EV vs. Gas Cost in Vermont (2026)
In Vermont, gas averages about $4.41/gallon and home electricity about $0.23/kWh. Driving 13,000 miles a year, that's roughly $2,293 in gas versus about $879 to charge an EV at home — about $1,414/year before purchase price, maintenance, and resale.
The federal EV tax credit is now $0 (it ended for vehicles acquired after September 30, 2025), so these numbers don't assume a $7,500 discount that no longer exists.
Calculate my Vermont EV savings →Frequently asked
- Is an EV worth it in Vermont?
- Fuel-only savings are roughly $1,414/yr at home vs gas at $4.41/gal; total depends on price, miles, years — run your numbers above.
- How much does it cost to charge an EV in Vermont?
- About $879/year for 13,000 mi at $0.23/kWh and ~3.4 mi/kWh; time-of-use/overnight rates can be much lower.
- Are there EV tax credits in Vermont in 2026?
- Federal $7,500/$4,000 credits ended Sept 30, 2025; some state/utility rebates may still apply — check your utility and state energy office.
State & local incentives
EV rebates, credits, and fees change often — many states and local utilities offer their own, and some states charge an EV-specific annual registration fee. Before you buy, check the current rules for Vermont in the U.S. Department of Energy's official database.