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Electric Vehicle Ownership

Explore the benefits of owning an electric vehicle

There are more savings than at the pump

Save money

Federal and state incentives and credits are available to help with the purchase cost of an EV. Studies show that EVs have historically lower maintenance and fuel costs and contribute to an overall efficiency increase through energy savings. Explore local and federal programs.

Environmental stewardship

Driving on electricity eliminates tailpipe emissions and leverages an increasingly clean energy grid, which leads to cleaner air and a smaller carbon footprint.

Daily life with an EV

EVs are feature-rich, future-proof, performance-oriented machines. Charging infrastructure at home, at the office, or on the go is becoming widely available, enabling distance driving and energy independence.

Cost of ownership

Because of the considerably simplified drive train of most EVs, the cost of maintenance is significantly less than a vehicle with an internal combustion engine (ICE). Today's EVs also tend to hold their value quite well compared to many ICE models.

EVs by the numbers

Our Rate Comparison Calculator is equipped with tools to compare costs for a variety of models and help you decide if EV Time-of-Use is a good choice for your lifestyle.