Choosing the right energy tariff for your electric vehicle and other cost cutting tips
If you are charging your electric vehicle at home, your electricity bills will increase. As an electric vehicle driver, it is therefore very important to shop around to make sure that you are on the right electricity tariff.
Here are a set of tips on how to charge your electric vehicle at home for as little as possible.
That works out as over 11,000 ‘free’ electric miles per year. The average UK driver travels around 8,000 miles per year, so switching your tariff could effectively cancel out any increase in your energy use as a result of charging your vehicle from home. Discover how to find the cheapest tariff in our short step-by-step guide.
Some energy companies offer tariffs that would reward you for charging your car at off-peak times, such as overnight. Switching to an Economy 7 tariff could cut the cost of your electricity bill depending on whether you’d also be able to use other appliances, like a dishwasher or washing machine, overnight too. Not sure if Economy 7 is right for you? Learn how to switch to an Economy 7 tariff in our short step-by-step guide.
Smart meters will make it easier for energy suppliers to offer new types of ‘smart’ off-peak tariffs that could help you save money when you charge your vehicle at off-peak times. These tariffs may also give you the option to get your supplier to charge your car at the cheapest possible time in the day, for guaranteed savings, such as when it is windy, to take advantage of renewable power. Download information about what the 'smart' tariffs could offer you as an electric vehicle driver.
Some energy suppliers have started to offer discounts to energy bill payers who lease or own an electric vehicle. To find out if these are the cheapest possible option for you, use a price comparison site.
A smart meter records how much energy you use in pounds and pence, so could help you work out exactly how much it’s costing you to charge your car. It will also put an end to estimated bills, because the smart meter will tell your energy supplier how much electricity you’re using. Want to find out how to get a smart meter? Find more information on how a smart meter could help lower your charging costs in our smart meter guide for EV owners.