How much does the fuel excise cut save me?

The excise cut saves 26.3 cents per litre. If you use 50 litres per week, you save $13.15 per week, $57 per month, or $171 over the full 3-month period from April to June 2026.

When does the fuel excise cut start and end?

The halved fuel excise of 26.3c/L starts on 1 April 2026 and runs until 30 June 2026 — a 3-month period. The full excise of 52.6c/L is scheduled to return on 1 July 2026 unless the government extends the measure.

Is an EV cheaper to run than a petrol car?

Yes, significantly. At $2.45/L petrol and 8.5L/100km, a petrol car costs about 20.8c/km. An EV using 15kWh/100km at 18c/kWh costs about 2.7c/km — roughly 87% cheaper per kilometre for fuel/energy costs alone.

Will petrol prices drop immediately on April 1?

The excise cut is immediate, but retail prices typically take 1–2 weeks to fully reflect the reduction. Service stations need to sell through fuel they purchased at the old excise rate before the lower cost flows through to bowser prices.

Fuel Savings Calculator

Calculate your savings from the halved fuel excise (26.3c/L, April–June 2026). See weekly, monthly, and 3-month savings, plus compare petrol vs EV running costs.

Last verified: 1 July 2025

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Fuel Excise Cut: Your Actual Savings

Excise halved to 26.3c/L for 3 months. On 50L/week, you'll save $13.15/wk or $171 over April-June. Calculate your exact savings.

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.

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