A monitoring apparatus and method are disclosed for monitoring and/or indicating energy that a battery power source has then remaining and/or can deliver for utilization purposes as, for example, to an electric vehicle. A battery mathematical model forms the basis for monitoring with a capacity prediction determined from measurement of the discharge current rate and stored battery parameters. The predicted capacity is used to provide a state-of-charge indication. Self-calibration over the life of the battery power supply is enacted through use of a feedback voltage based upon the difference between predicted and measured voltages to correct the battery mathematical model. Through use of a microprocessor with central information storage of temperature, current and voltage, system behavior is monitored, and system flexibility is enhanced.