Find my EV Fleet Savings

Use the calculator below to see how much money you can save your organization by switching out one or more ICE (internal combustion engine) vehicles with an EV. The savings are truly remarkable!

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Select Vehicle Type

Total Number of Vehicles in Your Fleet

Average Miles Driven per Vehicle Type per Year

20000

Local Fuel Price/Gallon

Est. MPG of ICE Vehicle

ICE – Annual Cost per Vehicle

ICE – Fuel Cost per Mile

Utility kWh Rate

Mile/kWh for EV

EV – Annual Cost per Vehicle

EV – Fuel Cost per Mile

Annual Fuel Savings per Vehicle

Total Annual Fuel Savings

* Disclaimer: This tool is only intended to provide an estimate of potential savings. Actual results will vary.
Please contact Merchants Fleet for a detailed assessment of your fleet's EV savings potential

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Frequently Asked Questions

What does Mile per kWh mean?

Mile per kWh (kilowatts per hour) is a measurement of energy consumption for electric vehicles.

What is the Utility kWh rate? How do I find it?

The Utility kWh rate is the price of power supplied by the utility company — in this case, electricity. It can be calculated by multiplying your kWh by the cost of electricity.

How do I find the MPG of my ICE vehicle?

Most modern cars have a digital MPG display, but it may not always be correct. For a more accurate reading, follow these steps:

Fill up your fuel tank
Reset the trip odometer (more information can be found in the car owner’s manual)
Drive. When your tank is at least half empty, fill again and note the number of gallons used to refill and the miles on the trip counter
Use the formula: Miles driven ➗ gallons used to fill the tank

For example, if you drove 100 miles on 10 gallons of gas, your MPG is 10.

Find my EV Fleet Savings

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