EV vs Gas Cost Comparison:
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This calculator compares the cost per mile of driving an electric vehicle versus a gasoline-powered vehicle. It helps consumers understand the potential savings of switching to an EV based on local electricity and gas prices.
The calculator uses these equations:
Where:
Explanation: The calculator computes the cost per mile for both vehicle types, allowing for direct comparison.
Details: Understanding the cost difference helps consumers make informed decisions about vehicle purchases and estimate potential savings from switching to electric vehicles.
Tips: Enter your local electricity rate, your EV's efficiency (typically 0.25-0.35 kWh/mile), current gas prices, and the MPG of the gas vehicle you're comparing to.
Q1: What's a typical kWh/mile for EVs?
A: Most EVs get 0.25-0.35 kWh/mile. More efficient models might be lower, while larger EVs might be higher.
Q2: Does this include maintenance costs?
A: No, this only compares fuel/energy costs. EVs typically have lower maintenance costs which aren't reflected here.
Q3: How do I find my electricity rate?
A: Check your electric bill for the cost per kWh. Rates vary by location and time of use.
Q4: Should I use city or highway MPG for comparison?
A: Use the MPG that matches your typical driving conditions. For mixed driving, use the combined rating.
Q5: Does this account for charging losses?
A: No, this uses the vehicle's rated efficiency. Actual charging may be 10-15% less efficient due to charging losses.