EV fuel savings depends on where you live and what you drove before

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Energy.gov's latest Fact of the Week showed that electricity costs, fuel costs, and the driver's previous vehicle contribute to EV fuel cost savings.

Switching from a gas vehicle to an electric model can yield significant savings on fuel costs and other expenses, but how much you save depends heavily on where you live. The latest Energy.gov Fact of the Week shows that people in some states only save a few cents per mile, while others could save almost $0.20 or more. The data came from Argonne National Laboratory and estimates the fuel cost savings per mile on a zip code level across the United States.

Argonne attributes some of those savings differences to utilities costs, but the lab also said that drivers in some of the highest-saving states could also be more likely to drive large trucks or SUVs, which would yield a greater cost reduction when switching to an EV. That said, electric models remain consistently more expensive than their gas counterparts across the board, making it hard for EV buyers to see any actual savings during their ownership period.

 

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