EV Tariffs 2024
Compare Energy Tariffs for Electric Car Owners
Best EV Tariffs 2024
*EV tariffs vary by slightly location and change rapidly. We take a sample price at time of publishing but get a quote with each provider your price.
There are a number of factors when comparing EV tariffs which depends on your lifestyle. But consistently our top 2 EV tariffs are the Intelligent Octopus GO and OVO Charge Anytime. And now E.ONs Next Drive EV Fixed tariff is giving them a run for thier money with great off peak rates and long off peak hours. Find all the details you need below as well as the other best EV tariffs on the market right now.
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wdt_ID | 1 | 2 | Tariff Type | Tariff | Standing Charge | Peak Rate | Off Peak Hours | Off Peak Rate | find_out_more | priority | ||
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1 | None | None | Octopus Energy | Intelligent Octopus Go | 62.22p / day | 26.02p / kWh | 23:30pm - 05:30am | 7p / kWh | https://share.octopus.energy/iron-ash-48 | 1 | ||
2 | None | None | E.on | E.on Next Drive EV Fixed | 58.68p / day | 29.86p / kWh | 12am-7am | 6.7p / kWh | https://www.awin1.com/cread.php?awinmid=54765&awinaffid=1481026&clickref=BCT&ued=https%3A%2F%2Fwww.eonnext.com%2Ftariffs%2Fnext-drive | 2 | ||
3 | None | None | OVO Energy | OVO Charge Anytime | 63.28p / day | 7p / kWh | Anytime | 7p / kWh | https://www.ovoenergy.com/electric-cars/charge-anytime | 3 | ||
4 | None | None | British Gas | British Gas EV Tariff | 31.36p / day | 27.08p / kWh | 12am-5am | 7.9p / kWh | https://www.awin1.com/cread.php?awinmid=63010&awinaffid=1481026&clickref=BCT&ued=https%3A%2F%2Fwww.britishgas.co.uk%2Fenergy%2Fev-tariff-home.html | 4 | ||
5 | None | None | Good Energy | Smart EV Tariff | 60.66p / day | 29.24p / kWh | 12am - 5am | 6.75p / kWh | https://www.goodenergy.co.uk/blog/fixed-ev-tariff/ | 5 | ||
6 | None | None | Octopus Energy | Octopus Go | 62.22p / day | 26.02p / kWh | 12:30am - 5.30am | 8.5p / kWh | https://share.octopus.energy/iron-ash-48 | 6 | ||
7 | None | None | EDF | EDF GoElectric Overnight | 63.72p / day | 25.69p / kWh | 1am - 5am | 8.99p / kWh | https://www.edfenergy.com/electric-cars/tariffs | 7 | ||
8 | None | None | Ecotricity | Green EV Tariff | 44p - 62.20p / day | 30.86p / kWh | 12am-5am | 7.95p/ kWh | https://join.ecotricity.co.uk/ | 8 | ||
9 | None | None | EDF | EDF EVolve | 63.33p / day | 22.50p / kWh | 1am - 5am | 12.50p / kWh | https://www.edfenergy.com/electric-cars/tariffs | 9 | ||
10 | None | None | SO Energy | SO Energy So Juniper | 29.95p / day | 37.96p / kWh | 12:30am - 7:30am | 32.39p/ kWh | https://www.so.energy/get-a-quote/ | 10 |
Best Off Peak EV Tariffs 2024
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Longest Off Peak Hours EV Tariffs 2024
If your charging time is varied and you can’t guarantee being able to charge at home during a limited time slot, then these might be the tariffs to look at. With the longest off peak hours you get a bit more flexibility in your charging.
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Octopus Energy EV Tariffs 2024
Octopus energy are one of the most popular providers for EV tariffs and energy in general.
Octopus Energy offers several tailored energy tariffs for electric vehicle (EV) owners. Octopus Go provides five hours of low-cost, green energy every night, suitable for any EV and home charger. This option is designed for efficient overnight charging.
Intelligent Octopus Go goes a step further by integrating smart charging. Customers allow Octopus Energy to manage their car charging, benefiting from reduced rates. This tariff provides six hours of cheap, renewable energy nightly.
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All EV Tariffs 2024
All the EV Tariffs on the market for you to compare.
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EV Tariffs - HOW TO FIND THE BEST DEALS IN 2024
Amid frequent changes in tariff offers and the ongoing energy crisis, some suppliers stand out with attractive plans suitable for EV users. Among these are two-rate tariffs, offering discounted rates during off-peak hours for easier and more cost-effective home charging. It’s important for EV owners to explore offers from various energy suppliers, including those with specific benefits for EV owners like the ‘British Gas Electric Driver’ tariff, which can offer significant cost savings and special off-peak rates.
As the popularity of electric vehicles surges, it’s crucial for EV owners to stay informed on the latest tariffs, ultimately helping them save on energy costs while benefiting the environment. Keeping up-to-date with the best EV tariffs of 2024 empowers electric vehicle owners to make informed decisions on the most suitable plans for their needs and lifestyle.
WHAT IS AN EV TARIFF?
The thought of the power bill after a month of charging an electric vehicle everyday may be enough to put potential EV buyers off the idea.
Having a tariff in place would mean that power used in off-peak times (overnight) costs less than power used during the day.
Essentially, what this means for EV owners using the tariff is that their power bill is going to be a lot cheaper if they charge their vehicles overnight than if they charge them during the day in “peak” power-usage periods!
