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!