Electric vehicles are increasing in popularity but with the price of energy high, is it still cheaper to run an electric car than it is a petrol or diesel one? Here we weigh up the cost of going green.
By 2030, the sale of new petrol and diesel cars is to be banned in the UK. Despite EVs making up more than half of all new cars sold, concerns remain around cost, range and whether the infrastructure is ready to achieve this target.
Tesla Model 3 (Image: Tesla.com)
From April 2025 EVs will no longer be free from paying road tax. The removal of government grants, a higher list price than petrol and diesel, and the rising cost of refueling has left many wondering if making the switch to electric is financially worth it?
This article covers:
- Are electric cars cheaper to run than petrol cars?
- How much does it cost to run an electric car?
- Do electric car drivers pay road tax and the congestion charge?
- What are the government grants for electric cars?
- What are the disadvantages of electric cars?
Related content: How to save money by going green
Are electric cars cheaper to buy than petrol cars?
Whether an electric car is more economical for you in the long run than an conventional fuel car, you need to consider a number of factors, which include:
- the upfront list price
- how much you intend to use the car
- where you intend to charge it
- insurance
- maintenance costs
Read more: TheTimes
It’s Time to Go Green!
If you would like to know more about Solar Panels and the PowerBanx range of home battery systems, and get a free instant quote, please complete our online form:
