Cleveland-area electric vehicle buyers who charge at home could potentially save more than $10,000 over 10 years compared to driving a gas-powered car. That figure comes from combining fuel savings with lower maintenance costs over time.
Ohio’s residential electricity rate runs reported around 14 cents per kilowatt-hour, which is below the national average of 19 cents. That makes home charging in Cleveland cheaper than in many other parts of the country. Gas prices in Ohio were recently around $2.90 per gallon, also slightly below the national average of $3.10, though current prices are worth checking against AAA for the latest figures.
Ohio’s electricity rates run below the national average, making home EV charging in Cleveland especially affordable.
At those rates, EV owners charging at home pay roughly 6 cents per mile. Gas car drivers typically pay between 11 and 15 cents per mile. That’s a difference of 5 to 7 cents per mile depending on the vehicle.
For someone driving approximately 12,200 miles a year, that gap adds up to about $850 in fuel savings annually. Over 10 years, that’s roughly $8,500 from fuel alone. When maintenance savings are factored in, the total pushes past $10,000. EVs don’t need oil changes, and their brakes tend to last longer because of regenerative braking.
Cleveland drivers who use off-peak electricity rates could save even more. Some utility plans offer discounts that cut charging costs by up to 30 percent.
Not all EV charging delivers those savings, though. Public chargers can average around 37 cents per kilowatt-hour as of late 2025. At that rate, public charging costs about 13 cents per mile, which matches what gas drivers pay. So the big savings come mainly from home charging, not from stopping at a public station.
Compact EVs use about 26 kilowatt-hours per 100 miles. Midsize SUV-style EVs use around 32 kilowatt-hours per 100 miles. Both types still cost less to run than the average gas car when charged at home. Hydropower reportedly generates about 15% of global electricity, surpassing all other renewable sources combined, making it a significant part of the broader clean energy grid that powers home charging.
Federal tax credits may also be available to some buyers, which could reduce the upfront cost of going electric. Buyers considering a used EV can capture most of those same fuel and maintenance savings while avoiding the new-car premium, since the first owner typically absorbs the steepest depreciation. EV prices have also dropped more than 20 percent since 2022, making the upfront cost of going electric more accessible than it was just a few years ago. The long-term numbers suggest home charging turns an EV into a materially cheaper vehicle to operate than a gas car in the Cleveland area.
References
- https://recharged.com/articles/ev-charging-cost-vs-gas
- https://www.energysage.com/ev-charging/electric-vehicle-charging-cost-vs-gas/
- https://ev-lectron.com/blogs/blog/electric-cars-vs-gas-cars-a-cost-comparison
- https://www.consumerreports.org/cars/hybrids-evs/will-an-electric-car-save-you-money-a9436870083/
- https://www.youtube.com/watch?v=BlDGo2mLXcI
- https://www.youtube.com/shorts/aQrydTtGIms