How Much Does it Cost to Charge an Electric Vehicle (EV)?

If you’ve driven your car at all over the last few months, you may have encountered some shockingly high numbers at the gas pump. I know I certainly have - take a peek at this bill I paid last month at a particularly pricey gas station in Brentwood!

How Much Does it Cost to Charge an Electric Vehicle (EV)?

While I don’t drive enough for these prices to be materially painful, it is still no fun to pay a bill of that size!

My thoughts immediately turned to electric vehicles (EV), which obviously don’t need to ever hit the gas pump. I realized, however, that I had no clue how much the electricity required to recharge an EV costs…

With that goal in mind, I set out to discover how much it costs to fully charge an EV across the United States. To do so, we assume that the average EV has a battery capacity of 75 kWh, a figure which was a good median between popular EVs like the Tesla Model 3, Polestar 2, Mustang Mach-e, and F-150 Lightning.

Findings

Using residential electricity cost data from the EIA, we show that it costs between $7 and $30 to fully charge an electric vehicle (75 kWh), varying substantially by state.

How Much Does it Cost to Charge an Electric Vehicle (EV)?

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