How much does it cost to charge an electric company car?

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If you're switching to an electric company car, you'll want to know how much it's going to cost you to charge. Well, here's everything you need to know

– have launched their own charging arrangements to make the switch to electric driving easier for buyers. Some charge a monthly fee while others are free, but they all give access to multiple charging networks using the same app.The bad news for company car drivers is that the Government is struggling to keep up with fluctuating energy prices, and has set the official reimbursement rates for electric company cars used on work business at 5p per mile.

That’s a level almost no electric vehicle can match, even when charged at home. Be grateful, though – it was 4p per mile until late 2021. Cannier businesses have ensured that they have their own reimbursement rates in place to ensure drivers aren’t left out of pocket if they switch to an electric vehicle.In the early days of electric cars becoming established, the single most important detail was a car’s range. As the variety of vehicles available and driver familiarity increase, vehicle efficiency will become more of a big deal.

Efficiency is determined by how far each kWh of energy will take a car. In other words, if you have two cars with a 250-mile range, the one with the smallest battery is the most efficient, and will cost you less to charge up each time. Think of two cars that can both cover 400 miles on a tank of fuel, but because one is less efficient, it has a fuel tank 10 litres larger, and uses more fuel for the same distance. This is next-level electric vehicle know-how, but in time the miles per kWh figure will take on the same importance as miles per gallon does for petrol or diesel-powered cars.

 

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