How Much Does It Cost to Charge My EV for a Month?
Back in June I wrote about whether I've saved money by switching to an EV. But I charge my car at work quite a lot, so how much does it actually cost to charge my EV For a month?
I ended the previous post by saying:
Next month (July) I'm going to charge the MG only at home to give me a better idea of what it would cost if I didn't have the ability to charge at work. I think that will be an interesting comparison for people who don't have that ability.
So that's what I did. For July 2024, I charged my car solely at home to give me a proper picture of what it costs to run it. July turned out to be a good month to test too, as I did lots of driving - including a run to the airport and back.
It's around a 45 mile (1 hour) drive to the airport and I still had 44% battery left when I got back, and that's after the car had sat there for 3 days too. Range anxiety my arse.
The numbers
Over the course of July, I charged my car 6 times. I have a smart meter at home, so was able to accurately measure the exact amount of energy (kWh) I consumed per charge. I then converted it to pounds sterling, based on the energy tariff I have at home.
Here's the breakdown of what my charging looked like for July 2024:
| 02 July | 06 July | 08 July | 11 July | 19 July | 26 July | |
|---|---|---|---|---|---|---|
| kWh | 29.19 | 28.42 | 10.65 | 28.33 | 35.87 | 35.70 |
| Cost | £2.48 | £2.42 | £0.91 | £2.41 | £3.05 | £3.03 |
Total cost: £14.29 (~$18.25)
A few people have asked how much it would have been to charge if I didn't get the cheap EV rate for electricity overnight. Based on the usage above, it would have cost me £41.24 ($52) at full price (24.53 pence/kWh instead of 8.5 pence/kWh).
Considering my Land Rover would cost around £100 (~$128) to fill up, and that would last me 2 weeks if I was lucky, the EV is way cheaper than burning liquidised dinosaurs.
I continue to be really impressed with my EV and have absolutely no regrets buying it.