How Trump’s tariffs could make your iPhone cost $3,500
Subtitles
  • Off
  • English

The 10 states in America where switching to an EV will save you the most money

The 10 states in America where switching to an EV will save you the most money

In states where gas is expensive and electricity is cheap, switching to an EV is often worth the investment

We may earn a commission from links on this page.
Start Slideshow
Start Slideshow
Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Adam Gray / Stringer (Getty Images)

​As electric vehicles become more mainstream, drivers are discovering that the benefits of ditching a gas-powered car go beyond environmental considerations.

Advertisement

Many EVs have more expensive purchase prices, but in states where gas prices are high and electricity is cheap, making the swap can save you thousands.

Payless Power, a Texas-based electric company that provides prepaid and traditional pricing plans, compiled a list to see where switching from a regular car to an EV would save you the most money. It found that making the switch will save residents in all 50 states money over a 10-year period — but in some states the savings are particularly large, far exceeding the additional cost of buying an electric vehicle.

Continue reading to see the 10 states where switching to an EV would save you the most compared to a gas car over a decade — and how much you would save.

Advertisement
Previous Slide
Next Slide

2 / 12

#10: Florida — $12,369

#10: Florida — $12,369

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Joe Raedle / Staff (Getty Images)
Advertisement
Previous Slide
Next Slide

3 / 12

#9: Utah — $12,446

#9: Utah — $12,446

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: George Frey / Stringer (Getty Images)
Advertisement
Previous Slide
Next Slide

4 / 12

#8: Illinois — $12,780

#8: Illinois — $12,780

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Scott Olson / Staff (Getty Images)
Advertisement
Previous Slide
Next Slide

5 / 12

#7: New York — $13,165

#7: New York — $13,165

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Spencer Platt / Staff (Getty Images)
Advertisement
Previous Slide
Next Slide

6 / 12

#6: Arizona — $13,398

#6: Arizona — $13,398

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Laura Segall / Stringer (Getty Images)
Advertisement
Previous Slide
Next Slide

7 / 12

#5: California — $13,549

#5: California — $13,549

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: David McNew / Staff (Getty Images)
Advertisement
Previous Slide
Next Slide

8 / 12

#4: Alaska — $13,933

#4: Alaska — $13,933

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Spencer Platt / Staff (Getty Images)
Advertisement
Previous Slide
Next Slide

9 / 12

#3: Oregon — $14,480

#3: Oregon — $14,480

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Natalie Behring / Stringer (Getty Images)
Advertisement
Previous Slide
Next Slide

10 / 12

#2: Nevada — $15,275

#2: Nevada — $15,275

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Mario Tama / Staff (Getty Images)
Advertisement
Previous Slide
Next Slide

11 / 12

#1: Washington — $18,055

#1: Washington — $18,055

Image for article titled The 10 states in America where switching to an EV will save you the most money
Photo: Karen Ducey / Stringer (Getty Images)
Advertisement