Korvaix

EV vs Petrol Running Costs Compared

How much cheaper is an EV to run than a petrol car? A practical comparison of energy costs, maintenance, and cost per mile.

Try the EV vs Petrol Cost Calculator

How EV running costs differ from petrol

Electric vehicles are significantly cheaper to fuel. Electricity costs around 5–8p per mile, while petrol costs 15–20p per mile at current prices. The difference comes from two factors:

  • Electricity is cheaper per unit of energy than petrol
  • Electric motors are much more efficient than combustion engines

Home charging vs public charging

Where you charge makes a big difference:

Charging methodTypical cost per kWhCost per mile (3.5 mi/kWh)
Home (standard tariff)24.5p7p
Home (EV tariff, off-peak)7–10p2–3p
Public (slow/fast)40–60p11–17p
Public (rapid/ultra-rapid)60–85p17–24p

Maintenance differences

EVs typically cost less to maintain because they have fewer moving parts — no oil changes, no exhaust system, and regenerative braking means brake pads last longer. Average EV maintenance is £200–£400/year vs £500–£800/year for petrol.

Why results vary

Running costs depend heavily on your mileage, charging habits, tariff, and vehicle efficiency. Winter range can drop 20–30% for EVs, and public charging costs more than home charging.

Try the calculator

Use our EV vs Petrol Cost Calculator to compare running costs based on your actual driving and energy prices.

All guides · More Save money · All calculators

Related calculators

  • EV vs Petrol Cost Calculator — EV energy cost = miles ÷ miles/kWh × electricity rate. Petrol fuel cost = miles ÷ MPG × 4.546 × fuel price per litre. Compare annually to se
  • Fuel Cost Calculator — Enter your journey distance and fuel economy to find out how much your trip will cost in fuel, with weekly, monthly, and annual estimates.
  • Savings Interest Calculator — See how your savings will grow with compound interest. Enter a lump sum, regular monthly deposits, and an interest rate to get a year-by-yea
  • Electricity Cost Calculator — Electricity cost = (Wattage ÷ 1,000) × Hours used × Electricity rate per kWh. A 2,000W appliance running for 1 hour at 24.5p/kWh costs about
  • Energy Bill Calculator — Your energy bill = (Usage in kWh × Unit rate) + Standing charges. The average UK household pays around £1,568/year for dual fuel under the c
  • Commute Cost Calculator — Your commute cost = fuel cost (based on distance, MPG, and fuel price) + parking + tolls, multiplied by commute days per week. Work-from-hom

Related guides

Last updated

Last reviewed: 2026-04-12T13:47:06.590Z.