FREE TOOL — NO SIGN-UP REQUIRED

Free EV vs Petrol Cost Calculator 2026

Discover exactly how much you save driving an Electric Vehicle in the USA 🇺🇸, UK 🇬🇧, Europe 🇪🇺, and beyond — with local electricity rates, SEG solar charging savings, km/miles toggle, CO₂ savings, and payback period.

8 Global RegionsMiles & KilometresCO₂ SavingsPayback Period5-Year Projection100% Free

SELECT YOUR REGION

🇬🇧UK
🇺🇸USA
🇪🇺Europe
🇦🇹Austria
🇦🇺Australia
🇩🇪Germany
🇳🇱Netherlands
🇫🇷France
Units:

🚗 Driving & Fuel Variables

⚙️ Advanced Efficiency Settings ▾

💡 Tip: UK electricity ~£0.26/kWh (Ofgem cap). EV tariffs (e.g., Octopus) can go as low as £0.07/kWh overnight.

⚡ Popular EV Models — click to auto-fill

Your Estimated Savings

Yearly Fuel Savings

$1,418

☕ That's enough to buy ~354 cups of coffee!

Monthly Petrol

$170

Monthly EV

$52

Monthly Savings

$118

🔋

📊 5-Year Cost Comparison

Petrol Car Total$10,220
EV Total$3,129
💰 5-Year Total Savings$7,091

🌱 CO₂ Saved Per Year

3,496 kg

166 trees worth of carbon/year

🌿

📖 How to Use the EV vs Petrol Savings Calculator

Thinking of making the switch to an electric vehicle but confused about the math? Our free EV vs Petrol Cost Calculator takes the guesswork out of the equation. We’ve designed this tool to be incredibly simple so that absolutely anyone can understand their potential savings in seconds. Here is a quick, step-by-step guide on how to use it:

1. Choose Your Region & Currency

Start by selecting your country from the quick presets at the top (like the USA, UK, Australia, or Europe). This automatically adjusts the currency, units (miles or kilometres), and fills in the average local electricity and petrol prices for you.

2. Adjust Your Daily Driving

Use the slider to set your average daily driving distance. Whether you have a short 10-mile commute or drive 100 kilometres a day, the calculator will instantly project your fuel costs over a month, a year, and even five years.

3. Pick Your Electric Car Model

Curious about a specific car? Click on the "Popular EV Models" list. We've included real-world efficiency data for top-selling cars like the Tesla Model 3, VW ID.4, and Chevrolet Bolt. Selecting a car automatically updates the calculations to match that exact vehicle's efficiency.

4. Fine-Tune Your Energy Rates

If you know exactly what you pay for electricity or gas, you can manually type it in. If you have a special off-peak EV charging tariff (like charging overnight), lower the electricity rate slider to see your savings skyrocket!

5. Factor in Solar Panels and EV Purchase Price

For the most advanced insights, toggle on the "Solar Charging" or "EV Purchase Cost" buttons. If you have solar panels, enter your system size to see how much free charging you get. If you want to know how long an EV takes to pay for itself, enter the extra purchase cost to see your exact payback period.

Once you’re done, your total estimated savings, CO₂ reduction, and cost comparisons will be clearly displayed. Click the blue "Copy & Share" button to save your personalized results!

🌍 EV Savings by Region — What to Expect

🇺🇸~$1,400/yr

USA

⚡ Over 1.5M EVs Sold/Year
$0.15/kWh|$3.50/gal

Savings vary by state; California & Hawaii electricity is pricier.

🇩🇪~€1,300/yr

Germany

📈 +41% EV Sales Growth (2026)
€0.40/kWh|€1.93/L

High electricity costs but also high petrol taxes make EVs viable.

🇫🇷~€1,800/yr

France

📈 28% EV Market Share (2026)
€0.25/kWh|€2.05/L

Nuclear power keeps rates low — one of Europe's best EV markets.

