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How much will the energy price cap hike cost EV drivers?

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How much will the energy price cap hike cost EV drivers?
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⏷ This article is from 2026-06-03 • More recent news →
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The energy price cap hike will push up electricity costs for households and, by extension, EV charging, though the impact on EV owners is comparatively modest. Ofgem has raised the electricity cap from 24.67p/kWh to 26.11p/kWh for standard variable tariffs, while the gas cap climbs 24% as Middle East tensions affect global energy prices. What Car? estimates that popular EVs will face annual charging increases of between about £20 and £52. Model-by-model rises include the BMW iX3 from £26.82 to £28.38 per charge (£52.12/year), Tesla Model 3 from £17.21 to £18.21 (£33.45/year), and the Cupra Born from £16.90 to £17.89 (£32.85/year). Other examples include the Audi Q4 e‑tron and Renault 4/5, with similar scaled increases. The report suggests that drivers can save by opting for EV‑specific or off‑peak tariffs, which may offset some higher costs.

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