diff --git a/packages/evm/jsonrpc/chainbackend.go b/packages/evm/jsonrpc/chainbackend.go
index 6c279e1696..7542d76ee6 100644
--- a/packages/evm/jsonrpc/chainbackend.go
+++ b/packages/evm/jsonrpc/chainbackend.go
@@ -4,7 +4,6 @@
 package jsonrpc
 
 import (
-	"math/big"
 	"time"
 
 	"github.com/ethereum/go-ethereum"
@@ -29,6 +28,5 @@ type ChainBackend interface {
 	ISCLatestState() state.State
 	ISCStateByBlockIndex(blockIndex uint32) (state.State, error)
 	ISCStateByTrieRoot(trieRoot trie.Hash) (state.State, error)
-	EVMGasPrice() *big.Int
 	BaseToken() *parameters.BaseToken
 }
diff --git a/packages/evm/jsonrpc/evmchain.go b/packages/evm/jsonrpc/evmchain.go
index 51f3bb2a73..69ba658a87 100644
--- a/packages/evm/jsonrpc/evmchain.go
+++ b/packages/evm/jsonrpc/evmchain.go
@@ -404,7 +404,22 @@ func (e *EVMChain) EstimateGas(callMsg ethereum.CallMsg, blockNumberOrHash *rpc.
 
 func (e *EVMChain) GasPrice() *big.Int {
 	e.log.Debugf("GasPrice()")
-	return e.backend.EVMGasPrice()
+
+	iscState := e.backend.ISCLatestState()
+	governancePartition := subrealm.NewReadOnly(iscState, kv.Key(governance.Contract.Hname().Bytes()))
+	feePolicy := governance.MustGetGasFeePolicy(governancePartition)
+
+	// convert to wei (18 decimals)
+	decimalsDifference := 18 - parameters.L1().BaseToken.Decimals
+	price := big.NewInt(10)
+	price.Exp(price, new(big.Int).SetUint64(uint64(decimalsDifference)), nil)
+
+	price.Mul(price, new(big.Int).SetUint64(uint64(feePolicy.GasPerToken.B)))
+	price.Div(price, new(big.Int).SetUint64(uint64(feePolicy.GasPerToken.A)))
+	price.Mul(price, new(big.Int).SetUint64(uint64(feePolicy.EVMGasRatio.A)))
+	price.Div(price, new(big.Int).SetUint64(uint64(feePolicy.EVMGasRatio.B)))
+
+	return price
 }
 
 func (e *EVMChain) StorageAt(address common.Address, key common.Hash, blockNumberOrHash *rpc.BlockNumberOrHash) (common.Hash, error) {
diff --git a/packages/evm/jsonrpc/waspevmbackend.go b/packages/evm/jsonrpc/waspevmbackend.go
index 97edcfe173..28d7af826b 100644
--- a/packages/evm/jsonrpc/waspevmbackend.go
+++ b/packages/evm/jsonrpc/waspevmbackend.go
@@ -5,7 +5,6 @@ package jsonrpc
 
 import (
 	"fmt"
-	"math/big"
 	"sync"
 	"time"
 
@@ -26,7 +25,6 @@ import (
 	"github.com/iotaledger/wasp/packages/trie"
 	"github.com/iotaledger/wasp/packages/util"
 	"github.com/iotaledger/wasp/packages/vm/core/governance"
-	"github.com/iotaledger/wasp/packages/vm/gas"
 )
 
 type WaspEVMBackend struct {
@@ -120,30 +118,6 @@ func (b *WaspEVMBackend) EVMTraceTransaction(
 	)
 }
 
