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EV drivers can charge for less than £10 per month on best tariffs

Drivers of electric cars could charge their EVs for less than £10 a month, according to smart charging company Ohme.

With electricity prices reducing from 1 July, EV drivers will already be able to enjoy lower charging costs, but they could make even greater savings when charging at home with a smart EV tariff.

As the Standard Variable Tariff drops to 22.4p/kWh, the lowest price in almost two years, drivers of electric vehicles will be able to enjoy greater savings when charging at home. However, a smart EV tariff such as Intelligent Octopus Go, which can be accessed through chargers including Ohmes’ devices, could reduce a typical EV driver’s annual costs to just £9.92 a month.

“This latest reduction in the price of electricity will be welcome news for drivers of EVs,” said David Watson, Ohme CEO. “However, they could easily lower those bills further by finding out if their electricity supplier offers a special tariff for EV drivers. If not, then they should consider switching to an energy provider that does to enjoy even greater savings when running an EV.”

Charging on the new Standard Variable Tariff in a typical EV for 6,800 miles of driving (the UK annual average) would cost £382.50. On a smart EV tariff such as Intelligent Octopus Go, which costs 7p/kWh, the same mileage would cost just £119. The same distance in a petrol car would cost more than £1,100 at current average fuel prices.

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Matt Allan

Matt is Editor of EV Powered. He has worked in journalism for more than 20 years and been an automotive journalist for the last decade, covering every aspect of the industry, from new model reveals and reviews to consumer and driving advice. The former motoring editor of inews.co.uk, The Scotsman and National World, Matt has watched the EV landscape transform beyond recognition over the last 10 years and developed a passion for electric vehicles and what they mean for the future of transport - from the smallest city cars to the biggest battery-powered trucks. When he’s not driving or writing about electric cars, he’s figuring out how to convert his classic VW camper to electric power.