Volvo XC60 T8 Recharge (PHEV) (2023–2026): EV perks and running costs in Canada

At 312 Wh/km, covering about 45% of its kilometres electrically, a Volvo XC60 T8 Recharge (PHEV) driven 15,000 km a year needs about 1,680 kWh of charging – roughly 140 kWh a month at home, with 80% of charging done there. At that volume the best published home-charging reward, Roulez Electrique Points, pays about $218 a year. The cheapest place in Canada to charge it is Ontario, at 3.9¢/kWh.

312 Wh/kmCombined consumption (NRCan)
1,680 kWhHome charging per year
18.8 kWhBattery (plug-in hybrid)
58 kmElectric-only range
$2,500Federal purchase rebate
$1,070/yrBest province: British Columbia

Put your own driving into the calculator →

What a Volvo XC60 T8 Recharge (PHEV) is worth, province by province

Each row assumes 15,000 km a year with 80% of charging at home on that province's cheapest overnight plan and the rest in public at 45¢/kWh. Net vs gas is fuel saved against an 8.5 L/100 km petrol car at that province's pump price, plus the best charging reward, minus any annual EV fee. Purchase rebates are one-time and are not added into it.

ProvinceOvernight rateHome chargingCharging rewardsPurchase rebateNet vs gas
Alberta 12¢ $202/yr $202/yr $2,500 $734/yr
British Columbia 7.7¢ EV plan $130/yr $218/yr $2,500 $1,070/yr
Manitoba 9.97¢ $168/yr $218/yr $6,500 $819/yr
New Brunswick 15.84¢ $267/yr $202/yr $2,500 $772/yr
Newfoundland & Labrador 15.59¢ $263/yr $218/yr $2,500 $879/yr
Nova Scotia 12.44¢ EV plan $210/yr $202/yr $2,500 $841/yr
Northwest Territories 36.5¢ $615/yr $202/yr $7,500 $436/yr
Nunavut 74.94¢ $1,263/yr $202/yr $2,500 −$132/yr
Ontario 3.9¢ EV plan $66/yr $218/yr $2,500 $933/yr
Prince Edward Island 17.84¢ $301/yr $202/yr $4,500 $796/yr
Quebec 4.89¢ EV plan $82/yr $218/yr $3,500 $997/yr
Saskatchewan 15.48¢ $261/yr $202/yr $2,500 $704/yr
Yukon 20.8¢ $350/yr $202/yr $2,500 $786/yr

Where you live decides most of it: British Columbia nets $1,070 a year against Nunavut at −$132 – mostly electricity prices, pump prices and provincial EV fees.

Notes on these figures

Other Volvo models

Volvo EX30 Single Motor Extended Range · Volvo EX40 / XC40 Recharge · Volvo EX90 Twin Motor

All vehicles

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