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Cost Per Mile Formula:
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The Electric Car Cost Per Mile calculator helps electric vehicle owners determine the operating cost of their vehicle per mile driven. This calculation is essential for budgeting, comparing with gasoline vehicles, and understanding the true cost of electric vehicle ownership.
The calculator uses the simple formula:
Where:
Explanation: This formula multiplies the vehicle's energy efficiency by the electricity rate to determine the cost per mile of operation.
Details: Understanding cost per mile helps electric vehicle owners make informed decisions about charging strategies, compare operating costs with internal combustion engine vehicles, and accurately budget for transportation expenses.
Tips: Enter your vehicle's kWh/mile consumption (typically 0.25-0.40 kWh/mile for most EVs) and your local electricity rate in dollars per kWh. Both values must be positive numbers.
Q1: What is a typical kWh/mile for electric vehicles?
A: Most modern electric vehicles consume between 0.25-0.40 kWh per mile, depending on vehicle size, driving conditions, and weather.
Q2: How do I find my electricity rate?
A: Check your electricity bill for the rate per kWh. Rates vary by location and time of use, typically ranging from $0.10 to $0.30 per kWh.
Q3: How does this compare to gasoline vehicles?
A: Electric vehicles typically cost 2-4 cents per mile to operate, while gasoline vehicles often cost 10-20 cents per mile, making EVs significantly cheaper to run.
Q4: Does this include maintenance costs?
A: No, this calculation only includes electricity costs. Electric vehicles generally have lower maintenance costs than gasoline vehicles.
Q5: Can I use this for different driving conditions?
A: kWh/mile varies with driving style, temperature, and terrain. For accurate results, use average consumption data from your vehicle's display or app.