EV Fuel Savings Calculator

See how much you can save on fuel by switching to an EV β€” annual costs plus 5 and 10-year projections.

πŸ’° EV Fuel Savings Calculator

Results

Annual Gas Cost2,500
Annual EV Cost500
Annual Savings2,000
5-Year Savings10,000
10-Year Savings20,000

πŸ’‘ How to Calculate EV Fuel Savings

EV fuel savings = annual petrol/diesel cost βˆ’ annual EV electricity cost. The formula uses your local fuel and electricity prices. Enter your own values to see accurate savings for your situation.

The savings compound over time. At 1,500 saved per year, that's 7,500 over 5 years and 15,000 over 10 years β€” often enough to offset the EV price premium. Electricity prices are also more stable than fuel prices, making EV costs more predictable.

Switching from a 12 km/L car (fuel at 1.50/L) to an EV (6 km/kWh, 0.15/kWh) at 20,000 km/yr saves roughly 2,000/yr in fuel alone. Over 10 years, that's 20,000.

EV Fuel Savings Calculator FAQ

πŸ”— Related Calculators

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