How Texas compares
Ranked by yearly saving, Texas is 22nd of 51. Savings run from $66 in Hawaii to $1,276 in Louisiana. The saving here is $83 more than the $1,084 a driver saves at the U.S. average price.
Gas would have to fall below $1.61 a gallon, from $4.33 now, before charging an EV in Texas stopped saving money.
Public chargers averaged $0.42/kWh nationally on October 16, 2026, 2.6 times the home price here, so every mile charged in public cuts the saving. Charging only at home would raise it to $1,251 a year.
Three of its four neighbors save more: Arkansas, Louisiana and Oklahoma, led by Louisiana at $1,276.
| State | Electricity | EV saving a year |
|---|---|---|
| Louisiana | 12.72¢ | $1,276 |
| Arkansas | 14.33¢ | $1,220 |
| Oklahoma | 14.35¢ | $1,220 |
| Texas | 15.88¢ | $1,167 |
| New Mexico | 16.09¢ | $1,160 |
More for Texas
- Solar payback in Texas: a typical system pays back in 12.5 years.
- Heat pump vs gas in Texas: a heat pump saves $79 a year.
What these numbers assume
- 12,000 miles a year.
- An EV that goes 3.5 miles per kWh, with 10% of home charging energy lost between the outlet and the battery.
- 10% of miles charged at public stations at $0.42/kWh, the AAA national average on October 16, 2026.
- A 28 mpg gas car, with regular gas at $4.33 a gallon, the national average on October 12, 2026 (EIA weekly retail price survey).
- Home electricity at the Texas average of 15.88¢/kWh.
Change any of them in the calculator above to match your own bills. The formulas are on the main EV vs gas calculator.
Sources
- Electricity price: EIA Electric Power Monthly, Table 5.6.A (July 2026 data).
- Gasoline: EIA weekly U.S. regular retail price, October 12, 2026.
- Public charging: AAA national average, October 16, 2026.
- Rankings: MeterMath calculation with the same inputs for all 50 states and DC.