Okay, charging an electric car at home does involve some additional upfront costs when it comes to installing a home charger but the lower price of home charging rates for an electric car, compared to petrol, mean you’ll instantly be making savings on every journey that, over the long-term, quickly add up. The result: your home charger should soon pay for itself. You can also cut costs with smart home charging. With smart home car charging, knowing when you’re charging, and how much it costs helps you to plan the right times to charge in the most cost-efficient way. Smartphone apps such as MG iSmart puts you at the centre of your own electric car charging hub, remotely tracking and controlling the status of your charging, helping you keep your costs down.
When it comes to cutting the daily costs of charging, knowledge is power. Knowing when the cheapest rates are helps you understand the best times to charge to make the best savings.
As there’s less demand on the UK grid overnight (when your car is typically parked up anyway), off-peak electric rates are usually by far the cheapest way to top-up an electric car when using a dedicated EV-friendly or time-of-use tariff. Obviously, home energy rates are in a state of flux right now and will vary depending on your provider and which type of rate you’re on.
Work smarter with MG iSmart, you can pre-program your car’s charging status to automatically top-up at the most cost-effective times in seconds from the comfort of your couch. That means you can plug in and automatically set up your home charger to only initiate charging sessions at predefined off-peak times.