South Carolina

Is an EV Worth It in South Carolina?

With electricity at $0.13/kWh and gas at $3.05/gallon in South Carolina, see how much you could save by switching to an electric vehicle.

EV vs Gas Costs in South Carolina

South Carolina residents pay an average of $0.13/kWh for electricity and $3.05/gallon for gas. At average driving of 12,000 miles per year, an EV driver in South Carolina could save approximately $1,027 per year on fuel costs alone compared to a typical gas SUV.

Electricity rate

$0.13/kWh

South Carolina average

Gas price

$3.05/gal

South Carolina average

Est. annual fuel savings

$1,027

EV vs gas (fuel only)

These are fuel-only estimates. Use the calculator below to see total ownership cost including purchase price, maintenance, insurance, and depreciation.

Your Numbers

Adjust the inputs to match your situation. Results update instantly.

Average American drives ~13,500 miles/year

Charge at home overnight — cheapest option

Enter what you actually pay to charge. On a time-of-use or EV plan (cheap overnight rates) or with solar, your rate may be well below the state average, e.g. 8¢ overnight vs 12¢ standard.

Best value in your state

Tesla Model Y vs Subaru Forester vs Toyota RAV4 Hybrid

❌ Gas/Hybrid is better for this scenariohigh confidence

Subaru Forester Is Cheaper

Gas saves you

$8,478

over 5 years

EV saves per month

$79

fuel + maintenance + insurance

Operating cost payback

14 years

beyond ownership

Best case (Home charging): EV costs $8,478
Worst case (Public charging only): EV costs $12,415

The Subaru Forester costs $8,478 less over 5 years than the Tesla Model Y.

Operating cost payback falls outside your ownership period. You may not recover the extra upfront cost through fuel and maintenance savings alone.

Gas saves you

$8,478

over 5 years (all-in)

EV saves per month

$79

fuel + maintenance + insurance

Operating cost payback

14 years

beyond ownership period

Vehicles compared

Model Y · Forester · RAV4 Hybrid

EV · Gas · Hybrid

Tesla Model Y

Standard RWD

Electric

Purchase Price$41,630
Monthly Fuel$32
Annual Fuel$379
Total Fuel$1,895
Total Maintenance$3,000
Total Insurance$11,550
Resale Value$17,485
Total Cost of Ownership$40,591

Subaru Forester

Premium (gas, AWD)

Gas

Purchase Price$33,520
Monthly Fuel$105
Annual Fuel$1,262
Total Fuel$6,310
Total Maintenance$5,250
Total Insurance$9,625
Resale Value$22,592
Total Cost of Ownership$32,113

Toyota RAV4 Hybrid

XLE Premium AWD

Hybrid

Best
Purchase Price$38,950
Monthly Fuel$74
Annual Fuel$893
Total Fuel$4,463
Total Maintenance$5,000
Total Insurance$10,175
Resale Value$29,135
Total Cost of Ownership$29,454
Year 1RAV4 Hybrid leads
Model Y
$9,920
Forester
$6,780
RAV4 Hybrid
$6,125
Year 2RAV4 Hybrid leads
Model Y
$18,784
Forester
$13,368
RAV4 Hybrid
$12,126
Year 3RAV4 Hybrid leads
Model Y
$26,760
Forester
$19,777
RAV4 Hybrid
$18,010
Year 4RAV4 Hybrid leads
Model Y
$33,989
Forester
$26,021
RAV4 Hybrid
$23,784
Year 5RAV4 Hybrid leads
Model Y
$40,591
Forester
$32,113
RAV4 Hybrid
$29,454
Tesla Model Y (EV)Subaru Forester (GAS)Toyota RAV4 Hybrid (HYBRID)

Why This Result

The gas vehicle's lower purchase price and depreciation outweigh the EV's fuel savings at your current mileage. Consider the Toyota RAV4 Hybrid as a middle ground — it costs $2,659 less than pure gas. Driving more or higher gas prices could change this.

Fuel vs Charging

Charging the Model Y costs about $379/year vs $1262/year for gas in the Forester. That's $883/year in fuel savings alone.

Your electricity rate matters

Home charging is the EV's biggest lever. Every 1¢/kWh lower saves about $29/year ($146 over 5 years) for the Model Y. For example, an overnight EV or time-of-use plan at $0.08/kWh instead of your $0.13/kWh would save about $146/year. Charging from rooftop solar can lower it further. Enter your actual overnight or solar rate above to see your own numbers.

Maintenance

EVs have fewer moving parts — no oil changes, less brake wear, no transmission fluid. The Model Y saves roughly $2250 in maintenance over the ownership period.

Depreciation & Resale

The Forester holds 67% of its value vs 42% for the Model Y. Purchase price and resale value are often the largest factors in total cost of ownership.

Insurance

EV insurance tends to run higher due to specialized repair costs. We've included $2,100/year for the Model Y vs $1,750/year for the Forester in the total comparison.

Key Factors for South Carolina EV Buyers

Electricity costs: South Carolina's average residential electricity rate of $0.13/kWh is near the national average. This keeps EV charging competitive with gas fueling.

Gas prices: At $3.05/gallon, gas prices are near the national average.

Total cost of ownership: Fuel is only part of the picture. Our calculator compares total ownership cost including purchase price, maintenance, insurance, and depreciation — giving you the full financial picture for South Carolina.

Compare Specific Vehicles

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