⚡ EV Charge Savings
New Jersey · 18.4¢/kWh

Cost to Charge Tesla Model Y Long Range AWD in New Jersey

$66/month to charge at home — vs $108/month for a Toyota RAV4 on gas. You save roughly $503/year by going electric.

$66
Monthly EV cost
$108
Monthly Toyota RAV4
$503
Annual savings
$2,513
5-year savings

Charging breakdown

Based on New Jersey avg 18.4¢/kWh · 75 kWh battery · 3.6 mi/kWh (EPA-rated)

Full charge cost$13.80
Cost per mile$0.051/mi
Monthly cost (1,000 mi)$66
Annual cost (home 80% / public 20%)$797

vs Toyota RAV4 on gas

Gas at $3.25/gal · 30 MPG (EPA-rated) · 1,000 mi/month

VehicleMonthlyAnnual
Model Y Long Range AWD (electric)$66$797
Toyota RAV4 (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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