The cost-saving benefits of charging your electric vehicle at home

Why you should consider an EV home charger with your electric car lease deal

If you lease an electric car, you can make huge savings by charging at home.

Not only is it the more affordable option, but it’s also incredibly convenient. Home charging is widely regarded as one of the most cost-effective ways to run an EV.

When you take out an electric car lease with Carparison, we can help you install a brand-new EV charger at your home.

Carparison Leasing have partnered with British Gas to offer our customers an exclusive discount on their Hive EV home charger.

This partnership provides an affordable option to charge your electric car at home that doesn't break the bank.

As a Carparison customer, you can get £30 off the price of a new EV charging point, or, if you would like to spread that cost, take advantage of the interest free loan and pay over 10 monthly instalments.*

1. Affordable EV charging

Charging your EV at home is cheaper than charging at public charging stations. Providers can offer specific off-peak rates that are significantly lower than the standard rates offered during peak hours when demand for power supply is higher.

Charging during the daytime will still be required, but this can still be substantially more affordable than having to rely on unpredictable fuel prices.

Some providers even offer specific energy tariffs for households with electric cars, which could help you make greater savings when compared to your current rate.

2. Comfort and convenience

With the Hive EV charger, you can control and monitor your charging process through its smartphone app. Having an EV home charger is convenient, as you're less reliant on public charging stations, where there is an increased risk of charging spots being occupied by other drivers or out of order.

Taking control of the charging process can alleviate any range anxiety if you’re new to the world of EVs.

Charging overnight means you can begin your day with a fully charged car that is ready to hit the road.

3. Affordable payment options

Installing an EV home charger doesn't have to be expensive. Carparison are delighted to offer our electric car leasing customers an exclusive discount on the Hive EV home charger. If you would prefer to pay monthly for your charger, take advantage of the 0% finance options to make affordable monthly payments.

If you would prefer the option to pay in full, you can do so. There is a small £49 upfront cost with the remaining £939 due on installation.*

4. Increase your property value with an EV home charger

Installing an EV home charger can reportedly increase the value of your property by between £5,000 and £10,000. With the 2030 ban on the sale of new petrol and diesel vehicles approaching, the ability to charge an EV at home will become a key consideration in house-buying decisions.

The cost of installing a charger is likely to be hugely outweighed by the additional value it adds to your property.

5. Minimise risk to your vehicle

Charging in public is not unsafe, but just like when you park any vehicle in a public car park, there is an increased risk, be that theft or vandalism.

We encourage all our customers to use common sense when charging in public locations. Take actionable steps to minimise the risk posed to yourself and the vehicle by locking the vehicle while charging, parking in a well-lit area and to avoid leaving your EV unattended for any great length of time.

Charging your electric vehicle at home is a great investment for drivers looking to save time, money and reduce any range anxiety.

By teaming up with British Gas, we can offer you exclusive discount on the Hive EV charger, with options to pay in full or over 10 monthly instalments.

Consider installing an EV home charger with your electric car lease deal, and you'll reap the benefits.

*Prices correct at time of publishing. Subject to status and minimum spend.