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Electric vehicle drivers in the UK are potentially missing out on up to £168 million on their annual energy bills by not switching to smart tariffs.
Easee, an EV charging technology company, conducted research on electric vehicle charging costs.
The data found that 28 per cent of Britain’s EV drivers continue to charge their vehicles during peak times – between 8am and 11am, or 4pm to 10pm – rather than switching to off-peak times with smart tariffs.
The firm analysed that if drivers switched to a smart tariff, they could save between £265 and £372 a year, depending on their weekly charging needs.
This amounts to a total of £168.2 million in lost savings across the country.
A smart tariff is an energy plan that varies in price throughout the day, with off-peak times h