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Reduced overall motoring costs

Switching to electric will save you money on fueling, servicing and taxing your vehicle, even before you make the most of the available government grants. We compared an electric and petrol family car and found overall motoring costs are cheaper for electric than petrol by the 2nd year of ownership

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Availability of grants

Government grants of up to £3000 towards your vehicle and up to £350 for a home charge point are available, which can provide a massive discount to the cost of electric vehicle ownership

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Savings on fuel

You can reduce your fuel costs to 4p per mile. For the average UK motorist, this can reduce your annual fuel costs to just £320. Electric vehicles offer value over the long term and can be an outstanding investment for drivers looking for a more cost-effective and efficient way to get around

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Cheaper, easier and less frequent servicing

There are fewer mechanical components in electric vehicles compared with regular vehicles, which means they require servicing less often. Research estimates that overall service and maintenance costs are 23% lower for electric vehicles

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Tax benefits

The price of hybrid and electric vehicles may be slightly higher than a petrol or diesel alternative, but they are significantly cheaper to tax. Hybrid vehicles enjoy significantly reduced rates while electric vehicles have a Benefit in Kind rate of 0% and pay ZERO Road Tax if they cost less than £40,000

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Discount from emissions charges

Plug-in cars that emit 75g/km2 or less of CO2 are eligible for a 100% discount from the London Congestion Charge. For a regular user of this zone, you could save over £2,000 a year. Low emissions vehicles will benefit from lower charges from Clean Air Zones being implemented in Leeds, Nottingham, Birmingham, Southampton and Derby as well as the Ultra Low Emissions Zone already active in London

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Fast, easy and reliable charging at home

Unlike with petrol or diesel vehicles, you can charge your car at home at a time that’s convenient for you. If you make the most of the government’s grant, you can install a home charge point for £400-500 and save hundreds of pounds per year by charging your vehicle at home. When you consider the savings you'll make on fuel, it seems like a sensible investment

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Availability of public chargers

There are now more public charge points than petrol stations in the UK. The growth and improvement to charging infrastructure means you'll always be able to find somewhere to charge your vehicle when out and about

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Home energy tariffs

There is a range of home energy tariffs specially designed for owners of electric vehicles. They offer cheap off-peak rates over night which can reduce the cost of charging your vehicle down to 1p per mile of range. The majority of them use renewable energy sources to produce power which further reduces your carbon footprint

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Increasing range of new models

Manufacturers are falling head over foot to produce both electric versions of their current models but also brand new all-electric models. There are over 80 hybrid and electric models available in the UK today and this number will only grow year on year

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Performance

Electric vehicles have torque instantly available which means they're able to accelerate faster than their petrol and diesel counterparts. The batteries being mounted on the floor of the car give them a low centre of gravity which improves handling to give you extra zip in the corners

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Better for the environment

Vehicle tailpipes contribute more to CO2 emissions than anything else in the UK. The single biggest change you can make to reduce your carbon footprint is to switch to an electric car. By reducing greenhouse gases and harmful pollutants, contributing to a more sustainable future. But don't just take our word for it

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