Nevada EV charging vs. gas costs
Nevada's average residential electricity rate is 14.29¢/kWh,below the national average by 24%. Gasoline averages $4.54/gallon, above the national average by 20%. That ranks Nevada #10 of 51 for cheapest electricity and #46 for cheapest gas.
Cost per mile in Nevada
Charging an EV at 3.5 mi/kWh on Nevada's 14.29¢/kWh residential rate works out to about 4.1¢ per mile. A gas car at 28 MPG paying $4.54/gallon pays about 16.2¢ per mile — roughly 4.0× as much per mile driven.
Example: 12,000 miles a year in Nevada
A gas car at 28 MPG driving 12,000 miles a year in Nevada spends about $1,946 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $490 on electricity — a difference of $1,456 a year, or about $7,279 over five years.
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Frequently asked questions
Is it cheaper to drive an EV or a gas car in Nevada?
In Nevada, an EV charging at home costs about 4.1¢ per mile, versus about 16.2¢ per mile for a 28 MPG gas car at the state's $4.54/gallon average. The EV is cheaper to fuel per mile.
How much can an EV save per year in Nevada?
Driving 12,000 miles a year, an EV owner in Nevada spends about $490 on home charging versus $1,946 on gasoline — a saving of roughly $1,456 per year, or $7,279 over five years.