EV Savings Calculator
Compare the running costs of an electric vehicle vs a petrol car. Includes charging costs, rego savings and FBT exemption.
Disclaimer
This calculator provides estimates for general information purposes only. Results are based on standard formulas and may not reflect your individual circumstances. Always consult a qualified professional for advice specific to your situation.
Frequently Asked Questions
How much cheaper is an EV to run than a petrol car?
Is the FBT exemption for EVs still available?
What is EV Savings?
An EV savings calculator compares the total running costs of an electric vehicle versus a petrol car, including fuel/charging, servicing, registration, and tax benefits.
How this calculator works
The calculator compares cost-per-kilometre for both vehicle types. Petrol cost is calculated from fuel consumption (L/100km) and fuel price. EV cost uses energy efficiency (kWh/100km) and electricity rate. It then adds estimated service savings (~$700/year — EVs have fewer moving parts) and registration savings. The CO₂ calculation uses the standard 2.31 kg per litre of petrol consumed. The FBT exemption note highlights that eligible EVs are exempt from Fringe Benefits Tax in Australia — a significant saving for salary-packaged vehicles.
All calculations are performed in your browser — your data never leaves your device. Results are for general guidance only and should not be considered professional financial advice.
Built and maintained by Konstantin Iakovlev. Data sourced from the ATO and official Australian government sources.