Electric vs Petrol vs Diesel
@ January 2024 Prices
Annual Energy Costs only Example Comparison:
Annual Mileage of 7000 *
Electric
No Home Charger
Electric cost using Public Rapid Charging ONLY @ £0.79 per kWh
Efficiency 3.5 Miles per kWh
7000/3.5 = 2000 (kWh) x £0.79 /kWh = Total Cost £1589
Petrol @ £1.41 per litre (Shell Price 04/01/2024)
Efficiency 7.1 Miles per litre
7000/7.1 = 985.91 (Litres) x £1.41 = Total Cost £1390.14
Diesel @ £1.48 per litre
Efficiency 20.0 Miles per litre (super duper highly efficient cdi)
7000/20.0 = 350 (Litres) x £1.48 = Total Cost £ 518
Redex AdBlue 10 litres £16.99
£518 + £16.99 = £534.99
Electric
With Home Charging 75% + Public Rapid Charging 25%
Electric With Ohme Home Charger & OVO Energy Charge Anytime
Electric Home Charging 1500 kWh @ 7p/kWh
Home electricity cost
(75% of your total or 5250 Miles)
1500 kWh x 7p/kWh = £ 105
Electric Public Rapid Charging 500 kWh (25% of your total or 1750 Miles )@ £0.79 per kWh 500 kWh x £0.79 = £395
Total £105 + £395= £500
Summary:
Electric Vehicle Charged by Public Rapid Charging only is the most expensive, followed by Petrol with Diesel next and finally Electric with Home Charging 75% of the time and Public Rapid Charging 25% of the time being the Cheapest in this example.
If you Charged at Home only and never used Public Rapid Charging the Cost for 7000 Miles would be:
2000 kWh x 7p/kWh OVO = £140 *
However your Range would limited to the Maximum of your Vehicle after 1 Charge to 100% Capacity.
*In Year 1 you would also need to pay for your home charger to be installed at a Cost of around £1000.
You will also be paying a standing Charge of around 55p per day for Home electricity.
*7000 Miles is around the Average UK mileage driven in 2023.
You don't have to be average, you just be you and adjust the figures accordingly.