posted 8th August 2022
As with petrol and diesel cars, how much it costs to fully charge an electric car will depend on the model, make and specification of the vehicle. However, probably the cheapest way to charge your electric car will be to do it from home.
The cost of charging an electric vehicle is highly inconsistent, but it is generally significantly cheaper than the cost of fueling a petrol or diesel car, making it a cheaper way to run a car.
The amount your electricity costs when charging up your electric car battery mainly depends on whether you’re using a home charging point or whether you do your EV charging at public charging points.
The speed at which the charger can deliver electricity to your car, its battery size, and the energy efficiency of your car will all affect how much it costs to charge your EV.
Cost also depends on your home energy plan. So it’s important to find a tariff with rates that work for you.
There is a simple equation to use when it comes to electric cars. The capacity of the vehicle’s battery is expressed in kilowatt hours (kWh). So to work out how much it is likely to cost to charge your car from completely empty to full, you will need to multiply the size of the car’s battery by your supplier’s charge for electricity (pence per kWh).
Which? estimates that the average driver will use between £500 and £830 a year of extra electricity charging an electric car.
This sound like a lot to add to your energy bills, but remember, you’ll no longer need to buy any petrol.
Drivers in the UK spend an average of £1,042 on petrol, or £1,265 on diesel, each year. So the savings you can make with an EV are significant.
The cost to fully charge an electric car ranges from £4.20 up to £28, assuming the unit cost of electricity is 28 pence per kWh.
Additionally, it’ll be useful to consider how your home charger’s smart features can help save on costs in order to fully understand your budget. To understand more about the cost-saving features that home chargers can offer, get in touch with us today at enquiries@electrx.uk