TMC Electric Rates

Our recent analysis showed that the government’s Advisory Electric Rate (AER) of 5p/m is insufficient for many electric vehicles.

Our data team have calculated the cost per mile for each electric car available in the UK when charged at home.
The calculations are based on the manufacturer’s published WLTP figures, with a 15% adjustment to account for real world driving. We have used an average KW/h rate of 16p for the home charging costs.
These figures were correct as of 27 October 2021.
Renault Twizy2.2pMINI Hatch4.6pMercedes Eqs5.0pVolvo C406.0p
Polestar 23.3pCitroen C44.6pMercedes Eqa5.1pVolvo XC40 Pure Electric6.1p
Paxster Generation 23.7p Kia Soul4.6pHyundai Ioniq 55.1pJaguar I-Pace6.2p
Fiat 5003.8pBMW i4 G264.7pPeugeot 2085.2pAudi E-Tron GT6.3p
BMW i33.8pMazda MX-304.8pAudi Q4 E-Tron5.4pMercedes Eqc6.5p
Hyundai Ioniq4.0pVauxhall Corsa Electric4.8pPeugeot 20085.4pAudi E-Tron RS GT6.6p
Volkswagen Up4.1pKIA EV64.9pMG Motor UK ZS5.5pAudi E-Tron6.7p
Smart Forfour4.1pDS Automobiles 34.9pLexus UX 300e5.6pPeugeot Traveller6.8p
Smart Fortwo4.1pNissan Leaf4.9pBMW iX35.6pCitroen Spacetourer6.8p
Tesla Model 34.1pMG Motor UK MG5 EV4.9pVauxhall Combo Life5.7pMercedes Eqv7.8p
Hyundai Kona4.2pSkoda Enyaq iV4.9pTesla Model X5.7pPorsche Taycan8.3p
Renault Zoe4.2pVauxhall Mokka5.0pFord Mustang Mach-E5.8pFiat E-Ducato Passenger9.2p
Volkswagen ID.34.4pVolkswagen ID45.0pPeugeot Rifter5.9p
KIA Nitro4.5pTesla Model S5.0pBMW iX i205.9p

We have also calculated the cost per mile for electric vans. The research shows that almost all electric vans aren’t covered by HMRC’s advisory electric rate even with the increase from 4p to 5p. 

Most electric van drivers will be left out of pocket based on these figures, which are calculated using electricity priced at 17.4p/kWh for home charging and 30p/kWh for public charging. These calculations are also based on the manufacturer’s published WLTP figures, with a 15% adjustment to account for real world driving.

Renault Kangoo E-Tech3.9pFiat E-Ducato Chassis Cab7.0pVolkswagen Abt eTRANSPORTER9.2p
Renault Master E-Tech5.3pFiat E-Ducato Chassis Cab ovr 3.5t7.0pFiat E-Ducato9.4p
Citroen Berlingo5.8pCitroen Dispatch7.0pCitroen Relay Chassis Cab10.1p
Peugeot Partner5.8pFiat E-Ducato over 3.5t7.0pCitroen Relay Chassis Cab over 3.510.1p
Vauxhall COMBO-e5.8pMaxus eDELIVER 3 Cab7.0pPeugeot Boxer Chassis Cab10.1p
Nissan e-NV2006.5pPeugeot Expert7.0pPeugeot Boxer10.1p
Nissan e-NV200 Combi6.5pVauxhall Vivaro Life7.0pCitroen Relay10.1p
Nissan e-NV200 Evalia6.5pMaxus eDELIVER 37.0pLevc VN510.2p
Ford E-Transit Double Cab In6.9pVauxhall Vivaro7.2pVauxhall Movano FWD10.8p
Ford E-Transit6.9pRenault Master Cab E-Tech8.8pMercedes eSPRINTER Medium13.3p
Ford E-Transit over 3.5t6.9pMercedes eVITO9.0p

We are on a mission to make business mileage reimbursement simple for businesses and electric vehicle drivers.  To find out how we can help you reimburse electric vehicle drivers for business mileage, click here.