EV vs Gas Savings in Rhode Island (2026)
Rhode Island electricity averages 21.5¢/kWh and gas runs $3.65/gallon. Driving an EV 12,000 miles costs $737/year in fuel. A 30 MPG gas car costs $1460/year.
Annual savings
$723
per year
5-year savings
$3,615
fuel only
EV fuel/yr
$737
21.5¢/kWh
Gas fuel/yr
$1,460
$3.65/gal
Rhode Island trails the national average
The national average EV fuel savings is $728/year. Rhode Island comes in $5/year lower. Expensive electricity (21.5¢/kWh vs 16.1¢ national average) cuts into the savings.
Rhode Island EV vs gas: the full cost breakdown
| EV | Gas car | |
|---|---|---|
| Fuel rate | 21.5¢/kWh | $3.65/gal |
| Efficiency | 3.5 mi/kWh | 30 MPG |
| Annual fuel cost (12,000 mi) | $737 | $1,460 |
| 5-year fuel cost | $3,685 | $7,300 |
| EV fuel savings | $723/yr · $3,615 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: 21.5¢/kWh
5.4¢ above the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $16.13.
Source: EIA 2026 residential rates
Gas: $3.65/gallon
$0.45 above the national average of $3.2/gal. Filling a 15-gallon tank costs $54.75 in Rhode Island.
Source: GasBuddy 2026 state averages
More EV data for Rhode Island