If you’ve just purchased an Electric Vehicle (EV) and are interested in switching to an EV tariff, you're in the right place. In this article, we will provide you with everything you need to know to make an informed decision and sign up for the most suitable EV tariff.
This article covers:
- Will my electricity bill go up if I have an EV?
- How do I sign up to an EV tariff?
- Which energy supplier and EV tariff is best for me?
- What happens to my Switchd account?
Will my electricity bill go up if I have an EV?
Having an electric vehicle will increase your electricity bill, but switching to an EV tariff can help you save money. EV tariffs offer lower rates during off-peak hours, so it's important to schedule your charging for overnight when the rates are low. This way, you can still enjoy the benefits of an electric vehicle.
How do I sign up to an EV tariff?
If you’re already a customer of the supplier - If your current supplier is offering an EV tariff, all you need to do is get in touch with your current supplier and let them know and they will be able to provide assistance in switching your tariff.
If you’re a new customer - Most suppliers request that you switch your electric and gas to them first before they allow you to join their EV tariff. This is definitely something that we can assist you with here. Simply get in touch with us and we’ll be happy to initiate the switch for you. Once the switch for your electric and gas has been completed, you will need to directly contact the supplier to request the switch onto their EV tariff.
It's important to keep in mind that having a smart meter is essential. It allows your supplier to monitor your energy usage throughout the day and provide you with discounted night-time rates. If you don't already have a smart meter, it will need to be installed. Your supplier will handle the installation, which may take a few weeks. Most suppliers don't charge for this, but there may a wait for an installation in your area. However, once it's set up, you can immediately be moved to the EV tariff.
Which energy supplier and EV tariff is best for me?
Like regular energy tariffs, it's important to note that there isn't a “best” EV tariff. Each supplier has unique criteria for their energy deals, and this extends to EV-specific deals as well. It's possible that a particular deal could be suitable for you if you're already a customer with that supplier, or alternatively, you might discover lower unit costs by switching to another provider. Moreover, different suppliers often provide additional advantages. Based on our knowledge, the following suppliers currently provide EV tariffs that may be of interest to you:
|Day: 30.52p, Night: 7.5p
Standing charge: 52.18p/day
|You will need to be an Octopus customer to have access to this deal. It's only available to those with certain EVs or chargers. It's electricity-only, so you'll need a separate gas deal
|Day: 30.52p, Night: 9.5p
Standing charge: 52.18p/day
|It's electricity only, so you'll need a separate gas deal.
|18.13p from 04:00-07:00 & 13:00-16:00
30.22p at other times
|Capped at 100p/kWh
Standing charge: 45.07p/day
Day: 45.68p, Night: 8p
|Ovo Charge Anytime
|Only compatible with certain EVs and you'll need an Ohme Home, Ohme Home Pro, Indra Smart Pro or Indra Smart Charger V3 home wallbox to charge your car.
|Day: 38.362p, Night: 9.4p
Standing charge: 51.9p/day
Night tariffs apply from 12am – 5am.
|You'll have to use your car's own scheduled charging function as British Gas doesn't have its own app for this.
What happens to my Switchd account?
At Switchd, our algorithm is designed to scan the market for electricity and gas tariffs only. It's important to remember that while we strive to find the most suitable deal for you, it may not necessarily meet the specific requirements of your electric vehicle. We understand that in some cases, you may prefer to stick with your current supplier, and cancel your Switchd subscription. To discuss membership and EV tariff options, simply send us an email at firstname.lastname@example.org, and our team will be more than happy to help.