1. What is the Electric Car Savings Calculator?

The Electric Car Savings Calculator estimates annual fuel cost savings when switching from a petrol vehicle to an electric vehicle in the UK. It helps consumers understand the financial benefits of electric vehicle ownership.

2. How Does the Calculator Work?

The calculator uses the savings formula:

Where:

• \( Petrol Cost \) — Fuel cost per mile for petrol vehicle (pence/mile)
• \( EV Cost \) — Electricity cost per mile for electric vehicle (pence/mile)
• \( Miles \) — Annual mileage driven

Explanation: The calculation compares the per-mile operating costs of petrol and electric vehicles, then multiplies by annual mileage to determine total annual savings.

3. Importance of EV Savings Calculation

Details: Understanding potential savings helps consumers make informed decisions about electric vehicle adoption, considering the higher upfront cost of EVs against long-term operational savings.

4. Using the Calculator

Tips: Enter petrol cost and EV cost in pence per mile, and annual miles driven. All values must be valid positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the average petrol cost per mile in the UK?
A: Typically ranges from 15-25 pence per mile depending on vehicle efficiency and fuel prices.

Q2: What is the average EV cost per mile in the UK?
A: Typically ranges from 3-8 pence per mile depending on electricity tariffs and charging methods.

Q3: Does this include maintenance savings?
A: No, this calculator only considers fuel/electricity costs. EVs typically have lower maintenance costs as well.

Q4: What about home charging vs public charging?
A: Home charging is generally cheaper. Use appropriate cost figures based on your charging habits.

Q5: Are there government incentives for EVs in the UK?
A: Yes, including grants, reduced road tax, and exemption from congestion charges in some areas.