EV Home Charging Prices | Confusing... But There Are Some Amazing Deals Out There
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- Опубліковано 16 бер 2024
- Making sense of EV home charging prices feels impossible at the best of times but, with some providers putting up prices, it was obviously time to look at what the home charging market is up to. And, for some people, there really are some amazing deals out there. So to find out what's really going on, stick around as Dave Takes It On.
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I’m on Octopus intelligent Go.
Received an email saying that my pence per Kw was dropping from 29 to 27p (👍🏻) however because my standing charge is increasing it’s actually going to cost me more per year. 🤷🏻♂️
just had the same email. prices going down from April !!! it bodly stated... my summary is more expensive. !!!
@@Mora41yes standing charges are rising by a huge amount to pay for non payment and general financial hardships due to the collapsing economy. Fun times
The Octopus powerpack tariff:
In essence, Nissan Leafs and nv200’s only.
You can no longer buy the charger, a Wallbox Quasar V1.
I believe that Wallbox no longer support the charger.
It is basically a Tariff for those who were on the Octopus V2G trial which used the Quasar.
You are required to plug in for 12 hours, twice a week.
You are allowed up to 330kwh per month of free charging.
As far as I am aware, it will power the house from the battery first, and any excess will go to the grid.
So, a very niche tariff.
Typical. The policy of tying the price of electricity to that of gas must go. They work it so that the cost of running a heat pump is pretty much the same as running a gas boiler. There have to be incentives. I am saying this because the annual consumption of a heat pump will usually be the domiannt factor in electricity bills, at least twice that for EV charging and heat pumps cannot easily take advantage of cheap rate electricity.
@@PJWeyremember these standing charges are set by the wholly private business known as the National Grid, up the prices to give their shareholders bigger returns
Thanks Dave, another useful comparison
Thanks!
Thanks for your support, much appreciated, Dave
Cheers Dave
A very good informative video.
Anyone else remember "This Is Your Right" 😅
Great vid, very useful, thank you
Great video explaining all the benefits of having the correct tariff for EV charging and the ease to change. I find my Octopus Intelligent Go tariff and my Tesla Powerwall are amazing and I can get over 90% cheap rate use in the summer months, dropping to 70% in the Winter. Other tariffs such as free weekend energy may work out better/cheaper for opther people.
I miss my off peak all weekend and 10 hours each night, but after 4 years they stopped it by doubling the rates. Not sure how I will get on with octopus but willing to try so I can compare. I will provide follow ups in videos. Thanks for your support Jay
In Australia electricity suppliers are offering special EV plans. These are usually 8c/kWh (4p/kWh) between midnight and 6am and some even offer free charging for a few hours around midday, when Australia's 3 million homes with rooftop solar are feeding back into the grid. As for me, I'm retired and have a large solar system and a Tesla and have driven 6,000 kms, with all the electricity having come from my solar system.
I just switched to octopus agile today. Sometimes you get paid to use electricity, sometimes it's 1p. Although it can be as high as £1, it never is and the average in my area is around 11p
Afternoon mate
Thanks. In order to get an ev tarrif u need a smart meter. Mine stopped working over a year ago. I asked my supplier Eon for a new one and have a date in April. Also for Octopus intelligent you need specific car or charger. Which mine isn't., and I'm not sure when you have to plug in.
If you don't have a compatible charger for intelgent octopus (double check as there are several chargers that are compatible)
So no compatible car or charger you can still switch to Octopus Go. This allows 9p per kWh between 12:30am and 4:30 am
So just set a charging schedule either on the car or on the charger if you charger allows you do to this to charge within these 4 hours at 9p
Hello Dave, really enjoying the channel. New Ioniq 5 owner. Like you, I'm happy to 3 pin charge at home with the ICCB, just suits our needs. But this seems to rule out an EV tariff, they don't quote. Have you found any options? Off peak seems to be disappearing and certainly nothing at 7.5p
Oddly, when we first went on to Octopus Go a few years ago we went from paying 16.9 p/kWh flat rate on their standard tariff to 15.6 p/kWh peak and 5 p/kWh cheap rate - i.e. both less than the standard flat rate. I asked how they could both be lower but got no satisfactory answer.
16:45 Love your comment to "Just suck it up and get on with it." Ha ha ha 🤣🤣🤣
Hi Dave great 👍🏻 informative videos l had my Ohme home charger installed today now just waiting for my Skoda Enyaq 85x plus maybe end of may my British Gas EV tariff is 8.95kw off peak and 29.46kwh peak fixed
Best wishes
Kev Sheffield
sounding good, nice car, attractive rates let me know how it goes
Hi Dave, great video just one point I would like to comment on and that is the statement that many EV drivers quote of the 7.5p cost over night for changing. I am on octopus intelligent and charge my EV6 at 7.5p overnight. However, what many people forget is that the off-peak rate is about 4.5p more than the best unit price (of about 22p post April 1st). I use about the same amount of units off peak as normal taiff (2,500kWh). So as I pay a little more "day traiff" and only 7.5p off peak the true cost of changing my car is about 12p per kWh. Still very cheep, but not 7.5p!
