New EV tariffs following April '24 Price Cap change?

speedyuk

Hi, Have any new EV tariffs been announced / introduced following the April '24 Price Cap change?

I'm with BG currently on price cap variable. I've just got a small EV. I only envisage quite low mileage. I was going to switch to EV tariff (in fact I did and the switched back in cooling off period) but through better to hold off till April to see if there were any new lower cost (mainly the peak period) tariffs introduced.

Have I missed anything or has there been no changes / new tariffs introduced?

With only a low EV charge requirement I'm currently thinking of sticking with price cap tariff so as not to be penalised for peak period energy usage. It also means can charge anytime. But if a new tariff appears that doesn't have such a high peak penalty I'd consider it.

Interested to hear peoples thoughts.

Thanks

Netexporter

If your charging needs are fairly sporadic then I find Octopus Agile is great for EV charging, as well as running the rest of the house. I often get paid to fill the car up, when wholesale prices go negative. I never pay more than 2p/mile (9p/kWh) to fill mine up. However, I'm retired, so can take advantage of both daytime (afternoon usually) prices and cheap overnight periods, when it is windy and/or sunny.

silvercar

One question is whether your EV, or your charger if you have one, are compatible with some of these tariffs.

We are a 2 EV household and have the OVO charge anytime tariff. My Nissan Leaf isn't suitable for benefiting from the charge anytime component. We charge the higher mileage Tesla off the charge anytime and I am stuck paying full rate for the Leaf. The upside is that we don't pay any extra for daytime/ general use electric. We switch mileage to the Tesla whenever possible as a result of this. The Leaf now does only 2,000 miles a year.

Reed_Richards

silvercar said:

 the OVO charge anytime tariff. ....The upside is that we don't pay any extra for daytime/ general use electric. 

But the downside is that you don't get cheap electricity at night that you can use for other purposes?

born_again

silvercar said:

One question is whether your EV, or your charger if you have one, are compatible with some of these tariffs.

We are a 2 EV household and have the OVO charge anytime tariff. My Nissan Leaf isn't suitable for benefiting from the charge anytime component. We charge the higher mileage Tesla off the charge anytime and I am stuck paying full rate for the Leaf. The upside is that we don't pay any extra for daytime/ general use electric. We switch mileage to the Tesla whenever possible as a result of this. The Leaf now does only 2,000 miles a year.

If you had a compatible wall box, then using IO you would.

Same with OVO if you have a Ohme or Indra wall box. You use them as the link, rather than the car.

We have 2 EV's & have no issues with IO, as Ohme does the work, not the cars.

bristolleedsfan

Eon Next are now offering their new Drive v3 tariff even if you don’t have an EV (battery required). Strong competition for Octopus at 6.9p for seven hours. Copied text below:

“Next Drive Fixed V3

With Next Drive Fixed V3 you will benefit from cheaper overnight electricity rates to charge your Electric Vehicle. This tariff is fixed for 12 months which means you are protected from any price changes for a year. There is no exit fee with this tariff. To be eligible you must own or lease an Electric Vehicle or have a solar storage system and must pay by direct debit.
”

Price is 6.9p per kWh for seven hours starting at midnight to charge EV or house battery as well as supply to the house. Price is fixed for 12 months, no exit fee and £50 new customer referral bonus if know someone who is with them, otherwise easily found Google or X/Twitter search

Gas fixed kWh also cheaper than Octopus 12 month loyal fix.

Alnat1

bristolleedsfan said:

Eon Next are now offering their new Drive v3 tariff even if you don’t have an EV (battery required). Strong competition for Octopus at 6.9p for seven hours. Copied text below:

“Next Drive Fixed V3

With Next Drive Fixed V3 you will benefit from cheaper overnight electricity rates to charge your Electric Vehicle. This tariff is fixed for 12 months which means you are protected from any price changes for a year. There is no exit fee with this tariff. To be eligible you must own or lease an Electric Vehicle or have a solar storage system and must pay by direct debit.
”

Price is 6.9p per kWh for seven hours starting at midnight to charge EV or house battery as well as supply to the house. Price is fixed for 12 months, no exit fee and £50 new customer referral bonus if know someone who is with them, otherwise easily found Google or X/Twitter search

Gas fixed kWh also cheaper than Octopus 12 month loyal fix.

