UK EV charging rollout accelerates as ECIU finds drivers could save £200 annually versus petrol
By Eve
Analysis by the Energy and Climate Intelligence Unit shows UK EV drivers could save the equivalent of £200 per year compared to petrol vehicle owners, driven by falling charging costs and rising fuel prices linked to Middle East conflict. Octopus Energy will cut its overnight EV charger tariff to 5.5 pence per kWh from 1 April. The findings come amid significant charging deployment announcements from Voltempo, TotalEnergies, ESB Energy, Evolt Charging, Ionity and others across the UK.
Why it matters: Lower charging costs and widening price gaps with petrol strengthen the commercial case for workplace and destination charging investments. The tariff cuts and deployment activity signal growing confidence in UK EV infrastructure demand, relevant for CPOs planning site rollouts and procurement teams evaluating long term operating economics.