The new cap is a 6.7% reduction on the previous £1,758 a year charge, with the new fees coming into effect from Wednesday 1 April.
EV drivers face £24 charges for charging at home under the new Ofgem price cap. The new cap is a 6.7% reduction on the previous £1,758 a year charge, with the new fees coming into effect from Wednesday 1 April.
BP Pulse explained:
“The costs of charging an EV in a private property (e.g., at home) varies, depending on factors such as your energy provider and tariffs, vehicle battery size and capacity, type of home charge in place and so on.
“According to a government policy paper on energy pricing, the typical household in the UK paying direct debit has unit rates for electricity around 34p per kWh.
“The average EV battery capacity in the UK is around 40kWh. At average unit rates, charging a vehicle with this battery capacity could cost around £10.88 (based on charging to 80% of battery capacity, which most manufacturers recommend for daily charging to extend the life of a battery).”
Read more: Birmingham Mail
