Cost Savings

Cost Savings

In an EV, every trip is cheaper

EVs are not only cheaper to operate, they're cheaper to maintain, too. On average, it costs about 55 percent less to make a trip in an EV than it does to travel the same distance in a conventional gas-powered vehicle.

Reduce Your Overall Energy Costs
Did you know DTE Energy offers lower electric pricing options for night and weekend charging? The result: more money in your pocket to empower you to do the things you love most.

Lower Fuel Costs
The way you'll save the most significant amount of money with an EV is by slashing your fuel costs. EVs cost about 1 cent per mile to operate compared to 10 cents per mile for vehicles powered by gasoline. And since the price of electricity is significantly more stable than gasoline, your EV will deliver financial predictability combustion engines cannot.

Lower Maintenance Costs
Battery-powered electric vehicles require zero oil changes, saving you time and money.

Cost Savings Calculator
Use the Alternative Fuel Data Center Vehicle Cost Calculator to compare the costs of owning and operating an electric vehicle versus ownership costs for other types of vehicles.

Try the Vehicle Cost Calculator

Tax Incentives
The U.S. Federal Government offers a tax credit up to $7,500 based on electric vehicle size and battery capacity. This helps make your new-vehicle purchase more affordable.

Vehicle Incentives
Nissan – receive $3,500 off MSRP on a new 2018 Nissan LEAF® with DTE customer code B73500.
See your local Nissan dealer for more information and be sure to bring your DTE bill to verify your eligibility. DTE Electric customers only; restrictions may apply.

Explaining about ev in showroom

Operating gas station

Fuel Savings
Did you know driving an electric vehicle could save you about $800 per year? It's true! The average electric vehicle uses around $50 of fuel per month while the average gasoline-powered vehicle uses about $117 of fuel per month.

ev charging stations

Flexible Options to Reduce Charging Costs
When you take advantage of DTE Energy's electric pricing options, you can lower your fuel costs even more. And if you have access to free charging at your workplace, you could lower your daily fuel costs further still.

In-Car Efficiency Technology

Driving coach, or driving guide tools, helps you drive your EV more efficiently, which maximizes the charge of your vehicle battery. Many EVs come with these features built right into the gauge cluster.