Kentucky

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

2018Jan '26May '26
201820192020202120222023202420252026
⚡ Electric wins
$293/yr
at 12k mi/yr
⛽ Gas · $2.58/gal
6.8¢/mi
⚡ Elec · 14.3¢/kWh
4.3¢/mi

Why is it like this in Kentucky?

Kentucky's electricity rate of about 13.7¢/kWh sits near the breakeven for a typical PHEV versus gasoline. The PSC approved the first major rate increases for LG&E and KU in years in early 2026 — $5.14/month for LG&E customers and $8.73/month for KU customers — following a contested settlement. Kentucky regulators also approved new gas plant construction tied to data center load, signaling further increases are likely. Despite the recent rate increases, electricity is still the cheaper per-mile option for most Kentucky PHEV drivers at the January 2026 baseline — though the margin is narrowing as ongoing rate cases add to the cost of charging.

In the news · Kentucky

Curated coverage of Kentucky'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