Energy firm British Gas has created a calculator enabling electric vehicle (EV) drivers to see how much money can be saved through using EV specific tariffs.
The tool compares the estimated charging costs against standard tariffs and also the cost of public chargers, and calculating the user’s reduction in annual direct driving emissions versus a combustion vehicle.
It claims that by using its own EV tariff, drivers could save on average £332 annually and £7.08 per charge, with the numbers increasing to £20.52 per charge and £961 annually against public charging costs.
To estimate savings per charge, British Gas calculated the kWh needed to charge an EV battery from 20% to 80% using its EV tariff rate to determine the cost.
It highlighted how switching from a petrol vehicle to an EV could enable drivers to reduce their annual CO2 emissions by around 2,287kg, which is 942 litres of petrol.
Paul Lodwidge, Head of Energy Product & Propositions at British Gas, said:
“Switching to an EV tariff is one of the most efficient things you can do to lower running costs as an EV owner.
“With the growing number of electric vehicles on the roads, keeping on top of the best charging tariff will help EV owners save and improve their carbon footprint.
“Make sure to look into tariffs that have the option of on-peak and off-peak hours, so that you can use low times to make the most of your energy. If you’re choosing to charge your car at night (which will help your bills in the long run) you’ll see a significant improvement in the affordability of your driving.”
“It’s worth noting that EV tariffs might not offer the best value for everyone – for example if you don’t charge much at home, need to regularly charge your car during peak hours or you have other particularly power-hungry devices at home that you use in the day.”
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