E.ON launches renewables tariff for EVs

E.ON launches renewables tariff for EVs


E.ON has launched a new tariff for electric and plug-in hybrid vehicle owners which uses energy purchased from 100% renewable electricity and green gas.

E.ON Fixed 1 Year Electric Vehicle is a dual rate tariff which offers customers access to a competitive day rate, and a night rate priced 33% below the day rate for use when many electric and plug-in hybrid car owners will choose to charge their vehicle.

The tariff which also matches 100% of both the electricity and gas used with renewable energy guarantees of origin (REGOs) and green gas certificates (GCC), offers savings of £261 a year when compared with an average of all dual fuel standard variable tariffs offered by the larger suppliers and £173 a year, when compared with an average of dual fuel Economy 7 tariffs offered by the larger suppliers [1].

With a saving of around five pence per mile for a full electric vehicle compared with petrol fuelled vehicles [2], electric and alternatively fuelled vehicle registrations have more than doubled in the last three years [3].

This new E.ON tariff is designed to complement the increasing number of full electric and plug-in hybrid vehicle owners who are now charging their vehicles at home and who, as a result, will have a higher than average electricity consumption.

Chris Lovatt, Managing Director of Residential at E.ON, said: “For many electric or hybrid car owners, choosing the right energy tariff may be the last piece of the jigsaw in helping them lower fuel emissions and energy costs.

“At E.ON we’re focused on providing sustainable solutions for our customers’ homes and with the increase of electric cars on our roads we’re pleased to be able to offer a tariff which gives our customers the flexibility to access cheaper electricity rates backed by renewable sources to charge their vehicles, while helping them save on costs.”

The tariff is available to existing customers who own an electric or hybrid vehicle. An Economy 7 programmed smart meter is also required to access the tariff, which E.ON will fit free of charge [4]. For further details, customers should call 03332024680 or visit eonenergy.com/evtariff.

Notes: [1] E.ON Fixed 1 Year Electric Vehicle is priced at £1,394 a year based on an estimated dual fuel consumption for electric and hybrid owners of 3,492kWh daytime electricity and 2,748 kWh night time electricity and 12,000 kWh of gas, based on payment via fixed monthly Direct Debit. [2] Based on fuel cost of 114.7 pence per litre (AA August 2017 Fuel Report) comparing 64 combined mpg/ 0.071 litres per mile of a petrol fuelled Nissan Micra 2010+ (Parkers Guide) with 15 kWh per 100 km for a 2017 Nissan Leaf (Nissan). [3] Source: Society of Motor Manufacturers and Traders. [4] Unrestricted electricity and classic Economy 7 meters will need to be exchanged for a smart meter. [5] Selected terms: The tariff is available to dual fuel and single electricity customers. It is not available to prepayment, single gas and non-residential customers. An exit fee of £30 per fuel applies.