EDF and Pod Point launch tariff and charger bundle to cut up-front costs

Charging firm Pod point has teamed up with EDF to help cut the initial costs of installing a home wallbox.

As more drivers make the switch to EVs, one of the concerns remains around the price of home chargers, which can range from £500 to £1,500.

In order to alleviate this, the energy firm and charging specialist have launched a deal to bundle part of the cost of Pod Points Solo 3S charger into a home energy tariff.

Customers signing up for the Pod Point Plug & Power package will pay £499 up front for the home wallbox rather than the full £1,099 it usually costs. The remaining cost of the charger is then spread out across two years and integrated into their tariff.

The tariff itself provides five hours of low-cost overnight charging, with EV owners paying 8.49p per kWh between 12am and 5pm. The companies estimate that an average driver will save £538 a year on the tariff compared to running a petrol car. Compared with using the public charging network, EV drivers charging with the tariff could save up to £460.

Rich Hughes, director of retail at EDF said: “We’re always looking for ways to make sustainable choices more convenient and affordable, so this bundle is a great option for drivers to be able to make the switch to electric driving, with lower upfront costs. Joining forces with Pod Point is the perfect solution for our customers.”

Melanie Lane, CEO at Pod Point added: “We’re delighted to partner with EDF on this industry-first bundle, giving drivers an all-in-one solution to charge their EVs at home, with the benefit of low-cost, overnight electricity.

“We’ve seen dedicated EV tariffs become a key consideration for drivers, as well as the need for a home charger that gives them great value, and so we integrated both elements and launched the Plug & Power bundle, making EV driving even easier and more affordable.”