High upfront costs for electric cars could push more people to petrol

Read more: https://www.which.co.uk/news/2021/08/high-upfront-costs-for-electric-cars-could-push-more-people-to-petrol/ – Which?

Our research shows that it could take drivers a decade to recoup the extra investment needed to buy an electric car

Read more: https://www.which.co.uk/news/2021/08/high-upfront-costs-for-electric-cars-could-push-more-people-to-petrol/ – Which?

How we got our running cost figures The figures for three-year running costs include fuel prices, servicing and taxes. We also factored in the Vehicle Excise Duty  (VED) and the government grant on electric cars of up to £2,500. We used average mileage data from our car survey (9,000 miles was the average annual pre-covid mileage) plus fuel economy data from our independent tests to calculate how much fuel each car would use over three years. For electricity consumption, we determined the electricity consumption of each car and calculated the cost over three years based on the cost of charging at home (19.19 per kWh).

Read more: https://www.which.co.uk/news/2021/08/high-upfront-costs-for-electric-cars-could-push-more-people-to-petrol/ – Which?

Electricity tariff

Which have clearly chosen a high home electricity tariff without considering that there are ones more suitable for those charging an Electric car. The best time to charge an Electric car is during the night. Not only does Octopus offer an Off-peak overnight rate, but also tariffs based on the wholesale half-hourly rates.

Join Octopus Energy as a new customer and receive £50 discount for joining any Octopus tariff including the ones designed for Home charging. Also, have them donate £50 to keep this site running, please click through to the Octopus site.

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