Figures from CrowdCharge show annual cost savings of up to almost £1,000 for fuelling EVs using V2G compared to petrol vehicles

The average cost of charging an electric vehicle (EV) at home is around half of the £1,205 yearly cost for fuelling a petrol car, but latest figures show that smart charging can reduce these costs to £400, and vehicle to grid (V2G) charging can slash annual EV charging costs to £250 – or even less. The savings can be magnified for fleets transitioning to EVs.

These latest figures have been revealed by CrowdCharge, from its fleet customers using smart charging technology, and from the company’s vehicle to grid customers at homes.

 

Smart charging an EV using technology that is available now has resulted in cost savings of around £200 per year compared to normal EV charging – as well as emission savings of up to 63% – representing a significant breakthrough for company fleets. CrowdCharge’s smart charging technology allows EVs to be charged with the lowest cost and lowest carbon electricity.

Figures from the company’s home-based vehicle to grid customers have shown that drivers can charge their EVs for just £250 per year – and sometimes for free when combined with home renewables such as solar – by charging at times when electricity costs are low and selling electricity back to the grid when costs are high.

Read more: theenergyst