EV Charging Cost

Home vs public EV charging: which is cheaper?

Charging at home on a smart EV tariff is roughly 10× cheaper than the most expensive public rapid network and 3× cheaper than the cheapest. For a Tesla Model Y doing the UK average 7,400 miles a year:

Cheapest smart home
£160.58/yr
Octopus Energy Intelligent Octopus Go, 7.0p/kWh
Standard home tariff
£619.38/yr
Price cap, no smart slot
Cheapest public rapid
£1009.36/yr
Pod Point, 44.0p/kWh PAYG
Expensive public rapid
£2110.48/yr
InstaVolt, 92.0p/kWh PAYG

Modelled on Tesla Model Y at 310Wh/mile real-world × 7,400mi/year = 2294kWh/yr.

Per-session comparison

A full 0 → 100% charge on the same Tesla Model Y:

Where Rate Total cost Cost per mile
Octopus Energy Intelligent Octopus Go 7.0p/kWh £5.25 2.2p/mile
Pod Point (PAYG) 44.0p/kWh £33.00 13.6p/mile

When public charging makes sense