‘Smart charging’ could save electric car owners £70 a year

‘Smart charging’ could save electric car owners £70 a year
A new study suggests electric car owners could be able to charge their vehicles for just an eighth of the cost of the average annual petrol bill.

According to research by Vivid Economics for the conservation charity WWF, motorists typically spend some £800 a year on petrol.

But owners of electric cars will be able to keep their vehicles on the road for far less, the charity says.

The study estimates that motorists will spend just £170 a year to charge their vehicle at home, by 2030.

And for those who take advantage of ‘smart charging’ – using electricity at times of low demand, for example overnight – the cost could come down by another £70 to just £100 a year.

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The UK government has already pledged to ban the sale of new petrol and diesel cars by 2040, but environmental campaigners are pushing for an earlier date.

According to the WWF study, it’ll cost £2.4 billion more a year to run Britain’s electricity system if the government’s current target is hit. A more ambitious 2030 target date would raise the total bill to a whopping £3.8 billion per annum.

But the researchers say the use of smart charging would dramatically cut the electricity bill to just £2 billion a year.

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WWF is campaigning for an earlier end to fossil-fuelled transport because it is concerned about the effects of air pollution.

Its study, which you can download here, has lots of other interesting findings.

According to WWF, ending the sale of petrol and diesel vehicles by 2030 could cut air pollution by around 30%.

And a 2030 target date would also see electric vehicle (EV) sales increase to 3 million a year – meaning they’d account for almost half of all EV demand in Europe.

Electric vehicles are already becoming more popular in the UK, with registrations up from just 3,500 in 2013 to around 140,000 now.

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