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The Drive Electric Fuel Savings Calculator helps you compare the cost of driving gasoline-powered vehicles versus electric vehicles. It calculates the potential savings you can achieve by switching to electric transportation.
The calculator uses the following formula:
Where:
Explanation: The calculator compares the total cost of driving gasoline miles versus electric miles to determine your potential savings.
Details: Calculating fuel savings helps consumers make informed decisions about vehicle purchases, understand the long-term cost benefits of electric vehicles, and plan for sustainable transportation choices.
Tips: Enter the number of miles driven with both gasoline and electric vehicles, along with their respective cost per mile. All values must be valid non-negative numbers.
Q1: How do I calculate cost per mile for gasoline vehicles?
A: Divide the cost of a gallon of gas by your vehicle's miles per gallon (MPG) rating.
Q2: How do I calculate cost per mile for electric vehicles?
A: Divide the cost of electricity (per kWh) by your vehicle's efficiency (miles per kWh).
Q3: What factors affect fuel savings?
A: Gas prices, electricity rates, vehicle efficiency, driving patterns, and maintenance costs all impact overall savings.
Q4: Are there additional savings with electric vehicles?
A: Yes, electric vehicles typically have lower maintenance costs and may qualify for government incentives.
Q5: Should I consider the initial purchase price?
A: While this calculator focuses on operational costs, the total cost of ownership should include the purchase price and potential resale value.