EV vs Gas Cost in Maryland (2026)
Maryland electricity averages 16.4¢/kWh. Gas is $3.25/gallon. Driving an EV 12,000 miles costs $562/year vs $1,300/year for a 30 MPG gas car.
Annual savings
$738
per year
5-year savings
$3,690
fuel only
EV/mile
4.7¢
vs 10.8¢ gas
State rebate
$3,000
available
Maryland beats the national average
National average EV fuel savings: $728/year. Maryland comes in $10/year higher.
Maryland: EV vs gas full breakdown
| EV | Gas car (30 MPG) | |
|---|---|---|
| Fuel rate | 16.4¢/kWh | $3.25/gal |
| Cost per mile | 4.7¢/mile | 10.8¢/mile |
| Annual fuel (12,000 mi) | $562 | $1,300 |
| 5-year fuel | $2,810 | $6,500 |
| Annual fuel savings | $738/yr · $3,690 over 5 years | |
3.5 mi/kWh EV efficiency · 30 MPG gas car · home charging · 2026 EIA electricity rates and GasBuddy gas prices
Maryland 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: 16.4¢/kWh · Gas: $3.25/gal · Maryland 2026 rates
Maryland EV incentives (2026)
State rebate: up to $3,000
Maryland EVA Tax Credit: up to $3,000 for new BEV. Income limit of $300K joint. File Maryland Form 500CR.
HOV lane access
EVs can use carpool lanes solo in Maryland.
Electricity: 16.4¢/kWh
0.3¢ above the national average of 16.1¢/kWh. A full 75 kWh battery charge costs $12.3.
Source: EIA 2026 residential rates
Gas: $3.25/gallon
$0.05 above the national average of $3.2/gal. Filling a 15-gallon tank costs $48.75 in Maryland.
Source: GasBuddy 2026 state averages
EV charging availability in Maryland
Decent coveragePublic charging in Maryland covers major metro areas and interstate corridors. Rural coverage is improving. Home charging handles most daily needs.
Compare other states
More Maryland EV data