A new online tool is helping Canberrans compare the total cost of ownership of different models of electric versus petrol or diesel vehicles.
12 July 2023
Canberrans are driving down transport emissions and making the most of government incentives by choosing electric vehicles.
The ACT is leading the nation on Zero Emissions Vehicle (ZEV) uptake, with 5,000 now registered in the ACT. Around 20 per cent of new cars are electric vehicles (EVs) and ZEVs make up more than 1 per cent of all vehicles registered in the ACT.
While the upfront cost of an EV may be higher, the total cost of ownership over a five-year period may be similar or even more affordable than its petrol or diesel counterpart.
New EV cost comparison tool
A new online tool is helping Canberrans compare the total cost of ownership of different models of electric versus petrol or diesel vehicles.
The free tool is simple to use and can provide cost comparisons. Features of the tool include:
- users can input various features for vehicles, such as vehicles by make/model, body type (hatchback, sedan etc), fuel type (petrol, diesel, battery electric etc), average KMs travelled per year, annual fuel costs etc
- users can input the features for vehicles arriving on the market soon and find out the total cost of ownership
- financial calculators reflect taxes and incentives unique to the ACT (registration waivers and stamp duty exemptions on electric vehicles).
As a growing industry, Canberra households and businesses can also access a range of financial incentives that are not available for petrol and diesel alternatives.
When purchasing your next car, consider making your next choice electric.
Try the new tool at energy.act.gov.au/owning-a-zero-emissions-vehicle/
To find out more about the zero emissions vehicles in the ACT and what incentives are available, visit climatechoices.act.gov.au
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