What determines EV running cost

Two factors drive your EV running cost: the vehicle's energy efficiency and the electricity price you pay.

Energy efficiency is measured in kWh per 100 miles — how much electricity the vehicle uses to travel 100 miles. A typical EV in the UK uses around 26 kWh per 100 miles. Smaller, more efficient models may use 12 to 23 kWh per 100 miles, while larger SUVs and performance vehicles can use 18 to 35 kWh per 100 miles.

The electricity price depends on where and when you charge. Home charging on a standard rate costs around £0.26 per kWh, off peak rates are around £0.15 per kWh, and dedicated EV tariffs can be as low as £0.07 per kWh. Public charging is more expensive, with DC fast charging typically around £0.75 per kWh and ultra rapid DC chargers around £0.85 per kWh.

The formula is straightforward:

EV efficiency (kWh per 100 miles) × Electricity price (£ per kWh) = Cost per 100 miles

If you select your vehicle and set your electricity rate in the My EV panel, the reference tables throughout this guide and every calculator on the site update automatically to show running costs based on your vehicle's actual efficiency and the rate you pay.

Cost per mile

The cost per mile is the most practical way to understand EV running cost because it lets you compare directly with petrol vehicles and estimate costs for any distance.

Electricity priceCost per 100 miCost per mi
£0.06 per kWh (Home solar)£1.541.5 pence
£0.07 per kWh (EV tariff overnight)£1.801.8 pence
£0.15 per kWh (Economy 7 night)£3.863.9 pence
£0.26 per kWh (Standard rate)£6.786.8 pence
£0.49 per kWh (Public AC)£12.6212.6 pence
£0.75 per kWh (Rapid DC)£19.3119.3 pence
£0.85 per kWh (Ultra rapid DC)£21.8921.9 pence

Based on a typical EV (25.7 kWh per 100 mi). More efficient vehicles will cost less, and larger or less efficient vehicles will cost more. Cost per mile is the figure worth committing to memory, because it makes any journey easy to price in your head.

At a standard home rate, the running cost is about 6.8 pence per mile. On a dedicated EV tariff, it drops to just 1.8 pence per mile. For context, a medium petrol car doing 35.3 MPG at £1.62 per litre costs 21 pence per mile — roughly three to four times more than a home-charged EV.

Monthly and annual running cost

To estimate your monthly or annual running cost, multiply the cost per 100 miles by your driving distance.

EV efficiency × Annual distance ÷ 100 × Electricity price = Annual cost

Electricity priceMonthly costAnnual cost
£0.06 per kWh (Home solar)£10£116
£0.07 per kWh (EV tariff overnight)£11£135
£0.15 per kWh (Economy 7 night)£24£290
£0.26 per kWh (Standard rate)£42£508
£0.49 per kWh (Public AC)£79£946
£0.75 per kWh (Rapid DC)£121£1,448
£0.85 per kWh (Ultra rapid DC)£137£1,642

Based on 7,500 mi per year and a typical EV (25.7 kWh per 100 mi). Set against a petrol car's fuel bill over the same period, this is usually where the case for switching is won or lost.

How charging behaviour affects running cost

The electricity price you pay depends on when and where you charge. This makes charging behaviour one of the biggest levers for controlling your EV running cost.

Home charging — cheapest option

Charging at home overnight is usually the cheapest way to run an EV. Most EV owners do the majority of their charging at home, either on a standard residential rate or an off peak tariff. A dedicated EV tariff at £0.07 per kWh makes home charging extremely cheap — under £200 per year for typical driving distances.

Mixed charging — typical scenario

Most EV owners use a mix of home and occasional public charging. If 80% of charging is done at home on a standard rate and 20% on public DC fast chargers, the blended annual cost for 7,500 miles would be approximately £888 — still well under half the equivalent petrol cost.

Public charging only — most expensive

Relying exclusively on public DC fast charging at £0.75 per kWh pushes the annual cost to £1,560. Ultra rapid DC charging at £0.85 per kWh would cost £1,920 per year. This is still cheaper than petrol for most vehicles, but the cost advantage is significantly reduced. Drivers without home charging access can reduce costs by using public AC chargers where available, which are typically cheaper per kWh than DC fast chargers.

EV running cost vs petrol

Regardless of how you charge, an EV is almost always cheaper to run per mile than a comparable petrol vehicle. The size of the saving depends on the electricity price and the petrol price.

