EV Drivers Can Charge Up and Save Money

ev car charging using OHME Charger

Starting from 1st October 2023, electric vehicle (EV) drivers in the UK will enjoy reduced home electricity price tariffs, leading to more cost-effective charging, according to Ohme, the country’s fastest-growing dynamic smart charging company.

Ohme also highlights that EV owners can potentially maximize their savings by switching to a smart EV tariff and leveraging Ohme’s unique software technology. Notably, Ohme is the only charger provider compatible with both Octopus Intelligent and OVO Charge Anytime. As of 1st October, the Standard Variable Tariff for domestic electricity will be reduced to 28p/kWh, marking the lowest level in a year. This reduction ensures that EV drivers can now save more money when charging their vehicles. However, by transitioning to a smart EV tariff, such as those offered by Octopus or OVO, EV owners can significantly reduce their charging costs.

“During the cost of living crisis, EV drivers will no doubt welcome this drop in the standard domestic electricity tariff,” said Ohme CEO David Watson. “But Ohme’s unique charger technology combined with a smart EV tariff means that they can make bigger savings and have greater control over their charging – software that no other EV charging company has.”

Considering the average UK driver covers 6,800 miles annually, charging on a smart EV tariff with Octopus Intelligent at 7.5p/kWh would cost just £127.50 for a year’s worth of driving. In contrast, at the new Standard Variable Tariff rate of 28p/kWh, that same annual mileage would cost £476. For comparison, covering the same mileage in an equivalent petrol car would cost a driver over £1,110*

Ohme’s smart chargers have the capability to connect with the national grid in real-time and automatically adjust their charging schedules to take full advantage of low-price charging periods associated with smart EV tariffs. Ohme also provides drivers with the option to charge their vehicles when renewable energy generation on the National Grid is at its peak, further reducing their carbon footprint.

It’s worth noting that Ohme is the official charger provider for Mercedes-Benz in the UK, as well as the Volkswagen Group in the UK and Ireland. Additionally, it serves customers on the Motability scheme, the largest fleet operator in the UK. The company has received recognition as the Best Electric Charging Point Provider by Business Motoring and was recently awarded Fast Track Company of the Year in the 2023 Green Business Awards.

* Calculations based on petrol priced at £1.49 per litre and an average fuel economy of 40mpg.

Start Rescue claims to help EV drivers make further savings

ev fuel / charging price comparison
Comparison, fuel vs standard and EV tariffs, source: startrescue.co.uk

Simple switches to breakdown cover and home charging can net EV drivers huge savings each year, says leading national breakdown provider Start Rescue.

“Switching to our bespoke EV breakdown cover can save electric car drivers up to 85%,” says Lee Puffett, Managing Director of Start Rescue. “Add in savings with a home charger like the ones provided by Ohme, and those savings add up to more than £1000 per year.”

In the latest What Car? Survey of Best Breakdown Cover, Start Rescue wins for best response time, reaching 77% of call-outs in 30 minutes to an hour and didn’t leave anyone waiting for more than two hours. Start Rescue is also best in the survey for performing temporary repairs that let people carry on with their journeys.

Lee Puffett added: “Start Rescue’s great value EV breakdown cover gets you back on the road quickly, whether you need help to the nearest charging point, a roadside repair, or taken to the most suitable garage to care for your EV. With unlimited callouts, free app, and phone support within seconds of calling, we’re always here to help.”

All  Start Rescue competitor prices have been based on their most popular 3 star level of cover for a vehicle aged up to 5 years old. Cover includes roadside assistance, nationwide recovery, home assistance, alternative transport, overnight accommodation and key assist. Last updated 07/12/2023. (source: https://www.startrescue.co.uk/breakdown-cover/electric-vehicles visited 09/1/24)