Charge the car at the slowest possible rate. Thank me later!
Hi Iain, yes the percentage split is important, mine is about 85% off peak and only 15% peak, that makes a huge difference but not everyone can get this high, Dave
You are right about home charging. I’ve just run the figures on the back of fag packet (blue liners) Paying 7.5ppKw overnight we charge our car to keep it around 240 miles so we put in around 100 miles max for about 250 evenings a year. The car does about 330 miles max so I’m assuming we are putting in 25 Kw per charge at a cost of £1.875 or £13.13 a week. Our previous car cost £99.30 for 65 litres of fuel and we filled up most weeks so 50 weeks = £4965 per annum plus around £700 for maintenance (Range Rover) and £360 road tax a total of £6025 per annum against a total of £469 for the EV, difference being £5556.00 per annum ‘loss’.
We have Solar and battery storage and could take all our power from the sun and pay nothing or almost nothing but as we receive 15ppKw feed in tariff we do that and buy the overnight at 7.4ppKw in other words every Kw we feed in gives us 2 Kw for free in charge.
Even in Yorkshire today (18th of March) we have a full 5Kw home battery plus running the house and also fed in nearly 2 Kw already.
In summation going electric is allowing us to travel further and spend more of our retirement money on us rather than giving it away to the owners of the National Grid or an Oil Company.
If you are thinking of going electric then give it some thought, can you charge at home can you afford a big range EV so dodge the ‘on-route’ eye-watering charging fee’s ?. Can you afford a home storage battery, solar as well if you can but the battery can be filled up for 7.5ppKw overnight and used during the day. Do your sums, if you do need to charge on the move then you really need a Tesla as their charging is the cheapest and the chargers work whereas most others a hyper expensive and are often bust…this is 10 years driving EV’s experience talking not some sales person trying to flog you a car.
The OVO drive anytime tariff allows you to charge anytime you like at 6.67p per kw
I was on Octopus Go but after my fixed contract ended they put me on flexible saying Go was no longer available. I also haven’t had a bill for 6 months. I emailed them and they have just sent Septembers bill. Thinking of going back to British Gas.
Look around by all means but what ever you don't go to British gas possibly the worst supplier I've had the joy of being with
Octopus go is still available. Plus I switched to it 3 weeks ago while waiting for my smart charger to be fitted allowing me to switch to intelegent.
The big catch is the daily standard charge added to the gas & electricity bills. It’s not like this goes to the government as the grid is privately owned so straight to the shareholders
Very interesting and well produced video. Out of interest my e-niro (2020 plate) averages 4mile/kwh over a year. I charge at home, with just one or two public charges a year. Over the 3 years of use the average running cost is 2.8p/mile. Also servicing cost (free for first 3 years) is now £150 including MOT using my Kia dealer. Plus Kia has a great 7 year warranty on everything.
Sounds a good deal, John, overall cost is more important than actual running costs but 2.8p is amazing, Dave
The only issue I can see with V2G (other than the cost of the charger), is the degradation on your car battery. Low mileage users probably not such a issue, but as a high mileage driver of EVs (40,000mpa) I do concern. Myself over degradation of the cells. With the constant charge/discharge cycles. Newer LFP cells only seem to count full cycles, but what about the older vehicles using NMC?
Have used V2G for 32 months. Started with 11 bars on my Leaf. Still got 11 bars.
V2G uses barley nothing it’s V2G that is different but you have an 8 year warranty on the battery and most people don’t keep their cars that long
Dave all good except, OVO anytime is not a time of day tariff, as they say the clue is in the name. You get the EV charge rate anytime of day as long as you launch a "smart charge". You do not of course get off-peak prices electricity for your household usage. As you say pick one which fits your individual needs and periodically check if you could be doing better elsewhere.
Eon didn't (as far as I know) tell me that the off-peak rate had gone from 9.5p down to 8p/Unit - until I asked!
Not sure why they didn't notify me that I could have the lower charge unless I asked for it.
15:51 where?
In Ontario Canada i'am on the ultra low rate program for home charging, only use super charges
blessed with cheap hydro
Im on octopus intelligent go. My average is 11p kwh with av mileage of 11k miles. Hot tub heating, tumble drier, dishwasher on overnight. Also get extra off peak hours quite often when charging car so sometimes get teatime cooking at off peak rates.
But not for a heat pump that needs to be on all day in winter and which will be the lion's share of your electricity bill.
@@rogerphelps9939 ?? Havent got a heat pump.
