2021 Volvo S90 plug-in hybrid vs gas: is the plug-in worth it?

Recharge T8 eAWD PHEV R-Design AWD vs T6 Momentum AWD

No. Does not pay back in 6 years.

26.2years to pay back

Plug-in: $8,500 more. Saves $325 a year.
Break-even: 314,000 miles.
No gas trim with the same name. Cheapest gas AWD/4WD trim used.
12,000 miles a year. Gas $3.20. Electricity 17 cents a kWh. Plug-ins: 50% of miles on electricity.

Bars: total energy saving after each year. Dashed line: the $8,500 price gap.

Every plug-in pair

2021 Volvo S90 plug-in hybrid vs gas: every pair
Pair	MSRP	Rating	Energy a year	Price gap	Saves a year	Payback	Ahead after 6 years
Recharge T8 eAWD PHEV R-Design AWD T6 Momentum AWD	$60,050 $51,550	30 mpg, 56 kWh/100 mi 25 mpg	$1,211 $1,536	$8,500	$325	26.2 years	Gas, $6,551
Hybrid Plug-in Recharge R-Design eAWD T6 Momentum AWD	$60,050 $51,550	30 mpg, 56 kWh/100 mi 25 mpg	$1,211 $1,536	$8,500	$325	26.2 years	Gas, $6,551
Recharge T8 eAWD PHEV Inscription AWD T6 Momentum AWD	$60,050 $51,550	30 mpg, 56 kWh/100 mi 25 mpg	$1,211 $1,536	$8,500	$325	26.2 years	Gas, $6,551
T8 R-Design Recharge Plug-In Hybrid AWD T6 Momentum AWD	$60,050 $51,550	30 mpg, 56 kWh/100 mi 25 mpg	$1,211 $1,536	$8,500	$325	26.2 years	Gas, $6,551
Hybrid Plug-in Recharge Inscription eAWD T6 Momentum AWD	$60,050 $51,550	30 mpg, 56 kWh/100 mi 25 mpg	$1,211 $1,536	$8,500	$325	26.2 years	Gas, $6,551
T8 Inscription Recharge Plug-In Hybrid AWD T6 Momentum AWD	$60,050 $51,550	30 mpg, 56 kWh/100 mi 25 mpg	$1,211 $1,536	$8,500	$325	26.2 years	Gas, $6,551

Recharge T8 eAWD PHEV R-Design AWD vs T6 Momentum AWD: other differences
Measure	Plug-in	Gas	Change
Horsepower	400 hp	316 hp	+84 hp
Torque	472 lb-ft	295 lb-ft	+177 lb-ft
Max towing	1,650 lb	1,650 lb	about the same
Cargo, seats up	13.5 cu ft	13.5 cu ft	about the same
Cargo, seats down	15.4 cu ft	15.4 cu ft	about the same
Curb weight	4,673 lb	4,389 lb	+284 lb

Incentives, insurance, upkeep and resale are not included.

Your own mpg will differ.