£10 a month to run your EV with new lower tariff

Drivers of electric cars could charge their EVs for less than £10 a month, according to Ohme, the UK’s largest dynamic smart charging company.


With electricity prices reducing from 1st 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 with Ohme.


As the Standard Variable Tariff drops to 22.4p/kWh on 1st July, 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 could reduce a typical EV driver’s annual costs to £9.92 a month.Fuel comparison blog size June 2024 1


Ohme’s dynamic smart chargers can connect with the grid in real time, automatically adjusting to optimise the cost of charging and accessing all the times of the smartest, greenest and lowest cost energy tariffs.


“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 6800 miles of driving (the UK annual average) would cost £382.50. On a smart EV tariff such as Intelligent Octopus Go* however, the same mileage would cost just £119. The same distance in a petrol car would cost more than £1100.

* Intelligent Octopus Go – 7p/kWh


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