Speedy Auto > Auto FAQ >  > Cars > Ford

Is it cheaper to refuel your EV battery or gas tank? We did the math

Assumptions:

- The average price of gasoline in the United States is $3.85 per gallon.

- The average fuel economy of a gasoline-powered car is 25 miles per gallon.

- The average price of electricity in the United States is 13.5 cents per kilowatt-hour.

- The average EV battery has a capacity of 60 kilowatt-hours.

- The average EV gets 120 miles per charge.

Calculations:

- The cost to refuel a gasoline-powered car with a 15-gallon tank is $57.75 ($3.85 x 15).

- The cost to charge an EV battery with a capacity of 60 kilowatt-hours is $8.10 (0.135 x 60).

Comparison:

- It is cheaper to refuel an EV battery than a gas tank. In this example, it costs $57.75 to refuel a gasoline-powered car, while it costs only $8.10 to charge an EV battery.

Limitations:

- This comparison is based on average prices for gasoline and electricity. The cost to refuel an EV battery or a gasoline-powered car can vary depending on location and time of day.

- This comparison does not take into account the cost of purchasing an EV, which is typically more expensive than a gasoline-powered car.

- This comparison does not take into account the environmental impact of driving an EV or a gasoline-powered car.