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What Is the Cheapest Way to Charge an EV at Home? A Complete Money-Saving Guide

As electric vehicle ownership becomes more widespread, drivers are increasingly looking for ways to minimize their charging costs. With careful planning and smart strategies, you can charge your EV at home for pennies per mile—often at 75-90% less cost than fueling a gasoline vehicle. This comprehensive guide explores all the methods, tips, and tricks to achieve the absolute cheapest home EV charging possible.

Understanding EV Charging Costs

Before exploring cost-cutting methods, let’s examine what makes up your charging expenses:

Key Cost Factors

  1. Electricity rate (pence per kWh)
  2. Charger efficiency (energy lost during charging)
  3. Time of use (variable rate tariffs)
  4. Battery maintenance (impact of charging habits)
  5. Equipment costs (amortized over time)

Average UK Cost Comparison

Method Cost per Mile Full Charge Cost*
Standard Variable Tariff 4p £4.80
Economy 7 Night Rate 2p £2.40
Smart EV Tariff 1.5p £1.80
Solar Charging 0.5p** £0.60
Gasoline Car Equivalent 15p £18.00

*Based on 60kWh battery
**Includes panel amortization

The 7 Cheapest Home Charging Methods

1. Switch to an EV-Specific Electricity Tariff

Savings: Up to 75% vs standard rates
Best For: Most homeowners with smart meters

Top UK EV Tariffs (2024):

  • Octopus Go (9p/kWh overnight)
  • Intelligent Octopus (7.5p/kWh off-peak)
  • EDF GoElectric (8p/kWh night rate)
  • British Gas EV Tariff (9.5p/kWh overnight)

How It Works:

  • Ultra-low rates for 4-7 hours overnight
  • Higher daytime rates (balance still saves money)
  • Requires smart charger/smart meter

2. Optimize Charging Times

Savings: 50-60% vs daytime charging
Strategy:

  • Program charger to operate only during off-peak hours
  • Use vehicle or charger scheduling features
  • For non-smart chargers, use timer plugs (£15-20)

Typical Off-Peak Windows:

Provider Cheap Rate Hours
Octopus Go 00:30-04:30
EDF GoElectric 23:00-05:00
Economy 7 Varies (usually 12am-7am)

3. Use Basic Level 1 Charging (When Practical)

Savings: £800-£1,500 vs Level 2 install
Consider When:

  • Your daily driving <40 miles
  • You have 12+ hours overnight
  • For secondary/backup charging

Efficiency Note:
Level 1 is slightly less efficient (85% vs 90% for Level 2), but the equipment cost savings outweigh this for low-mileage users.


4. Install Solar Panels + Battery Storage

Long-Term Savings:

  • 5-7 year payback period
  • Then essentially free charging for 15+ years
  • Export excess power via Smart Export Guarantee

Optimal Setup:

  • 4kW+ solar array
  • 5kWh+ battery storage
  • Smart charger with solar matching (like Zappi)

Annual Savings:
£400-£800 vs grid charging


5. Share Charging With Neighbors

Emerging Models:

  • Community charging co-ops
  • Paired home sharing (split installation costs)
  • V2H (Vehicle-to-Home) arrangements

Potential Savings:
30-50% reduction in equipment/installation costs


6. Maximize Charging Efficiency

Free Ways to Improve Efficiency:

  • Charge at moderate temperatures (avoid extreme cold)
  • Keep battery between 20-80% for daily use
  • Use scheduled pre-conditioning while plugged in
  • Ensure proper charger ventilation

Efficiency Gains:
5-15% reduction in energy waste


7. Leverage Government & Local Incentives

Current UK Programs:

  • OZEV Grant (£350 off charger install)
  • Energy Company Obligation (ECO4) (free upgrades for eligible homes)
  • Local council grants (check your area)
  • VAT reduction (5% on energy storage)

Potential Savings:
£350-£1,500 in upfront costs


Cost Comparison: Charging Methods

Method Upfront Cost Cost per kWh Payback Period
Standard Outlet £0 28p Immediate
Smart Tariff + Level 2 £500-£1,500 7-9p 1-2 years
Solar Only £6,000-£10,000 0-5p 5-7 years
Solar + Battery £10,000-£15,000 0-3p 7-10 years
Public Charging Only £0 45-75p N/A

Equipment Choices for Budget-Conscious Owners

Most Affordable Chargers

  1. Ohme Home (£449) – Best tariff integration
  2. Pod Point Solo 3 (£599) – Simple and reliable
  3. Anderson A2 (£799) – Premium but efficient

Budget Installation Tips

  • Get 3+ quotes from OZEV installers
  • Consider plug-in units (no hardwiring cost)
  • Install near consumer unit to reduce cabling

Advanced Cost-Saving Strategies

1. Load Shifting

  • Combine EV charging with other high-load appliances
  • Use smart home systems to balance loads

2. Weather-Based Charging

  • Charge more in summer (better efficiency)
  • Pre-condition while plugged in during winter

3. Battery Maintenance

  • Avoid frequent 100% charges
  • Use lower charge currents when possible
  • Keep battery at moderate state of charge

Common Mistakes That Increase Costs

  1. Using public chargers unnecessarily (4-5x more expensive)
  2. Charging during peak hours (2-3x day rate)
  3. Ignoring charger efficiency ratings (5-10% differences matter)
  4. Frequent fast charging (degrades battery faster)
  5. Not claiming available grants

The Absolute Cheapest Possible Home Charging

For Minimum Upfront Cost:

  • Use existing 3-pin plug
  • Switch to Octopus Intelligent (7.5p/kWh)
  • Charge only 00:30-04:30
  • Cost: ~1p per mile

For Long-Term Lowest Cost:

  • Install solar + battery + Zappi charger
  • Use solar during day, cheap rate at night
  • Cost: <0.5p per mile after payoff

Regional Variations in Savings

Region Cheapest Tariff Solar Potential Best Strategy
South England Octopus 7.5p Excellent Solar + smart tariff
Scotland EDF 8p Good Smart tariff + wind
Wales British Gas 9p Moderate Time-of-use focus
Northern Ireland Power NI 9.5p Limited Pure off-peak use

Future Trends That Will Lower Costs

  1. Vehicle-to-Grid (V2G) payments - Earn from your EV battery
  2. Time-of-use tariff improvements - More dynamic pricing
  3. Community energy schemes - Neighborhood solar sharing
  4. Solid-state batteries - More efficient charging

Final Recommendations

For Renters/Those on Tight Budgets:

  • Use 3-pin charger + smart tariff
  • Focus on overnight charging
  • Estimated cost: £1.50-£2.50 per full charge

For Homeowners Willing to Invest:

  • Install smart charger + switch to EV tariff
  • Consider solar if staying 5+ years
  • Estimated cost: £1.00-£1.80 per charge

For Maximum Long-Term Savings:

  • Solar + battery + smart charger
  • Optimize all energy use
  • Estimated cost: <£0.50 per charge after payoff

By implementing these strategies, UK EV owners can realistically achieve charging costs that are 80-90% cheaper than fueling a petrol vehicle—all while enjoying the convenience of home charging. The key is matching the right approach to your specific driving patterns, home setup, and budget.


Post time: Apr-11-2025