Eco-Living Magazine

You Can Now Save £1,000 Per Year by Buying an Electric Vehicle

Posted on the 23 June 2022 by Ecoexperts @TheEcoExperts

How much does it cost to refuel?

Filling a 50-litre tank with petrol now costs £93.43, according to government data.

The average electric vehicle can be fully charged for five times less - just £18.

You'll need to top it up twice as many times per year as a petrol car, but you'll still pay 2.7 times less by going electric.

It costs 9p to drive a mile in an electric vehicle, and 24p in a petrol-fuelled car.

Over a year and 6,800 miles, that adds up to a £1,014 saving - as long as you use a home charging station. Since they cost around £950, you'll typically make your money back within a year.

And even if you only use public chargers, you'll still save £548 per year.

Use our calculator tool to see how much you could save per year by switching to an electric vehicle:

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