Save up to £800 a year on Intelligent Octopus
Switch your electricity tariff to charge your EV from just 1.9p per mile
With well over 100,000 EV drivers taking advantage of Octopus Energy smart tariffs, we like to think we know what we're doing when it comes to helping EV drivers save money. And with around 35% of our customers electricity bill coming from charging their EV, it's definitely worth your time to do some research on whether or not you're on the best tariff for you.
Since we launched our Intelligent Octopus EV smart tariff in 2022, sign-ups to have grown 30% each month. It's not hard to understand why; a driver with average mileage on Intelligent Octopus can save up to £800 each year compared to charging on a standard variable tariff. If you're regularly charging your car at home on a standard variable tariff, you could save by switching.
How does it work?
Intelligent Octopus lets EV drivers benefit from off-peak charging every day which includes six hours of guaranteed off-peak charging at just 7.5p/kWh. This works out to 2 pence per mile (1.9p to be precise)!
You’ll also get cheaper electricity during these hours for the rest of your home, so you can save more by changing some of your usage habits, like putting your washing machine, dishwasher or clothes dryer on a timer overnight.
Work out how much you could save based on your annual milage
This table shows how much you could save on your annual electricity bill depending on the number of annual miles you drive.
We’ll do the hard work
Once we’ve moved you on to the tariff, all you need to do is use the Octopus Energy app to set the time you’d like your vehicle to be ready, and what level of charge it should be.
Watch us use the simple app to set the charge up in this video
*35%: The average proportion of a customer's annual electricity consumption that is consumed within our overnight EV specific charging windows at a cheaper boost rate.
Considering energy prices in May 2023, an EV with average yearly mileage is £810 cheaper to charge on Intelligent Octopus vs Flexible Octopus assuming you always smart charge on IO. Based on an annual mileage of 10,000 and 0.315 kWh/mile.
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