Electric vehicle (EV) drivers could see a collective saving of £4.1 billion on the cost of public charging by using smart charging infrastructure.
A new report suggests that smart charging at public charge points could save drivers £604.65 per year in charging costs compared to conventional public charging.
Data released from the UK’s first-ever trial of smart metered on-street electric vehicle (EV) chargers, Agile Streets, demonstrates that peak energy demand could be slashed by as much as 240MW by 2030 because of a wider rollout of smart on-street EV charging.
This is equivalent to boiling more than 1.4 million kettles, according to the report.
Chris Pateman-Jones, Chief Executive Officer of Connected Kerb, said: “The energy price crisis is a major challenge facing all industries. For the EV transition, we know that this will narrow the gap between the cost of refuelling a petrol or diesel vehicle and the typically much lower cost of charging an EV.
“That’s why now is the time to focus our attention on smart charging technologies that can allow those reliant on public charging infrastructure to benefit from cheaper prices when demand for electricity is at its lowest.”