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EV vs Gas Savings in California (2026)

California electricity averages 24.5¢/kWh and gas runs $4.35/gallon. Driving an EV 12,000 miles costs $840/year in fuel. A 30 MPG gas car costs $1740/year.

Annual savings

$900

per year

5-year savings

$4,500

fuel only

EV fuel/yr

$840

24.5¢/kWh

Gas fuel/yr

$1,740

$4.35/gal

California beats the national average

The national average EV fuel savings is $728/year. California comes in $172/year higher.

California EV vs gas: the full cost breakdown

EV Gas car
Fuel rate 24.5¢/kWh $4.35/gal
Efficiency 3.5 mi/kWh 30 MPG
Annual fuel cost (12,000 mi) $840 $1,740
5-year fuel cost $4,200 $8,700
EV fuel savings $900/yr · $4,500 over 5 years

12,000 mi/yr · 3.5 mi/kWh EV · 30 MPG gas car · 2026 EIA and GasBuddy data · home charging only

Electricity: 24.5¢/kWh

8.4¢ above the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $18.38.

Source: EIA 2026 residential rates

Gas: $4.35/gallon

$1.15 above the national average of $3.2/gal. Filling a 15-gallon tank costs $65.25 in California.

Source: GasBuddy 2026 state averages