So this cheap EV motoring thing
Discussion
Much has been made of the cheap cost of charging EVs. How is that changing in line with the recent and coming rise in electricity prices?
Would a notional five fold increase in charging costs change views and habits?
Working from home in a cold or expensively heated house seems to be losing some its attraction so I'm interested in what electricity prices are doing to attitudes and behaviours around EVs.
Would a notional five fold increase in charging costs change views and habits?
Working from home in a cold or expensively heated house seems to be losing some its attraction so I'm interested in what electricity prices are doing to attitudes and behaviours around EVs.
I just hope this stays more rational a discussion than this thread. https://www.pistonheads.com/gassing/topic.asp?h=0&...
AWRacing said:
It all depends on the tariff you are on. We pay 7.5p/kwh for electricity over night so still only costs pennies to charge my wifes car.
Of course, but that tariff will end at some point. If it's pennies now, is it fair to assume my notional five fold increase would mean you'll still be paying pennies and it would therefore be meaningless to you?Dingu said:
I just hope this stays more rational a discussion than this thread. https://www.pistonheads.com/gassing/topic.asp?h=0&...
I hadn't seen that thread but a scan of the most recent pages seems to me to show it morphed into a hydrogen v leccy argument and was also very technical.My questions are predicated on the assumption that charging costs will rise and then what sort of break even point we're talking about where the EV stops being preferable. I appreciate there are other factors but I'd like to focus on the charging costs.
Unreal said:
AWRacing said:
It all depends on the tariff you are on. We pay 7.5p/kwh for electricity over night so still only costs pennies to charge my wifes car.
Of course, but that tariff will end at some point. If it's pennies now, is it fair to assume my notional five fold increase would mean you'll still be paying pennies and it would therefore be meaningless to you?Unreal said:
Dingu said:
I just hope this stays more rational a discussion than this thread. https://www.pistonheads.com/gassing/topic.asp?h=0&...
I hadn't seen that thread but a scan of the most recent pages seems to me to show it morphed into a hydrogen v leccy argument and was also very technical.My questions are predicated on the assumption that charging costs will rise and then what sort of break even point we're talking about where the EV stops being preferable. I appreciate there are other factors but I'd like to focus on the charging costs.
Unreal said:
Dingu said:
I just hope this stays more rational a discussion than this thread. https://www.pistonheads.com/gassing/topic.asp?h=0&...
I hadn't seen that thread but a scan of the most recent pages seems to me to show it morphed into a hydrogen v leccy argument and was also very technical.My questions are predicated on the assumption that charging costs will rise and then what sort of break even point we're talking about where the EV stops being preferable. I appreciate there are other factors but I'd like to focus on the charging costs.
Work colleague of mine who needs to use a public charging point near our office (he lives 220 miles from our office, not a daily, but monthly commute) and he says rates have just gone up to £1 per kWh. His car does 4 miles to the kWh. That’s not a saving compared to a lot of interesting cars based on motorway mileage.
poo at Paul's said:
The charging costs are clearly increasing, but they’re insignificant compared to the capital costs or buying or leasing the vehicle. Some entry level EVs are a pound a mile just sat on your drive, without turning a wheel on leases.
This. I’m all for jumping on the EV bandwagon as my daily but they’re just so bloody expensive when compared to their ICE equivalent. Appreciate a fair chunk have access to a decent salary sacrifice scheme, but for me, even though my company offer it, the rates are awful. £700 PM to lease a Tesla Model Y with mileage restrictions - no bloody way. Here’s a recent piece from Telegraph covering this very topic…
https://www.telegraph.co.uk/money/consumer-affairs...
Simple economic theory suggests petrol and electric are likely to balance out at some point or at least get closer to each other. As demand for petrol drops, prices should drop. Likewise as demand for electric goes up, prices will go up. Of course, legislation and tax could alter this.
Unreal said:
delta0 said:
Fuel prices are also going to rise so not sure there will ever be a point where they cross.
Round here fuel prices have dropped around 15-20% from close to £2 per litre and that trend seems to be continuing at the same time as gas and electricity prices are rising.Existing discussion around the same topic here:
https://www.pistonheads.com/gassing/topic.asp?h=0&...
https://www.pistonheads.com/gassing/topic.asp?h=0&...
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