Ohio EV vs gas · Gas October 12, 2026 · Electricity rates 2025

Is an EV cheaper than gas in Cincinnati?

Yes, by a lot. On Duke Energy Ohio's average home rate, charging an EV costs the same per mile as gas at $1.36 a gallon. Gas in the Cincinnati area (Ohio side) averaged $3.89 on October 12, 2026, so 1,000 miles a month costs about $50 to charge versus $144 in gas: roughly $94 a month back.

Where Cincinnati gets its power

What you pay for power sets what charging costs. Here are the numbers for Cincinnati.

Duke Energy Ohio

Serves Cincinnati and southwest Ohio

Average home rate 16.8 cents per kWh (2025). Charging costs the same per mile as gas at $1.36 a gallon: about $50 for 1,000 miles versus $144 in gas.

We found no current EV rebate or charging credit from Duke Energy Ohio in our latest review of Ohio programs.

Many homes buy the power itself through a community aggregation program or a supplier, so their rate differs; this is Duke Energy Ohio's standard rate.

Why this holds up when gas spikes

Gas prices jumped in 2026 when the war with Iran disrupted oil shipping through the Strait of Hormuz. Home electricity is priced by utilities under state regulators and moves far more slowly, so the gap tends to widen when gas spikes. For a 27 mpg car to cost less per mile than charging at home in Cincinnati, gas would have to fall below $1.36 a gallon.

Why an EV opts you out of gas spikes · Is an EV cheaper than gas right now? Every state

Ohio rules that apply in Cincinnati

Ohio charges EV owners an extra $200/yr at registration ($150/yr for plug-in hybrids). Even after that, charging on Duke Energy Ohio leaves about $924 a year in your favor at 12,000 miles.

No Ohio EV rebate and a $200/yr EV fee. AEP Ohio's EV rates only cut the delivery part of off-peak power, and Duke's charger credit is not offered in Ohio.

Ohio EV incentives · EV fees by state

How we calculated it

We assume 1,000 miles a month, a typical new EV that uses 30 kWh per 100 miles, a 27 mpg gas car, and home charging at each utility's average residential rate, which includes its fixed monthly charges. An overnight or EV rate is often cheaper than that average, and public fast charging costs much more. Treat this as the honest average, not your bill.

Sources: EIA Form 861, 2025 (each utility’s residential revenue divided by residential sales), AAA metro gas price averages (regular unleaded), October 12, 2026

Now run it with your own numbers

Use the savings calculator or see which EVs fit how you drive.

Questions people ask

Is an EV cheaper than gas in Cincinnati?

Yes. Charging at home on Duke Energy Ohio (16.8 cents per kWh, 2025) costs about $50 per 1,000 miles. The same miles in a 27 mpg car cost about $144 at the $3.89 Cincinnati gas average on October 12, 2026. Ohio's $200/yr EV fee still leaves about $924 a year in your favor.

How low would gas have to go to beat an EV in Cincinnati?

About $1.36 a gallon. That is what a 27 mpg car would need to pay to match the cost per mile of charging at home on Duke Energy Ohio.

How much does it cost to charge an EV in Cincinnati?

At home, about $50 per 1,000 miles on Duke Energy Ohio (16.8 cents per kWh), for a typical EV that uses 30 kWh per 100 miles. Public fast charging costs much more per kWh than home charging, so these numbers assume you charge at home most of the time.

Are there EV rebates in Cincinnati?

Ohio has no state EV purchase rebate right now, and we found no utility EV rebate for Cincinnati in our latest review. Check your utility's site for charger offers.

Other cities

Thinking of buying? Run any dealer quote through the free Deal-Checker before you sign.