📨 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!

EV tariff or not

Options
2»

Comments

  • silvercar
    silvercar Posts: 49,582 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    I was on OVO charge anytime. It was easy to plug in the car overnight and leave it do its thing, knowing that the car will be charged by morning. Discount on the car charging only.

    I’m just moving over to eon next drive v8, which will give me 7 hours of cheap rate (6.7p night rate but a higher day rate). Part of the reason is that we were avoiding charging the second EV and moving as much of the mileage to the main EV to max the cheap rate. The mileage on the cars was so imbalanced that it will effect second hand values , so need to get the second car on a cheap rate, plus try and move other house stuff to night time.  The attraction of eon is that you get 7 hours at cheap rate which is enough to add about 50KWH to the car in one go.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • eastcorkram
    eastcorkram Posts: 911 Forumite
    Part of the Furniture 500 Posts Name Dropper
    dunstonh said:
    I already know that financially, it's not worth me changing to an EV. I know this is MSE, but I'd still like to get one before I die!
    I'm a company director of own company.  So, EVs are an absolute no brainer and saves a fortune.

    However, if you can home charge a personally owned EV and never charge away from home, then you may well sav money with an EV depending on your mileage.

    at 5p for the off peak rate, 250 miles costs about £2.20.   
    Plus, in our case, around 70% of our use is off peak.   

    I may well save money with an EV, depending on how my mileage pans out now I'm retired (it's still early days after the first four months were ruined by illness), but financially it's still a bad move. If I don't switch, I'll probably just carry on driving the petrol car I have. If I do switch, I've got the outlay of buying an EV about two or three years old. 
  • Reed_Richards
    Reed_Richards Posts: 5,336 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    la531983 said:
    I don't have an EV, but thinking of getting one. 

    If I get a home charger put in, I could switch to an EV tariff. My current tariff is at 21p a unit. The EV one means I could charge at night for 6p, but, all my other usage would be at 29p. 

    I wouldn't be doing massive mileage, so I imagine not charging very often, and wondering might it be better to stay on the existing tariff, and just charge at 21p per unit?

    Surely depends what else you could do overnight. Water storage heaters? Put the washing machine on early?
    I wasn't sure about that. Whether it was only the charge point that was using cheap, or anything at all used between certain times. I'll need to investigate!
    It wasn't worth my while to install a charge point, I have a good reliable electricity supply to the outside socket on my garage, installed 5 years ago and capable of taking a much bigger load than the 2.35 kW that my granny charger uses.  I can add about 16 kWh of charge per night and that is enough except for one or two days each year. 

    I'm on the E.ON NextDrive tariff which gives me 7 hours of cheap electricity for the entire house.  In my case I also have a battery and a heat pump which I can charge/run cheaply overnight and the EV tariff gives me such a massive saving that I'm sure it will be withdrawn sooner or later.    
    Reed
  • Qyburn
    Qyburn Posts: 3,621 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    dunstonh said:

    at 5p for the off peak rate
    Where do you get 5p, is that Tomato?
  • QrizB
    QrizB Posts: 18,296 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Qyburn said:
    dunstonh said:
    at 5p for the off peak rate
    Where do you get 5p, is that Tomato?
    Utility Warehouse, if I recall previous threads correctly.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • la531983
    la531983 Posts: 3,115 Forumite
    1,000 Posts First Anniversary Name Dropper
    Fuse also offer 5p, or at least they did when I looked the other day.
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
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.