British Gas and npower launch first EV tariffs in U.K.


London and Swindon, U.K. — (METERING.COM) — May 26, 2011 – Two of the U.K.’s big six utilities, British Gas and npower have announced plans to launch energy tariffs for electric vehicle owners.

Under the British Gas tariff, which will form part of a deal including priority installation of a smart meter, EV owners could pay as little as 1.25p per mile to power their car. Based on current fuel prices, on an average distance of 10,000 miles per year, this could cut £1,200 from an owner’s annual fuel costs, the company estimates.

The tariff will be launched in the summer for up to 150 owners of EVs to help British Gas gain an in-depth understanding of the energy needs of EV households and help shape future products and services. Thereafter it will be available to all EV owners from early in 2012.

Meanwhile npower has said that it plans to launch an EV tariff during the summer. Though no details are available yet, the company says it is “considering all options” with the aim “to match the usage for charging the vehicle from renewable sources and to make it as affordable as possible.”

According to npower, from a recent survey conducted by the company around a third of Britons would consider purchasing an EV in the next five years. However, this is likely to be an underestimate as the survey also revealed considerable lack of knowledge about EVs and their costs.