Just compared some of the better UK EV tariffs this is what you'd actually pay per charge, quite a big difference, really
Been down a bit of a rabbit hole comparing EV tariffs after getting fed up with my standard rate thought I’d share what I found because the difference is actually pretty massive, you know.
The cheapest off-peak rates I’ve found so far
EDF GoElectric: 6.99p/kWh, 11pm–6am. Cheapest I’ve seen. No smart charger needed, just set a timer. The catch is the daytime rate is a bit higher.
Intelligent Octopus Go: around 8p/kWh, 11:30pm–5:30am + extra smart slots. You need a compatible charger or EV, but the smart charging is actually pretty handy.
E.ON Next Drive Smart: around 8p/kWh, midnight–6am + smart slots. Quite similar to Octopus, just starts at midnight.
Good Energy EV Charge: around 8p/kWh, midnight–5am. Shorter window, but 100% renewable.
E.ON Next Drive: around 9p/kWh, midnight–6am. Pretty simple, no smart charger needed.
British Gas EV Power: around 9p/kWh, midnight–5am. Another simple option.
OVO Charge Anytime: flat monthly fee of around £27.50–£37.50 for unlimited off-peak charging could actually work out quite well if you do a lot of miles.
The differences are actually quite big, you know, so it’s definitely worth checking what works best for how much you drive.
So what does that actually mean in money?
For a typical 60 kWh battery, like an Ioniq 5 or Model 3 LR:
Cheap tariff (7–9p/kWh): around £4–£5.50 for a full charge
Standard rate (24.5p/kWh): around £14.70
Public rapid (79p/kWh): £47+
Over 10,000 miles at 3.5 mi/kWh, that’s roughly £200 a year on a cheap tariff, compared with £700 on standard rate or around £2,250 using public rapid chargers alone.
Simple or smart tariff which one actually makes sense?
If you’ve just got a basic charger or granny cable, a simple tariff like EDF, E.ON Next Drive or British Gas is probably the easiest. Just set a timer and forget about it.
If you’ve got an Ohme, Indra, Hypervolt or a car with smart charging, then the smart tariffs like Octopus or E.ON Smart are probably worth a look. They can sort of move your charging around automatically and grab the cheaper slots.
I’ve put together a more detailed breakdown of the tariffs, off-peak times and requirements here:
https://honestrange.co.uk/guides/ev-tariffs-compared
What’s everyone else using? I’m quite curious about OVO’s flat-rate model it could actually be brilliant if you do loads of miles, but maybe not so much if you don’t.