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Ovo to launch ‘half-price’ electric vehicle charging tariff

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New Drive Anytime rate bids to mirror rivals’ off-peak tariff with savings of 60% a year, supplier claims

Ovo Energy plans to launch an electric vehicle charging tariff, at half the usual price, to compete with typical off-peak rates even when electricity demand is at its highest.

The UK’s second-largest energy supplier will set the tariff at a flat rate of 6p per kilowatt-hour no matter what time of day their customers choose to charge their vehicle, in direct competition with suppliers which offer cut-price charging during set hours overnight.

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