As a multi generation all electric household we use very large amounts of electricity. Until recently we were on an Economy 7 tarriff which was 31p daytime and 21p over night. Just recently the supplier, Ecotricity, informed us of their new tarriff. One Year Fixed EV. Daytime is 30.9p Night is 7.9p SC at .50ppd. Incl VAT. Night time is 2400-0500 GMT.
The three EVs, two washing machines and two dishwashers all have timers and fit below the main fuse capacity even with the ASHP working.
I could at times do with another hour for my car, but the averages work well for me.
Your ASHP has to work on peak rate all day in winter. I have solar panels two EVs and a GSHP and use Ecotricity. For around 2000kwh annual EV charging the figures don't add up and I am better off sticking with the standard rate. Are you sure you are going to be better off?
@@rogerphelps9939 My house is so well insulated that when a relay went in the heating several years ago, during a frosty February, it was four days before anyone in the house noticed that the heating was not working. The new build is old style block and brick with 200mm insulated cavities, insulated underfloor and SIPS roof. Both floors incorporate underfloor heating. Basically a large heat storage build. Only needing 3 kwh of heating overall in winter temps. I have solar thermal units that divert through the u/f heating as required on sunny frosty days. The ASHP is currently timed for night time mainly with a short top up during the evening if required..
So far , since the changeover, my running bill is half of what is was previously.
The current project is to set the controls for the large battery packs I have to charge overnight, and run the house during the day. Plus making better use of the PV panels.
Last year my EV charging alone was over 8200Kwh for the 3 cars.
Sometimes tariff changes work in our favour often not. EDF changed mine and I immediately switched. No loyalty
I can’t get a better tariff, as there is now WAN in my area so can’t get a smart meter!
EON offer 9.5p from 00:00 to 07:00 then 31.6 peak rate.
That’s what I use for our Ev ✅👍
Where are you seeing 50p per kWh? Super chargers in the south are 81p per kwh
You mean like Heathrow, open to all EVs; super peak 65p, off-peak 50p and super off-peak 36p today 22nd March 2024.
Everyones use case is different, but the maths is not that difficult.
In my case with EV,solar and house battery, I use almost no peak rate and when necessary I charge the home battery at off peak rate, so the peak rate is irrelevant, so just choose the lowest off peak, and the longest off peak period.
I average about 9p/Kwh and use about 4 Mwh/annum.
my lowest rate in California (SCE) is 35 cents, peak is 75 cents +
Yep Vehicle to load. plug in your car and the next day you have no battery power as they have used it up. Not something I find good even if it's free
Not how this works .
Does hot happen
EVs seemed to be more efficient today with an outside temperature of 15 degrees centigrade
But even a E7 needs a special meter. To get a E7 meter, my electricity supplier wanted to charge over £900 to install a new meter!
Hi Dave, let’s say we were able to opt for V2G and used it. How would that affect the life of your battery? More over, would the Battery Warranty be invalidated?
Interesting questions. Plugged in it will cover no miles but will be charged and discharge regularly. I suspect it invalidates the warranty totally. Mine says, “subject to the battery being in a condition appropriate to the vehicle age and mileage…. At the sole discretion of Tesla”.
@@davetakesiton Hi Dave, thanks for taking time to comment 👍
If you have a V2G car how will using it to balance the grid impact battery life? Free charging is all well and good but if it dramatically reduces battery life then it may be a false economy. However what you can do is fit a battery (and inverter) in your garage to store the £0.075 electricity at night and feed it back into your home during the day. You save by cheap car charging and can run noisy appliances during the day using night electricity rates. There are many ways to reduce costs considerably.
Been using V2H since July 2021. Started with 11 bars, and still got 11 bars.
Charging and discharging is done with A/C at around 7kW so really kind on the battery not an issue
Yes I’m looking into many options and will try them for real. If I knew more I could pick up an eBay battery pack and rig up a do it myself set up
We live on a Park Home site , our electricity is sold to us via electric cards from the Park owner, therefore we cannot get any other deals, as the power companies won't let us independently change as the Park owners won't release there power to control services to the site ,I have just purchased an electric car and want to get cheap overnight tariff, can you make any enquires or suggestions , at least bring this to the wider public attention , you can visit us in middlewich anytime if you it is of interest as there are thousands of Park Homes in this situation.
P.s our Kw an Hour is charged @ 61p buisness rate , but we are consumers / end users , this is totally unfair, this not just for me this is for thousands of people trapped in this unreasonable and unfair practices by these unscrupulous Park owners ,hope you can help even a little bit, thanks.
Surely Park homes are your supplier and therefore subject to the same capped rates to domestic properties as Eon etc? It may pay to discuss this with Citizens Advice first then Trading Standards?
I have heard of Holiday parks charging similar exorbitant rates, but the owners just accepting the gouging they are receiving.
Reply to binitbob these are not holiday homes these are permanent residential properties, the house is owned by us ut we pay a plot fee.
