Will my electric bill double?

For the average driver (1,000 miles/month), an EV adds about $30-$50 to the monthly electric bill. However, you eliminate the $150+ spent on gasoline, resulting in net savings.

What are Time-Of-Use (TOU) rates?

Many utilities offer cheaper rates overnight (off-peak) to encourage EV charging. Charging at 2 AM might cost $0.08/kWh compared to $0.25/kWh at 5 PM.

Home Charging Cost Calculator

See how much your electric bill will go up and how much you save vs gas.

🚗 Driving Habits

Monthly Mileage:

EV Efficiency (mi/kWh):

Avg: Model 3 (~4.0), F-150 Lightning (~2.2)

Electricity Rate ($/kWh):

⛽ Gas Comparison

Gas Price ($/gal):

Gas Car MPG:

The $100 vs $10 Fill-Up

The "Sticker Shock" of an EV purchase price often hides the monthly cash flow benefits. The Home Charging Cost Calculator reveals the immediate impact on your monthly budget.

Ghost Cost: Efficiency

Just like MPG, not all EVs are equal. A Hummer EV needs twice the electricity of a Model 3 to go the same distance. Your "Fuel" cost depends heavily on your vehicle's efficiency (Mi/kWh).

The "Gas Station" in your Garage

Home charging is usually 3-4x cheaper than public fast charging. If you rely solely on Superchargers/Electrify America, your savings vs gas will be minimal.

Comparison Math

Gas Car: 30 MPG @ $3.50/gal = $0.12 per mile.
EV: 4 Mi/kWh @ $0.14/kWh = $0.035 per mile.

Result: The EV is nearly 4x cheaper to fuel per mile driven.