EV vs Gas Savings in Tennessee (2026)
Tennessee electricity averages 11.8¢/kWh and gas runs $3.02/gallon. Driving an EV 12,000 miles costs $405/year in fuel. A 30 MPG gas car costs $1208/year.
Annual savings
$803
per year
5-year savings
$4,015
fuel only
EV fuel/yr
$405
11.8¢/kWh
Gas fuel/yr
$1,208
$3.02/gal
Tennessee beats the national average
The national average EV fuel savings is $728/year. Tennessee comes in $75/year higher. The below-average electricity rate (11.8¢ vs 16.1¢ national) drives most of the advantage.
Tennessee EV vs gas: the full cost breakdown
| EV | Gas car | |
|---|---|---|
| Fuel rate | 11.8¢/kWh | $3.02/gal |
| Efficiency | 3.5 mi/kWh | 30 MPG |
| Annual fuel cost (12,000 mi) | $405 | $1,208 |
| 5-year fuel cost | $2,025 | $6,040 |
| EV fuel savings | $803/yr · $4,015 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: 11.8¢/kWh
4.3¢ below the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $8.85.
Source: EIA 2026 residential rates
Gas: $3.02/gallon
$0.18 below the national average of $3.2/gal. Filling a 15-gallon tank costs $45.3 in Tennessee.
Source: GasBuddy 2026 state averages
More EV data for Tennessee