State data

Virginia EV charging vs. gas costs

Virginia's average residential electricity rate is 17.38¢/kWh,below the national average by 8%. Gasoline averages $3.62/gallon, below the national average by 4%. That ranks Virginia #30 of 51 for cheapest electricity and #21 for cheapest gas.

Source: U.S. Energy Information Administration (EIA), Electric Power Monthly Table 5.6.A, average residential price (April 2026); AAA Daily Fuel Gauge Report, state average regular gasoline price (July 7, 2026). Data last updated: 2026-07-07.
Electricity rate
17.38¢/kWh
Gasoline price
$3.62/gal
Est. annual EV savings
$956

Cost per mile in Virginia

Charging an EV at 3.5 mi/kWh on Virginia's 17.38¢/kWh residential rate works out to about 5.0¢ per mile. A gas car at 28 MPG paying $3.62/gallon pays about 12.9¢ per mile — roughly 2.6× as much per mile driven.

Example: 12,000 miles a year in Virginia

A gas car at 28 MPG driving 12,000 miles a year in Virginia spends about $1,551 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $596 on electricity — a difference of $956 a year, or about $4,778 over five years.

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Frequently asked questions

Is it cheaper to drive an EV or a gas car in Virginia?

In Virginia, an EV charging at home costs about 5.0¢ per mile, versus about 12.9¢ per mile for a 28 MPG gas car at the state's $3.62/gallon average. The EV is cheaper to fuel per mile.

How much can an EV save per year in Virginia?

Driving 12,000 miles a year, an EV owner in Virginia spends about $596 on home charging versus $1,551 on gasoline — a saving of roughly $956 per year, or $4,778 over five years.

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