EV Savings Calculator
Compare the total cost of ownership of an electric vehicle and a gasoline car. Find out exactly how much you save on fuel and when your EV investment pays off.
Annual Driving Costs
Cumulative Costs — Purchase + Running
Set Your Own Parameters
How does the EV savings calculator work?
Our calculator compares the total cost of ownership (TCO) of an electric vehicle and a petrol car. It takes into account the purchase price, current fuel and electricity prices, vehicle consumption, and your annual mileage. The payback chart shows from which year your EV investment starts to pay off.
Annual Fuel Savings
The average EV consumes 15–20 kWh/100 km. At an electricity price of €0.30/kWh and petrol price of €1.60/litre, with 20,000 km/year you save approximately €2,000–€3,500 on fuel.
Return on Investment (ROI)
EVs are typically more expensive to buy but cheaper to run. Typical payback of the higher purchase price is between 3–6 years depending on energy prices and annual mileage.
Company & Employee Benefits
Many companies offer employees subsidised charging or contributions towards an EV as a benefit. A lower purchase price can be entered directly into the calculator to see exactly how the payback period shortens.
Frequently Asked Questions about EV Savings
How much can I save annually by switching to an EV?
With a typical mileage of 20,000 km/year, petrol price of €1.60/litre and electricity price of €0.30/kWh, you save approximately €2,000–€3,500 per year on fuel depending on your vehicle.
How long does it take for an EV to pay for itself?
With an average price difference of €10,000 and savings of €2,000–€3,500 per year, an EV typically pays for itself within 3–6 years. The exact payback for your parameters is shown in the chart above.
What is the real cost per kilometre of an EV?
Home charging at €0.30/kWh and consumption of 20 kWh/100 km costs only €0.06/km. For a petrol car at 7 l/100 km and €1.60/litre it is €0.11/km — the EV is roughly 40–60% cheaper to run.
Does the calculator include insurance and service costs?
This calculator focuses on fuel costs and payback from the purchase price perspective. EV service is generally cheaper — no oil changes and fewer moving parts.
The results are indicative and without guarantee. Actual costs depend on individual operating conditions.