See how much you could
save with an EV.

This compares fuel costs only: petrol spend against electricity spend. Registration, insurance, scheduled servicing, and tyre costs aren't included. In practice, EVs typically cost 30 to 40% less to service than petrol vehicles (no oil changes, fewer brake replacements thanks to regenerative braking). Insurance can run higher today (specialist parts), though premiums are gradually narrowing as the segment matures. A full total-cost-of-ownership view would still show meaningful EV savings.

Australia's typical retail rate sits roughly between 28 and 35c/kWh, depending on state and tariff. Home overnight on a controlled-load tariff drops as low as 15 to 20c/kWh. Heavy use of public fast charging (NRMA, Chargefox, Tesla Supercharger) can hit 55 to 65c/kWh. Use a blended rate that reflects your expected mix. Off-peak home charging is where most of the savings come from.

Most mainstream EVs sit between 14 and 22 kWh/100km. Compact EVs (BYD Atto 3, MG4) draw around 14 to 17 kWh/100km. Mid-size EVs (Tesla Model 3, Hyundai Ioniq 6) sit at 14 to 18. Larger or performance-oriented EVs (Tesla Model X, BMW iX) climb to 20 to 28. The manufacturer's test figure (often the WLTP rating) is a reasonable starting point, though real-world consumption is typically 5 to 15% higher in Australian conditions.

Fuel savings scale linearly with kilometres driven. A driver covering 20,000 km a year saves roughly twice as much as one driving 10,000 km, which makes EVs proportionally more advantageous for high-mileage drivers. If you drive 25,000+ km annually (sales rep, tradesperson, long commuter), savings across a 5-year loan term can easily exceed the EV's price premium over an equivalent petrol vehicle.