EV tariff comparison
Discussion
We have a Polestar 4 single-motor and a Hypervolt 3.0 charger at home. Currently on E.On Next Drive Fixed v11 which will be due to expire in a month or two. The main comparison sites like CompareTheMarket don't seem to cover EV tariffs and I've struggled to find any which do - anyone know of anywhere to look for independent comparisons?
A quick Google immediately brought up a comparison chart on Go Compare
https://www.gocompare.com/gas-and-electricity/ev-t...
However, in the real world it's like comparing apples to oranges. Hence there are no completely accurate comparisons, just rough guides.
https://www.gocompare.com/gas-and-electricity/ev-t...
However, in the real world it's like comparing apples to oranges. Hence there are no completely accurate comparisons, just rough guides.
Sparky137 said:
A quick Google immediately brought up a comparison chart on Go Compare
https://www.gocompare.com/gas-and-electricity/ev-t...
However, in the real world it's like comparing apples to oranges. Hence there are no completely accurate comparisons, just rough guides.
Thanks, I did see that but that's about all I could find. I thought there was a site that I used before, hence how I ended up with E.On but I can't find it now!https://www.gocompare.com/gas-and-electricity/ev-t...
However, in the real world it's like comparing apples to oranges. Hence there are no completely accurate comparisons, just rough guides.
The money saving expert website lists the EV tariffs available:
https://www.moneysavingexpert.com/utilities/ev-ene...
I'm on EON v23, the daily rate is 1.6p more on V24 night is the same. The cheapest fixed rate out there for 24 hrs a day is 23,5p I think. I did the maths and even if I did only 150 miles a month, charging at night, it would be beneficial, I do about 450 at the moment, YMMV.
https://www.moneysavingexpert.com/utilities/ev-ene...
I'm on EON v23, the daily rate is 1.6p more on V24 night is the same. The cheapest fixed rate out there for 24 hrs a day is 23,5p I think. I did the maths and even if I did only 150 miles a month, charging at night, it would be beneficial, I do about 450 at the moment, YMMV.
Fix coming to an end - and I'm realising what a good deal I was on!
EDF GoElectric was 63.18 standing charge, but peak had dropped to 20.77, with off-peak (7 hours) 5.48.
With only 1200 kWh annual EV consumption (thanks to sometimes being able to charge at work), that was circa £1100 pa.
Now EDF GOELectric is 49.7 standing charge, but peak is 33.8 (30% higher than price cap) and off-peak still good at 6.99.
So 30% higher day rate to get 7 hours cheaper night rate. Paying loads more to get a bit less some of the time feels wrong.
Having reviewed some other fixes (non EV / flat rate 23p-25p), with my household and 'medium' EV usage it's finely balanced for going for an EV tariff or not. Annually £1500-£1550 so approx £50 spread, with EDF's being the cheapest for me on current usage patterns - just. The 36% overall increase is massive though.
So I'm thinking to either stick with EDF (as in fairness their free charging offers over the last year have been great), and which also de-risks in case work charging availability drops off - or go with a zero withdraw penalty fix such as 100green (not heard of them) or E.on next drive, and jump later if needed.
Any other suggestions for 'medium' EV use welcomed.
EDF GoElectric was 63.18 standing charge, but peak had dropped to 20.77, with off-peak (7 hours) 5.48.
With only 1200 kWh annual EV consumption (thanks to sometimes being able to charge at work), that was circa £1100 pa.
Now EDF GOELectric is 49.7 standing charge, but peak is 33.8 (30% higher than price cap) and off-peak still good at 6.99.
So 30% higher day rate to get 7 hours cheaper night rate. Paying loads more to get a bit less some of the time feels wrong.
Having reviewed some other fixes (non EV / flat rate 23p-25p), with my household and 'medium' EV usage it's finely balanced for going for an EV tariff or not. Annually £1500-£1550 so approx £50 spread, with EDF's being the cheapest for me on current usage patterns - just. The 36% overall increase is massive though.
So I'm thinking to either stick with EDF (as in fairness their free charging offers over the last year have been great), and which also de-risks in case work charging availability drops off - or go with a zero withdraw penalty fix such as 100green (not heard of them) or E.on next drive, and jump later if needed.
Any other suggestions for 'medium' EV use welcomed.
Edited by C-J on Wednesday 19th August 10:22
Edited by C-J on Wednesday 19th August 11:50
Just found this:
Scottish Power's add-on Saver tariff: 49.7 SC and then 26.963 peak - with 8.5 off-peak
https://www.scottishpower.co.uk/electric-vehicle/t...
