New EV tariff allows motorists to drive for just a penny a mile for the first time since 1972.
EDF’s GoElectric 35 EV tariff offers Britain’s lowest off-peak rate for overnight charging – 4.5p / kwh – equivalent to 1.3p/mile for a typical EV – allowing motorists to cut fuel costs to levels not seen in nearly 50 years.
EDF say their research shows that up to £808.03 per year in fuel can be saved, but despite this, over a third (38%) of motorists are still not aware that it’s cheaper to fully charge an EV than to fill a petrol/diesel car with a full tank of fuel.
EDF research has also shown that two-thirds (66%) of those who learnt it is cheaper to charge an EV than to fill-up a petrol/diesel car, stated they would be more likely to consider making the switch.
Despite the lack of understanding of the cost savings offered by EVs, motorists are increasingly attracted by their environmental benefit.
Over half (56%) have made, or are considering making, the switch to an EV as they believe they are more environmentally friendly and 35% believe that an EV will make them feel that they are ‘doing their bit’ towards hitting the government’s target of Net Zero carbon emissions.
Philippe Commaret, Managing Director for Customers at EDF, said: “Our GoElectric 35 tariff offers the cheapest off-peak rate in Britain, providing drivers with the cheapest travel costs seen in decades at just a penny a mile.
“Combined with the dramatic environmental benefits that could be achieved if we were all to switch to an electric vehicle over the next ten years, there has never been a better time to consider going electric.”