Electric vehicle (EV) drivers across the UK are set to benefit from a welcome reduction in electricity costs from 1 July, with the Standard Variable Tariff (SVT) for electricity dropping to 25.73p/kWh. The change means that charging your EV at home is about to become more affordable than ever before — but with Ohme, the UK’s largest and fastest-growing home EV charging company, those savings could be even more significant.
By tapping into smart charging technology and off-peak energy tariffs, Ohme is empowering drivers to cut their charging costs by more than two-thirds — a move that could dramatically shrink the cost of EV ownership.
From Cheaper Charging to Smarter Charging
Under the new SVT, charging a typical EV at home becomes less expensive, offering some relief to households feeling the pinch of rising living costs. However, as Ohme’s smart technology shows, there’s still more value to be unlocked.
Take the Intelligent Octopus Go tariff, for instance — one of several EV-optimised smart energy tariffs currently available. With a low off-peak rate of just 7p/kWh, it allows EV drivers to charge their cars overnight at a fraction of the standard cost. For the average EV owner, that could mean running their vehicle for under £10 per month.
“Charging at home will always be the most affordable place for EV drivers to charge their cars, and this lower electricity price is great news to help them reduce their running costs,” said David Watson, CEO of Ohme. “However, any EV driver charging at home should look at switching to one of the wide range of energy tariffs that drop those costs still further to help save them even more money.”
The Ohme Advantage in Real Terms
The numbers speak for themselves. A full charge of a Volkswagen ID.5 — equipped with a 77kWh battery and a WLTP range of 344 miles — would cost just £5.39 using an Ohme smart charger on Intelligent Octopus Go. In contrast, the same charge on the SVT from 1 July would cost £19.82. That’s more than triple the price.
Extrapolate those figures across a year of typical driving (around 6,800 miles), and the savings are staggering. Charging on the SVT would total roughly £437.41 annually, while using a smart tariff with Ohme slashes that to just £119. To put that into perspective, driving the same distance in a petrol car would likely cost over £1,000 in fuel.
Trusted by the Industry’s Best
Ohme’s reputation for efficiency and reliability isn’t limited to its consumer appeal. The company is the official charging partner for several leading automakers including Mercedes-Benz, Volvo Cars, Hyundai, and the Volkswagen Group in the UK and Ireland. It’s also the exclusive charging provider for the Motability Scheme — the largest fleet operator in the UK — underlining Ohme’s commitment to accessibility and scale.
Whether you’re a first-time EV owner or a fleet manager looking to optimise operating costs, Ohme offers a clear path to lower energy bills and smarter charging. As the UK accelerates towards a more sustainable transport future, Ohme’s integration of smart tech with flexible tariffs ensures EV drivers don’t just drive cleaner — they drive cheaper too.
Final Thought
With electricity prices falling and the growth of smart tariffs gaining momentum, there’s never been a better time to rethink how, when, and what you pay to power your EV. For those looking to get the most out of their home charging setup, Ohme doesn’t just deliver the convenience — it delivers meaningful cost savings.
