Charging Cost Formula:
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Definition: This calculator estimates the cost to charge an electric vehicle in the UK based on energy consumption and electricity rates.
Purpose: It helps EV owners and potential buyers understand the charging costs compared to traditional fuel vehicles.
The calculator uses the formula:
Where:
Explanation: The energy consumption is multiplied by the electricity rate to calculate the total charging cost.
Details: Understanding charging costs helps with budgeting, comparing to petrol/diesel costs, and evaluating home vs public charging options.
Tips: Enter your EV's energy consumption (typically 3-5 miles per kWh) and your electricity rate (default £0.34/kWh UK average). All values must be > 0.
Q1: What's the average UK electricity rate for EV charging?
A: As of 2023, home charging averages £0.34/kWh, while public chargers range from £0.50-£0.85/kWh.
Q2: How do I find my EV's energy consumption?
A: Check your vehicle's specifications or divide miles driven by kWh used from your last charge.
Q3: Does this include charging efficiency losses?
A: No, for precise calculations add 10-15% to account for charging inefficiencies.
Q4: How does this compare to petrol costs?
A: Typically 3-4x cheaper per mile than petrol, depending on electricity and fuel prices.
Q5: Can I use this for public charging stations?
A: Yes, just input the station's rate which is often higher than home electricity rates.