EV vs Petrol Cost Calculator UK

Find out if switching to electric will save you money — personalised to your driving

🗓 Last updated: May 2026 — includes April 2025 EV road tax changes

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You could save with an EV
Estimate only. Does not include purchase price difference, depreciation, insurance differences or home charger installation costs (~£800–£1,200). Servicing averages: petrol £350/yr, EV £130/yr. Road tax £195/yr for both from April 2025.

Are electric cars actually cheaper to run in the UK? (2026)

For most UK drivers, electric cars are cheaper to run than petrol equivalents — but the saving depends heavily on how and where you charge. Drivers who charge primarily at home on a standard tariff (around 27p/kWh) can expect to pay roughly 7–10p per mile, compared to 20–25p per mile for a typical petrol car.

However, if you rely heavily on public rapid chargers (which can cost up to 75–85p/kWh), the cost advantage narrows significantly or disappears entirely. Urban drivers without home charging facilities should calculate their personal blended rate carefully.

Home charging vs public charging costs explained

Home charging remains the most economical way to run an EV. Most drivers charge overnight using a dedicated 7kW home charger (wallbox), which adds approximately 30 miles of range per hour. Smart electricity tariffs like Octopus Go offer off-peak rates from as low as 7–10p/kWh during overnight hours, making home-charged EVs exceptionally cheap to run.

Public charging is more expensive. Destination chargers (at car parks, supermarkets) typically cost 35–55p/kWh, while motorway rapid chargers (50–350kW) from providers like BP Pulse or Gridserve range from 60–85p/kWh. Always factor in your real charging mix when comparing costs.

Electric car road tax in the UK — what changed in April 2025?

EVs registered on or after 1 April 2025 now pay Vehicle Excise Duty (VED) — road tax — for the first time. The standard rate of £195 per year applies from the second year of registration. New EVs also pay a first year rate (currently £10) and are subject to the expensive car supplement (£410/yr additional charge for 5 years) if their list price exceeds £40,000.

This change removed the VED exemption that EVs had previously enjoyed, though they remain exempt from London's Congestion Charge until at least 2026.

Which UK electric cars have the best range in 2026?

Long-range EVs popular in the UK market in 2026 include the Tesla Model 3 Long Range (up to 374 miles WLTP), Mercedes EQS (up to 453 miles), and BMW iX xDrive50 (up to 380 miles). More affordable options like the MG4 Trophy (up to 281 miles) and Volkswagen ID.3 Pro S (up to 345 miles) offer good real-world range for typical UK use.