VehicleCost per 100 miAnnual cost (7,500 mi)Annual saving vs petrol
EV at Home solar (£0.06/kWh)£1.54£116£1,445
EV at EV tariff overnight (£0.07/kWh)£1.80£135£1,425
EV at Economy 7 night (£0.15/kWh)£3.86£290£1,271
EV at Standard rate (£0.26/kWh)£6.78£508£1,052
EV at Public AC (£0.49/kWh)£12.62£946£614
EV at Rapid DC (£0.75/kWh)£19.31£1,448£112
EV at Ultra rapid DC (£0.85/kWh)£21.89£1,642£-81
Petrol vehicle (35.3 MPG at £1.62/L)£20.81£1,560

Electric rows use a typical EV (25.7 kWh per 100 mi). The petrol row assumes a medium car at 35.3 miles per gallon and £1.62 per litre. Energy and fuel only, before servicing or tyres.

Even at DC fast charging prices, the EV saves meaningfully per year compared with petrol. At a home standard rate, the saving is substantial. On a dedicated EV tariff, the saving is large enough to make a meaningful impact on the total cost of ownership.

Running cost by vehicle size

Vehicle size and efficiency affect running cost. Larger, less efficient EVs cost more per mile than smaller ones, though they are still cheaper than their petrol equivalents.

Vehicle type Typical efficiency EV cost per 100 miles Petrol equivalent per 100 miles
Small EV / small car 21 kWh / 47.1 MPG £5.53 £15.60
Medium EV / medium car 26 kWh / 35.3 MPG £6.84 £20.81
Large EV / large car or SUV 32 kWh / 28.2 MPG £8.42 £26.01
Performance EV / large SUV 39 kWh / 23.5 MPG £10.26 £31.21

EV costs based on home standard rate of £0.26 per kWh. Petrol costs based on £1.62 per litre. Vehicle type fuel use presets from locked calculator values.

Regenerative braking — a hidden saving

Regenerative braking is one of the less obvious cost benefits of driving an EV. When you lift off the accelerator or brake, the electric motor runs in reverse and acts as a generator, converting kinetic energy back into electricity and feeding it into the battery.

Energy recovery

The amount of energy recovered through regenerative braking varies depending on driving conditions. In stop-and-go city driving, regen can recover a meaningful amount of energy — extending range and effectively reducing the amount of electricity you need to buy from the grid. On a long, flat highway it contributes less, but in urban and suburban driving it adds up over time.

Reduced brake wear

Because regenerative braking handles much of the deceleration, the physical brake pads and discs are used far less than in a petrol vehicle. Many EV owners find their brake pads last significantly longer — in some cases lasting the life of the vehicle. This reduces one of the routine maintenance costs that petrol vehicle owners face regularly.

Neither the energy recovery nor the brake savings are dramatic on their own, but combined and compounded over years of ownership they contribute meaningfully to the total cost advantage of an EV.

EV electricity plans

Having an EV registered to your address can unlock access to electricity plans that are not available to non-EV households. Several UK energy suppliers offer EV-specific plans with significantly lower rates for overnight charging.

How EV plans work

EV electricity plans vary by supplier. Some offer a dedicated EV tariff with rates as low as £0.07 per kWh during overnight hours as part of a time-of-use plan. Others offer discounted off peak rates across your whole household electricity supply when you sign up as an EV owner.

The setup depends on your situation — your distribution network operator, whether you have single or three-phase power, and whether a separate meter is required. It is worth comparing the available EV plans in your area, as the right plan can reduce your charging cost by 50 to 70 percent compared with a standard residential rate.

Finding the right plan

Different plans suit different circumstances. If you have solar panels, a plan with a good export rate and a low off peak rate may be ideal. If you charge exclusively overnight, a dedicated EV tariff with the lowest possible overnight rate may save the most. Comparing plans through an energy comparison service or checking directly with suppliers that offer EV tariffs is the best starting point.

Solar and battery charging

Owners with rooftop solar can charge their EV using excess solar generation during the day, effectively reducing the cost of charging to near zero for those kilowatt hours.

Solar charging

If your EV is parked at home during daylight hours and your solar system is generating more electricity than the household is using, the excess can go straight into the car instead of being exported to the grid at a low export rate. This makes the effective cost of that electricity very low — in many cases better than even the cheapest EV tariff.

