Ohio

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

2018Jan '26May '26
201820192020202120222023202420252026
⚡ Electric wins
$224/yr
at 12k mi/yr
⛽ Gas · $2.73/gal
7.2¢/mi
⚡ Elec · 17.6¢/kWh
5.3¢/mi

Why is it like this in Ohio?

Ohio's residential electricity rate of about 15.9¢/kWh reflects the state's deregulated market structure and PJM capacity charges — a combination that has pushed bills well above what generation costs alone would justify. AEP and FirstEnergy are both pursuing rate increases from PUCO. At the January 2026 baseline, electricity is still the cheaper per-mile option for Ohio PHEV drivers — though the structural cost pressures are real. Pending AEP and FirstEnergy rate cases could significantly narrow or eliminate that advantage.

In the news · Ohio

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

Midwest region comparison

State Electric ¢/mi Gas ¢/mi Cheaper Annual diff
North Dakota 3.3¢ 6.6¢ ⚡ Electric $400/yr
Nebraska 3.6¢ 6.7¢ ⚡ Electric $377/yr
Missouri 3.6¢ 6.5¢ ⚡ Electric $350/yr
South Dakota 4.1¢ 6.8¢ ⚡ Electric $325/yr
Illinois 5.0¢ 7.6¢ ⚡ Electric $320/yr
Iowa 3.9¢ 6.5¢ ⚡ Electric $316/yr
Indiana 4.9¢ 7.4¢ ⚡ Electric $297/yr
Minnesota 4.5¢ 6.9¢ ⚡ Electric $285/yr
Kansas 4.3¢ 6.4¢ ⚡ Electric $247/yr
Ohio 5.3¢ 7.2¢ ⚡ Electric $224/yr
Michigan 5.9¢ 7.8¢ ⚡ Electric $221/yr
Wisconsin 5.5¢ 6.5¢ ⚡ Electric $122/yr