We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Smart Meters and EV charging

245

Comments

  • _Sam_
    _Sam_ Posts: 313 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 16 December 2023 at 3:04PM
    It may be possible to fit a better aerial to the communications hub attached to your meter that would enable it to talk to your supplier.

    It has been in the news recently that only 90% (IIRC) of smart meters communicate.  I don't think any compensation is proposed.

    I would not recommend getting an EV before your problem is sorted.  
    Even on standard rate running an efficient EV still has a lower cost per mile than an ICE vehicle. 
    I'm actually worried if this still is the case, given how insurance prices have jumped for EV cars compared to ICE cars. From what they say in the news the gap is enormous, if it can be compensated that would only be via low charging cost at home but if this too is taken out of equation the EV might work out more expensive than ICE (even much more expensive? Our insurance renewal is in 2024 and I'm dreading it)
    Gas: warm air central heating, instant water heater, Octopus tracker
    Electricity: 3kw south facing solar array, EV, Octopus intelligent
  • Netexporter
    Netexporter Posts: 2,073 Forumite
    1,000 Posts First Anniversary Name Dropper
    I'm actually worried if this still is the case, given how insurance prices have jumped for EV cars compared to ICE cars

    Except they haven't.

  • JSHarris
    JSHarris Posts: 374 Forumite
    100 Posts Name Dropper
    From what I've seen, insurance costs have risen for all vehicles recently.  Certainly insurance costs more for cars that are more complex and costly to repair, or cars that have a higher than average performance, but that's always been the case.  This plot shows the astonishing increase in the average insurance cost (for all cars), taken from here: https://www.confused.com/car-insurance/price-index


    I renewed my EV insurance in October this year, the premium was way below the average, £427, but then I'm in a low risk age group, have been driving for decades and live in a low risk area.


  • _Sam_
    _Sam_ Posts: 313 Forumite
    Third Anniversary 100 Posts Name Dropper
    I'm actually worried if this still is the case, given how insurance prices have jumped for EV cars compared to ICE cars

    Except they haven't.

    Just horror stories then? I do hope you're right! https://www.theguardian.com/money/2023/sep/30/the-quotes-were-5000-or-more-electric-vehicle-owners-face-soaring-insurance-costs
    Gas: warm air central heating, instant water heater, Octopus tracker
    Electricity: 3kw south facing solar array, EV, Octopus intelligent
  • JSHarris
    JSHarris Posts: 374 Forumite
    100 Posts Name Dropper
    _Sam_ said:
    I'm actually worried if this still is the case, given how insurance prices have jumped for EV cars compared to ICE cars

    Except they haven't.

    Just horror stories then? I do hope you're right! https://www.theguardian.com/money/2023/sep/30/the-quotes-were-5000-or-more-electric-vehicle-owners-face-soaring-insurance-costs

    As posted above, I renewed the insurance on my 400hp EV in October.  £427 fully comp.  A lot of money, but for a car with more performance than any other car I've ever owned I don't think the cost was that high.
  • Netexporter
    Netexporter Posts: 2,073 Forumite
    1,000 Posts First Anniversary Name Dropper
    Just horror stories then? I do hope you're right!
    Even the Graun publish clickbait, shock!

    https://www.youtube.com/watch?v=FVsWMlPlZ2U&pp=ygUQZGF2ZSB0YWtlcyBpdCBvbg%3D%3D

    https://www.youtube.com/watch?v=IPnUf5uigvs&pp=ygUEcnNldg%3D%3D

    As with all insurance, you need to shop around. Loyalty doesn't pay.
  • born_again
    born_again Posts: 20,927 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    dunstonh said:

    I have been struggling for three years to get a series of energy companies to get my smets2 meter to talk to them. Changed meter once and promised now to reset yet again 

    They blame poor reception. Problem is I cannot access off peak charging tariffs for an electric car. Can I claim compensation?  Lots more people will suffer this problem as more get EVs 

    Any ideas!

