EV vs Hybrid Purchase and Energy Cost Calculator: estimate ev electricity cost over horizon based on ev purchase price, hybrid purchase price. Compare scenar...
Formula
const evPurchasePrice = Math.max(0, Number(inputs.ev_price || 0)); const hybridPurchasePrice = Math.max(0, Number(inputs.hybrid_price || 0)); const annualDistance = Math.max(0, Number(inputs.annual_km || 0)); const evEfficiency = Math.max(0, Number(inputs.ev_kwh_100km || 0)); const electricityPrice = Math.max(0, Number(inputs.power_price || 0)); const hybridEfficiency = Math.max(0, Number(inputs.hybrid_l_100km || 0)); const fuelPrice = Math.max(0, Number(inputs.fuel_price || 0)); const ownershipYears = Math.max(0, Number(inputs.years || 0)); const evEnergyCost = Math.round((annualDistance / 100 * evEfficiency * electricityPrice * ownershipYears) * 100) / 100; const hybridFuelCost = Math.round((annualDistance / 100 * hybridEfficiency * fuelPrice * ownershipYears) * 100) / 100; const evPurchaseAndEnergyCost = Math.round((evPurchasePrice + evEnergyCost) * 100) / 100; const hybridPurchaseAndFuelCost = Math.round((hybridPurchasePrice + hybridFuelCost) * 100) / 100; const evMinusHybridScenarioCost = Math.round((evPurchaseAndEnergyCost - hybridPurchaseAndFuelCost) * 100) / 100; return { evEnergyCost, hybridFuelCost, evPurchaseAndEnergyCost, hybridPurchaseAndFuelCost, evMinusHybridScenarioCost };EV Purchase Price
52,000
Hybrid Purchase Price
38,000
Annual Kilometres
18,000
EV kWh per 100 km
17
Electricity Price per kWh
0.28
Hybrid Litres per 100 km
5.2
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With the default inputs, the EV uses $4,284 of electricity over 5 years and the hybrid uses $12,636 of fuel. Adding entered purchase prices gives $56,284 for the EV and $50,636 for the hybrid, so the EV is $5,648 higher in this purchase-and-energy scenario.
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The estimate combines EV Purchase Price, Hybrid Purchase Price, Annual Kilometres and returns EV Electricity Cost Over Horizon, Hybrid Fuel Cost Over Horizon, EV Purchase Plus Electricity Cost.
If the result changes your decision, verify the current quote, rate, eligibility rule, or provider term before acting.
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