Solar with battery storage

A home battery storage system takes this a step further. Excess solar generated during the day is stored in the home battery and can be used to charge the EV overnight — even when the sun is not shining. This means you can charge your car from solar energy regardless of when you plug in, further reducing your reliance on grid electricity.

Cost perspective

The upfront cost of a solar and battery system is significant, but it is important to recognise that the investment covers your entire household electricity use — not just the EV. The EV benefits from a system that is already reducing your power bills across lighting, appliances, heating and cooling. In that context, the marginal cost of adding EV charging to an existing solar setup is very low.

For households that already have solar or are considering it, the combination of solar generation, battery storage and an EV creates a compounding cost benefit that grows over time.

Beyond electricity — other running costs

Electricity is the main ongoing running cost for an EV, but there are other costs to factor in.

Tyres

EVs tend to be heavier than equivalent petrol vehicles due to the battery, and the instant torque of an electric motor can increase tyre wear. Tyre replacement costs are similar to petrol vehicles, though some EV-specific tyres designed for lower rolling resistance and noise may cost slightly more.

Servicing

EVs have significantly fewer moving parts than petrol vehicles — no engine oil, no spark plugs, no timing belts, no exhaust system. Most EVs also use a single-speed transmission rather than a complex multi-speed gearbox, which means one less mechanical system to maintain or repair. Combined with reduced brake wear from regenerative braking, this means servicing costs are generally noticeably lower than for a petrol vehicle. Routine EV maintenance typically includes brake fluid, cabin air filter, tyre rotation and multi-point checks.

Insurance

Insurance premiums for EVs have been higher than petrol equivalents in some cases, partly due to higher purchase prices and repair costs. This gap has been narrowing as insurers gain more experience with EVs and repair networks expand.

Vehicle Excise Duty and the 2028 mileage charge

Electric cars are no longer exempt from Vehicle Excise Duty. Since 1 April 2025 they have paid it like any other car: the first-year rate is nominal, after which the standard rate applies — £200 for 2026/27. Cars with a list price above £50,000 also pay the Expensive Car Supplement of £440 a year in years two to six, a threshold raised from £40,000 for electric cars in April 2026. The EV road tax calculator works out what a specific car pays.

A distance-based charge is coming as well. Electric Vehicle Excise Duty (eVED) starts in April 2028 at 3p per mile for battery electric cars and 1.5p for plug-in hybrids, charged on top of standard VED and rising with CPI from 2029/30. Electric vans are exempt. At 7,500 miles a year that is around £225 on top of the £200 standard rate. It does not apply yet, so the totals on this page do not include it, but it is worth factoring into a decision about a car you expect to keep past 2028.

Grants and incentives

The Plug-in Car Grant for private buyers ended in 2022, so there is no general purchase subsidy on a new electric car any more. What remains is narrower and worth checking rather than assuming: grants toward home and workplace chargepoint installation for some households, particularly flats and rented property, and support schemes that vary between England, Scotland, Wales and Northern Ireland.

The larger saving for most people is not a grant at all. Company car tax on an electric vehicle is charged at a far lower benefit-in-kind rate than on a petrol equivalent, which is why salary sacrifice schemes have driven so much of the UK EV market. If your employer offers one, that is likely to be worth more than any grant, and it sits outside what this site models.

Frequently asked questions

Does electricity price affect EV running cost significantly?

Yes. Electricity price is one of the two main factors that determines EV running cost, along with vehicle efficiency. Charging at an EV off peak rate of £0.07 per kWh instead of a standard rate of £0.26 per kWh can reduce fuel cost by around 70 percent. On the other hand, relying heavily on public DC fast chargers at £0.75 per kWh or more can significantly reduce or eliminate the cost advantage over petrol for some vehicles. This is why charging behaviour has a large impact on the true running cost of an EV.

Does how I charge affect my EV running cost?

Yes, significantly. The electricity price you pay depends on when and where you charge. Charging at home overnight on an off peak tariff is usually the cheapest option. Public AC chargers are more expensive. DC fast chargers are the most expensive per kWh and can sometimes cost more per mile than petrol if used exclusively. Most EV owners minimise running cost by doing the majority of their charging at home and reserving public fast charging for occasional longer trips.