EV vs Gas Cost in Colorado (2026)
Colorado electricity averages 14.2¢/kWh. Gas is $3.28/gallon. Driving an EV 12,000 miles costs $487/year vs $1,312/year for a 30 MPG gas car.
Annual savings
$825
per year
5-year savings
$4,125
fuel only
EV/mile
4.1¢
vs 10.9¢ gas
State rebate
$5,000
available
Colorado beats the national average
National average EV fuel savings: $728/year. Colorado comes in $97/year higher. Cheap electricity (14.2¢/kWh) and high gas ($3.28/gal) — strong combination for EV owners.
Colorado: EV vs gas full breakdown
| EV | Gas car (30 MPG) | |
|---|---|---|
| Fuel rate | 14.2¢/kWh | $3.28/gal |
| Cost per mile | 4.1¢/mile | 10.9¢/mile |
| Annual fuel (12,000 mi) | $487 | $1,312 |
| 5-year fuel | $2,435 | $6,560 |
| Annual fuel savings | $825/yr · $4,125 over 5 years | |
3.5 mi/kWh EV efficiency · 30 MPG gas car · home charging · 2026 EIA electricity rates and GasBuddy gas prices
Colorado savings calculator — adjust for your situation
EV annual fuel
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Gas annual fuel
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Annual savings
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Electricity: 14.2¢/kWh · Gas: $3.28/gal · Colorado 2026 rates
Colorado EV incentives (2026)
State rebate: up to $5,000
Colorado Clean Vehicle Tax Credit: $5,000 for new EVs purchased or leased in 2026. Income limit of $150K single / $300K joint. Must be new vehicle under $80K MSRP.
HOV lane access
EVs can use carpool lanes solo in Colorado.
Electricity: 14.2¢/kWh
1.9¢ below the national average of 16.1¢/kWh. A full 75 kWh battery charge costs $10.65.
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
EV charging availability in Colorado
Well-coveredColorado has strong public charging infrastructure — DC fast chargers, Tesla Superchargers, and Level 2 stations are widely available along major corridors and in urban areas.
Compare other states
More Colorado EV data