utilities Calculator Scenario

5-Year EV vs Gas Vehicle Cost Comparison

Total cost of ownership includes purchase price, fuel/electricity, maintenance, insurance, and depreciation.

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Key Considerations

  • 1EVs typically cost more upfront but less to operate
  • 2Electricity costs ~1/3 of gas per mile
  • 3EV maintenance: no oil changes, longer brake life
  • 4Federal tax credit up to 7,500 USD for new EVs

Scenario Parameters

vehicle Type
sedan
annual Miles
12000
ev Purchase Price
45000
ev Efficiency
28
gas Purchase Price
35000
gas Mpg
30
driving Pattern
mixed

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