How much would I save Electric vs Petrol? My petrol figures below

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    Topic
  • #289975
    MM5
    Participant

      Average 28mpg and do 15,000 miles per year.

      I am struggling to understand what all the electic stuff means?

      I heard octopus energy offer cheap electricity over night or something but what would that be?

      I currently spend around 400 a month on fuel and was wondering what it would cost me with a electric octopus energy tarriff.

      I understand I can google it a bit but I am not sure of the best price per kwh?? is and also it wont let me provide accurate MPG

       

      any help would be great.. Also the electric car i am looking at is : 157kW GT 73kWh 5dr Auto

       

      Thank you guys

    Viewing 25 replies - 1 through 25 (of 34 total)
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    • #289976
      TomThumb
      Participant

        @MM5 have you got off road parking? & are you in a position to have a home charger fitted?

        as constantly charging away from home incurs greater running costs.

         

        Tom…

        #289977
        MM5
        Participant

          Thank you for the reply, Tom. Yes we have that and would be able to get one fitted. Also have an outdoor socket too if that helps?

          #289980
          des
          Participant

            This is the easiest question ever answered. At 28mpg you will save a fortune no matter what pence you pay per kilowatt. Lol

            I’m driving the e3008 GT now and for range you’d be looking at 220 miles of a full charge bad weather and hopefully around 270 good weather.

            You can charge at home so it should be a no brainer to switch and if in England even better as they have the best electric tariffs. And as you’ve already thought about I don’t imagine you’ll have range anxiety, which TBF is really only something a few would need to worry about.

            #289981
            BarkSnarly
            Participant

              With a suitable home Charger (Ohme) or Vehicle –  Intelligent Octopus Go will give you 6 hours of off peak (11:30 pm to 05:30 am) electricity at 7p per Kilowatt Hour (£0.07 / kWh).

              Looking at EV Database the Peugeot e-3008 you suggest will average 235 miles from it’s 73kWh battery which equates to 3.2 miles per kWh.

              Therefore a full battery charge will cost approximately £5.11 (not including charging losses). If you ONLY charge at home then 15000 miles would cost approximately £328 (15000/3.2×0.07) per year. If you charge away from home you can expect to pay anything from 35p to 90p per kWh.

              So roughly speaking your yearly fuel bill for an EV (charged at home off peak) would be less than you currently pay per month in fuel!!

               

              #289983
              Glos Guy
              Participant

                Out of interest, what is your current car? 28 mpg is shocking. Our last petrol car averaged 42 mpg and that was a petrol 4WD SUV! Is it a Volvo? Their petrol engines seem to drink like fish!

                The question is not whether you will save a lot of money as that’s a no brainer (you will) but if  a BEV would suit your needs, and only you can really answer that!

                #289984
                TomThumb
                Participant

                  As a comparison

                  atm my Hyundai Kona is averaging 3.9 mi/kWh   So 1500ml at today’s rate 7p per kWh

                  equates to £270 for 15,000ml

                  Petrol @ 28mpg  @  >£1.40l = £6.36g

                  equates to £3,400 for 15,000ml

                  as always ymmv

                  As mentioned, those figures are costed via home charging @7p per kWh.

                  Where as an example

                  InstaVolt as today is @85p per kWh equates to £3270 per 15,000ml

                   

                  Tom…

                  #289985
                  Ioniq
                  Participant

                    Fuel spend between  an EV and a petrol car.

                    I used to fill the petrol tank when it got halfway and it cost £25 a year ago. To half fill the EV is £2.11 on a home charger with Octopus. The miles were similar, the petrol tank was only good for 310 miles.

                    I used to spend £120/Month on petrol. I discovered a few weeks ago, I got 6 months running on £120 of electricity.

                    That is the difference I noticed.

                    Your cost savings are enormous, but you need a home charger to achieve this. Oh and you will never again buy a can of de-icer or get into a freezing cold car ever again.

                    #289987
                    TomThumb
                    Participant

                      Forgot to mention offset costs.

                      Do remember to factor in additional costs like charger supply & installation

                      (Free for 1st motability EV) or circa £1000

                      Additional purchases price / premium over an ice variant (or AP on motability)

                       

                      Assumption had been you are a motability customer, but not taken for granted 👍

                      Tom…

                      #289988
                      MM5
                      Participant

                        Out of interest, what is your current car? 28 mpg is shocking. Our last petrol car averaged 42 mpg and that was a petrol 4WD SUV! Is it a Volvo? Their petrol engines seem to drink like fish! The question is not whether you will save a lot of money as that’s a no brainer (you will) but if a BEV would suit your needs, and only you can really answer that!

                         

                        Seat Tarraco FR4 190hp- Usually got 4-6 people in it..

                        The price difference seems astronomical and it only makes sense for me to go electric.. I can not believe when you actually write the figures down that ive put almost 10k£ in petrol in 3 years..

