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EV fleet drivers could make major savings by changing energy tariffs

By / 4 months ago / UK News / No Comments

Fleet drivers using EVs could save up to £1,250 a year on energy bills by switching to the correct tariff for home vehicle charging.

Rightcharge says that there would be a substantial saving if all the current 1.04 million business contract hire drivers switched to electric cars and an EV-friendly energy tariff

Vehicle home charger and energy comparison site Rightcharge.co.uk warns that with energy prices rising in the UK from 1 April 2021 – due to an increase in the energy price cap – many households will be paying larger electricity utility bills.

This includes those drivers who charge their company vehicles at home.

But by switching to more generously priced EV-friendly energy tariffs that cover charging for fully electric and plug-in hybrid vehicles, drivers could actually save on household energy costs, according to Rightcharge.

It gives the example of a user switching from a Standard Variable Tariff from one of the big six energy suppliers to a lower-cost alternative EV energy tariff who could realise a total saving of £1,250 a year.

Charlie Cook, founder of Rightcharge, added: “If all the current 1.04 million business contract hire drivers switched to electric cars and an EV-friendly energy tariff on the same mileage parameters, the potential saving is more than £1bn on vehicle charging alone, plus a further £265m on home energy costs.”

The firm’s advice is for drivers to compare EV-friendly energy tariffs by taking their car into account as well as their home.

Cook added: “We want to help drivers minimise their EV costs – and we suspect many just don’t realise what they can save. Our price comparison website points them in the right direction.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.