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The best EV energy tariffs for 2024

Let's delve into the details of various tariffs, discuss the pros and cons, and provide tips on choosing the best one for your home and electric car.

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A smart meter at home showing the current electricity usage and price for the week.

The EV home charging tariffs you can switch to

FYI: The tariff information below is taken from each supplier’s website. These were last updated on 20/07/2024 , but tend to change often.
4.7
148k reviews
Octopus Energy
Octopus GO
100% renewable

Off-peak price applies every night from 12:30am to 4:30am.
It's compatible with solar panels.
Smart meter required.
See tariff details.

27.01p / kWh
9p / kWh
58.03p / day
1.63p/mile

Disclaimer: Rates and standing charges may vary by area. Always check providers' websites. Reviews based on TrustPilot profile.

4.7
148k reviews
Octopus Energy
Intelligent Octopus
100% renewable

Off-peak price applies every night from 11:30pm to 5:30am.
It's compatible with solar panels.
Smart meter required.
See tariff details.

30.31p / kWh
7.5p / kWh
51.32p / day
1.63p/mile

Disclaimer: Rates and standing charges may vary by area. Always check providers' websites. Reviews based on TrustPilot profile.

4.7
148k reviews
Octopus Energy
Cozy Octopus
100% renewable

A heat pump energy tariff for your home.
See tariff details.

35.55p / kWh
12.01p / kWh
61.19p / day
1.63p/mile

Disclaimer: Rates and standing charges may vary by area. Always check providers' websites. Reviews based on TrustPilot profile.

4.2
58k reviews
EDF Energy
GoElectric
100% renewable

Off-peak times in Summer: 1am to 6am.
Off-peak times in Winter: 12am to 5 am.
Smart meter required.
See tariff details.

25.47p / kWh
8.99p / kWh
60.31p / day
8.22p/mile

Disclaimer: Rates and standing charges may vary by area. Always check providers' websites. Reviews based on TrustPilot profile.

3.7
45k reviews
E.On
Next Drive
100% renewable

Off-peak price applies every night from 12am to 7:00am.
Smart meter required.
See tariff details.

24.49p / kWh
6.9p / kWh
43.83p / day
0.87p/mile

Disclaimer: Rates and standing charges may vary by area. Always check providers' websites. Reviews based on TrustPilot profile.

4.2
106k reviews
OVO Energy
Charge Anytime
100% renewable

Disclaimer: Rates and standing charges may vary by area. Always check providers' websites. Reviews based on TrustPilot profile.

One flat low rate of 7p per kWh.
No peak or off-peak times.
You'll need a compatible EV and a smart meter.
See tariff details

7p / kWh
7p / kWh
46.6p / day
1.08p/mile
3.7
149k reviews
British Gas
Electric Driver
100% renewable

Off-peak price applies every night from 12am to 5:00am.
It's compatible with solar panels.
Smart meter required.
See tariff details.

26.86p / kWh
7.9p / kWh
56.22p / day
1.08p/mile

Disclaimer: Rates and standing charges may vary by area. Always check providers' websites. Reviews based on TrustPilot profile.

This page is constantly evolving, to make sure it features the latest, most accurate information. We are a free, independent online resource for anyone interested in car subscriptions.
Tom Curtis author photo
Tom Curtis
Updated on 20 June 2024

A major benefit of owning an electric car is the ability to shop around for fuel from the comfort of your home. There is no driving to the next petrol station in the futile hope of cheaper fuel prices or that rage-building drive past pumps 5p a litre cheaper than what you just topped up at the station down the road. 

An electricity tariff tailored to electric cars with bargain nighttime charging rates is the remedy to keep soaring fuel costs under control. Being able to say if I drive this many miles and can charge this amount during my off-peak rates at home and at this price per unit of electricity (kWh) precisely is a stable budgeting technique preventing any nasty surprises.

So, can you take advantage of any electric car energy supplier tariffs at home? The answer is ‘yes’!

We've scoured the internet and analysed various sources to bring you the most accurate and up-to-date information.

What are electric vehicle energy tariffs?

EV tariffs are aimed at electric vehicle drivers who want to charge their cars at home at the lowest cost per kWh possible.

These tariffs are designed to offer cheap overnight charging, usually between midnight and 6 am. 

Ofgem price cap rates from 1 July 2024
  Gas  Electricity 
Unit rate 5.48p per kWh  22.36p per kWh
Standing charge 31.41p per day  60.12p per day 
Rates may vary depending on your region.
Energy price cap changes over the years
  Direct debit (monthly)
2024 summer (from 1 July) £1,568/year
2024 spring (from 1 April) £1,690/year
2023 winter (from 1 October) £1,923/year
2023 summer (from 1 July) £2,074/year
2023 spring (from 1 April) £3,280/year
2023 winter (until 31 March) £4,279/year
2022 autumn (until 31 December) £3,549/year
2022 summer £1,971/year
2021/2022 winter  £1,277/year
2021 summer £1,138/year
2020/2021 winter £1,042/year
2020 summer £1,126/year
2019/2020 winter £1,143/year
2019 summer £1,217/year
2018/2019 £1,104/year

Source: Ofgem.gov.uk

Types of EV tariffs

Generally speaking, there are three types of EV tariffs available on the market:

  • Single-rate tariff – you pay the same unit price throughout the day. However, you get a discounted rate if you have an electric car.
  • Two-rate tariff – this is the more common tariff with two different electricity rates, regardless of whether you have an EV (although some providers may have a cheaper EV rate). This means you have a much cheaper rate at night, and you can take advantage of it for all of your household appliances (washing machine, dishwasher etc).
  • Two-rate tariff (EV specific) – most suppliers will offer a specific tariff to cater to EV drivers. This will be at a much cheaper nighttime rate than a traditional two-rate tariff.

