New smart charging initiative could save electric vehicle owners £1,000 a year

The UK government has revealed details of a new plan that it says will boost smart electric vehicle (EV) charging and could save drivers up to £1,000 annually. 

The Electric Vehicle Smart Charging Action Plan, drawn up in partnership with Ofgem, aims to harness the significant potential of smart charging and make it the preferred method of long-duration charging by 2025. 

The government says the plan will offer several major benefits for consumers, including allowing drivers to charge electric vehicles when electricity is cheaper or cleaner; allowing consumers to power their homes using electricity stored in their electric vehicles or even selling it back to the grid for a profit. 

New smart charging initiative could save electric vehicle owners £1,000 a year

A  full breakdown of the plan can be found below: 

  • Motorists will be able to power their homes using electricity stored in their electric vehicles. 
  • EV drivers could save hundreds of pounds and reduce their emissions by smarter charging of their electric vehicles. 
  • Billpayers without electric vehicles will also benefit from a more sustainable, secure and efficient electricity system. 

Through the plan, the government will also improve publicly available information and evidence on smart charging, as well as support the implementation of robust consumer service standards and ensure private charge points are secure and compatible with the latest energy innovations. 

In addition, £16m in funding from the Net Zero Innovation Portfolio (NZIP) has been allocated to the development of smart technologies that leverage the potential of smart charging, such as smart street lamps that will provide on-the-go smart charging access, as well as projects that will enable domestic appliances, such as heat pumps and EV charge points and batteries, to integrate into smarter energy systems.  

“We want to make smart charging an easier choice for drivers of electric vehicles, whether that is charging on the driveway, at the workplace or parked on the street,” said energy and climate minister Graham Stuart. 

“Today’s plan sets out how we will work with Ofgem and industry to kickstart the market for smart charging, which we are backing up with £16m in innovation funding. This will let people take control of their energy usage, in the most convenient and low-cost way.” 

Neil Kenward, director of strategy and decarbonisation at Ofgem, said: “As energy regulator, we’re helping create the infrastructure to deliver Britain’s net-zero future at the lowest cost to customers.

“This latest innovative plan will help to maximise the benefits of smart charging, offer vital savings to consumers and reduce the overall cost of energy by seizing the opportunities to use batteries to both power homes and fuel the wider grid.” 

A government statement said: “The roll-out of intelligent and automated smart charging will deliver a win-win situation for all consumers. Reduced electricity system costs will lower prices for everyone, motorists will pay less for charging their electric vehicle, and the electricity powering electric vehicles will be cleaner and greener.” 

The post New smart charging initiative could save electric vehicle owners £1,000 a year appeared first on Modina.

Go to Source of this post
Author Of this post: Sharon

By admin