I don’t know enough to state for definite but is there a legal maximum or is there an option to challenge the rate? Good luck
As I understand it, it is regulated they can only charge you a few pence more than they are paying, you are however subject to their poor decision making when it comes to selecting electricity contracts. The park home company is unlikely to want to spend money upgrading supplies to allow EV charging.
A good summary Dave
If you have solar panels and a heat pump, off peak EV charging is pointless. The problem is that the heat pump has to be on all day (from 6am to 11pm say). You can really forget about trying to charge a battery using the cheap EV overnight rate because you would need several Tesla powerwalls or whatever to get the capacity. What you gain from cheap EV overnight charging will be far exceed what you lose by having to pay the ripoff standard rate to run the heat pump.
I find that I Powerwall does well for us, with Solar PV, ASHP, and EV charging. Overall 7300 kWh off peak 1400 peak kWh, average cost 12p/ kWh last year on Intelligent Octopus GO. From mid Soring to mid Autumn hardly any peak kWh used.
Yep same for me ...
Many people can cover most of the year with a little planning, yeah it won't work out when its -7C, but don't focus too much on the exception and miss out on the benefits of the majority of the time.
V2G : Free EV charging, but the charger is £5k😂
You will be paying for the next x years miles up front, its the same as solar, pay £10K+ for solar and batteries now and pay less for your electric for the next 20 year = paying for your electricity up-front. Solar and V2G make no sense for me as who knows where I'll be in 20 years.
And the limited cycles or battery life is used by the grid, not you. So save for a replacement battery. Unsure EV battery warranty allow v2g...
£750. With the grant..
Where did you get that figure,there currently aren't any new chargers available
@@ziggarillo didn't notice the v2g, I was quoting a normal domestic charger.
I'd argue the price reduction of LFP batteries going to make V2G pointless.
different purposes. Cheaper batteries means cheaper cars. Great. V2G is to earn an income and have back-up in a power cut. Great. Different
I'm not that optimistic about V2G as I think most people won't understand the concept and certainly at the moment entry cost and complexity will put people off. It seems like a good idea but a simple home storage battery can deliver the same benefits with less complexity.
Yes Terry but isn’t it a shame to have a 80kWh battery sat there doing nothing? I’m thinking the ideal combination is a small home battery for when the car is not there but use the car for the bulk of the work
@@davetakesiton I guess time will tell it's not big at the moment and I can't see the practicality of it here in the UK. Most domestic installations are going to be limited 3.6k peak export unless they apply for a G99. Battery prices are coming down all the time I paid £6k for my system when it had VAT on two years ago. I can use it in various ways e.g. Agile, Flux or combine as I do most of the time IO Go. I did wonder if they would work for heat pump set ups but jus to complex.
Most so-called ev are smart tariffs also requiring in most instances a specific charger or car compatibility.
Sometimes it's better long term to be on the simpler setup.
I dont believe thats true. Octopus and edf for example just want you to prove you have an EV. Its only a few more complex tariffs that need that, octopus intelligent for example but ilm not aware of another tariff that requires a specific car or charger (other than the extremely niche v2g which applies to almost no one). The mainstream EV offerings from , BG, edf and octopus don't specify which car or charger.
Agreed. Low public usage does not cause me an issue HOWEVER it does not mean we can’t be savvy. OVO offer 10% off at IONITY & FASTNED & OSPREY for £2 subscription per month so average rate is 71p /kwhr. Thats a bargain 👍😊. Even better Electroverse offer OSPREY at 20% off in the evening for no subs. For us non Tesla drivers it pays to plan just a tad eh. PS. Home is Eon next at 9.5p /kwhr midnight-7am and 31p at all other times. So car and dishwasher charged at night. Easy eh😂
Great to hear the car can do the dishes
Working out if the off peak / peak system is better for you or not pretty easy, if you have a smart meter and a half decent home charger
1. Work out how much electricity you use a day over a 14 day period - your smart meter will give you this info.
2. Take off the amount of electricity you put into your car - your home charger will give you this info.
then use those numbers to work out if going down the peak / off peak is better.
I challenge your assumption of 4m/Kwh. I drive an MG4 and over the cooler temperatures of the winter months I was lucky to achieve 3.5m/Kwh. This does not change your overall conclusions but significantly alters your calculation.
What do you get in summer? What's the average?
Up to 4.1 if I drive carefully. Over the year probably average 3.6 or 3.7
@@thomasjohnbirks132 I would have thought it might have been a bit higher. I do about 4.2 summer, 3.6 winter with a Model Y. I guess suppose Dave is using 4 for simple sums as that's what I do in my head and then just fudge it down. :)
My car does 3m/kWh but if I bought a new one it would be nearer 4. If you get less just adjust the calculation, just like if a petrol car does not get exactly 40mpg adjust