Electric Car Savings Calculator

calculatorsonline.co.uk

Electric Car Savings Calculator

Discover how much you could save by switching to an electric vehicle. Compare annual fuel costs, 5-year savings, and CO2 emissions against your current petrol or diesel car.

EV vs ICE Costs
💷 Annual Savings
🌱 CO2 Reduction
📱 Mobile Friendly

Calculate Your EV Savings

Enter your current driving habits and vehicle details to see a realistic breakdown of the financial and environmental benefits of going electric.

Vehicle & Usage Details

Enter your current car and EV estimates

🚗 Current Car Details
UK average is ~7,400 miles.
Check your logbook or fuel economy.
Current UK average is ~£1.45.
🔋 Electric Vehicle Estimates
Average is 3.5 – 4.5 miles per kWh.
Home charging average is ~24p. Off-peak can be lower.

Savings Evaluation

Estimated financial and environmental impact

UK Running Cost Comparisons

Standard benchmarks for evaluating electric vehicle efficiency against internal combustion engines.

Metric Petrol / Diesel Car Electric Vehicle (EV)
Average Efficiency35 – 45 MPG3.5 – 4.5 miles per kWh
Average Fuel/Energy Cost~£1.45 per litre~24p per kWh (Home)
Cost per Mile (Average)~15p – 18p~6p – 8p (Home charging)
CO2 Emissions~150g – 180g per km~50g per km (UK Grid Mix)
Annual MaintenanceHigher (oil, filters, brakes)Lower (fewer moving parts)
⚠️ Important Note: This calculator assumes primarily home charging. Using public rapid chargers (often 45p–85p per kWh) will significantly reduce your financial savings. Maintenance and insurance costs are also excluded but generally favour EVs over time.

Electric Car Savings FAQ

Everything you need to know about the costs and benefits of switching to an electric vehicle.

On average, UK drivers can save between £800 and £1,200 per year on fuel costs alone by switching from a petrol or diesel car to an electric vehicle, depending on annual mileage and home charging availability.

MPG (miles per gallon) and miles per kWh measure different things. A typical efficient EV achieves around 3.5 to 4.5 miles per kWh. To compare costs, calculate the cost per mile: (Fuel price per litre × 4.546) ÷ MPG for petrol/diesel, and (Electricity price per kWh) ÷ miles per kWh for an EV.

It is significantly cheaper to charge an EV at home using a standard domestic tariff or an EV-specific overnight tariff (often 7p–15p per kWh). Public rapid chargers typically cost between 45p and 85p per kWh, which can erase the financial savings of driving electric.

Yes. Even when accounting for the UK’s electricity grid mix, an average EV produces roughly 60-70% less CO2 over its lifetime compared to a new petrol or diesel car. As the grid becomes greener, this advantage continues to grow.

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