npower has confirmed plans to launch Britain’s first Electric Vehicle (EV) tariff.
The new tariff could be in place from July as the energy supplier prepares for a boom in the EV market, which is expected to grow rapidly. The energy company’s research suggest that 33% of Brits would consider purchasing an EV in the next five years. Some figures predict that by 2014, one in twenty vehicles on the road could be electric.
Nicholas McHugh, a spokesperson for npower said they wanted to make their tariff as cheap as possible, and to source energy from renewable technology.
Mr McHugh told ELN: “People considering an EV could contact us for an EV at their home, or businesses who are looking to change their fleet to predominantly electric could contact us as well. The tariff at the moment is purely residential, but there will be a business one too.”
With research by npower suggesting that an EV over a distance of 100 miles can be 7 times cheaper than a non-EV car, electric vehicles could appeal to consumers feeling the pinch at the petrol pump.
npower announced the news at Grand Designs Live exhibition at ExCel in London alongside a Tesla, the world’s fastest EV.