Car battery pulse charger3/9/2023 ![]() ![]() This is much less than it was due to cost under Ofgem’s proposed energy price cap, which would have seen the unit rate for electricity soar to 52p per kWh from 1 October.įully charging the Volkswagen ID.3’s battery to 100 per cent at 34p per kWh will, in theory, take just over eight hours at a cost of £19.80.īased on the average Briton covering 10,000 miles per year, an owner of an ID.3 would need to charge their car at least 38 times, working out an annual running cost bill of £752.ĮV owners who charge at home will welcome the energy price guarantee. The energy price guarantee means electricity costs to the nearest pence for an average household on a default tariff paying via direct debit will be 34p per kilowatt hour with a standing charge of 46p per day. ![]() That means the energy price guarantee is big news for those who have already made the jump to an EV.įor our calculation, we have based the numbers on using a 7kWh homecharger, which is the most popular type of domestic device offered to customers today. Nine in ten existing electric car owners in Britain have access to charging at home, according to Government figures. We have used the Volkswagen ID.3 with a 58kWh battery to estimate annual charging costs for someone who plugs in at home and those who rely on public infrastructureĬharging an average family EV at home: £752 per year It’s important to note that our calculations are only for comparative purposes and subject to a variety of different factors.įor instance, electric car owners who have a charger at home and use their domestic tariff to cover the cost of boosting the batteries, costs can differ depending on the EV they own and its battery size, how many miles they drive, their charging device, the type of energy tariff they have and time of day they generally charge up. To compare the costs of running an electric car, we have based our calculation for charging the popular Volkswagen ID.3 hatchback powered by a 58kWh battery offering a claimed full-charge range of 265 miles, which in the UK is priced from £36,195. And how this compares to fuel bills for an equivalent petrol car… What are the cost implications of not being able to charge an electric car at home? We’ve crunched the numbers to work out what the difference in costs will be for someone who charges an average EV at home compared to the public network. While the energy price guarantee will certainly make an electric car more appealing to those who can charge at home, those who have no other choice by to depend on the public charging network will not have the same level of protection from escalating EV running costs. ‘Even with rising electricity prices, electric vehicles can prove very cost efficient to run and own, and if the industry is to become zero emissions by 2035, the technology must remain as attractive and affordable as possible.’ Steve Huntingford, editor, What Car?, said: ‘The energy price cap has had an immediate reaction from car buyers, and shows how important Government support for the industry is. ![]() Of the electric car buyers surveyed, 21% said the assurance that their domestic electricity prices would not spiral for the next two years and continue to keep running costs cheaper than an equivalent petrol was a contributing factor for going green Of them, 13 per cent said the announcement of the energy price guarantee has made them more comfortable with the idea of owning an electric car in the future, even if they’re not immediately in the market for one today. What Car?’s research also surveyed buyers not in the market for an electric car. The research comes as the latest car registration figures from the Society of Motor Manufacturers reveal fully electric cars now account for 15 per cent of the UK new car market and last month saw the millionth plug-in vehicle enter Britain’s roads. However, for the remaining members of the panel, the Government’s scheme had no influence, with 79 per cent claiming they would have bought an electric car anyway, even if the cap had not been introduced from 1 October. Of those buying an EV, 21 per cent said the PM’s announcement had swayed their decision because it guarantees their charging costs will remain relatively affordable for the next 24 months. Liz Truss’ 8 September announcement of an Energy Price Guarantee has reportedly had a big impact on electric car appeal, according to What Car?.Īs part of its year-round rolling survey of in-market buyers, the latest polled 1,654 motorists, of which a third were about to hand over a deposit for an electric car. Government intervention to curb rising energy prices jumpstarts EV demand: A new survey by What Car? found that one in five electric car buyers said the PM’s Energy Price Guarantee had given them the confidence to switch to a plug-in model ![]()
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