UK drivers ditching petrol cars to save £3,000 more a year with an electric vehicle

Electric car drivers can save £3,000 a year despite the price of energy rising, with some motorists able to benefit from free charging today.

The RAC recently updated its Charge Watch data which showed that the average price of using a public electric car rapid charge point had risen to 63p per kWh. This represents a 42 percent increase since May for public charging, causing alarm to many EV drivers who cannot charge at home.

Mazda MX-30 EV (Image: Mazda)

Mazda MX-30 EV (Image: Mazda)

However, Ed Carpenter, head of EV at Vanarama, highlighted how not all EV drivers would suffer from the expensive costs.

He pointed out that drivers could still save thousands of pounds a year in other ways.

He said: “It’s worth noting that many EV drivers predominantly charge from home so the above will impact some EV drivers, but not all.

“By comparison, those drivers who charge mostly from home will see a small rise in electricity costs from 28p to 34p per kWh as part of the Government’s October energy price cap.

“The price cap will remain in place until 2024 so it’s a good news story for those who are able to charge at home, especially as domestic electricity prices were set to rise to 52p per kWh from October 2022 with further price increases anticipated in 2023.”

Vanarama’s research found that EV drivers could save £175 a month through exemptions in Low Emission Zones, Clean Air Zones and the London ULEZ.

Read more: Express

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