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EV vs gas cost in Louisiana: $913 a year saved at 12,000 miles

With Louisiana electricity at 13.35¢/kWh and regular gasoline at $3.78/gal, a typical EV (0.3 kWh/mile, charged 80% at home) costs about 5.9¢ per mile to run versus 13.5¢ per mile for a 28 mpg gas car. That beats gas by $913 a year at 12,000 miles. Louisiana ranks #26 of 51 (50 states + DC) for annual savings and #5 for lowest residential electricity price.

Home charging4.0¢/misaves $1,141/yr vs gas
Fast-charging only13.5¢/misaves $2/yr at $0.45/kWh
Gas car13.5¢/miat 28 mpg, $3.78/gal
Break-even gas price$1.65below this, a 28 mpg gas car is cheaper

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What the Louisiana numbers say

What this leaves out: purchase price, tax credits, insurance, maintenance, depreciation, home charger installation, time-of-use rates and cold-weather range loss. Your utility's own rate may differ from the state average. See the methodology.

Cost to run common things in Louisiana

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