Electric vans cost double the amount drivers can reclaim under the Government’s Advisory Electricity Rate, according to the latest report from charging payment firm Mina.
The report, which covers June-August 2022, revealed vans charged at home cost 10p a mile to run in electricity costs against the Government’s AER of 5p a mile. For electric company car drivers plugging in at home their real world costs are 7p a mile.
However, if drivers charge on the public network the per mile electricity cost vastly increases. The average cost per kWh of domestic electricity was 26p, while public charging was more than twice that at 56p.
Ashley Tate, Mina CEO, said: “There’s a lot of discussion about the real cost of charging EVs, but much of it is entirely theoretical, and based on lots of assumptions and ‘what-ifs’. At Mina, our technology monitors every single charge, and every piece of associated data from the moment a car or van is plugged in, so we know exactly what is going on in the real world, the second it happens.
“We know every tariff, at home and in public, we can see how green that electricity is, the carbon impact in real time of every kWh and how much it costs for every kWh. This is transformative, because from this you can build a picture of real-life costs, which is so important as the energy crisis unfolds, and also begin to understand behaviour and trends.
“As an example, I think many will be surprised at just how little time drivers who can charge at home actually spend charging in public. This will inform strategy in future, not just for businesses looking at costs and productivity, but for networks and authorities rolling out chargers and assessing demand.
“We believe this quarterly report will provide a benchmark for the entire EV sector, businesses and drivers.”
The quarterly Mina EV Report can be downloaded here.