Overview
- Ofgem said the cap for a typical dual-fuel household will rise by two percent from October, taking the annual figure to £1,755, or about £2.93 more per month.
- Estimated home-charging costs translate to roughly 8.8p per mile for less efficient EVs and 6.6p per mile for more efficient models, up 0.2p.
- Charging a 60kWh EV daily at home would add about £138 to annual household costs based on the new rates.
- With around 1.6 million EVs and average home charger use of 108kWh a month, total monthly charging spend is projected at £45.5 million, about £1 million higher.
- Carmoola’s Aidan Rushby says home charging still averages about 6p or 9p per mile depending on efficiency, with grants of up to £3,750 helping offset ownership costs.