Will an EV increase my energy bill?

Yes and no… let me explain. It’s normal to pay more on your electricity bill simply because you now have to use electricity to charge your car, which is something you haven’t done before. Energy providers don’t increase their price per kWh just because you now plug in and charge an electric car at home.

I'll give you an example, if you have a Vauxhall Mokka-e (50 kWh battery), and you charge once a week in full (netting ~150 miles of range), you can expect to pay £4.75 per week, which is £247 a year (Octopus Go @ 9.5p/kWh).

What are the benefits of an EV tariff?

The main reason why you’d want to get an EV tariff is that they are cheaper. However, there are other benefits which you may wish to consider.

Save money when charging at home

The main benefit is that you’ll be saving quite a lot of money. The savings are staggering versus charging at peak daytime rates at home or public charging infrastructure. 

According to Ofgem, the energy price cap increases over the past year mean that most households may be paying the standard variable average of just under 30p per kWh of electricity.

The key advantage of an EV tariff is that you can access much cheaper electricity, usually at night (off-peak), so you can charge your vehicle for as low as 7.5p per kWh (e.g. Octopus’ 'Intelligent Octopus' tariff). The prices vary by provider and area, but you’ll be paying about 75% less than your normal day rate in this example.

See our other EV money-saving tips here! 

Driving renewable energy forward

All UK energy providers are now trying to find ways to generate energy from renewable sources. You will support these efforts by getting an EV and choosing an EV tariff.

All UK EV energy suppliers comply with the Renewable Energy Guarantee of Origin (REGO) scheme. This scheme ensures that energy suppliers are transparent about their energy source and how much of it comes from renewables.

Save on smart home EV chargers

To support the rollout and use of electric and hybrid cars in the UK, the Office of Zero Emission Vehicles (OZEV) offers a charge point grant.

You can save up to 75% on installing an EV smart home charging point. This is available even now, after 1 July 2023.

There’s a big downside – the scheme isn’t available to house owners (including mortgage payers). Only people renting or owning flats (and single-use properties) can take advantage of the discount.

How to find your cheapest EV tariff

The easiest way is to compare all current tariff on this page, where we’ve listed the unit rates, the standing charges and provider customer review ratings. 

You’ll need to consider your energy usage and find the exact rates for your area. Every provider has either a rate card or a quote process which you need to go through to get the most accurate tariff cost. 

Something to remember is that sometimes you can get a very cheap night, off-peak rate, but the daytime unit rate is higher.

The best way to identify a cheap tariff is to look at the duration of the cheap off-peak rate and how much of your usage you can fit into it. The daily standing charge is not much of a factor when looking at bills of an EV household, as these are flat and only charged once per day.

It is far more important to focus on the unit rates charged for each kWh of electricity you consume.

A higher standing charge coupled with low unit rates is far more preferable to an EV driver than low standing charges and high unit rates.

FAQs about EV tariffs

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Is it cheaper to charge an EV at home?

Yes, especially when compared to public chargers where the price per kWh can upwards of 70p while at home, you can access unit prices as low as 7.5p.

Charging an electric vehicle at home is generally cheaper, especially if you're on a dedicated EV energy tariff. These tariffs often offer lower rates for overnight charging, allowing you to charge your vehicle during off-peak hours at a reduced cost. However, the exact savings can depend on your specific tariff, local electricity rates, and your charging habits.

Is the switch freeze still a thing?

Not really any more. At the end of 2022, switching was quite limited, but more tariffs are available to new customers now. A few people from our audience have reported switching to an EV tariff as new customers.

What are the best energy providers?

To say if someone is the best, you must look at the whole package of what you are offered. The lowest price may not be the best for you if coupled with an awful customer experience and minimal green energy.

We can break each supplier into three categories: unit price, customer service and green credentials. Finding the best electric car providers isn't always a straight path.

How "green" are EV tariffs?

When browsing through the available tariffs, you’ll notice one thing – every supplier claims to be ‘100% green’ or generating 100% of their energy from renewable sources. So, the question is, how green are these suppliers and the tariffs they offer? The answer isn’t that straightforward. It means that the supplier has a range of energy sources – nuclear, wind, solar, or others – and uses all to make that claim.

Do I have to get a smart meter?

Yes, most electricity suppliers require a smart meter installed at your property before you can switch to one of their EV tariffs. The smart meter allows for precise tracking and reporting of your electricity consumption, which is crucial for the operation of EV tariffs. Generally, a smart meter is installed free of charge by the supplier.

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