Electric Vehicle Fuel Savings Calculator
Understanding Electric Vehicle Savings
How the Calculator Works
This calculator helps you estimate potential savings when switching from a gas-powered vehicle to an electric vehicle (EV). It considers:
- Your current gas vehicle's fuel efficiency (MPG)
- Local gas prices
- EV energy efficiency (kWh/100mi)
- Local electricity rates
- Annual driving distance
Additional Savings Factors
Beyond fuel costs, EVs often provide additional savings through:
- Lower maintenance costs (fewer moving parts)
- Potential tax incentives and rebates
- Lower insurance rates in some areas
- Higher resale value