EV Economics · New Brunswick
EV Charging Cost in New Brunswick: 2026 Rates and Real Savings
Charging a typical EV at home in New Brunswick costs about $464 a year for 20,000 km, versus $2901 for the same distance in an average gas SUV — a 84% fuel saving. New Brunswick balances mid-range electricity rates against mid-range gas prices — a typical EV saves roughly 55–60% on fuel versus a comparable gas car.
New Brunswick electricity rates at a glance
| Rate type | ¢/kWh | Annual cost (20,000 km, avg EV) |
|---|---|---|
| Home — off-peak | 13.34¢ | $464 |
| Home — mid-peak | 13.34¢ | $464 |
| Home — on-peak | 13.34¢ | $464 |
| Public DC fast charge | 35–62¢ | $1,217–$2,156 |
| Gas SUV equivalent | 148¢/L | $2901 |
Rate regime: Flat NB Power residential rate with a residential demand-response option. Rates are approximate 2026 residential prices including delivery where flat — check your utility bill for exact figures.
Annual home-charging cost by EV (New Brunswick)
| Vehicle | kWh/100 km | Annual home cost | vs gas SUV |
|---|---|---|---|
| Tesla Model 3/Y | 15.5 | $414 | −86% |
| Hyundai Ioniq 5 | 17 | $454 | −84% |
| Kia EV6 | 17.2 | $459 | −84% |
| Chevrolet Equinox EV | 17.8 | $475 | −84% |
| Ford Mustang Mach-E | 18.1 | $483 | −83% |
Assumes 20,000 km/year, home charging at the 13.34¢/kWh off-peak rate, and a 9.8 L/100 km gas SUV at 148¢/L.
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Open the EV charging cost calculatorCommon questions
How much does it cost to charge an EV in New Brunswick?
Charging a typical EV (17.4 kWh/100 km) for 20,000 km a year in New Brunswick costs about $464 at home off-peak rates (13.34¢/kWh), versus roughly $2901 to fuel an average gas SUV at 148¢/litre. That is a 84% saving on fuel.
What is the residential electricity rate regime in New Brunswick?
New Brunswick uses flat nb power residential rate with a residential demand-response option. The effective rates used here: 13.34¢/kWh off-peak, 13.34¢/kWh mid-peak, 13.34¢/kWh on-peak.
Is home charging cheaper than public fast charging in New Brunswick?
Yes. Public DC fast charging in Canada typically costs 35–62¢/kWh — roughly 2 to 4× the 13.34¢/kWh home rate in New Brunswick. Fast charging is for road trips; home charging is for the daily routine.