                        #289999
                        Glos Guy
                        Participant

                          That’s shocking consumption. You could still save a fortune compared to now with a far more fuel efficient ICE car, but if you have fully got your head around the pros and cons of an EV and decided that it’s right for you then go for it. As others have said, you will literally save thousands, as long as the AP isn’t ridiculous. As @TomThumb rightly points out, you need to look at the total costs, including AP, as a high upfront cost will make a sizeable dent in your running cost savings. However, at 28mpg, the only way is up 😂

                          #290002
                          kezo
                          Participant

                            When you say you carry 4-6 people, it will difficult to carry a 6th person with any of the available EV’s on the scheme! Something like the new Skoda Kodiaq PHEV may be worth a look, unless you plan on sitting the 6th person on the roof 😂

                            #290005
                            Footloose
                            Participant

                              I honestly thought I read it wrong when you said £400 per month as currently that’s almost 2 years electricity cost for my Cupra Born.

                              The savings are massive if you’re fortunate enough to charge at home so if you can do that then it’s a no brained 👍

                              #290010
                              Avatar photoPaulmck
                              Participant

                                Worth checking you can move to an EV electric tariff with cheap overnight electric.  Our proximity (8 miles) to the early warning radar station at RAF Fylingdales means our smart meter can’t communicate with the electric company so we are stuck on the single day rate.  Even then at 22p/Kwh it’s still cheaper than petrol, and will probably be even better when petrol prices go up in the budget at the end of the month.

                                I’ve heard this is also an issue for people that live up to 30 miles away from the radar base, and others elsewhere in the uk that are close to military bases have the same problem.

                                #290012
                                MM5
                                Participant

                                  Appreciate all the replies. I’m gonna probably go for the e5008. I need a minimum 7 seater. The 9 seaters are too big for me and the other 7 seaters have a 100 miles less range which isn’t enough.
                                  as for my tarraco. I can’t wait for it to be gone. 4400 down payment for that and over £10k in fuel in three years.  Constant engine epc warning lights. Not starting after just a couple of mins with the radio on. The AP on the Peugeot is a bit silly but it makes no sense to not go down that route looking at the figures you guys have given me. I will have saved in just 1 year kind of. The other petrol / hybrid / 7 seater options are okay but again even if I get 45mpg which I won’t. It would still be cheaper to go ev. Won’t be touching that hybrid 5008 6k Down payment though 🤣

                                  #290016
                                  MFillingham
                                  Participant

                                    The trick is choosing a suitable car.  Big cars are few and far between on the scheme and most that seat over 5 people are effectively vans.  what’s more concerning is that the battery sizes are around the 50kWh area which is a long way from good enough to get a large vehicle any reasonable distance in winter.

                                    For example, a van doing 60mph with a realistic 150 mile range will need topping up not long after 120 miles at most.  That means a 300 mile one way journey is 2 full recharges, which will be about 90 minutes off the road.  Conversely the e5008 will only need one charge and that could be as little as 30-40 minutes. It’s not ideal but is better.

                                    With its 800V architecture, there’s a much faster charging with the EV9 and whatever the Hyundai version may be.  That means even with the same range, the stop times are nearly halved.

                                    Think really hard about how often you go beyond the max range.  I found the the MgZS I had with a 44.5kWh battery was effectively keeping us from going anywhere in the winter.  The Ioniq 5 we now have can travel nearly double the distance on a run and that makes a huge psychological difference to thinking about going away for a day/weekend.

                                    As for the costs, simple maths tells you a full charge will be around £5 but that’s from absolutely crawling to the charger with every warning going nuts.  Again simplish maths says at 4 miles per kWh you’ll be getting around 280 miles off that £5.  At 30 mpg and a gallon costing north of £5 it’s pretty obvious how much you’ll save.

                                    When I first switched to EV fuel was below the £1 per litre, I still saved around £60 per week doing less than 200 miles.  At today’s prices my monthly savings would be substantial, as in covering charger install costs within a year type substantial.

                                     

                                    I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
                                    I'll try to give my honest opinion but am always open to learning.

                                    Mark

                                    #290020
                                    Ioniq
                                    Participant

                                      You could go down to your peugeot dealer an pile in to the e5008 an try it out for size.

                                      Only way to know if its for ya.

                                      #290023
                                      Avatar photoMarkPerry
                                      Participant

                                        Hi,

                                        You’ll need to work out how many kWh you’d use based on your annual mileage. What car are you looking at? Once you know that, have a look on Octopus’ website for their Intelligent tariff and go from there.

                                        You also need to factor in the cost of installing a charger at home.

                                        Hope that helps

                                        #290031
                                        MM5
                                        Participant

                                          You could go down to your peugeot dealer an pile in to the e5008 an try it out for size. Only way to know if it’s for ya.

