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Ubify Financial Advisory Board
FINANCIAL ANALYSTS & CPA REVIEWERS
About This Tool
The EV vs Gas Fuel Cost Calculator evaluates annual fueling expenses between battery electric vehicles and internal combustion engine automobiles using standard kWh per 100 miles consumption benchmarks.
### Consumption Mathematics & Payback Formulas Vehicle fueling expenses are modeled directly from annual mileage, fuel economy ratings, and prevailing energy prices: - **Gasoline Vehicle Fuel Expense**: $$\text{Annual Gas Cost} = \left( \frac{\text{Annual Miles}}{\text{Gas Vehicle MPG}} \right) \times \text{Gas Price ($/gal)}$$ - **Electric Vehicle Fuel Expense**: $$\text{Annual EV Cost} = \left( \frac{\text{Annual Miles}}{100} \right) \times \text{kWh per 100 Miles} \times \text{Electric Rate ($/kWh)}$$ - **Net Operating Fuel Advantage**: $$\text{Annual Savings} = \text{Annual Gas Cost} - \text{Annual EV Cost}$$ $$\text{5-Year Savings} = \text{Annual Savings} \times 5$$
### Worked Comparison Example Evaluating 13,500 annual commute miles comparing a 28 MPG gasoline sedan (paying $3.65/gallon) against an electric vehicle consuming 30 kWh per 100 miles (paying $0.16/kWh residential electricity): - **Gasoline Fuel Bill**: $(13{,}500 / 28) \times \$3.65 = 482.14 \times 3.65 = \$1{,}759.82\text{ per year}$ - **Electric Charging Bill**: $(13{,}500 / 100) \times 30 \times \$0.16 = 135 \times 30 \times 0.16 = \$648.00\text{ per year}$ - **Annual Energy Savings**: $\$1{,}759.82 - \$648.00 = \$1{,}111.82\text{ saved annually}$ - **Monthly Savings**: $\$1{,}111.82 / 12 = \$92.65\text{ per month}$ - **5-Year Accumulated Savings**: $\$1{,}111.82 \times 5 = \$5{,}559.10$
### Client-Side Execution & Privacy Calculations update dynamically in your web browser. No commute distances, vehicle models, or regional utility figures are recorded or sent to any server.
How to Use
- 1
Enter your anticipated annual driving distance in miles.
- 2
Enter your current local gasoline price in dollars per gallon.
- 3
Enter your gas vehicle average fuel economy in miles per gallon (MPG).
- 4
Enter your home electric utility rate in dollars per kilowatt-hour ($/kWh).
- 5
Specify your EV electrical consumption in kWh per 100 miles (typically 25 to 35 for modern sedans and crossovers).
- 6
Review your annual fuel expenditure, monthly savings, and 5-year financial difference.
Frequently Asked Questions
What does kWh per 100 miles mean on an electric car sticker?
The EPA rates EV efficiency in kilowatt-hours required to travel 100 miles. Lower numbers indicate greater efficiency (e.g. 25 kWh/100mi is more efficient than 35 kWh/100mi).
How does kWh per 100 miles convert to miles per kWh?
Divide 100 by the kWh/100mi figure (for example, 100 / 30 kWh per 100 miles equals 3.33 miles per kWh).
Are my annual driving habits or vehicle choices saved to an external database?
No. The calculation runs entirely inside your client-side browser runtime.