, Gas vs. Electric Cost, Annual Miles, and Cost per Mile for each option.
Annual Fuel Savings
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Annual Miles Driven
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Annual Gas Cost
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Annual Electric Cost
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Gas Cost per Mile
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Electric Cost per Mile
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The calculator provides a good estimate based on your inputs, but actual savings may vary depending on driving conditions, weather, charging habits, and specific vehicle efficiency. Use current local rates for the most accurate results.
Most electric vehicles achieve between 3-4 miles per kWh. Compact EVs like the Tesla Model 3 can achieve 4+ mi/kWh, while larger SUVs typically get 2.5-3.5 mi/kWh.
Charging losses (typically 10-15%) are already factored into the average efficiency ratings. However, DC fast charging can have higher losses than home charging.
Check your electric bill for the rate per kWh, or contact your utility company. Rates vary by location and can range from $0.08 to $0.30+ per kWh depending on your region.
In most areas, yes. Electricity is generally cheaper per mile than gasoline, with typical savings of $500-2000+ annually depending on driving habits and local energy costs.
EVs have fewer moving parts and don't require oil changes, spark plugs, or transmission maintenance. This can save an additional $400-800 per year in maintenance costs.
Many utilities offer lower rates during off-peak hours (typically overnight). Charging during these times can increase your savings significantly, sometimes reducing electricity costs by 30-50%.
While this calculator focuses on fuel costs, a Level 2 home charger ($500-2000 installed) provides convenience and faster charging. Federal and local rebates often help offset installation costs.