How much will it cost to charge an electric car at home under the energy price cap?

How much will it cost to charge an electric car under the new energy price cap? 

With the cost of energy continuing to rise, many Electric Vehicle owners are left wondering how much does it actually cost to charge an EV at home?

Well, if you know the size of your EV’s battery, and how much your energy provider is charging for electricity, then it’s fairly easy to work out.

Electric vehicle battery capacity is expressed in kilowatt hours (kWh), which is the same measurement used for your home energy consumption.  The Government recently announced a price cap on energy bills to £2,500 for a typical household which equates to an average rate of 34.00p per kWh for those customers on dual fuel paying by direct debit*

Let’s have a look at a couple of examples:  

Take the Telsa Model 3 Long Range with a 82 kWh battery, the calculation is, 82 x £0.34 = £27.88 from empty to full.

Vauxhall’s electric Corsa has a smaller 50 kWh battery, so we take 50 and multiply by the cost of energy at £0.34  (50 x £0.34 = £17 from empty to full.

If you are interested in leasing an electric car, call us on 01653 604300 and our team will be pleased to assist.

*Source:- MoneysavingExpert / 12^th September 2022.