Per mile, yes — far cheaper. Charging an electric pickup at home runs about $1,105/year for 15,000 miles (1.9 mi/kWh at $0.14/kWh), versus about $2,763/year in gasoline for a 19-MPG gas truck — a $1,658/year fuel saving. The catch is the sticker price: electric trucks cost around $14,000 more up front ($62,000 vs $48,000). That premium takes about 9 years of average driving to claw back, so over a typical 8-year hold the gas truck actually finishes $737 cheaper. Electric trucks win on cost per mile but lose on cost per truck until you drive enough miles to overcome the premium.
- Electric charging: ~$1,105/year (1.9 mi/kWh, $0.14/kWh)
- Gas fuel: ~$2,763/year (19 MPG, $3.50/gal)
- EV pickup costs ~$14,000 more up front
- Fuel saving ~$1,658/year at 15,000 miles
- Break-even ~9 years — gas wins a typical 8-year hold
| Truck | Price | Fuel / year | 8-Year Total |
|---|---|---|---|
| Electric (1.9 mi/kWh, home) | $62,000 | ~$1,105 | ~$70,842 |
| Gas (19 MPG) | $48,000 | ~$2,763 | ~$70,105 |
| Electric (towing + public DC) | $62,000 | ~$3,462 | ~$89,692 |

