Will electricity prices start to kill off EV's?

Will electricity prices start to kill off EV's?

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page3

4,945 posts

253 months

Monday 26th September 2022
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RAC appears to be using very pessimistic stats, as I make 63p/kWh around 12-14p/mile. Obviously that doesn’t take in to account the other cost savings of an EV.

And round and round the thread goes….

otolith

56,652 posts

206 months

Monday 26th September 2022
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Did someone disturb Count Quentula’s crypt?

LukeBrown66

4,479 posts

48 months

Monday 26th September 2022
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I don't think there is any doubt that the energy price increase has had an affect on charging prices away from home, it is bound to.

It simply reinforces the fact that for the vast majority of people who only own or need or simply can afford one car and maybe need to do trips over a long distance now and then, right now it simply is not worth doing this.

the target audience is being reached, and that is what car makers want. New money, new tech, you fix the faults and then we can sort it all for the riff raff later.

Hans_Gruber

275 posts

173 months

Monday 26th September 2022
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Picked up my Tesla from bluewater on Saturday.

Judging by the 6 rows of cars ( I would guess at least 300) being picked up the same day, and the fact they deliver 6 days a week, there are a lot of people who have not cancelled their order.

NDA

21,726 posts

227 months

Monday 26th September 2022
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LukeBrown66 said:
I don't think there is any doubt that the energy price increase has had an affect on charging prices away from home, it is bound to.
Charging at my office has gone from free to 44p per kWh (and will probably go up further). Fortunately I have the range to forgo the pleasure of a top up.


Evanivitch

20,516 posts

124 months

Monday 26th September 2022
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OutInTheShed said:
V2G is pretty much on the horizon.
The Eastern Horizon where the sun is setting on it.

Using vehicle batteries to supply large amounts of energy frequently wears the batteries out.
Well done, you're posting misinformation, again.

TheRainMaker

6,380 posts

244 months

Monday 26th September 2022
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Hans_Gruber said:
Picked up my Tesla from bluewater on Saturday.

Judging by the 6 rows of cars ( I would guess at least 300) being picked up the same day, and the fact they deliver 6 days a week, there are a lot of people who have not cancelled their order.
Your figures are miles off, Tesla sold a total of 22000 cars this year.

Are you saying this month alone they will shift 7200 cars just from Bluewater hehe

JonnyVTEC

3,015 posts

177 months

Monday 26th September 2022
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Hans_Gruber said:
Picked up my Tesla from bluewater on Saturday.

Judging by the 6 rows of cars ( I would guess at least 300) being picked up the same day, and the fact they deliver 6 days a week, there are a lot of people who have not cancelled their order
That’s a fleet of new Mondeo man cars ordered to minimise company car tax, a load probably have free charging at the office and before blasting around the country selling ink cartridges.

SWoll

18,691 posts

260 months

Monday 26th September 2022
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page3 said:
RAC appears to be using very pessimistic stats, as I make 63p/kWh around 12-14p/mile. Obviously that doesn’t take in to account the other cost savings of an EV.

And round and round the thread goes….
That's around a 5 ml/kWh average without accounting for charging losses? What EV is averaging that across a year no matter how it's used? A Twizy?

TheDeuce

22,403 posts

68 months

Monday 26th September 2022
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LukeBrown66 said:
I don't think there is any doubt that the energy price increase has had an affect on charging prices away from home, it is bound to.

It simply reinforces the fact that for the vast majority of people who only own or need or simply can afford one car and maybe need to do trips over a long distance now and then, right now it simply is not worth doing this.
The vast majority of drivers exceed the range of an EV so infrequently that the cost to charge away from home isn't a significant factor at all.

You even said yourself "maybe need to do trips over a long distance now and then". Well fine, charge at home using heavily discounted night rates and if 'now and then' you have to do a 400 mile journey I suppose you'll be paying a premium for the last 100-150 miles worth of juice. Still preferable to running a petrol/diesel car and paying a high price all the time.

I had to pay 67ppkwh just yesterday due to a 300m round trip for a wedding and I had set out without a full battery. It cost me £30 at the charger to more than comfortably get back home - it's the first time this year I have paid to use a public charger.. If I had a diesel the round trip would have cost be about £55.

For the next 12 months virtually all if not all of my charging will be done at home at 7.5ppkwh. After that period the prices may rise but the night time tariff will always be considerably cheaper than daytime and will never 'catch up' with the cost of petrol or diesel.

Hans_Gruber

275 posts

173 months

Monday 26th September 2022
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TheRainMaker said:
Hans_Gruber said:
Picked up my Tesla from bluewater on Saturday.

Judging by the 6 rows of cars ( I would guess at least 300) being picked up the same day, and the fact they deliver 6 days a week, there are a lot of people who have not cancelled their order.
Your figures are miles off, Tesla sold a total of 22000 cars this year.

