EV Cost Equation:
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The EV Cost Calculator estimates the electricity cost for driving an electric vehicle based on your local electricity rate, your vehicle's energy consumption, and the distance traveled.
The calculator uses the equation:
Where:
Explanation: The equation multiplies the three factors to determine total electricity cost for your trip.
Details: Calculating EV costs helps compare against gasoline vehicles, budget for trips, and understand charging expenses.
Tips: Enter electricity rate in $/kWh, energy consumption in kWh/mile (check your EV specs), and distance in miles. All values must be positive numbers.
Q1: Where can I find my EV's energy consumption?
A: Check your vehicle's specifications or onboard computer - it's often displayed as kWh/100 miles which you can convert to kWh/mile.
Q2: How does this compare to gasoline costs?
A: EVs typically cost 1/3 to 1/2 of gasoline vehicles per mile, but exact savings depend on local electricity and gas prices.
Q3: Does this include charging losses?
A: No, this calculates theoretical minimum cost. Actual costs may be 10-15% higher due to charging inefficiencies.
Q4: Can I use this for different units (km, kWh/km)?
A: Yes, but convert all units consistently (either all miles or all kilometers).
Q5: Does this account for time-of-use electricity rates?
A: No, this uses a flat rate. For time-based rates, calculate separately for different charging times.