EV Savings Calculator
Use our EV savings calculator to compare the cost of charging an electric vehicle with the cost of gasoline. By adjusting factors like electricity rates, gas prices, driving distance, and charging habits, you can estimate how much money you could save by switching to an EV.
Texas EV Savings Calculator
See how much you could save by switching to an EV. Updates instantly.
Annual Miles Driven
The average American drives about 13,500 miles per year. To put that in perspective: a typical Austin commute of 20 miles each way adds up to around 10,000 miles annually. Add errands and weekend trips and most people land between 10,000–15,000 miles. The more you drive, the more you save with an EV.
13,500 miles
Your Electric Vehicle (optional)
Select your EV model to use its EPA-rated efficiency. Leave blank to use a generic 3.5 mi/kWh average which is typical for most EVs.
Efficiency data from EPA 2024–2025 ratings. Leave blank to use a generic EV average.
Texas average ~$0.13–$0.16/kWh.
Do you plan to use public charging?
If you regularly use public chargers or Superchargers, your effective charging cost will be higher than your home rate. Adjust the mix and public rate to get a more accurate estimate.
20%
Tesla Supercharger ~$0.25–$0.35/kWh. Other networks ~$0.30–$0.40/kWh.
Include maintenance savings?
EVs have significantly lower maintenance costs than gas cars — no oil changes, fewer brake jobs due to regenerative braking, and a simpler drivetrain.
Per mile — costs scale automatically with how much you drive. Good if you drive a lot more or less than average.
Flat annual rate — a fixed yearly amount regardless of mileage. Good if you already know roughly what you spend on maintenance each year.
Gas cars average around $0.08–$0.12/mile or $800–$1,200/year. EVs average around $0.02–$0.04/mile or $200–$400/year.
Per mile — costs scale automatically with how much you drive. Good if you drive a lot more or less than average.
Flat annual rate — a fixed yearly amount regardless of mileage. Good if you already know roughly what you spend on maintenance each year.
Gas cars average around $0.08–$0.12/mile or $800–$1,200/year. EVs average around $0.02–$0.04/mile or $200–$400/year.
Your Savings Estimate
Generic EV (3.5 mi/kWh average)
Electric Vehicle
Effective Cost per Mile—
Annual Energy Cost—
vs.
Gas Vehicle
Cost per Mile—
Annual Fuel Cost—
Annual Savings with EV
—
Total Savings over 5 years
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Annual Cost Comparison
This is an estimate based on the inputs provided. Actual savings will vary based on driving habits, local rates, and vehicle. Maintenance estimates are averages — your experience may differ.
