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PHEV or Full EV and PCP vs Part cash & Loan

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  • Grumpy_chap
    Grumpy_chap Posts: 18,318 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Given this is charging at home. Unless they raise VAT then no idea how they can. As smart meter can not tell the difference.

    The AI algorithms that the suppliers have can "tell the difference" but I suspect that is through an element of guess work.  
    My supplier recently ran a promotion offering discounted electricity on a Sunday for any load shifted from the week.  You had to apply to get the promotion.  I was declined because "it looks like you have an EV and that would allow a disproportionate load to be shifted at no inconvenience" or something to that effect.
    I suspect that is only looking at the fact there are not many demands that would result in a continuous high load for several hours and then "guessing" it is an EV.

    I am not sure I would trust that type of algorithm if it was to be used for applying a differential tax charge.
  • Herzlos
    Herzlos Posts: 15,916 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Arunmor said:

    7,826 miles has cost me £152.09 in electric.
    But for how long will that last before the government come up with some dastardly plan for EVs to pay their fair share of fuel duty?

    Why is there always the assumption that any dastardly plan won't hurt combustion car drivers wallets too?


    I like the Tucscon, but I'd take the Enyaq here. Full EV is going to be the better experience, and cheaper to run/maintain.
  • facade
    facade Posts: 7,628 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Given this is charging at home. Unless they raise VAT then no idea how they can. As smart meter can not tell the difference.

    The AI algorithms that the suppliers have can "tell the difference" but I suspect that is through an element of guess work.  
    My supplier recently ran a promotion offering discounted electricity on a Sunday for any load shifted from the week.  You had to apply to get the promotion.  I was declined because "it looks like you have an EV and that would allow a disproportionate load to be shifted at no inconvenience" or something to that effect.
    I suspect that is only looking at the fact there are not many demands that would result in a continuous high load for several hours and then "guessing" it is an EV.

    I am not sure I would trust that type of algorithm if it was to be used for applying a differential tax charge.

    Yet another reason not to have a smart meter.....



    I want to go back to The Olden Days, when every single thing that I can think of was better.....

    (except air quality and Medical Science ;))
  • Goudy
    Goudy Posts: 2,187 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    edited 26 November 2024 at 8:47AM
    Herzlos said:
    Arunmor said:

    7,826 miles has cost me £152.09 in electric.
    But for how long will that last before the government come up with some dastardly plan for EVs to pay their fair share of fuel duty?

    Why is there always the assumption that any dastardly plan won't hurt combustion car drivers wallets too?

    The Campaign for Better Transport has been pushing the government to review pay per mile charging for a while now.
    They also have some backing by other organisations, like the RAC.

    They have put forward a couple of options, but the EV only pay per mile scheme has got some notice and opinion, both good and bad, but there is no surprise in that.

    The thought behind it is ICE's already pay fuel duty, plus they will eventually die out and be replaced by EV's.
    At which point everyone is on the same scheme.

    They have some reports floating about, one in particular is here.
    Pay-as-you-drive Report September 2022

    It's these sorts of campaigns that get traction in the press and other forms of media and some tend to take it as gospel, which it's far from being though there are now calls for a cross party commission on the subject.

    I doubt the current or past governments have had their own ideas about this (or anything else).
    They seem to take on board specialist ideas and campaigns make them their own, then take credit or a kicking for them, so you can expect whatever comes about will have been brought before them by someone like Campaign for Better Transport and/or others.

    I expect whatever the plan is it will start to firm up in the next few years. I think we'll see whatever it is in operation before they ban the sales of new ICE's but not too soon as to put the majority off buying an EV.

    It's just my opinion, but it does now appear something will replace the revenue from fuel duty that electric vehicles don't pay sooner rather than later.

    Fuel duty is already a kind of pay per mile scheme and as it stands now, it costs the government almost nothing to collect.

    If there is a two tiered scheme (and I'm not saying they will be, just it's being campaigned by others), fuel duty and road pricing, you would expect the road pricing system will have some additional operating costs over and above what it costs to collect fuel duty that would be factored in, even if it's just collecting a flat rate fee to start with.

    I can understand this might make some vehicle owners a bit nervous.
    At present it's in the EV owners favour, but there seems a point on the horizon that might see things even up or even trip past this even if operational costs are high, though I suspect at this point fuel duty would have been unfrozen and increased to match.



     

     



     
  • born_again
    born_again Posts: 20,596 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    facade said:
    Given this is charging at home. Unless they raise VAT then no idea how they can. As smart meter can not tell the difference.

    The AI algorithms that the suppliers have can "tell the difference" but I suspect that is through an element of guess work.  
    My supplier recently ran a promotion offering discounted electricity on a Sunday for any load shifted from the week.  You had to apply to get the promotion.  I was declined because "it looks like you have an EV and that would allow a disproportionate load to be shifted at no inconvenience" or something to that effect.
    I suspect that is only looking at the fact there are not many demands that would result in a continuous high load for several hours and then "guessing" it is an EV.

    I am not sure I would trust that type of algorithm if it was to be used for applying a differential tax charge.

    Yet another reason not to have a smart meter.....



    But then miss out on 7p charging... Smart meter any day. 

    This is MSE after all. That would be a extra £35 on my usage 🤣
    Life in the slow lane
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