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 costs.
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 optimizing charging times for cheaper rates.
Tips: Enter your EV's energy consumption (check your vehicle specs) and your electricity rate (default 34p/kWh for UK average). All values must be > 0.
Q1: What's the average electricity rate in the UK?
A: As of 2023, the average is about 34p per kWh but varies by tariff and time of use.
Q2: How do I find my EV's energy consumption?
A: Check your vehicle's specifications - typically 3-5 miles per kWh, or monitor your actual consumption.
Q3: Does this include public charging costs?
A: The calculator works for any charging scenario - just input the appropriate rate for home/public charging.
Q4: How does this compare to petrol costs?
A: EV charging is typically 1/3 to 1/2 the cost per mile compared to petrol vehicles.
Q5: Can I calculate cost per mile?
A: Yes - divide the total cost by your vehicle's range (miles per charge) or efficiency (miles per kWh).