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Costs and tariffs//7 min read/By Joe McGrath

Updated

Should You Switch Energy Tariff When You Get an EV?

How to

Why switching to an EV tariff is the single biggest money-saving move for UK EV owners — and how to choose the right one for your setup.

The Short Answer: Yes, Almost Certainly

Switching to an EV tariff is the biggest saving available to a new EV owner. It costs nothing, takes ten minutes, and saves £490-550 a year.

A standard tariff at 26.11p/kWh is roughly 3.3 times the off-peak rate on a modern EV tariff.

The Numbers (10,000 miles/year)

TariffOff-Peak RateAnnual CostSaving vs Standard
EDF GoElectric6.99p/kWh£200£546
Octopus Intelligent Go8p/kWh£229£517
Octopus Go8.5p/kWh£243£503
British Gas EV Power9p/kWh£257£489
Economy 7 (typical)~12p/kWh£343£403
Standard variable26.11p/kWh£746

Full comparison at our tariff comparison page.

Which Tariff?

EDF GoElectric — Cheapest Fixed Rate

6.99p/kWh across a seven-hour window, 11pm to 6am. The lowest fixed overnight rate on the market and the longest guaranteed window. No smart scheduling — you set a timer.

Octopus Intelligent Go — Best for Automation

8p/kWh, six-hour off-peak window, and the tariff talks to the car directly so the charger need not be smart. Since 7 May 2026, smart-scheduled charging is capped at six hours in any 24; overflow bills at the peak rate.

Octopus Go — Best for Simplicity

8.5p/kWh, 5-hour window, works with any charger. Set a timer and that's it.

British Gas EV Power — Gentlest Peak Rate

9p/kWh off-peak, five-hour window, and a peak rate of 27.69p — below the Ofgem cap and the lowest of the group. Worth a look if you cannot push the household load overnight.

Economy 7 — Outdated

FactorEconomy 7Modern EV Tariff
Off-peak rate10-15p/kWh6.99-9p/kWh
Peak rate28-35p/kWh28-32p/kWh
Smart featuresNoneTariff integration

Switching from Economy 7 to Intelligent Go saves roughly £114 a year on EV charging alone.

When NOT to Switch

  • Very cheap fixed deal (under 15p/kWh flat) — ride it out
  • Very high daytime usage — model total costs first, though for most households EV savings still dominate
  • Cannot get a smart meter — most EV tariffs require one

Impact on Your Overall Bill

TariffHousehold CostEV ChargingCombined
Standard (26.11p flat)£704£746£1,450
Octopus Go£666£243£909
Octopus Intelligent Go£654£229£883

Even accounting for slightly higher peak rates, Intelligent Go saves around £570 a year on combined costs.

Charger Pairing

  • Ohme Home Pro — integrates with Octopus Intelligent Go and Agile
  • Tesla Wall Connector — Tesla vehicles schedule charging natively
  • Any charger with a timer — works with Octopus Go or British Gas

See our best EV tariff guide for detailed pairing advice, and the UK EV Charging Cost Index for per-mile costs.

How to Switch

  1. Check your current tariff and any exit fees
  2. Compare options on our tariff comparison
  3. Apply online (10-15 minutes)
  4. Book smart meter installation if needed (free)
  5. Set your charging schedule for the off-peak window

The whole process takes 2-4 weeks.

The Bottom Line

Switching saves £490-550 a year with zero upfront cost. Every month of delay is roughly £40-45 in unnecessary charging expense.

See our EV tariff comparison or the charging cost breakdown for the numbers behind those figures.

FAQ

Frequently asked questions.

Switching from standard (26.11p/kWh) to Octopus Intelligent Go (8p/kWh off-peak) saves £517 per year at 10,000 miles. EDF GoElectric, at 6.99p, saves £546.

Your next useful step: compare EV tariffs with the same assumptions.

Already chosen the tariff and charger? .