E.On Next has reduced the off peak rate on its Next Drive Smart tariff to 6.9p per kWh between midnight and 6am, a move the supplier says saves drivers up to £462 a year compared to charging on the energy price cap. The company has also cut its Next Drive Fixed tariff to 8.5p per kWh off peak, offering savings of £423 annually versus the cap.
Why it matters: Lower home charging costs strengthen the business case for domestic charge point installations and may accelerate residential EV adoption, expanding the addressable market for home charger suppliers and installers. The tariff competition among major energy retailers signals growing confidence in overnight demand management, a key factor for grid operators planning depot and fleet charging infrastructure.