Cost Per Mile Formula:
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The Electric Vehicle Cost Per Mile calculation helps UK drivers understand the running costs of their EV by determining how much each mile traveled costs in electricity consumption.
The calculator uses the following formula:
Where:
Explanation: The formula accounts for the energy consumed, electricity costs, and charging losses to give a true cost per mile.
Details: Understanding your EV's running costs helps with budgeting, comparing with petrol/diesel vehicles, and optimizing charging habits for cost savings.
Tips: For accurate results, use real-world power consumption data from your vehicle's trip computer. Typical UK electricity costs range from £0.20-£0.35 per kWh.
Q1: What's a typical efficiency value?
A: Most EVs have charging efficiency between 0.85-0.95 (85%-95%) due to charging losses.
Q2: How does this compare to petrol costs?
A: EV costs are typically 3-5p per mile, compared to 10-15p for petrol vehicles.
Q3: Does this include all running costs?
A: No, this only calculates electricity costs. It doesn't include maintenance, insurance, or depreciation.
Q4: What affects my EV's power consumption?
A: Speed, weather, terrain, and use of heating/cooling all significantly impact consumption.
Q5: How accurate is this calculation?
A: It provides a good estimate but real-world costs may vary based on driving conditions and charging habits.