AIRLINK 208.87 Decreased By ▼ -3.95 (-1.86%)
BOP 10.30 Increased By ▲ 0.05 (0.49%)
CNERGY 6.92 Decreased By ▼ -0.08 (-1.14%)
FCCL 33.59 Increased By ▲ 0.12 (0.36%)
FFL 17.06 Decreased By ▼ -0.58 (-3.29%)
FLYNG 21.62 Decreased By ▼ -0.20 (-0.92%)
HUBC 129.49 Increased By ▲ 0.38 (0.29%)
HUMNL 14.05 Increased By ▲ 0.19 (1.37%)
KEL 4.77 Decreased By ▼ -0.09 (-1.85%)
KOSM 6.85 Decreased By ▼ -0.08 (-1.15%)
MLCF 43.01 Decreased By ▼ -0.62 (-1.42%)
OGDC 215.90 Increased By ▲ 2.95 (1.39%)
PACE 7.17 Decreased By ▼ -0.05 (-0.69%)
PAEL 42.15 Increased By ▲ 0.98 (2.38%)
PIAHCLA 16.89 Increased By ▲ 0.06 (0.36%)
PIBTL 8.48 Decreased By ▼ -0.15 (-1.74%)
POWER 8.82 Increased By ▲ 0.01 (0.11%)
PPL 185.50 Increased By ▲ 2.47 (1.35%)
PRL 39.41 Decreased By ▼ -0.22 (-0.56%)
PTC 24.74 Increased By ▲ 0.01 (0.04%)
SEARL 100.50 Increased By ▲ 2.49 (2.54%)
SILK 1.03 Increased By ▲ 0.02 (1.98%)
SSGC 41.20 Decreased By ▼ -0.53 (-1.27%)
SYM 18.39 Decreased By ▼ -0.47 (-2.49%)
TELE 9.25 Increased By ▲ 0.25 (2.78%)
TPLP 12.48 Increased By ▲ 0.08 (0.65%)
TRG 66.44 Increased By ▲ 0.76 (1.16%)
WAVESAPP 10.86 Decreased By ▼ -0.12 (-1.09%)
WTL 1.84 Increased By ▲ 0.05 (2.79%)
YOUW 4.05 Increased By ▲ 0.02 (0.5%)
BR100 11,866 Decreased By -0.2 (-0%)
BR30 36,009 Increased By 311.8 (0.87%)
KSE100 114,110 Decreased By -38.3 (-0.03%)
KSE30 35,911 Decreased By -40.7 (-0.11%)

LONDON: Centrica's British Gas has launched a new tariff for electric vehicle (EV) owners charging their vehicles between 0030 GMT and 0730 GMT

Electric vehicle drivers use up to 80 percent more electricity if they charge at home and so can benefit from tariffs which pass on cheaper overnight wholesale electricity costs, British Gas said.

It said it would calculate annual costs based on how much electricity an EV owner has used in the past in the home

Its estimate of costs will assume that 38 percent of electricity will be used during off-peak hours

British Gas said average EV owners typically charge their vehicles about three times a week during off-peak hours, and twice a fortnight during peak hours using 10 kilowatt hours of electricity a time

"This is our first residential EV product. Over the coming months, we will launch further electric vehicle charging services to both residential and business customers," said Peter Simon, customer propositions and product director at British Gas

There are currently 200,000 electric vehicles on the road in Britain and this is forecast to grow to 1.4 million by 2025.

Copyright Reuters, 2018
 

 

 

Comments

Comments are closed.