EV vs Gas Calculator

Two views on the same question: how much fuel you save each year, and how long until those savings pay back the EV's higher purchase price. Uses local electricity tariffs and EIA gas prices for your ZIP code.

Home: 17.0¢/kWh · Public: 40.0¢/kWh. Public assumes DC fast charging (member rate when available, otherwise guest); membership and idle fees excluded.

Pick an EV to start.

How these numbers are calculated

Fuel savings = (gas $/mile − EV $/mile) × annual miles, where gas $/mile is the local gas price divided by MPG and EV $/mile is your electricity rate divided by miles per kWh.

Payback period = (EV price − gas car price + charger installation) ÷ annual fuel savings. We pull the residential electricity rate for your ZIP code (curated utility tariffs or OpenEI URDB, falling back to state averages) and the latest EIA per-state gasoline price. Only apply incentives you are eligible for by lowering the EV price. Federal vehicle purchase credits ended for acquisitions after September 30, 2025.