Are you saying this month alone they will shift 7200 cars just from Bluewater hehe
Nope I said there were around 300 cars being delivered last Saturday and they deliver 6 days a week.

The rest of the numbers you made up

C.A.R.

3,968 posts

190 months

Monday 26th September 2022
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TheRainMaker said:
Your figures are miles off, Tesla sold a total of 22000 cars this year.

Are you saying this month alone they will shift 7200 cars just from Bluewater hehe
...of which some 14,000 were sold back in March. Because of the cyclical supply nature of Tesla models, there will be peaks and troughs. Whilst the latest data for August YTD was indeed 22k cars, it's easy to believe that an absolute bunch (both 3 and Y) will be registered this month. Bluewater is a huge hub for them - cars aren't necessarily all picked up from there, many are subsequently delivered from Bluewater.

JonnyVTEC said:
That’s a fleet of new Mondeo man cars ordered to minimise company car tax, a load probably have free charging at the office and before blasting around the country selling ink cartridges.
Let the hate flow through you laugh

OutInTheShed

7,973 posts

28 months

Monday 26th September 2022
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Hans_Gruber said:
Nope I said there were around 300 cars being delivered last Saturday and they deliver 6 days a week.

The rest of the numbers you made up
So the number delivered from Bluewater this month could be anything, maybe lots of people opt for Saturdays?
Maybe a boat load of cars came in last Friday?

Why so many white cars?

RobbyJ

1,585 posts

224 months

Monday 26th September 2022
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OutInTheShed said:
Why so many white cars?
Company cars? Why spend more of your salary sacrifice for a colour 'upgrade'.

eliot

11,503 posts

256 months

Monday 26th September 2022
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TheDeuce said:
For the next 12 months virtually all if not all of my charging will be done at home at 7.5ppkwh. After that period the prices may rise but the night time tariff will always be considerably cheaper than daytime and will never 'catch up' with the cost of petrol or diesel.
You only need to look at the Agile prices to see that overnight electricity rarely drops below ~35p (well apart from last night, which is the first time i've seen it sub 35p for months and even then it only dropped to 15p). So I cant see how they can continue to sell it at 7.5p when the average overnight cost for the last 12 months has been 30p

https://www.energy-stats.uk/octopus-agile-east-mid...

SWoll

18,691 posts

260 months

Monday 26th September 2022
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RobbyJ said:
OutInTheShed said:
Why so many white cars?
Company cars? Why spend more of your salary sacrifice for a colour 'upgrade'.
yes

When you get charged the full price for any options over the term on most lease/CC deals a colour change could add 10% to the cost.

page3

4,945 posts

253 months

Monday 26th September 2022
quotequote all
SWoll said:
page3 said:
RAC appears to be using very pessimistic stats, as I make 63p/kWh around 12-14p/mile. Obviously that doesn’t take in to account the other cost savings of an EV.

And round and round the thread goes….
That's around a 5 ml/kWh average without accounting for charging losses? What EV is averaging that across a year no matter how it's used? A Twizy?
I make that around 4.5 ml/kWh which our Model 3 has averaged. Our Ioniq Electric does better.

TheDeuce

22,403 posts

68 months

Monday 26th September 2022
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eliot said:
TheDeuce said:
For the next 12 months virtually all if not all of my charging will be done at home at 7.5ppkwh. After that period the prices may rise but the night time tariff will always be considerably cheaper than daytime and will never 'catch up' with the cost of petrol or diesel.
You only need to look at the Agile prices to see that overnight electricity rarely drops below ~35p (well apart from last night, which is the first time i've seen it sub 35p for months and even then it only dropped to 15p). So I cant see how they can continue to sell it at 7.5p when the average overnight cost for the last 12 months has been 30p

https://www.energy-stats.uk/octopus-agile-east-mid...
They buy and sell at that very low price during low usage hours because it helps to balance the grid which avoids mass wastage and keeps the overall domestically produced power as cheap as possible.

Everyone who buys an EV and opts in for the cheap rate tarriffs is effectively doing their own little bit to 'upgrade' the grid by increasing the attached storage capacity. Hence, such charging will remain way below the 'cost' price. It effectively reduces the cost price for us all.

CheesecakeRunner

3,939 posts

93 months

Monday 26th September 2022
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OutInTheShed said:
Why so many white cars?
Only free colour.

eliot

11,503 posts

256 months

Monday 26th September 2022
quotequote all
TheDeuce said:
They buy and sell at that very low price during low usage hours because it helps to balance the grid which avoids mass wastage and keeps the overall domestically produced power as cheap as possible.

Everyone who buys an EV and opts in for the cheap rate tarriffs is effectively doing their own little bit to 'upgrade' the grid by increasing the attached storage capacity. Hence, such charging will remain way below the 'cost' price. It effectively reduces the cost price for us all.
I assume you are talking about V2G which is still very much in it's infancy right now.
I'm benefiting from the cheap rate - but doesn't seem sustainable to me - hopefully I'm wrong.