                                          we currently have the Tarraco  and space wise it is fine. I think the dimensions on the pug 5008 are bigger but definitely gonna try and get a test drive of it.

                                          #290074
                                          Ioniq
                                          Participant

                                            Hope it works out for you an the family.

                                            Free home charger, some installations are non standard and require extra cash, but that is repaid in a month or two of money saved over a petrol car.

                                            What will happen with AP,s are Motability will increase the AP,s of ICE cars to force everyone on to EV,S. Anyway, or just leave them off the scheme.

                                            The other method is the £15k levy on ICE cars sold over quota. Carrot and stick works every time

                                             

                                            #292800
                                            MM5
                                            Participant

                                              Still undecided what to do… I have 17 days before my lease is up and I can not extend.

                                              What if I get stuck somewhere at a public charger?

                                              Is the pricce there similar to ICE vehicles?

                                              #292801
                                              MFillingham
                                              Participant

                                                Still undecided what to do… I have 17 days before my lease is up and I can not extend. What if I get stuck somewhere at a public charger? Is the pricce there similar to ICE vehicles?

                                                 

                                                Why would you get stuck somewhere?  Do you wait until you’re running on fumes before refilling the tank?  The same works for charging.  You’d aim to be recharging with 20-30 miles remaining.  That’s enough peace of mind to find an alternative charger should there be any need.

                                                If you’re getting the right BEV then you should be able to recharge well within range without changing driving habits, unless you’re one of those who can drive for hours without needing to stop.

                                                There’s a lot of false information spread by those deliberately trying to paint BEVs in a bad light.  Like the guy who drove from Scotland to London and deliberately ran out of juice trying to get to what he posted as his only charging opportunity on his route.  This was closely followed by someone posting the ZapMap route showing dozens of chargers he missed.

                                                So far I’ve seen problems charging at the times you’d really obviously expect them, like the day before the Christmas break kicks off and nearly everyone is going somewhere or the August bank holiday weekend, again where tourism is at its height.  It’s possible to get anywhere in the country on just about any day without additional stress for charging as long as you’ve the right car.  If you’ve a car claiming 300+ miles per charge, you can charge every 180-200 miles and be absolutely fine.

                                                I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
                                                I'll try to give my honest opinion but am always open to learning.

                                                Mark

                                                #292803
                                                Ioniq
                                                Participant

                                                  @mm5

                                                  Just over a year ago I was spending £120/month on petrol and about 6k miles/ year.

                                                  Then I got my home charger and an EV,  Ioniq 5.

                                                  According to my Ohme app, i had 5 months of running before it cost me £120.

                                                  To be honest there are ZERO downsides to leasing an EV over a petrol car, but you do need the home charger.

                                                  As a rough estimate if you are spending £400/ months on petrol.

                                                  You will be spending £40/ month running the EV for tge same miles.

                                                  If you get stuck with a petrol car as you put it, you phone the RAC. You do the same with an EV.

                                                  Oops, I thought it was a new post an no an old one…lol.

                                                   

                                                  #292806
                                                  MM5
                                                  Participant

                                                    Are public chargers expensive? Let’s say it cost me £5 at home for a full charge, I heard public chargers cost the same as if I was putting petrol in. Is that true? Not that I’d use them often like. I do agree with the thing of people trying to put you off. EVEN  my family are trying to put me off going electric for stupid reasons I won’t go in to.

                                                    I’ve never had a test drive before on my previous 3 cars. Luckily they turned out well. But I’m just nervous to ask for one because I have witnessed first hand how they treat you differently when you mention “motability”

                                                    #292807
                                                    kezo
                                                    Participant

                                                      Still undecided what to do… I have 17 days before my lease is up and I can not extend. What if I get stuck somewhere at a public charger? Is the pricce there similar to ICE vehicles?

                                                      If you can have a charger installed at home and therefore charge from home the majority of time, your running costs will be much cheaper than petrol.

                                                      If you can’t have a charger fitted at home and have to rely on public chargers, running costs will be similar or more than petrol depending what chargers you use.

                                                      If you run out of battery the RAC will top you up, in a similar way they would with petrol.

                                                      #292808
                                                      MM5
                                                      Participant

                                                        Still undecided what to do… I have 17 days before my lease is up and I can not extend. What if I get stuck somewhere at a public charger? Is the pricce there similar to ICE vehicles?

                                                        If you can have a charger installed at home and therefore charge from home the majority of time, your running costs will be much cheaper than petrol. If you can’t have a charger fitted at home and have to rely on public chargers, running costs will be similar or more than petrol depending what chargers you use. If you run out of battery the RAC will top you up, in a similar way they would with petrol.

                                                         

                                                        Are you able to have a charger at a relatives house at all? Would they allow that or would I have to pay for one myself?

                                                         

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