What does it cost to charge an electric car ?
16 March 2021
At a glance, this is what it costs to charge your EV at home, at work and on the road:
If you are doing most of your charging at home, the cost will be around 10% of your usual petrol or diesel bill. Whereas if you are using mostly public charge points the cost is more likely to be around 65% of your usual fuel bill.
A full charge at home can cost as little as 60p for a hybrid, £2 for a small EV and £5 for a larger EV.
You can access these savings by switching to a home energy tariff and using a smart charge point to time your charge to coincide with off peak prices.
Charging a small EV at ‘Rapid’ DC charging stations like those found at motorway service stations will cost between £5 and £15 depending on the networks pricing, whereas Rapid charging a large EV will cost between £15 and £35.
How does EV charging compare to your usual petrol or diesel bill ?
Charging an EV at home is 80%-90% cheaper per year than refuelling with petrol or diesel. The full 90% benefit can be achieved by switching to an EV tariff at home whilst using a smart charge point to time your charge to cheaper off-peak periods.
If you can’t charge at home and are using public charging facilities, you can still reduce your annual fuel bill by around 35%.
What does it cost to charge at home ?
To get the best from home charging, you will need to switch to an EV tariff and schedule your charge to off-peak hours, these typically start around midnight and run until 7am or earlier.
A home charge for a small EV (say a Renault Zoe) will cost around:
On a special home energy tariff during off peak period, £2 per charge, or £100 per annum (based on a driver doing around 8,000 miles per year).
On a typical energy tariff during peak period, £7 per charge, or £350 per annum (based on a driver doing 8,000 miles per year).
A home charge for a large EV (say a Polestar 2) will cost around:
On a special home energy tariff during off peak period, £5 per charge, or £130 per annum (based on a driver doing 8,000 miles per year).
On a typical energy tariff during peak period, £18 per charge, or £470 per annum (based on a driver doing 8,000 miles per year).
What does it cost to charge away from home ?
There are various places around the country to charge your EV away from home:
At Rapid charge stations.
At your place of work.
At other destinations such as shopping centres, hotels and multi-storey car parks.
Rapid charge points, which can charge your EV 10 times faster than a home charger, are dotted across the country at over 12,000 locations.
Pricing varies from one network to the next. It will cost around £5 to charge a small EV on the cheapest network and £15 to charge a large EV. However on another more expensive network it could cost around £15 for a small EV and £35 for a large electric car.
Charging at work
The cost to charge at work will depend very much on whether or not your company decides to pass through the energy cost or offer charging for free. You might be lucky and get your charging for free!
At other destinations
Charge points can be found at shopping centres, hotels, car parks and all sorts of other destinations across the country.
These will often charge at the same speed as your home charge point, rather than a much faster rapid charger, but are still worth plugging into while you do your shopping, enjoy a meal in a restaurant or perhaps an overnight stay.
The pricing for these are highly variable, ranging from some hotels offering free charging to their guests, through to paid charging stations that offer Rapid charging at other destinations.
To find out more about fast charging at home contact us