Thursday, December 17, 2020

How much does it cost to charge an electric car? Running costs explained

Businesses can also apply for funding for charging points through the Workplace Charging Scheme, which offers similar discounts to the OZEV grant. To maximise your savings, install a home wallbox, charge your electric car overnight and steer clear of expensive rapid chargers unless absolutely necessary. Do all of that, and you could slash your fuel bills by as much as 25 percent. These figures work out cheaper than fueling an equivalent petrol or diesel-powered car, though. The EV6’s nearest combustion-engined equivalent, the Kia Sportage, has a 54-litre tank.

cost to charge electric car at home uk

There might be more money needed to pay at the beginning, but over the course of the car’s life, the cost of running and maintaining it should be much lower than if you had a petrol or diesel car. Keep in mind that Tesla charges idle fees for staying at one of their electric chargers after your battery is complete, or if you're charging while more than 50% of their stations are occupied. Whether you will be highly benefited or at a disadvantage will vary depending on the type of deal you are working with. No matter what your tariff is actually like, a car like a Renault Zoe will only cost about £9.62 to get a full charge on one of the most expensive tariffs. More importantly, keeping an electric car with a fully charged battery will almost always be cheaper than filling up a tank with petrol.

Can you charge an electric car in the rain?

We refer to this as loss of charge, and some cars/batteries suffer more than others. How much it costs to charge an electric car depends on where you charge it. Those who have off-street parking and can charge at home will not only benefit from the convenience of being able to charge on their own driveway, but should also be able to get the cheapest rates. The length of time it takes to charge an electric car depends on the charging speed and the size of a battery. With over 8,000 charging points, BP Pulse is one of the UK’s largest public charging networks.

cost to charge electric car at home uk

The off-peak energy prices for electric vehicle tariff seem competitive. Yet, they are restricted to a five-hour window and an Economy 7 tariff typically offers eight hours of a cheaper rate. Promise we’re not copping out to say, you’ll need to check the providers in your area. You can liken the cost of charging an electric car to the cost of filling the tank of a petrol-powered car. The larger the tank, the more petrol is needed to fill it, so filling the tank from empty will cost you more the bigger the tank is.

Can you charge an electric car at home?

However, it’s worth noting that it’ll take more than seven hours to charge the EV6 from empty to full using a typical 7kWh home wallbox – so it’s best to leave it plugged in overnight. If you’re in a hurry, public rapid chargers such as those provided by Ionity and BP Pulse can charge the EV6’s battery pack to 80 percent capacity in as little as 18 minutes. If you have an electric car charging station installed at home, this will generally be the quickest, easiest and most cost-effective way to keep your EV battery charged. Roughly 40% of public car charging stations in the UK are free to use.

cost to charge electric car at home uk

In the UK the average price was 14.4 p/kWh in 2020, however prices ranged based on locality. In the East Midlands, the average cost was just 13.86 p/kWh, meanwhile, in the South West, the average crept up to 15.54 p/kWh. The Tesla Model S is available with a much larger 100 kWh battery, so if you were to charge your Model S at home using the same 3-pin plug and at the same rate of £0.14 per kWh, a full charge would cost £14.00. To take advantage of these you will most likely have to download a specific app and use a certain kind of charge point, but won't spend any money on electricity for your car.

Best-Selling Electric Cars UK: The Complete Guide

The average cost for the supply and installation of a dedicated home EV charger is between £500 and £1,000. The Office for Zero Emission Vehicles grant is now coming to an end , so do take advantage while it is still available. You can charge your EV at home using your own electricity or on the go using a public charging station. We'll look at this method of charging first to determine how much it costs to charge your electric car at a public charging station. It costs $0.08 in electricity per mile to drive an average electric car in the UK. If driving the average distance of 13,476 miles per year, UK EV owners can expect to pay $85.48 (£65.65) per month and $1,025.79 (£787.86) per year charging a standard electric car at home.

cost to charge electric car at home uk

This is why rapid chargers begin to ‘taper’ i.e. to reduce the power they deliver once batteries are more than 80% full. How long it takes to charge an EV depends on the size of the battery and the type of charger - which is defined by the power in kW. A 7kW home charger therefore delivers approximately three times as much power and is approximately three times as fast as using a domestic socket.

Electric car range

Interestingly, the EPA’s Fuel Economy Labels base their figures off 15,000 miles driven per year. This is above the average distance according to the United States Department of Transportation – Federal Highway Administration. In the US the average cost per kWh is 13 cents, while in the UK it’s 22 cents . Since paying to park is significantly cheaper than any fine, unless it’s indicated otherwise, assume you need to pay to park.

However, a study was done to find the cheapest electric car per mile in the UK, which was the Hyundai IONIQ Electric at just £3.75 per 100 miles, or less than 4p per mile. A faster charger means that the electricity is ‘pumped’ into your car at a faster rate, but the battery can still only take so much electricity. This capacity means that a full charge will cost the same at home regardless of which type of charger you are using. Access is granted via an app or membership card, and is available as a pay-as-you-go or subscription service. Electric vehicles all offer different levels of efficiency, so the model you pick will also impact your costs of charging. Something that’s not super-efficient will need charging more often, so will naturally have higher running costs.

Prepare for your electric journeys by using the Public Charging Calculator to find out how long it will take to charge your EV at a slow, fast or rapid charger. If you know the charge point tariff, you will also be able to calculate the cost for using the charger, ensuring that you are well informed before using the public charging network in the UK. The cost of charging an electric car at work varies depending on the company policy - some offer free charging while some will charge a fixed rate.

We’ll take care of everything when you book with Smart Care, and you’ll get AA approved garages and a 1 year guarantee. In most likelihood, you won't be spending this much many times and the price for an essentially complete charge will be of around £7 instead. However, this was removed around the start of 2020, although the company revives the limited offer from time to time. The Premium Connectivity package gives drivers access to live traffic visualisation, satellite-view maps, an internet browser and even “Caraoke”. Tesla also controls the biggest network of rapid or ultra-rapid EV charging points in the UK with 967 charge points as of November 2022.

What about public charging of electric cars?

In contrast, most vehicle manufacturers limit the current drawn from a standard domestic 3 pin socket to 10A or less, which equates to a maximum of 2.3kW. There are online calculators available that will use all of these factors to work out the average running costs for your car. It’s a good idea to use these to compare models before taking the plunge.

cost to charge electric car at home uk

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