Energy supplier launches new EV tariff

OVO Energy has launched a new electric vehicle (EV) charging tariff for members across the country. 

The new tariff is the only green energy plan that brings customers separate rates for their car and home. 

By splitting the EV charging costs from home electricity charges, customers will be credited back for the amount of electricity saved via EV smart charging every month. 

According to OVO Energy, customers using the tariff could power their EV for just £100 across the year. 

The tariff also offers customers complete flexibility with a guaranteed, ultra-low rate of only 5p/kWh no matter when they plugin. 

Drivers will also have access to Kaluza’s intelligent software, which uses AI algorithms to automatically optimise their car to charge during times of low energy demand when emissions and prices are also low. 

Chris Russell, managing director of OVO Drive said: ‘Our OVO Drive + Anytime trial in January was a real success and we’re thrilled to be rolling out this pioneering new plan nationwide.

‘To be able to offer our EV-driving customers an affordable and hassle-free way of joining us in our mission to achieve a carbon zero future is amazing.’

Autumn Pray, chief Product Officer at Kaluza commented: ‘For the world to step up its response to the climate emergency and drastically cut emissions from energy, we need to take advantage of the latest smart technologies at our fingertips.

‘The OVO Drive Anytime tariff is a prime example of how we can make it easy for individual customers to become the driving force of the energy transition – by rewarding people for trusting in the technology that is enabling a more resilient, greener energy system. It is exciting to be working with OVO on such a pioneering offering that creates a win-win for both drivers and the planet.’

Photo by Ed Harvey