EV Savings Calculator

Compare electric vs gas vehicle costs including fuel and maintenance.

2026 Tax YearData stays on your deviceUpdated Apr 1, 2026

Total Savings Over 5 Years

$15,095.00

Gas Car

Annual Fuel

$2,635.00

Cost per 100km

$13.18

Electric

Annual Energy

$416.00

Cost per 100km

$2.08

Annual Fuel Savings

$2,219.00

Annual Maintenance Savings

$800.00

~$800/yr less on average

Frequently Asked Questions

How much does it cost to charge an EV in Canada?
Home charging costs $0.10-$0.20/kWh depending on province. An average EV uses 16 kWh/100km. At $0.13/kWh, that is about $2.08 per 100km vs $13+ for gas.
Are there EV incentives in Canada?
The federal iZEV program offers up to $5,000 for eligible EVs. Some provinces (BC, QC) offer additional rebates of $3,000-$7,000. Check Transport Canada for current eligibility.

Official Data Sources

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Konstantin IakovlevBuilt and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · Methodology

Disclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.

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