🇬🇧~£1,400/yr

UK

📈 ~30% EV Market Share (2026)
£0.26/kWh|£1.58/L

Octopus & OVO off-peak tariffs go as low as £0.07/kWh overnight.

🇦🇺~$1,200/yr

Australia

☀️ #1 Rooftop Solar Globally
$0.30/kWh|$1.90/L

High solar adoption makes EV charging very affordable.

🇳🇱~€1,200/yr

Netherlands

🏆 50%+ EV Market Share (2026)
€0.36/kWh|€2.00/L

Dense public charging network. Home charging is most affordable.

Frequently Asked Questions

Is it actually cheaper to run an electric car than a petrol car?

Yes, in almost all regions, charging an EV is significantly cheaper than buying petrol or diesel. While the upfront cost of an EV may be higher, the cost per mile/km is usually 50-70% lower depending on your local electricity rates and if you charge at home.

How much can I save with an EV in the USA?

US EV drivers typically save $1,000–$2,500 per year. With $0.15/kWh electricity and $3.50/gallon gas, driving 40 miles/day saves ~$1,400/year.

How much can I save by switching to an EV in Europe (UK, Germany, France)?

European savings depend on your country. In Germany (€0.40/kWh electricity, €1.93/L petrol), drivers save around €1,200–€2,000/year. In France, with lower electricity rates (~€0.25/kWh), savings are even greater. UK drivers on EV tariffs can save £1,500+ annually.

How much can I save by switching to an EV in Australia?

Australian EV drivers pay around $0.30/kWh to charge, versus $1.90/L for petrol. Driving 40 km/day, you can save roughly $1,200–$1,800 per year. Select the 🇦🇺 Australia preset in our calculator for an accurate estimate.

How much does it cost to charge an electric car at home vs public chargers?

Home charging is usually the cheapest option, often costing $0.10-$0.30 per kWh depending on your utility. Public fast chargers are more expensive, typically costing $0.40-$0.80 per kWh. Using our calculator, you can adjust the electricity rate to see the difference.

How much can I save by charging an EV with solar panels?

If you have a home solar panel system, charging your EV during sunny hours can reduce your charging costs to nearly zero. This accelerates your EV payback period significantly. You can toggle the 'Solar Charging' feature in our calculator to estimate these exact savings.

Do electric cars save you money on maintenance?

Yes. Electric vehicles have fewer moving parts than internal combustion engine cars. There are no oil changes, spark plugs, or exhaust systems to replace, and regenerative braking significantly extends the life of brake pads. On average, EV maintenance costs are about half that of a gas car.

What is EV efficiency in km/kWh (metric)?

In metric countries, EV efficiency is measured in kilometres per kilowatt-hour (km/kWh). A typical EV gets 5–7 km/kWh. For example, the Tesla Model 3 averages ~6.8 km/kWh, the VW ID.4 ~5.5 km/kWh, and the BYD Han ~6.2 km/kWh.

How is the payback period calculated?

The payback period = extra purchase cost of EV ÷ monthly fuel savings. For example, if an EV costs £5,000 more than a gas car and you save £200/month on fuel, it pays back in 25 months (~2.1 years).

How much CO₂ does switching to an EV save?

Petrol combustion emits ~2.31 kg CO₂ per litre. Your EV's grid emissions depend on your region (France ~56 gCO₂/kWh, UK ~225, Germany ~350, China ~560). We subtract EV emissions from gas emissions to give you net CO₂ savings.

How do time-of-use (off-peak) electricity tariffs affect EV savings?

Many utility companies offer off-peak tariffs (like Octopus Energy in the UK) where electricity is much cheaper overnight. By scheduling your EV to charge during these hours, you can increase your savings by up to 70% compared to standard flat rates.

Which EV models are available in the calculator?

The model picker shows models relevant to your selected region: Tesla Model 3, Chevrolet Bolt (USA), VW ID.4, Peugeot e-208 (Europe), BYD Han, BYD Atto 3, NIO ET5 (China), and Hyundai IONIQ 6 (global). Clicking a model auto-fills its real-world efficiency.