Thursday, November 21, 2024
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EDF launches cheapest EV tariff

EDF has launched what it claims is the cheapest EV tariff on the market for drivers with any EV or charger.

The move means customers could save up to £200 a year while never paying more than the Ofgem price cap.

EDF’s EVolve Sep25 electricity tariff, priced at £1,067, gives customers five hours of off-peak electricity overnight for both their home and car.

The variable tariff offers the same electricity day rate as standard variable, and an off-peak rate priced 10p lower than the Standard Variable Direct Debit price cap rate between 12-5am daily. 

The EVolve tariff is available to motorists with any make or model of electric vehicle or charger, and for an average motorist driving 7,000 miles a year, it will cost £247 a year to charge with the EVolve tariff, compared to £1,292 for petrol.

Offering a total of 35 hours of off-peak energy per week, the 100% zero carbon tracker tariff is also available for dual-fuel customers, who would pay £1,812 when combined with the Standard Variable gas price cap rate.

Rich Hughes, Director of Retail at EDF, said:

“As Britain’s biggest generator of zero carbon electricity, we want to make it as easy as possible for customers to drive electric and help cut Britain’s carbon emissions with us. 

“By charging up with our new tariff, drivers can reduce their CO2 emissions from their vehicle to zero, as well as saving £200 a year on their bills, whatever the make or model of their EV.” 

“Some EV tariffs negatively impact customers based on their daytime home usage and they can end up worse off. EVolve is a penalty-free EV tariff that benefits customers who charge off-peak, with the peace of mind of no premium peak prices during the day.”

Image from Shutterstock

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