Are there any financial benefits to charging my car at home?

Posted by formed on 11 December 2018

I’m sure you’ve seen the adverts and heard the government proposals, electric cars are the future!

We should all know by now the benefits to the environment of owning and running an electric car…but what about the financial side? Generally speaking the purchase of an electric car would set you back a little more than a petrol or diesel car, but the savings thereafter pretty much speak for themselves.

The most cost effective way to charge your car is overnight at your home, with the government grants currently covering up to £500 of the installation cost.

Now I am the type of person who runs around the house switching lights off and making sure all plugs are off if not in use, so the thought of charging something overnight at my house instantly fills me with dread. Why would I switch to electric if it’s going to send my electricity bill through the roof? The good news is, it isn’t.

Take the Nissan Leaf as an example, to fully charge this vehicle overnight would cost just under £4 giving you a range of approximately 115 miles. Factor in to that equation that you also don’t pay road tax on electric vehicles, the savings are huge!

So in short, other than it being slightly more expensive to buy the car in the first instance, the savings following it are not to be sniffed at. As previously stated, the government is currently offering a grant of up to £500 to have a charging point installed in your home.

If your considering making the switch to electric vehicles, now is definitely the time to do it. Call us to see how we can help you and install a car charging point in your home.

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