Georgia

Gas vs. electric driving costs · adjust vehicle and price period below

2018Jan '26May '26
201820192020202120222023202420252026
⚡ Electric wins
$305/yr
at 12k mi/yr
⛽ Gas · $2.64/gal
6.9¢/mi
⚡ Elec · 14.5¢/kWh
4.4¢/mi

Why is it like this in Georgia?

Six Georgia Power rate increases since 2023 added roughly $43/month to average residential bills — a cumulative shift that has made home charging significantly more expensive for PHEV drivers than just two years ago. The Georgia PSC froze base rates through at least 2028, but that freeze excludes fuel cost adjustments and storm recovery charges. Data center load growth is driving infrastructure investments expected to generate additional rate pressure after the freeze expires. Despite six rate increases since 2023 adding roughly $43/month to average bills, electricity is still the cheaper per-mile option at the January 2026 baseline. The cumulative pressure has significantly narrowed the margin, and the trajectory points toward parity.

In the news · Georgia

Curated coverage of Georgia's EV/PHEV cost, policy, and infrastructure story. External links open in a new tab.

Southeast region comparison

State Electric ¢/mi Gas ¢/mi Cheaper Annual diff
West Virginia 4.5¢ 7.5¢ ⚡ Electric $363/yr
North Carolina 4.1¢ 7.0¢ ⚡ Electric $346/yr
Arkansas 3.7¢ 6.4¢ ⚡ Electric $319/yr
Louisiana 3.8¢ 6.4¢ ⚡ Electric $313/yr
Tennessee 4.0¢ 6.6¢ ⚡ Electric $310/yr
Georgia 4.4¢ 6.9¢ ⚡ Electric $307/yr
Florida 4.8¢ 7.3¢ ⚡ Electric $295/yr
Kentucky 4.3¢ 6.8¢ ⚡ Electric $295/yr
Virginia 4.8¢ 7.3¢ ⚡ Electric $294/yr
Mississippi 4.3¢ 6.4¢ ⚡ Electric $247/yr
South Carolina 4.7¢ 6.6¢ ⚡ Electric $230/yr
Alabama 4.9¢ 6.5¢ ⚡ Electric $201/yr