EV calculator
Annual EV Charging Cost Calculator
Estimate annual EV electricity spending from annual mileage, efficiency and electricity price.
Use this calculator
Enter annual driving and electricity assumptions.
What your result means
This is an annual budgeting model, distinct from the cost-per-mile page: it converts annual miles into electricity use and annual cost.
Worked example
At 12,000 miles, 4 miles/kWh and 25p/kWh:
- Annual electricity
- 3,000 kWh
- Annual cost
- £750.00
The displayed cost per mile reconciles with the annual total.
Formula
Annual mileage sensitivity at 4 miles/kWh and 25p/kWh
| Annual miles | Annual cost |
|---|---|
| 8,000 | £500.00 |
| 12,000 | £750.00 |
| 16,000 | £1,000.00 |
| 20,000 | £1,250.00 |
Assumptions and limitations
- Ideal electricity use is assumed; charging losses are not added.
Helpful questions
Does this include public-charging fees?
No. Use an electricity price that represents the charging cost you want to model.
Related calculators
- EV Cost Per Mile Calculator
Estimate an EV electricity cost per mile.
- EV Charging Cost Calculator
Estimate the cost of an EV charging session.
- Home vs Public EV Charging Cost
Compare the same EV charge at home and public rates.