Those taking part in the pilot can expect to benefit from lower costs, with British Gas saying residents should see the cost of charging drop by over 50% on both the average day and night rates. While commercial charging rates are bespoke to each property, it is expected that daytime charging rates will come in at around 22p / kWh with overnight rates approximately 15p / kWh. With public charging rates currently averaging 71p / kWh, according to experts Zap Map, this represents a meaningful saving.
The tariff should also see landlords benefit from significantly reduced shared infrastructure costs - dropping from around £400 to £40 per month. Making EV charging on site more financially viable.