THERE are now more than 5000 electric vehicles registered in the ACT. 

The milestone comes with the launch on Tuesday of a new cost-comparison web tool designed to make it easier to better understand the running costs of EVs.

The government says the ACT has the highest number of EVs per capita in Australia. The number of EV registrations has doubled since this time last year and now one in five newly registered vehicles is an EV.

The new web tool allows users to see at a glance the total cost of ownership of any car model available in Australia over a five-year period. It also allows you to compare these costs to other models available on the market.

The tool also provides driving range, annual fuel or energy costs, as well as financial incentives available to buying a EV in the ACT.

To try out the tool here.