I need to explore the rules more. £50 exit fee
If anyone has any good/bad experiences of this SP EV tariff & App (SP's Saver - not EV Optimise) that would be good to know - hopefully it just 'works' fine
Scottish Power's add-on Saver tariff: 49.7 SC and then 26.963 peak - with 8.5 off-peak
https://www.scottishpower.co.uk/electric-vehicle/t...
I need to explore the rules more. £50 exit fee
If anyone has any good/bad experiences of this SP EV tariff & App (SP's Saver - not EV Optimise) that would be good to know - hopefully it just 'works' fine
Edited by C-J on Wednesday 19th August 11:52
There was a Reddit discussion earlier this week on this topic:
https://www.reddit.com/r/ElectricVehiclesUK/commen...
https://www.reddit.com/r/ElectricVehiclesUK/commen...
C-J said:
Fix coming to an end - and I'm realising what a good deal I was on!
EDF GoElectric was 63.18 standing charge, but peak had dropped to 20.77, with off-peak (7 hours) 5.48.
With only 1200 kWh annual EV consumption (thanks to sometimes being able to charge at work), that was circa £1100 pa.
Now EDF GOELectric is 49.7 standing charge, but peak is 33.8 (30% higher than price cap) and off-peak still good at 6.99.
So 30% higher day rate to get 7 hours cheaper night rate. Paying loads more to get a bit less some of the time feels wrong.
Having reviewed some other fixes (non EV / flat rate 23p-25p), with my household and 'medium' EV usage it's finely balanced for going for an EV tariff or not. Annually £1500-£1550 so approx £50 spread, with EDF's being the cheapest for me on current usage patterns - just. The 36% overall increase is massive though.
So I'm thinking to either stick with EDF (as in fairness their free charging offers over the last year have been great), and which also de-risks in case work charging availability drops off - or go with a zero withdraw penalty fix such as 100green (not heard of them) or E.on next drive, and jump later if needed.
Any other suggestions for 'medium' EV use welcomed.
Perhaps you didn't notice but all fixed tariffs dropped quite a bit on April 1st because they removed the energy company obligation charge. I was getting it at night for 3.19p per kWh with EON for my EV! But it only lasted until my fixed tariff ended on 15th May; some may still be on greatly reduced tariffs until they expire. The 60p per day SC gets up my nose though, £18 a month before I even plug anything in. EDF GoElectric was 63.18 standing charge, but peak had dropped to 20.77, with off-peak (7 hours) 5.48.
With only 1200 kWh annual EV consumption (thanks to sometimes being able to charge at work), that was circa £1100 pa.
Now EDF GOELectric is 49.7 standing charge, but peak is 33.8 (30% higher than price cap) and off-peak still good at 6.99.
So 30% higher day rate to get 7 hours cheaper night rate. Paying loads more to get a bit less some of the time feels wrong.
Having reviewed some other fixes (non EV / flat rate 23p-25p), with my household and 'medium' EV usage it's finely balanced for going for an EV tariff or not. Annually £1500-£1550 so approx £50 spread, with EDF's being the cheapest for me on current usage patterns - just. The 36% overall increase is massive though.
So I'm thinking to either stick with EDF (as in fairness their free charging offers over the last year have been great), and which also de-risks in case work charging availability drops off - or go with a zero withdraw penalty fix such as 100green (not heard of them) or E.on next drive, and jump later if needed.
Any other suggestions for 'medium' EV use welcomed.
I'd say there 3 providers which tend to offer the best prices. Octopus, Eon and EDF. Every location in the country has different rates and standing charges and the rates are revised constantly so comparing to other people is almost a pointless task.
As you already have an EV you at should know what your yearly consumption is to do some quick math on which provider works out the cheapest overall. An EV tariff works well for us as we are not heavy home users - average 6kWh a day not including EV charging and on track to cover around 20k miles a year so it skews down the average blended monthly rate to 10-12p currently. Currently with Eon which were cheapest at the end of March when I signed up. A month earlier before the Iran stuff it was even cheaper again... If only my R5 had not been delayed a month in the port!
As you already have an EV you at should know what your yearly consumption is to do some quick math on which provider works out the cheapest overall. An EV tariff works well for us as we are not heavy home users - average 6kWh a day not including EV charging and on track to cover around 20k miles a year so it skews down the average blended monthly rate to 10-12p currently. Currently with Eon which were cheapest at the end of March when I signed up. A month earlier before the Iran stuff it was even cheaper again... If only my R5 had not been delayed a month in the port!
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