Choosing the Right EV Tariff: Key Considerations

Great news for electric vehicle (EV) owners – dedicated EV tariffs are back! To make the most of it, follow these key considerations:

1. Assess Your Needs

  • Evaluate peak period energy usage, especially with electric heating.
  • Identify off-peak opportunities for EV charging and other appliances.
  • Consider your mileage – higher mileage often means more savings with an EV tariff.
  • If you have solar panels, explore optimized solar charging options.

2. Check Your Smart Meter

  • Ensure you have a smart meter installed; it’s essential for switching to an EV tariff.
  • Most energy providers offer free installations if you don’t have one.

3. Understand Daily Energy Usage

  • Consider household energy needs during peak hours, including appliances like washing machines and heaters.
  • Despite increased consumption with an EV, the switch to an EV tariff can still be economical.

4. Maximize Off-Peak Advantage

  • Charging during off-peak hours is key for optimal savings.
  • Use an EV smart charging app, like ev.energy, to monitor and make informed decisions.

5. Leverage Solar Panels

  • If you have solar panels, use free solar power for EV charging.
  • Explore optimized solar charging options like ev.energy SOLAR.

6. Navigating Tariff Options

  • Ensure off-peak times align with your charging needs.
  • Verify hardware compatibility with your vehicle and home charger.
  • Consider the benefits of fixed vs. variable tariffs and check for green credentials.
  • Beware of misleading rates – some tariffs may have short off-peak durations or high daytime rates.

7. Compatibility Concerns

  • Choose a tariff agnostic to your equipment to avoid compatibility issues.

8. To Lock or Not to Lock?

  • Weigh the benefits of fixed deals against potential early exit fees.
  • Stay informed about market trends and energy price volatility.

9. Greenwashing Alert

  • Read the fine print of “green” tariffs to understand the actual environmental impact.

10. Maximize Your EV Tariff

  • Install a home charger for faster charging during off-peak hours.
  • Use a smart charging app for features like Smart Charging, cash rewards, and greener charging options.

In conclusion, as the energy market evolves, savvy EV drivers can make substantial savings. Explore the options, choose wisely, and enjoy the perks of an EV tariff tailored to your needs.

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