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Electric Vehicles

Learn More About the New Car Efficiency Labels

Understanding Your EV Fuel Cost

You know that owning an EV will reduce your gasoline bill and increase your electric bill, but how much will it cost? How much will you save?

If you drive 12,000 miles per year, 1,000 miles per month and drive...

Your car gets 35 miles per gallon
Gas costs $4 per gallon
Gas cost per month is $160
Gas cost per year is $1,920
Your car uses 33 kilowatt hours per 100 miles
Electricity costs up to 15 cents per kilowatt hour
(see current rates)
Electric car cost per month is $60
Electric cost per year is $720