EV Charging at Home: Cost Savings vs Gas
Charging an EV at home costs about $0.04 per mile. Gas costs $0.12 per mile. Here's what that means over a year of driving.
Electric vehicles are cheaper to fuel than gas cars — but how much you save depends on your electricity rate and driving habits.
The Numbers
The average American drives 14,000 miles per year. Let's compare:
Gas car (30 MPG, $3.50/gal):
- Annual fuel cost: $1,633
- Cost per mile: $0.117
EV (3.5 mi/kWh, $0.15/kWh):
- Annual charging cost: $600
- Cost per mile: $0.043
Annual savings: $1,033
Over 8 years of EV ownership, that's over $8,000 in fuel savings alone — before accounting for lower maintenance costs (no oil changes, fewer brake replacements).
Solar + EV = Maximum Savings
If you have solar panels, your "fuel" is essentially free. A 7kW solar system in a high-sun state can produce enough energy to power both your home and charge your EV.
A typical EV needs about 10 kWh per day for 35 miles of driving. That's roughly 3 solar panels worth of production.
Time-of-Use Charging
If your utility offers time-of-use rates, charge your EV overnight when electricity is cheapest. Some utilities offer special EV charging rates as low as $0.08/kWh during off-peak hours.
Calculate Your Savings
Use our EV Charging Cost Calculator to compare your specific gas and electricity costs. Then run the AI Home Energy Advisor to see if solar + EV charging is the right combination for your home.
The bottom line: if you're already considering solar, an EV makes the investment even better. And if you already have an EV, solar can make your fuel costs nearly zero.
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