New Jersey · 18.4¢/kWh
Cost to Charge Tesla Model S Dual Motor in New Jersey
$66/month to charge at home — vs $108/month for a BMW 3 Series on gas. You save roughly $503/year by going electric.
$66
Monthly EV cost
$108
Monthly BMW 3 Series
$503
Annual savings
$2,513
5-year savings
Charging breakdown
Based on New Jersey avg 18.4¢/kWh · 100 kWh battery · 3.6 mi/kWh (EPA-rated)
| Full charge cost | $18.40 |
| Cost per mile | $0.051/mi |
| Monthly cost (1,000 mi) | $66 |
| Annual cost (home 80% / public 20%) | $797 |
vs BMW 3 Series on gas
Gas at $3.25/gal · 30 MPG (EPA-rated) · 1,000 mi/month
| Vehicle | Monthly | Annual |
|---|---|---|
| Model S Dual Motor (electric) | $66 | $797 |
| BMW 3 Series (gas) | $108 | $1,300 |
| You save | $42 | $503 |
Your savings may vary
- —Electricity rates vary by utility and ZIP in New Jersey. Time-of-use plans are available in New Jersey — off-peak rates can cut charging costs significantly.
- —Public charging (EA, ChargePoint, EVgo) costs 2–4× more — roughly $166–$266/month at the same mileage. Charging primarily at home keeps costs low.
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