Workplace charging can be the cheapest option, research suggests

News

Charging software company Fuuse has conducted research showing that workplace charging can be the cheapest option for EV charging. 

EV charging costs can be cut by up to 66% at work versus using public points, with workplace charging potentially saving £250/year compared to installing and running a charger at home. 

Based on an analysis of over one million workplace charging sessions, Fuuse found that the average cost of workplace charging was 25.9p/kWh using their charge point management software. This means workplace EV charging is up to 50% cheaper than public AC charging, and up to 66% cheaper than public DC charging. 

Furthermore, Fuuse-powered workplace EV charging is on average £250/yr less expensive than daytime home charging and marginally less than nighttime home charging, factoring in charger installation costs. 

Michael Gibson, Fuuse CEO, said: “Thanks to our research, we've shown that workplace charging can be the cheapest option to charge your electric car when all costs are considered. This is a win-win for employees, who benefit from cost-effective charging, and for employers, who can retain talent by offering incentives that directly  impact their staff’s bottom line as well as supporting the transition to electric vehicles,  particularly those without access to charging at home.”