Charging & Energy

Ofgem cap rise makes EV tariff choice critical for fleet drivers

Issue No. 314 Jul 2026Source: Andersen EV
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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 will feel it (Andersen EV). The cap only touches default gas and electricity rates, not the 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 matters as much as what you charge. 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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