Texas EV vs gas · Gas October 12, 2026 · Electricity rates 2025
Yes, by a lot. On the average Texas retail plan's rate, charging an EV costs the same per mile as gas at $1.40 a gallon. Gas in the Dallas metro averaged $3.77 on October 12, 2026, so 1,000 miles a month costs about $52 to charge versus $140 in gas: roughly $88 a month back.
What you pay for power sets what charging costs. Here are the numbers for Dallas.
Dallas is a deregulated market: Oncor delivers the power and you pick a retail provider and plan.
Average home rate 17.3 cents per kWh (average of all Texas retail plans, 2025). Charging costs the same per mile as gas at $1.40 a gallon: about $52 for 1,000 miles versus $140 in gas.
We found no Oncor EV rebate in our latest review of Texas programs. Some retail plans include free or cheap overnight hours, which can cut charging costs a lot; compare plans on the state's Power to Choose site.
A few suburbs, like Garland and Denton, have their own city utility instead.
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 Dallas, gas would have to fall below $1.40 a gallon.
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Texas charges EV owners an extra $200/yr at registration. Even after that, charging on an average Texas retail plan leaves about $854 a year in your favor at 12,000 miles.
Texas's $2,500 EV grant hit its 2,000-car cap in Dec 2025 and is closed. Austin Energy still pays half a home charger (up to $500). The EV fee is $200/yr.
Texas EV incentives · EV fees by state
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
Use the savings calculator or see which EVs fit how you drive.
Yes. Charging at home on an average Texas retail plan (17.3 cents per kWh, average of all Texas retail plans, 2025) costs about $52 per 1,000 miles. The same miles in a 27 mpg car cost about $140 at the $3.77 Dallas gas average on October 12, 2026. Texas's $200/yr EV fee still leaves about $854 a year in your favor.
About $1.40 a gallon. That is what a 27 mpg car would need to pay to match the cost per mile of charging at home on an average Texas retail plan.
At home, about $52 per 1,000 miles on an average Texas retail plan (17.3 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.
Texas has no state EV purchase rebate right now, and we found no utility EV rebate for Dallas in our latest review. Check your utility's site for charger offers.
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