How we work out the EV cost
We start with how much electricity you use over a year, then apply a blended price that reflects the mix of cheap home charging and pricier public charging:
- Electricity used (kWh) = annual miles / efficiency (miles per kWh)
- Blended price = home% x home price + public% x public price
- EV cost per year = electricity used x blended price
Home charging is far cheaper than public rapid charging, so the more you charge at home, the lower your running cost. That is why the home-charging slider makes such a big difference to the result.
How we work out the petrol cost
For a fair comparison we use the same annual mileage and convert it to litres of fuel, then to pounds:
- Litres per year = (annual miles / mpg) x 4.54609 (there are 4.54609 litres in a UK gallon)
- Petrol cost per year = litres x petrol price
We then show the cost per mile for each, which is the cleanest way to compare: it strips out your mileage and shows the raw running cost of each car.
The 2026 UK prices we used
The defaults are set to current 2026 UK figures, but every input is editable so you can plug in your own tariff:
- Home electricity: 25p per kWh, in line with the Ofgem price cap for spring 2026. A dedicated overnight EV tariff can be far cheaper, often 7p to 10p per kWh.
- Public rapid charging: 79p per kWh, the rough UK average for rapid and ultra-rapid chargers in 2026.
- Petrol: 158p per litre, the UK average in June 2026.
If you are on a cheap overnight EV tariff, drop the home price to your off-peak rate and watch the saving grow.
Assumptions and accuracy
Defaults reflect 2026 UK prices: home electricity 25p per kWh (Ofgem cap, spring 2026), public rapid 79p per kWh (UK average), petrol 158p per litre (UK average, June 2026). Fuel and electricity only, before servicing or tax savings.
These figures are estimates, not a guarantee. Last updated 2026-06-11.