motortools.

UK cost tool

EV vs petrol running-cost calculator

Compare annual energy/fuel, tax, insurance and servicing for a like-for-like mileage. Home electricity rates change the EV story more than brochure mi/kWh.

Petrol total / yr

£2,430.59

Fuel £1,255.59

EV total / yr

£1,670

Energy £640

EV saves

£760.59

What this comparison includes

Petrol cost uses UK MPG and £/litre. EV cost uses miles per kWh and your electricity unit rate (home overnight rates often beat peak).

Add indicative tax, insurance and servicing. Depreciation and finance are left out here — pair with the finance and running-costs tools for a fuller picture.

Public rapid charging is usually far more expensive per mile than home charging — raise the £/kWh if that is how you recharge.

Tips

Home vs rapid

At ~28p/kWh home vs £0.70+/kWh rapid, the EV “saving” can vanish for high public-charge users.

Insurance

Some EVs insure higher than the petrol they replace. Edit both fields honestly.

Company cars

BIK can dominate the EV decision for employees — use the company-car tax tool alongside this.

Frequently asked questions

Does this include depreciation?
No. Residual values vary wildly. This page is about cash running costs.
What mi/kWh should I use?
Real winter motorway figures are often lower than brochure. 3.0–4.0 mi/kWh is a common UK planning band for many family EVs.

Related tools and guides

MotorTools calculators give planning estimates only. Confirm figures against GOV.UK, your V5C, handbook or a qualified garage before buying, renewing tax or carrying out work.