EV vs Gas Savings in Maryland (2026)
Maryland electricity averages 14.9¢/kWh and gas runs $3.58/gallon. Driving an EV 12,000 miles costs $511/year in fuel. A 30 MPG gas car costs $1432/year.
Annual savings
$921
per year
5-year savings
$4,605
fuel only
EV fuel/yr
$511
14.9¢/kWh
Gas fuel/yr
$1,432
$3.58/gal
Maryland beats the national average
The national average EV fuel savings is $728/year. Maryland comes in $193/year higher. Cheap electricity (14.9¢/kWh) plus high gas ($3.58/gal) is a strong combination.
Maryland EV vs gas: the full cost breakdown
| EV | Gas car | |
|---|---|---|
| Fuel rate | 14.9¢/kWh | $3.58/gal |
| Efficiency | 3.5 mi/kWh | 30 MPG |
| Annual fuel cost (12,000 mi) | $511 | $1,432 |
| 5-year fuel cost | $2,555 | $7,160 |
| EV fuel savings | $921/yr · $4,605 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: 14.9¢/kWh
1.2¢ below the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $11.18.
Source: EIA 2026 residential rates
Gas: $3.58/gallon
$0.38 above the national average of $3.2/gal. Filling a 15-gallon tank costs $53.7 in Maryland.
Source: GasBuddy 2026 state averages
More EV data for Maryland