You will reduce your electricity bill by switching to an EV tariff, and when paired with a home battery, the savings become even greater.
An EV tariff offers a cheap overnight rate designed for charging electric vehicles — and the benefits go far beyond the car. Here's how it can save you money.
How EV Tariffs Can Save You Money
🔋 1. Lower EV Charging Costs
Let's say you drive 10,000 miles per year, and your EV consumes 3 miles per kWh.
- 🚗 Without EV Tariff (Standard Rate ~ 30p/kWh): Charging Cost per Year ≈ £1,000
- 🚗 With EV Tariff (Off-Peak Rate ~ 7p/kWh): Charging Cost per Year ≈ £233
- 💰 Savings: £767 per year!
🏡 2. Save on Your Home Electricity Bill
An EV tariff isn't just for your car — it can help power your entire home at a lower rate.
💡 By shifting your dishwasher, washing machine, heating, and battery storage charging to off-peak hours, you can cut your home electricity bill by up to 50%.
For an average UK household spending £1,140 per year on electricity:
- ✅ With an EV tariff, shifting 50% of energy use to off-peak hours
- ◦ New cost: Around £800 per year
- 💰 Savings: £340 per year!
Combine an EV tariff with a DX Energy home battery and you can shift even more of your usage to the cheap overnight rate — multiplying the savings. Calculate your savings or contact us to get started.
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