Today’s AER increase still doesn’t cover the costs of home charging electric vans according to fuel data analysis by TMC.
Research from TMC has shown that companies using the government advisory electric rate (AER), which has been increased from 4p per mile to 5p per mile will still leave many electric van drivers out of pocket.
TMC’s analysis shows the average cost based on home charging an LCV is 7.8p per mile. The only vehicle that costs less than 5p/m to charge is the Renault Kangoo E-Tech.
If the cost of public charging is factored in – the use of which is highly likely for LCV drivers of whom only 30% have the ability to charge at home – the AER falls even further short.
TMC’s research shows that a higher AER is needed for vans, and indeed larger electric cars, because the actual cost per mile for domestic charging is as much as 130% higher than the AER for vans based on the WLTP figure.
“These figures are best case scenario as they are based on the WLTP and the driver charging their vehicle at home. The majority of van drivers will use public charge points, which increases the cost per mile considerably” says Paul Miers, TMC’s Chief Data Officer.
“The other factor to consider is that these figures are for unladen vans. Once you add in racking, equipment and tools there will be even more upward pressure on the actual cost per mile.”
The enclosed table shows the cost of running electric vans using three different scenarios compiled by TMC’s team of data analysts.
- Column 1 shows the cost per mile based on WLTP data, using home charging for all vehicle charging.
- Column 2 shows the cost per mile based on the same data but with power consumption per mile raised by 15 per cent to reflect real world battery usage.
- Column 3 uses the same data as column 2 but assumes a mix of 75% home charging and 25% public charging.
For all examples costs are calculated using electricity priced at 17.4p/kWh* for home charging and 30p/kWh for public charging.
Please see the table below for the figures.
|Vehicle Make and Model||Column 1||Column 2||Column 3|
|Renault Kangoo E-Tech||3.4p||3.9p||4.6p|
|Renault Master E-Tech||4.6p||5.3p||6.3p|
|Nissan e-NV200 Combi||5.6p||6.5p||7.6p|
|Nissan e-NV200 Evalia||5.6p||6.5p||7.6p|
|Ford E-Transit Double Cab In||6.0p||6.9p||8.2p|
|Ford E-Transit over 3.5t||6.0p||6.9p||8.2p|
|Fiat E-Ducato Chassis Cab||6.0p||7.0p||8.2p|
|Fiat E-Ducato Chassis Cab ovr 3.5t||6.0p||7.0p||8.2p|
|Fiat E-Ducato over 3.5t||6.1p||7.0p||8.2p|
|Maxus eDELIVER 3 Cab||6.1p||7.0p||8.2p|
|Vauxhall Vivaro Life||6.1p||7.0p||8.3p|
|Maxus eDELIVER 3||6.1p||7.0p||8.3p|
|Renault Master Cab E-Tech||7.7p||8.8p||10.4p|
|Volkswagen Abt eTRANSPORTER||8.0p||9.2p||10.9p|
|Citroen Relay Chassis Cab||8.8p||10.1p||11.9p|
|Citroen Relay Chassis Cab over 3.5||8.8p||10.1p||11.9p|
|Peugeot Boxer Chassis Cab||8.8p||10.1p||11.9p|
|Vauxhall Movano FWD||9.4p||10.8p||12.7p|
|Mercedes eSPRINTER Medium||11.5p||13.3p||15.7p|
Paul Hollick, TMC’s Managing Director says:
“Whilst the AER increase is great news, unfortunately, it still falls short for the majority of electric vehicles, and is insufficient for virtually all vans. It is unreasonable to expect van drivers to be out of pocket for charging company vehicles at home.
“The fairest way to reimburse van drivers is at actual cost. This is relatively simple for LCV drivers where telematics are fitted. Once drivers have provided details of their energy supplier, tariff and home postcode, they can be auto reimbursed – we simply take their telematics feed and overlay their charging events with the longitude and latitude to identify when the vehicle is charged at their home and reimburse them accordingly.”
For more information on how TMC can help you reimburse electric vehicle drivers, please click here. For information on our charge card that can be used to pay for charging at 92% of the UK’s public charge points, click here.
To see the cost per mile for electric cars, click here.
*17.4p/kWh is the last published data point by the Department for Business, Energy & Industrial Strategy (BEIS).