With the average UK driver covering 6800 miles a year, smart charging on an off-peak tariff in a typical EV would cost just £127.50 for a year’s worth of driving with Octopus Intelligent at 7.5p/kWh. At the new Standard Variable Tariff of 30p/kWh, that same annual mileage would cost £510. By comparison, the same mileage in an equivalent petrol car would cost a driver more than £1100. The current rate of 34p/kWh has been in place since 1 October 2022.
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