What are the costs of having a dedicated charging point installed?
Electric car drivers can receive £500 towards the purchasing and installation of a home charger with the OLEV grant - significantly reducing the overall cost. Once your charging point is installed, all you pay for is the electricity used to charge your vehicle.
Currently the typical electricity rate in the UK is 14.37p per kWh, whilst on an Economy 7 tariff you can expect 7 hours power charged at 8p per kWh - a tariff worth considering if you're charging your vehicle overnight.
This means that the cost of fully charging a 60 kWh electric car will cost roughly £8.40 if charged during the day and £4.80 if charged overnight - providing you with roughly 200 miles range.
Having a charging point installed at home can save you £££'s.
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