Market authority Ofgem has announced that the Standard Variable Tariff for domestic electricity rates would be lowered to 30p/kWh from 1 July. The reduction is down from the current 34p/kWh which has been in place since 1 October 2022. While the news will be welcomed by EV drivers keen to reduce their charging costs, Ohme is encouraging those same drivers to make even greater savings by switching to an off-peak EV tariff such as those from Octopus or Ovo.
