Tesla Gas Savings Calculator: See How Much You Can Save EV Guides, January 5, 2025 Wondering if switching to a Tesla will actually save you money? Our Tesla Gas Savings Calculator helps you discover your potential savings by comparing your current gas vehicle expenses with Tesla’s electric costs. Simply enter your gas car’s MPG, local fuel prices, and driving habits to see how much you could save annually, along with the environmental impact. Whether you’re considering a Model 3, Y, S, or X, this calculator provides a clear picture of your potential savings and helps you make an informed decision about going electric. Tesla Gas Savings Calculator Your Current Gas Vehicle Current Car MPG: Local Gas Price ($/gallon): Tesla Usage Tesla Model: Model 3 Model Y Model S Model X Electricity Rate ($/kWh): Annual Miles Driven: Calculate Savings This Tesla Gas Savings Calculator helps potential and current Tesla owners understand the financial and environmental benefits of switching from a gas vehicle to a Tesla. By considering factors like current gas prices, electricity rates, and driving habits, the calculator provides detailed cost comparisons and projected savings. Why Calculate Your Tesla Savings? Financial Benefits Understand true cost differences between gas and electric vehicles Project long-term savings potential Make informed decisions about vehicle purchases Plan for charging costs and infrastructure Environmental Impact Quantify your carbon footprint reduction Understand environmental benefits Track CO2 emissions savings Evaluate environmental ROI Understanding the Inputs Current Gas Vehicle Information Miles Per Gallon (MPG) Enter your current vehicle’s combined MPG Find this on fueleconomy.gov or your vehicle manual Typical range: 15-45 MPG for most vehicles Use real-world MPG rather than advertised figures Local Gas Price Enter current local gas price per gallon Consider using average price over recent months Account for seasonal price variations Use regular gas price unless premium required Tesla Information Tesla Model Selection Model 3: Most efficient, lowest consumption Model Y: Crossover with moderate consumption Model S: Higher consumption, longer range Model X: Highest consumption due to size Electricity Rate Find your local kWh rate on your utility bill Consider time-of-use rates if applicable Include all fees and charges Account for seasonal rate variations Annual Mileage Enter estimated yearly miles driven Consider commute distance Include recreational travel Account for potential usage changes Understanding the Results Cost Savings Analysis Annual Savings Total yearly cost difference Accounts for both fuel types Considers efficiency differences Projects long-term savings Monthly Savings Broken down for budgeting purposes Helps with monthly cost planning Useful for lease vs. buy decisions Shows immediate impact Cost Comparison Details Tesla Operating Costs Electricity consumption in kWh Total charging costs Cost per mile Energy efficiency metrics Gas Vehicle Costs Fuel consumption in gallons Total fuel costs Cost per mile Efficiency comparison Environmental Impact CO2 Emissions Reduction Annual carbon dioxide savings Equivalent trees planted Environmental benefit metrics Long-term impact projection Understanding Tesla Efficiency Model-Specific Factors Model 3 Most efficient Tesla model Ideal for commuting Lower energy consumption Best for maximum savings Model Y Crossover efficiency Higher consumption than Model 3 Still highly efficient Good balance of utility and efficiency Model S Premium sedan efficiency Higher performance impact Long-range capability Moderate energy consumption Model X Largest Tesla vehicle Higher energy needs SUV utility factor Consider size requirements Frequently Asked Questions Q: How accurate are the savings estimates? A: The calculator provides estimates based on current rates and usage patterns. Actual savings may vary based on driving habits, local conditions, and rate changes. Q: Should I include home charging installation costs? A: Yes, consider this as a one-time investment when evaluating total cost of ownership. Q: How do seasonal changes affect savings? A: Both electricity and gas prices can vary seasonally, and extreme temperatures can affect efficiency. Q: What about insurance costs? A: Insurance costs vary by model and location and should be considered separately in your total cost analysis. Enjoyed this Tesla Gas Savings Calculator? Then be sure to check out our other EV guides. Best 80 Amp EV Charger Best 32 Amp EV Charger Best 40 Amp EV Charger Best Level 2 EV Charger Best Dual EV Charger Best Charger for Hummer EV Best 50 Amp EV Charger Best NEMA 10-30 EV Charger EV Tools EV