Video by Go Green Autos via YouTube
Source
In this short video, I explain the real running cost of our electric car. Our 2020 Hyundai Ioniq Electric is probably the most efficient EV available (with the Tesla Model 3 coming second) and we typically get around 4.5 miles per kWh in the winter and 5.5-6.0 in the summer. This is without any effort to try to drive efficiently either. The car is capable of better efficiencies if you’re willing to drive more gently and use less heating or air conditioning. We don’t bother as the range of the vehicle is more than we ever need in a day and the running costs are already low.
All our charging is done at home overnight. We use the Octopus Go tariff for 4 hours of cheap rate electricity, which costs us 7.5p pkWh. All our charging is done over night, but not every night. So this car costs us only around £150 per year to do 10,000 miles. That works out at 1.29p per mile in the summer and 1.66p per mile in the winter.
Some may say "well your daytime rate is more expensive on Octopus Go". Yes that is true. We pay about 2p pkWh more (maybe less, I can’t remember) during the day, but that is massively offset by the 4 hours of cheap rate and by putting the washing machine and dishwasher on during the night makes the savings even greater. If you switched to Go now (July 2023), the day rate is only 0.3p more, so its a no-brainer!
If you join Octopus Energy using this link https://share.octopus.energy/storm-okapi-251, we both get a £50 credit, or a £100 credit if you’re a business customer. £50 gets us 3,200 miles in the Ioniq, charging at night when the UK energy is at its greenest!
There is a lot written in the UK press about high costs of running an electric vehicle. It is true that the costs of running an EV have shot up due to the high electricity prices, but running an EV is still cheaper than a combustion engine vehicle, even if you have to public charge. But who said EVs had to be cheaper to run? That was just an added benefit. Driving an EV is about reducing emissions and improving our air quality. So even if an EV costs the same to run as an ICE vehicle, everyone still benefits from the zero emissions from the EVs. However, if you can charge at home, an electric vehicle is still significantly cheaper to run, especially if you take advantage of cheap rate nighttime tariffs when the UK grid is also at its greenest. If you have solar PV, then your EV is even cheaper to run.
To see other Hyundai Ioniq EV videos, see the playlist https://youtube.com/playlist?list=PLW0oq-rvufntC8Qk6ONQjJ7nncwqhp9LL
Please subscribe and have a look at the back catalogue of EV videos on this channel, see https://www.youtube.com/c/GoGreenAutos/videos
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For EVs for sale, see https://www.gogreenautos.co.uk/for-sale
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