billycalc

EV ROI

Calculate EV ROI instantly with the exact formula and a worked example.

EV ROI

Extra cost of EV vs. petrol car$
Annual mileagekm
Petrol car consumptionL/100 km
Fuel price per liter$
EV consumptionkWh/100 km
Electricity rate per kWh$
Annual maintenance savings$
Payback period
13years
Prices are approximate — enter your ownCalculate EV ROI instantly with the exact formula and a worked example.
Savings per year
76700$
Petrol cost per year
72000$
Electricity per year
15300$
Net result over 10 years
-233000$

More about: EV ROI

What it calculates

The “EV ROI” calculator computes Payback period in years from 7 parameters: extra cost of ev vs. petrol car ($), annual mileage (km), petrol car consumption (L/100 km), fuel price per liter ($), ev consumption (kWh/100 km), electricity price per kwh ($), annual maintenance savings ($).

Helps estimate the cost of car ownership, pick parameters, and compare options.

Example calculation

With parameters Extra cost of EV vs. petrol car = 1,000,000 $, Annual mileage = 15,000 km, Petrol car consumption = 8 L/100 km, Fuel price per liter = 60 $, EV consumption = 17 kWh/100 km, Electricity price per kWh = 6 $, Annual maintenance savings = 20,000 $ the result is 13 years (Prices are approximate — enter your own).

How to use

  1. Enter extra cost of ev vs. petrol car, annual mileage, petrol car consumption, fuel price per liter, ev consumption, electricity price per kwh and annual maintenance savings — each field above is adjustable with a slider.
  2. Payback period (years) is calculated automatically as you type.
  3. Check the worked example below to see the formula applied to real numbers.
  4. Copy the result or bookmark this calculator.

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FAQ

How is EV ROI calculated?
The EV ROI calculator computes Payback period (in years) from extra cost of ev vs. petrol car, annual mileage, petrol car consumption, fuel price per liter, ev consumption, electricity price per kwh, annual maintenance savings. Enter your values above and the exact formula is applied instantly; a worked example with real numbers is shown below.
Is the EV ROI calculator free?
Yes. It is completely free, needs no signup, runs entirely in your browser, and sends no data to any server.

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