Is Owning an Electric Vehicle Cheaper Than Driving a Gas Car?
If you’re interested in getting an EV but aren’t sure where to start, you may be wondering: “Is owning an electric vehicle cheaper than driving a gas car?”
Well, that depends. ev compare vary in their efficiency, which is a factor that can make them more or less expensive to own than cars with internal combustion engines. Efficiency is measured by a statistic on an EV’s window sticker called its kWh-per-100-miles rating, similar to a gas-powered car’s miles-per-gallon stat. EVs that are more efficient at turning electricity into travel distance will have lower kWh-per-100-miles ratings, meaning they’ll cost less to fuel.
Depending on where you live, energy costs also vary. For example, many electricity utilities offer discounted rates during off-peak hours. Some EV drivers use this to save money on charging costs. In addition, EVs emit far fewer greenhouse gases per mile than gas-powered cars. All of these factors are taken into account by the US Department of Energy’s ev compare tool, which adjusts EV fuel costs based on your yearly driving habits and local electricity prices.
EV Compare: Choosing the Best Electric Vehicle for You”
When shopping for an EV, it’s helpful to have a side-by-side comparison of the vehicles you are considering. To help with that, we’ve compiled information about each of the current pure EV models on sale in the United States. You can find each model’s price, range, EPA estimate, and more, all in one place. We’ve also compared the cost of owning an EV with a similar gas-powered vehicle, so you can see just how much you can save by making the switch.