With high gas prices facing consumers at the pump, the national nonprofit group Coltura released new state-level data for Georgia showing drivers potentially saving thousands of dollars by making the switch to an electric vehicle.
The organization’s Weekly EV Cost Savings Index shows that the average Georgia driver that puts 15,000 miles per year on their automobile would save more than $1,800 annually on fuel and maintenance combined, and a high-mileage driver at 25,000 miles would save $3,000 every year. All told, the Savings Index shows that Georgia drivers could save more than 12 cents per mile on fuel and maintenance savings by switching to an electric vehicle under current gas prices.
The Index shows savings per mile, per trip, and per month. Coltura updates the tool weekly, so the figures always reflect current local gas and electricity prices. The savings from switching to an EV depends on the number of miles driven and whether the owner is driving a car or an SUV/truck.
Why Right Now Matters
The Iran war has sent gasoline prices up more than 30 percent since late February, with experts warning prices will remain elevated for quite a while. The EV Cost Savings Index quantifies that advantage by state and driving habits.
What the Tool Does
The EV Cost Savings Index allows users to:
Select their state to reflect local gas and electricity rates.Choose their vehicle type — car or SUV/truck — for a side-by-side comparison.Set their annual mileage using a simple slider.Toggle between fuel savings only, or fuel and maintenance combined.See savings broken down per mile, per trip, and per month.
Janelle London, Co-Executive Director, Coltura, said, “With gas prices rising, drivers are right to ask whether an EV could protect them from the volatility. The answer is yes — and the savings depend on how much you drive, what vehicle you drive, and where you live. We built this tool so any driver can enter their own information and see exactly what they’d save, based on what they’re actually paying right now.” —
Stan Cross, Electric Transportation Director, Southern Alliance for Clean Energy, said, “Affordability is top of mind for Georgians, and there is no better way to keep money in your pocket than to switch to an EV. With the used EV market booming and used EV prices and values outcompeting gas cars, there has never been a better time to buy an EV and start saving thousands of dollars per year on fuel and maintenance costs. And with Georgia leading the nation in EV and battery manufacturing and jobs, driving EVs in GA supports the state’s economy and your wallet.”
The EV Cost Savings Index is free and available at data.coltura.org/ev-savings-index.
Media contacts: Rob Sargent, Coltura; 617-312-7546, rob@Coltura.org; Amy Rawe, SACE, 865-235-1448, amyr@cleanenergy.org
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About Coltura
Coltura is a national nonprofit using data-driven approaches to reduce U.S. gasoline use faster, more efficiently, and more fairly. More information is available at coltura.org.
About the Southern Alliance for Clean Energy
Since 1985, the Southern Alliance for Clean Energy has worked to promote responsible and equitable energy choices to ensure clean, safe and healthy communities throughout the Southeast. Learn more at cleanenergy.org.