What's the peak price per kWh?

bristolleedsfan

Alnat1 said:

bristolleedsfan said:

Eon Next are now offering their new Drive v3 tariff even if you don’t have an EV (battery required). Strong competition for Octopus at 6.9p for seven hours. Copied text below:

“Next Drive Fixed V3

With Next Drive Fixed V3 you will benefit from cheaper overnight electricity rates to charge your Electric Vehicle. This tariff is fixed for 12 months which means you are protected from any price changes for a year. There is no exit fee with this tariff. To be eligible you must own or lease an Electric Vehicle or have a solar storage system and must pay by direct debit.
”

Price is 6.9p per kWh for seven hours starting at midnight to charge EV or house battery as well as supply to the house. Price is fixed for 12 months, no exit fee and £50 new customer referral bonus if know someone who is with them, otherwise easily found Google or X/Twitter search

Gas fixed kWh also cheaper than Octopus 12 month loyal fix.

What's the peak price per kWh?

Peak price per kWh varies from region to region.  

LoopySnooker

bristolleedsfan said:

Eon Next are now offering their new Drive v3 tariff even if you don’t have an EV (battery required). Strong competition for Octopus at 6.9p for seven hours. Copied text below:

“Next Drive Fixed V3

With Next Drive Fixed V3 you will benefit from cheaper overnight electricity rates to charge your Electric Vehicle. This tariff is fixed for 12 months which means you are protected from any price changes for a year. There is no exit fee with this tariff. To be eligible you must own or lease an Electric Vehicle or have a solar storage system and must pay by direct debit.
”

Price is 6.9p per kWh for seven hours starting at midnight to charge EV or house battery as well as supply to the house. Price is fixed for 12 months, no exit fee and £50 new customer referral bonus if know someone who is with them, otherwise easily found Google or X/Twitter search

Gas fixed kWh also cheaper than Octopus 12 month loyal fix.

Many thanks for this, will save us around £90 switching from Next Drive V2 to V3. Much appreciated.

kingstreet

We have an Ohme Home Pro and Octopus Intelligent Go and although the guaranteed cheap period is 11.30 to 5.30 you do get other cheap periods when there is grid capacity. I look at the Agile prices to see when they are likely to be. As an example, we got at least ten days in March on the cheap rate between 2.30pm and 4pm and often Ohme/Octopus spreads a EV charge over a longer period than the guarantee and still only charges 7.5p kWh and that's useful for a 100% charge of a 74 kW battery

peter3hg

Alnat1 said:

bristolleedsfan said:

Eon Next are now offering their new Drive v3 tariff even if you don’t have an EV (battery required). Strong competition for Octopus at 6.9p for seven hours. Copied text below:

“Next Drive Fixed V3

With Next Drive Fixed V3 you will benefit from cheaper overnight electricity rates to charge your Electric Vehicle. This tariff is fixed for 12 months which means you are protected from any price changes for a year. There is no exit fee with this tariff. To be eligible you must own or lease an Electric Vehicle or have a solar storage system and must pay by direct debit.
”

Price is 6.9p per kWh for seven hours starting at midnight to charge EV or house battery as well as supply to the house. Price is fixed for 12 months, no exit fee and £50 new customer referral bonus if know someone who is with them, otherwise easily found Google or X/Twitter search

Gas fixed kWh also cheaper than Octopus 12 month loyal fix.

What's the peak price per kWh?

Their on-peak tariff in the North West is 29.87p compared to 27.28p on Octopus Intelligent so expect other regions to similarly be around 9% higher than Octopus. Standing charge for the North West is 51.18p compared to 49.12p on Octopus.