A new government scheme is aiming to unlock the potential of smart electric vehicle charging, helping owners of EVs to save hundreds each year on their energy bills.
With the cap on the Energy Price Guarantee set to increase by 20% in April 2023, electric vehicle drivers will be able to minimise their spendings on energy bills.
The government has said that the smart charging scheme will help motorists charge their EVs when the electricity is cheaper.
Apparently, drivers can also use the electricity stored in their EVs to power their own homes, allowing them to benefit from lower energy bills.
As a further bonus, the scheme will also allow consumers to sell the electricity from their vehicles back to the National Grid for profit.
With the ban on the sale of new petrol and diesel cars being introduced in 2030, the smart charging plan aims to further encourage more drivers to make the switch to electric.
The report states that the average electric vehicle driver could save around £200 a year, and a high mileage driver up to £1000 a year, with the introduction of smart charging across the UK.
The government is aiming to make smart charging commonplace for EV drivers by 2025.
Tim Alcock at LeaseElectricCar.co.uk said: “By reducing the demand for electricity, such as pumping electricity from EVs into the home, this will in turn help contribute to lowering the overall demand and costs for bill payers across the country.
“As we head towards an increase of the energy price cap, the smart charging scheme is a positive step forward for the country to help reduce costs for all consumers.