EV vs Gas Savings in Texas (2026)
Texas electricity averages 14.2¢/kWh and gas runs $3.0/gallon. Driving an EV 12,000 miles costs $487/year in fuel. A 30 MPG gas car costs $1200/year.
Annual savings
$713
per year
5-year savings
$3,565
fuel only
EV fuel/yr
$487
14.2¢/kWh
Gas fuel/yr
$1,200
$3.0/gal
Texas trails the national average
The national average EV fuel savings is $728/year. Texas comes in $15/year lower. The below-average electricity rate (14.2¢ vs 16.1¢ national) drives most of the advantage.
Texas EV vs gas: the full cost breakdown
| EV | Gas car | |
|---|---|---|
| Fuel rate | 14.2¢/kWh | $3.0/gal |
| Efficiency | 3.5 mi/kWh | 30 MPG |
| Annual fuel cost (12,000 mi) | $487 | $1,200 |
| 5-year fuel cost | $2,435 | $6,000 |
| EV fuel savings | $713/yr · $3,565 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: 14.2¢/kWh
1.9¢ below the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $10.65.
Source: EIA 2026 residential rates
Gas: $3.0/gallon
$0.2 below the national average of $3.2/gal. Filling a 15-gallon tank costs $45.0 in Texas.
Source: GasBuddy 2026 state averages
More EV data for Texas