Utility Warehouse EV Tariff: A Cost-Effective Solution for UK Electric Vehicle Drivers
With electric vehicle (EV) ownership on the rise in the UK, many drivers are facing unexpectedly high electricity bills by charging their cars during peak hours. Utility Warehouse (UW) has developed a tailored EV tariff to address this issue, offering significant savings for EV owners who charge overnight. This article explores UW’s EV tariff benefits, who it’s designed for, and how it can help drivers save money whilst also being good for the environment.
Why Most EV Drivers Are Missing Out on Savings
Recent research by Utility Warehouse shows that 78% of EV drivers in the UK are charging their vehicles during peak hours, resulting in the highest electricity charges. Data shows that many drivers are either unaware of cheaper off-peak charging options or face challenges with existing tariffs. During peak times—between 6 pm and midnight—electricity costs can be considerably higher, which equates to high EV running costs.
Many EV drivers are also unaware of dedicated EV tariffs that provide discounted rates during off-peak hours. This gap represents an opportunity for savings and a more energy-efficient lifestyle, especially for drivers willing to charge their vehicles overnight.
Utility Warehouse EV Tariff: Key Features and Benefits
The Utility Warehouse EV Tariff is designed to meet the needs of electric and plug-in hybrid vehicle drivers. It offers a competitive off-peak rate, allowing customers to charge their vehicles between midnight and 5 am for as little as 7p per kWh, provided they bundle with at least two other UW services (such as broadband, mobile, or insurance). Customers bundling fewer services can still benefit from off-peak rates of 8p or 8.5p per kWh.
Benefits of the UW EV Tariff
- Significant Savings: UW estimates that EV drivers can save up to £350 per year by charging during off-peak hours.
- Compatibility: Works with all electric and plug-in hybrid cars and is compatible with any home charger, even simple three-pin plugs.
- No Exit Fees: Unlike some tariffs, UW’s EV plan comes with no exit fees, making it easy for drivers to switch if their needs change.
- Seamless Switching Process: UW provides a streamlined switching process, allowing customers to move to the EV tariff in just one click once they have a UW account.
Why Off-Peak Charging Is Better for the Environment
Charging during off-peak hours isn’t just cost-effective; it’s also environmentally beneficial. During the nighttime, the grid’s electricity generation mix tends to include a higher proportion of renewable sources, such as wind power. By charging overnight, EV drivers can reduce the strain on the grid during peak times, leading to lower carbon emissions. This shift to off-peak hours also contributes to a more balanced energy load, which is vital for the continued growth of sustainable energy sources in the UK.
Solar Integration for Enhanced Environmental Impact
For customers who generate renewable energy with solar panels, UW offers a Smart Export Guarantee (SEG) tariff. This allows customers to sell surplus solar energy back to the grid, generating additional savings. By combining this with the EV tariff, drivers can maximize their environmental impact by using home-generated power and exporting excess energy, further reducing their reliance on non-renewable sources.
How to Get Started with the Utility Warehouse EV Tariff
To benefit from the UW EV Tariff, customers need:
- An EV or Plug-in Hybrid: Designed specifically for EV owners, the tariff requires drivers to verify their vehicle’s eligibility.
- A Smart Meter: UW installs smart meters for free, enabling accurate billing based on off-peak usage.
- Direct Debit Payment: UW requires that EV tariff customers pay by Direct Debit.
Simple Steps to Switch
- Step 1: Join UW’s standard variable tariff, where you can express interest in the EV tariff.
- Step 2: Once your electricity account is set up, you’ll receive a personalized quote and an invitation to switch to the EV tariff.
- Step 3: Accept the quote to move to UW’s EV tariff and start saving.
Utility Warehouse (UW) EV off-peak charging FAQ's
Utility Warehouse’s EV Tariff is a valuable option for EV drivers looking to cut charging costs and embrace more environmentally friendly charging habits. By taking advantage of UW’s low off-peak rates and bundling multiple services, drivers can save significantly on their annual electricity bills. Additionally, the environmental benefits of off-peak charging, especially when paired with solar energy solutions, make UW’s EV Tariff a responsible choice for eco-conscious EV owners.
For more information on the Utility Warehouse EV Tariff or to get a personalized quote, visit Utility Warehouse EV Tariff page.
