E.ON Next cuts UK overnight EV charging rate to 6.9 pence per kWh, lowest among major suppliers
By Eve
E.ON Next has reduced its off peak home EV charging price in the UK to 6.9 pence per kilowatt hour (approximately 9 cents) under its Drive Smart tariff, down from 8 pence. The overnight rate, available from midnight to 6 a.m., is now the cheapest comparable off peak EV charging tariff among major British suppliers, according to The Sun. E.ON Next estimates customers on the Drive Smart tariff could save around £462 (about $624) per year versus the price cap, while those on the Next Drive Fixed tariff, priced at 8.5 pence per kilowatt hour, could save £423 (approximately $571) annually.
Why it matters: Lower home charging costs strengthen the economic case for EV adoption and may reduce pressure on public charging infrastructure as more drivers opt to charge overnight. The competitive pricing among major suppliers signals a maturing residential EV charging market that could influence future tariff structures and grid demand management strategies.