EV vs Gas Savings in Colorado (2026)
Colorado electricity averages 13.7¢/kWh and gas runs $3.28/gallon. Driving an EV 12,000 miles costs $470/year in fuel. A 30 MPG gas car costs $1312/year.
Annual savings
$842
per year
5-year savings
$4,210
fuel only
EV fuel/yr
$470
13.7¢/kWh
Gas fuel/yr
$1,312
$3.28/gal
Colorado beats the national average
The national average EV fuel savings is $728/year. Colorado comes in $114/year higher. Cheap electricity (13.7¢/kWh) plus high gas ($3.28/gal) is a strong combination.
Colorado EV vs gas: the full cost breakdown
| EV | Gas car | |
|---|---|---|
| Fuel rate | 13.7¢/kWh | $3.28/gal |
| Efficiency | 3.5 mi/kWh | 30 MPG |
| Annual fuel cost (12,000 mi) | $470 | $1,312 |
| 5-year fuel cost | $2,350 | $6,560 |
| EV fuel savings | $842/yr · $4,210 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: 13.7¢/kWh
2.4¢ below the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $10.27.
Source: EIA 2026 residential rates
Gas: $3.28/gallon
$0.08 above the national average of $3.2/gal. Filling a 15-gallon tank costs $49.2 in Colorado.
Source: GasBuddy 2026 state averages
More EV data for Colorado