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EDF Energy’s new electric tariff offers a charging rate of 4.5p/ kwh which is equivalent to 1.3pence per mile. Experts say this is the first time drivers can travel in the UK for just a penny a mile since 1972 when petrol costs were just 35p per gallon.
The new go Electric 35 Tariff also allows drives to fully charge their electric car for less than a fiver.
EDF said a survey from them shows the majority of drivers still believe it costs around 34p per mile to drive an electric car.
Meanwhile, only a quarter of those surveyed were aware they could save money in the long run by switching to an electric car.
Over a third were not aware it was cheaper to fully charge an electric vehicle than to fill up a petrol or diesel tank with fuel.
READ MORE: Petrol prices skyrocket for biggest hike in a decade
“Combined with the dramatic environmental benefits that could be achieved if we were all to switch to an electric vehicle over the next ten years, there has never been a better time to consider going electric.”
The low prices for electric vehicle owners come after a horrifying week for those with a petrol and diesel model.
According to the RAC Foundation, British drivers have been hit with the biggest fuel increase for a decade.
They said the average cost of petrol has risen by up to 22p a litre over the past 12 months exceeding the previous high of 18p in 2019.
“It could be coming to an end, but the smaller retailers have been squeezed.”
According to the AA, London continues to have the highest price for unleaded fuel.
Northern Ireland has the lowest price with rates around 122p per litre.
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