Calculation Formula:
From: | To: |
The Annual Fuel Cost Calculator estimates yearly fuel expenses based on UK government standards. It helps individuals and organizations budget for vehicle operating costs using official mileage, fuel efficiency, and price data.
The calculator uses the formula:
Where:
Explanation: The equation calculates total gallons used annually then multiplies by price per gallon to determine total cost.
Details: Accurate fuel cost estimation is crucial for personal budgeting, fleet management, and environmental impact assessments.
Tips: Enter official annual mileage in miles, government-rated MPG, and current fuel price in £/gallon. All values must be positive numbers.
Q1: Where can I find official government MPG figures?
A: UK government MPG ratings are available through vehicle certification agencies and manufacturer specifications.
Q2: How accurate is this calculation for real-world usage?
A: Actual costs may vary based on driving conditions, vehicle maintenance, and individual driving habits.
Q3: Should I use imperial or US gallons?
A: The calculator uses UK imperial gallons (4.546 liters) as per UK government standards.
Q4: Can I use this for electric vehicles?
A: No, this calculator is designed for traditional fuel-powered vehicles only.
Q5: How often should I update the fuel price?
A: For accurate results, use current fuel prices which can fluctuate weekly.