EV SAVINGS CALCULATOR

Can an EV save you money?

Driving an EV could save you money. It depends on what state and location you are in. Our electric vehicle calculator takes the guesswork out. Simply enter your address and monthly driving distance below, and we’ll tell you if it may work for you by factoring in electricity rates and electric vehicle efficiency. See how much money you could put back in your pocket!

Potential Monthly Net Savings

Note: Comparison between 2023 Chevrolet Bolt EV as the electric vehicle and the 2024 Chevrolet Trax as the gasoline vehicle. All costs are in USD.

Note: Comparison between 2023 Chevrolet Bolt EV as the electric vehicle and the 2024 Chevorolet Trax as the gasoline vehicle. All costs are in USD.

Interested in purchasing an EV?

Don’t forget! There are incentives from the IRA (Inflation Reduction Act) available now that could save you up to $7,500 on new and $4,000 on used EVs.
Check for further savings and incentives with your local and state government.