-func (b *WaspEVMBackend) EVMGasPrice() *big.Int {
-	latestState := b.ISCLatestState()
-	res, err := chainutil.CallView(latestState, b.chain, governance.Contract.Hname(), governance.ViewGetFeePolicy.Hname(), nil)
-	if err != nil {
-		panic(fmt.Sprintf("couldn't call gasFeePolicy view: %s ", err.Error()))
-	}
-	feePolicy, err := gas.FeePolicyFromBytes(res.Get(governance.ParamFeePolicyBytes))
-	if err != nil {
-		panic(fmt.Sprintf("couldn't decode fee policy: %s ", err.Error()))
-	}
-
-	// convert to wei (18 decimals)
-	decimalsDifference := 18 - parameters.L1().BaseToken.Decimals
-	price := big.NewInt(10)
-	price.Exp(price, new(big.Int).SetUint64(uint64(decimalsDifference)), nil)
-
-	price.Mul(price, new(big.Int).SetUint64(uint64(feePolicy.EVMGasRatio.A)))
-	price.Div(price, new(big.Int).SetUint64(uint64(feePolicy.EVMGasRatio.B)))
-	price.Mul(price, new(big.Int).SetUint64(uint64(feePolicy.GasPerToken.A)))
-	price.Div(price, new(big.Int).SetUint64(uint64(feePolicy.GasPerToken.B)))
-
-	return price
-}
-
 func (b *WaspEVMBackend) ISCCallView(chainState state.State, scName, funName string, args dict.Dict) (dict.Dict, error) {
 	return chainutil.CallView(chainState, b.chain, isc.Hn(scName), isc.Hn(funName), args)
 }
diff --git a/packages/solo/evm.go b/packages/solo/evm.go
index fa0096e01e..d096de106a 100644
--- a/packages/solo/evm.go
+++ b/packages/solo/evm.go
@@ -3,7 +3,6 @@ package solo
 import (
 	"crypto/ecdsa"
 	"fmt"
-	"math/big"
 	"time"
 
 	"github.com/ethereum/go-ethereum"
@@ -65,10 +64,6 @@ func (b *jsonRPCSoloBackend) EVMTraceTransaction(
 	)
 }
 
-func (b *jsonRPCSoloBackend) EVMGasPrice() *big.Int {
-	return big.NewInt(0)
-}
-
 func (b *jsonRPCSoloBackend) ISCCallView(chainState state.State, scName, funName string, args dict.Dict) (dict.Dict, error) {
 	return b.Chain.CallViewAtState(chainState, scName, funName, args)
 }
diff --git a/packages/vm/core/evm/evmtest/evm_test.go b/packages/vm/core/evm/evmtest/evm_test.go
index 9c74951ea3..6a0c98b7c7 100644
--- a/packages/vm/core/evm/evmtest/evm_test.go
+++ b/packages/vm/core/evm/evmtest/evm_test.go
@@ -1776,6 +1776,33 @@ func TestEVMCallViewGas(t *testing.T) {
 	require.NoError(t, err)
 }
 
+func TestGasPrice(t *testing.T) {
+	env := initEVM(t)
+
+	price1 := env.evmChain.GasPrice().Uint64()
+	require.NotZero(t, price1)
+
+	{
+		feePolicy := env.soloChain.GetGasFeePolicy()
+		feePolicy.GasPerToken.B *= 2 // 1 gas is paid with 2 tokens
+		err := env.setFeePolicy(*feePolicy)
+		require.NoError(t, err)
+	}
+
+	price2 := env.evmChain.GasPrice().Uint64()
+	require.EqualValues(t, price1*2, price2)
+
+	{
+		feePolicy := env.soloChain.GetGasFeePolicy()
+		feePolicy.EVMGasRatio.A *= 2 // 1 EVM gas unit consumes 2 ISC gas units
+		err := env.setFeePolicy(*feePolicy)
+		require.NoError(t, err)
+	}
+
+	price3 := env.evmChain.GasPrice().Uint64()
+	require.EqualValues(t, price2*2, price3)
+}
+
 func TestTraceTransaction(t *testing.T) {
 	env := initEVM(t)
 	ethKey, ethAddr := env.soloChain.NewEthereumAccountWithL2Funds()
diff --git a/packages/vm/core/evm/evmtest/utils_test.go b/packages/vm/core/evm/evmtest/utils_test.go
index e9eaf939cb..332ba2daf5 100644
--- a/packages/vm/core/evm/evmtest/utils_test.go
+++ b/packages/vm/core/evm/evmtest/utils_test.go
@@ -156,7 +156,7 @@ func (e *soloChainEnv) setEVMGasRatio(newGasRatio util.Ratio32, opts ...iscCallO
 	return err
 }
 
-func (e *soloChainEnv) setFeePolicy(p gas.FeePolicy, opts ...iscCallOptions) error {
+func (e *soloChainEnv) setFeePolicy(p gas.FeePolicy, opts ...iscCallOptions) error { //nolint:unparam
 	opt := e.parseISCCallOptions(opts)
 	req := solo.NewCallParams(
 		governance.Contract.Name, governance.FuncSetFeePolicy.Name,