Charging at home is the cheapest and most convenient way to add miles to your electric car. EV tariffs come in a few forms, but basically mean you can plug in and charge conveniently overnight at very cheap rates.
Not only do you pay less to charge with an EV tariff, but you’re also avoiding the energy ‘rush hour’, which means you’ll be using less gas-powered generation and more lovely green electrons from renewable sources.
How to compare EV tariffs
Our EV tariff list starts with the cheapest off-peak rate, but the day-time rates and the daily standing charge may have more impact on your bill. So the tariff with the best savings for your electric car charging (and the way you use energy at home) may not be the one with the cheapest off-peak rate. We have also given an average alternative for an EV household under the Ofgem price cap (read more on what the price cap looks like for an EV household).
The energy crisis continues to have an impact on the number of EV tariffs on offer. As of August, EDF has once again removed the four varieties of GoElectric tariffs from the market. Ovo have recently stopped offering updated prices online. British Gas, E.On Next and Scottish Power are not currently offering EV tariffs at all. Octopus Energy continues to offer ‘Go’ and ‘Intelligent’ EV tariffs.
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A complete list of EV tariffs
We show prices for a home in South Wales, where energy prices are slightly higher than the UK average. We regularly check our prices against the supplier’s website, or by contacting the energy supplier directly. Prices shown are for monthly direct debit and paperless bills.
Price cap April 2022
Flat rate: UK average 28p
Standing charge: around 49p/day
Price cap (*Predicted 74% rise*) October 2022
Flat rate: *49p*
Standing charge: *85p/day*
28 hours peak/week
21 hours peak/week
Looking to compare EV tariffs?
Can I still switch to an EV tariff like Octopus Go?
EV tariffs from EDF and the Octopus Energy’s ‘Go’ usually come out better than the current price cap for many EV drivers, despite higher ‘peak’ or daytime rates, but EV tariffs might not offer the best value if you have high use in your home that you can’t shift off-peak or if you’re doing only low mileage in your electric car. Should you switch away from the default price cap now? Read more on what the price cap means for EV drivers.
Some extra tips on choosing an EV tariff
The first move, if you haven’t already got one, is to book a smart meter installation. If you aren’t ready to switch tariff yet, book this with your current supplier.
The savings from an EV tariff depend on the amount of energy you will use at peak and off-peak rates. Love my EV’s EV tariff comparison tool can help make an estimation base on the miles you charge and your use around the home.
Some tariffs offer ‘free miles’, but don’t forget that 2,000 miles is a discount of less than £10 per month. Check the rates they quote for electricity at any other time of the day, and the standing charge. Depending on all your normal home use you might end up paying more for that cheap overnight charging.
Some offer a free or discounted home charger installed at your home. This might suit you if you are considering buying your first an electric vehicle, but the unit rates might not stack up if you are already set up to charge at home.
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Who are the best energy providers for electric vehicle owners?
Octopus Energy have been hard to beat in terms of price and customer service for EV drivers. However, EDF and Ovo have tariffs that are competitive on price and offer more flexibility for EV charging and different home energy use patterns.
Although it’s currently limited in terms of compatible car and charger types, E.On Next has a super low off-peak rate and a clever app to help you keep on top of your charging costs and track the carbon intensity of your energy.
Big 6 providers, like Scottish Power and British Gas, make it very difficult to obtain a quote until you are already an energy customer.
How green are EV tariffs?
All EV energy tariffs in the UK guarantee 100% renewable energy, although the way in which they back this promise does vary. Read more on how green your ‘green’ energy really is for all our top tips on choosing a green energy supplier.
Can I use an Economy 7 meter to charge my EV?
Most electricity suppliers will require you to fit a smart meter to your property before you can switch to one of their EV tariffs. They will generally do this for free. However, if you can’t do this yet (generally because of lack of mobile phone coverage) it’s also worth looking into having an Economy 7 or Economy 10 meter fitted to your property. This will allow you to take advantage of cheaper rates at off-peak times on several tariffs.
Does an electric car mean paying more on electricity bills?
Running costs for electric cars are much lower than a conventional car, but charging your car increases your home electricity consumption considerably. One unit (a kWh) will allow you to drive 3.5-4 miles. Some high-mileage drivers nearly double their energy use with home charging. If these drivers don’t switch, their bill with double too.
An average driver will see their use going up by around 50%. Switching to an EV tariff can mean paying about the same as before, especially if you can shift other use into the off-peak hours. As well as switching tariff, check out our top tips for saving money on EV charging.
Sometimes there’s even more you can do to save the planet and help your wallet. With record prices for energy, would solar pay? Does a home battery start to make sense? As well as finding the best EV tariff, our free EV charging and home energy assessment can show you how to squash your home’s energy carbon footprint and become more energy self-sufficient.