UK electric vehicle (EV) owners are facing a new £1.87 charge per home charge following Ofgem's energy price cap update on July 1, 2026. The cap raised the maximum energy cost from 24.67p/kWh to 26.11p/kWh, directly impacting the cost of charging EVs at home.
Annual Cost Impact for Weekly Charging
According to analysis from EV experts Electrifying.com, a typical 60kWh EV now costs £15.67 for a full charge at home, up from £14.80 between April and June 2026. For drivers who charge their battery every week, this translates to an extra £97.24 per year.
Electrifying.com explained: “Let’s take a 60kWh EV as an example – a full charge at the default rate from April to June 2026 would have cost £14.80. That has now increased to £15.67.” The experts noted that home charging remains significantly cheaper than public alternatives: an average 7kW public AC charger costs 55p/kWh, totaling £33 for a full charge, while a DC rapid charger at 80p/kWh would cost £48.
Broader Context and Savings Tips
With approximately two million electric cars registered in the UK and numbers rising monthly, the price cap change affects a growing number of drivers. Research from WhatCar? indicated that owners of larger EVs like SUVs could see annual costs rise by up to £52, while smaller models such as the Renault 5 may experience a £22.06 increase.
The current energy price cap will remain in effect until September 2026, with updates occurring four times per year. To mitigate costs, Electrifying.com recommends shopping around for variable tariffs. The company stated: “Shopping around for a variable tariff is absolutely still worth it – some deals mean you can charge your electric car overnight during off-peak hours for as little as 8p per kWh, which would mean a full charge of our mythical 60kWh EV at £4.80.”
