Ofgem cap rise makes EV tariff choice critical for fleet drivers

UK Energy Price Cap rises from 1 July, which could push up home-charging costs for EV drivers on standard variable tariffs.

THRIVE Newsdesk · Charging & Energy · Issue 3Published
Energy price cap rise hits home charging costs
Illustration generated for THRIVE

Ofgem's Energy Price Cap goes up again from 1 July, and drivers relying on standard variable tariffs to charge at home could see their costs rise (Andersen EV). The cap limits default gas and electricity rates and does not directly set the price of specialist EV tariffs from suppliers like Octopus, OVO and E.ON, so home-charging costs are now as much about tariff choice as pump price ever was. Andersen EV's chief executive David Martell makes the obvious but easily ignored point: how you charge your EV matters. For fleets with home-charging reimbursement schemes, that means checking drivers aren't stuck on default tariffs while smart, off-peak alternatives sit untouched nearby.

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