    Have you considered economy 7?   
    That doesnt need any connectivity with the meter as the meter time dictates when it switches between peak and off peak.

    How is your internet reception in your garage or where your car will be kept?     Charging points need an internet connection.    
    Ohme use mobile signal.

    Most run on WiFi. 
    Life in the slow lane
  • MeteredOut
    MeteredOut Posts: 3,305 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 18 December 2023 at 10:34AM
    _Sam_ said:
    It may be possible to fit a better aerial to the communications hub attached to your meter that would enable it to talk to your supplier.

    It has been in the news recently that only 90% (IIRC) of smart meters communicate.  I don't think any compensation is proposed.

    I would not recommend getting an EV before your problem is sorted.  
    Even on standard rate running an efficient EV still has a lower cost per mile than an ICE vehicle. 
    I'm actually worried if this still is the case, given how insurance prices have jumped for EV cars compared to ICE cars. From what they say in the news the gap is enormous, if it can be compensated that would only be via low charging cost at home but if this too is taken out of equation the EV might work out more expensive than ICE (even much more expensive? Our insurance renewal is in 2024 and I'm dreading it)
    Is that the same "news" that says EVs burst into flames every day? There's quite a simple way to find out how much car (including EV) insurance costs increased, and the click-bait news articles is not it...
  • JSHarris
    JSHarris Posts: 374 Forumite
    100 Posts Name Dropper
    edited 18 December 2023 at 10:39AM
    _Sam_ said:
    It may be possible to fit a better aerial to the communications hub attached to your meter that would enable it to talk to your supplier.

    It has been in the news recently that only 90% (IIRC) of smart meters communicate.  I don't think any compensation is proposed.

    I would not recommend getting an EV before your problem is sorted.  
    Even on standard rate running an efficient EV still has a lower cost per mile than an ICE vehicle. 
    I'm actually worried if this still is the case, given how insurance prices have jumped for EV cars compared to ICE cars. From what they say in the news the gap is enormous, if it can be compensated that would only be via low charging cost at home but if this too is taken out of equation the EV might work out more expensive than ICE (even much more expensive? Our insurance renewal is in 2024 and I'm dreading it)
    Is that the same "news" that says EVs burst into flames every day? There's quite a simple way to find out how much car (including EV) insurance costs increased, and the click-bait news articles is not it...

    If someone really wants to get scared about cars catching fire then it's worth looking at the hard data from the fire service.  Nearly 300 cars catch fire in the UK every day, believe it or not, almost all of them are petrol or diesel powered: https://www.fireservice.co.uk/safety/vehicle-fires/

  • JSHarris said:
    _Sam_ said:
    It may be possible to fit a better aerial to the communications hub attached to your meter that would enable it to talk to your supplier.

    It has been in the news recently that only 90% (IIRC) of smart meters communicate.  I don't think any compensation is proposed.

    I would not recommend getting an EV before your problem is sorted.  
    Even on standard rate running an efficient EV still has a lower cost per mile than an ICE vehicle. 
    I'm actually worried if this still is the case, given how insurance prices have jumped for EV cars compared to ICE cars. From what they say in the news the gap is enormous, if it can be compensated that would only be via low charging cost at home but if this too is taken out of equation the EV might work out more expensive than ICE (even much more expensive? Our insurance renewal is in 2024 and I'm dreading it)
    Is that the same "news" that says EVs burst into flames every day? There's quite a simple way to find out how much car (including EV) insurance costs increased, and the click-bait news articles is not it...

    If someone really wants to get scared about cars catching fire then it's worth looking at the hard data from the fire service.  Nearly 300 cars catch fire in the UK every day, believe it or not, almost all of them are petrol or diesel powered: https://www.fireservice.co.uk/safety/vehicle-fires/

    But as things stand right now, petrol or diesel cars still make up the vast majority of those in use on the UK roads, so that's hardly surprising, is it! Absolutely not saying clickbait and misinformation isn't out there, but countering it with meaningless statements probably isn't the most helpful.
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    Balance as at 31/08/25 = £ 95,450.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.