TYPES OF EV TARIFF
Single-Rate Tariff
This tariff would only apply if you owned an electric vehicle, but you could use the savings earned through this discounted power for anything else in your household.
Two-Rate Tariffs
The two rates apply to daytime hours and overnight hours, with overnight or ‘off-peak’ rates being cheaper than daytime hours.
The main benefit of this tariff is that while the cheaper off-peak price is a two rate tariff designed for EV charging, you don’t have to use it just for that.
For instance, if you stayed up later at night you could use this cheaper rate for the dishwasher, washing machine or other household power expenses, and utilise the tariff so that you save money on all appliance usage- not just your electric vehicle charging.
Flexible Time-Of-Use Tariffs
A flexible tariff works by charging based on the energy demand for that particular time, which will lead to irregular (or flexible) rates for you.
Instances in which energy may be extremely cheap (or even free) for you on this tariff could be when there is a plethora of wind energy generated by a local storm, or through other sources of renewable energy such as solar.
Type-Of-Use Tariff
These pieces of technology will separate your regular household energy outgoings from your electric vehicle energy usage.
Each month, the price of energy used to charge your car or EV will be discounted and then paid back to you in account credit. Whether making use of off-peak charging or not, this tariff saves its users dollars.
Vehicle-To-Grid Tariff
With this tariff, you can potentially make money off your EV just by charging it up!
HOW MUCH CAN YOU SAVE WITH AN EV TARIFF?
Energy companies may offer a full flat rate, savings rate, a percentage, or time-specific deals. In some cases, such as when a negative tariff is in place, owners might actually get paid to charge their vehicles!
Therefore, there is no one answer. Everyone who utilises an EV tariff will save money; however, depending on the tariff, the amount saved will vary. With the costs of energy spiralling, we would estimate the average user can save between £500-1000 per year simply by being on the best tariff to meet their needs and lifestyle.
Once you know the energy price cap, per kilowatt, make the following calculation:
Car Battery Size x Electricity cost kWH
While prices will change depending on where you live, your energy provider and other factors, you can figure out just how much electricity you and get the values needed for this calculation by following these steps:
First, you need to figure out what size your car battery is. Your car’s manual, handbook, or service history should have this information or you can find your car from our electric cars list here.
Next, find out how much your electricity costs per kWh (kilowatt per hour) at your chosen charging station, whether public or at home.
HOW TO PICK THE RIGHT EV TARIFF
Consider the properties of each tariff carefully. Do your needs or situation enable you to fully take advantage of a tariff’s available benefits? Read carefully before you decide on which EV tariff is right for you.
Peak Prices Vs Off-Peak Hour Prices
Looking at the off-peak charging discount percentage of each provider will help you choose the cheapest one for you. This, however, can be about more than just the cheapest off-peak rate, your lifestyle and changing habits can make a big difference in utilising off-peak rates.
If you are almost always at home during off-peak hours (usually during the night) then it can be fairly easy to take advantage of the cheaper off-peak rates.
However, if you work unusual hours or are likely to need to charge your electric vehicle during peak hours then considering a tariff with a lower peak rate and more restrictive off-peak hours/pricing may be the way to go.
Another factor to look at is the length of off-peak hours on your tariff. Some energy providers provide a lower off-peak rate but for fewer hours of the day. Making sure you can charge, and charge enough, during these hours can save significant amounts of money.
Charger Integration
This will be something to consider if you are looking at getting an electric vehicle and using an electric tariff.
Compare the rates of buy-back schemes from energy companies, and see what works for you and what doesn’t to help choose the right one for your household.
It’s worth noting that not all cars or chargers are capable of this feature at the moment.
Solar Charging
Out of all the EV tariffs on the market, be sure to pick one that will give you a good rate on your solar power or other forms of renewable energy if you currently have it (or are thinking of installing it in the future).
Top EV Tariffs in 2024
Octopus Energy
Octopus Energy are one of the most popular names in energy at the moment, particularly with EV charging or solar charging. Find the best solar EV chargers from our list here.
EDF Energy – GoElectric
OVO Charge Anytime
Good Energy SmartPower
British Gas
By comparing the various electric vehicle tariffs available in 2023, electric car owners can find the best energy plan that suits their charging requirements and lifestyle, maximising their overall savings on their EV charging costs.
Maximising Savings with Off-Peak Charging
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Adjusting Driving Patterns
- Charging your EV during off-peak hours to take advantage of lower electricity rates.
- Planning long journeys ahead to ensure adequate charging time during off-peak periods.
- Optimising your EV’s charging settings to automatically charge during off-peak times.
By adapting your driving patterns to align with off-peak hours and tariffs, you can significantly increase your savings on electricity costs and make your EV ownership even more cost-effective.
Customer Service and Support
Provider Reputations
Octopus Energy tend to score best in reviews followed closely by Good Energy.
Company
Trustpilot Score
Octopus Energy
4.7
Good Energy
4.5
OVO Energy
4.2
E.ON
3.8
EDF
3.4
British Gas
2.4
Company | Trustpilot Score |
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Octopus Energy | 4.7 |
Good Energy | 4.5 |
OVO Energy | 4.2 |
E.ON | 3.8 |
EDF | 3.4 |
British Gas | 2.4 |
Customer Reviews
When evaluating customer reviews, consider the following key aspects:
- Billing accuracy and ease of understanding
- Quality and accessibility of customer support
- Overall satisfaction with the tariff and provider
Remember that no provider will have perfect reviews, but pay attention to trends and recurring complaints to identify potential issues or areas to investigate further when considering an EV energy tariff.