Those taking part in the pilot can expect lower costs, with British Gas saying residents should see charging costs drop by over 50% on both average day and night rates. While commercial charging rates are bespoke to each property, daytime and nighttime rates are expected to be significantly lower than public charging. With public charging rates currently averaging 71p / kWh, according to experts Zap Map, this represents a meaningful saving.
The tariff should also help landlords benefit from significantly reduced shared infrastructure costs, dropping from around £400 to £40 per month. Making EV charging on site more financially viable.