Driving 10,000 miles will cost me less than £155 in “fuel” - HOW? 😮
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- Опубликовано: 1 июн 2024
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Even without solar and battery you can still power your EV with 10,000 miles worth of driving for just c.£155!!
This video is about my solutions for work and home energy and how with smart tariffs such as Octopus Intelligent Go you can cover 10,000 miles (16,000 km) for a “fuel” cost of just £155.00 in your Electric Car. Even a Porsche Taycan (a not particularly efficient sports EV) can cover 10k miles for just £250!!
There’s also Solar power and battery storage. At work I have 2 Tesla Powerwalls supporting 62 solar panels and that saved us c. £16,000 of electricity last year.
However at home because it’s a period property I’m the first to admit that putting solar panels all over it would look wrong.
So my solution so far is just to install battery storage (again 2x Tesla Powerwall 2’s) without solar!
What’s the point in that you say? Well it means I can harvest cheap energy overnight to charge the batteries and that then dispenses throughout the day to run the house, the lights, TV, electric cooker and oven, dishwasher, washing machine etc - all on just £0.07 per kWh (price at time of filming)
This leads to huge savings plus it actually helps the grid by being off grid (or supplying it) at busy times and the utilising spare energy at quiet times.
Of course public charging EVs is more expensive but that forms a fairly small portion of mileage for most people. I do think it should be reduced however, and Tesla have actually been the best with much cheaper rates most of the time.
But the investment is expensive? Yes it is but it can add to the value of your property by more PLUS there are financing options available. You may find that the finance cost is actually less than the sheer costs you can save! So you save money AND then still have a more valuable and greener home!
I hope this video inspires some to explore energy options further and consider how and Electric Vehicle really can be very very cheap to run!
Thanks for watching.
Richard Symons
R Symons LTD "RSEV"
EV Specialist based in New Milton, Hampshire on the South Coast near Southampton and Bournemouth
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This is supposed to be a secret, you can't tell people how little it costs to run an EV - everyone will want one!
👍👍👍👍👍
The financial ROI with an EV is obviously down to each persons circumstances and existing ICE ownership..
If you where formally doing 10k annual mileage in a low mpg ICE, with high insurance + VED. If you typically spent 40k on said car and swapped it out every 3-4 years (owned or leased) that helps also.
Outside of the above it gets a bit more dubious where the mass market of existing 2nd or 3rd hand ICE owners are concerned.
This for me explains why in the UK, private (not fleet) sales have slowed considerably.
@@stuartburns8657 Private sales have not declined!! These sales have moved across to 'Lease' deals, which are now counted as fleet purchases!!
If you look at the 36% rise in fleet sales, this has increased by more than the 12% drop in private sales - Go figure...
@@stuartburns8657 Very true. I drive about 16,000 miles per year, all private. Saving between £1200 to £1500 a year depending compared to my old diesel at 65mpg. If you drive much less, it’s less of a financial benefit. My last months electricity bill was £68 which is including 1400 miles of electric driving.
@@javelinXH992 That is impressive if you where getting top class mpg and still saving over 1k after moving to an EV.
I was chatting to a young guy today who brought a M3 Oct '23.
He was proudly saying it was saving him £500 vs former petrol costs.
Then I asked him how much his insurance had changed, and it had gone from £312 to £965..
Granted he was mid 20's but I had to chuckle
I'm a full time Uber driver using a 2018 Tesla model S , I usually use anything from 300 to 350 kWh a week. 95% of charging is done from . OVO energy charge anytime at 7p per kWh. I came from using a diesel , usually the cost of my weekly electricity cost is the same cost as day's use of my previous diesel car's cost. The savings I make pays for the loan I took out to pay for the car. Working smarter not harder.
Personally I’d go to octopus if you can. Their intelligent go is amazing and their customer service is miles better.
I've had no issues with OVO. 0.7p kWh at anytime is very good for me. I was with octopus a few years ago, they increased the domestic energy prices for me, so I switched.
@@imamiddleagedmanI hear ya but Octopus charge more for the electric and standing charge than OVO do, so they cost more all round.
There are alot of anti EV videos, especially in Ireland in the recent weeks. This was very informative, the maths don't lie...
I saw the first 2 minutes of one with a lady who seemed to be a car dealer saying people were ditching their EVs because "fudfudfud" going back to fossil fuel (I believe she actually said "diesel" but I was laughing so not paying attention by that time).
.
Reading between the lines, she could see her business going down the toilet.... Oh well....
Once you've had an EV you don't go back. Our diesel car has actually gone a bit musty inside because it never gets used, we used to spend £300 a month in diesel to run it, our Tesla costs us less than £20 (twenty!) per month for the same journeys.
That’s what we do. But try not to use the 6.4kwp of rooftop solar. We charge our two BEV cars via our 2 Zappi’s of which one is registered with Octopus Intelligent Go and the other piggy backs off the 11:30-05:30 time slot. on the Octopus intelligent Go at 7.5p / kw and charge up our 9.5 kWh battery, do washing and drying at the low tariff. Then during the day run thr house off the battery while selling all solar to the grid at 15p/kw but also by the end of the evening and still with power left in the battery I discharge it fast to the grid before 11:30pm when the charging starts again. Making lots of income from selling at 15p/kw and using what we need from the grid at 7.5p via the battery! Absolutely brilliant ££££
Who's paying you 15p export octopus don't give me anywhere near that
@@richnd1974 octopus Inteligent Go tariff also allows this export rate. The tariff is Outgoing Octopus 12M Fixed.
That's a complicated setup! Does it require you to do anything or monitor usage or do you just let it all run?
Worth mentioning that with Intelligent Go the whole house gets the cheap rate for any additional slots your car gets during a session provided the car stays plugged in.
Ah nice - did not know this
Last night my cheap rate was from 21:30 - 08:00am at 7.5p per kwh. With octopus it varies depending on grid demand.
Yep so always say you need your car ready by 04:30am 😉
@@martinweston8147 ah nice trick!
Such a shame my Ariya doesn't support Octo's smart charging
Now’s the time to look into heat pumps for the house to avoid gas prices
Brilliant video, Richard! I've had 3KW solar for 10 years and love it. That's the max I could fit on my roof and I've never looked back. EVs are way cheaper to own. The one big issue that haters will shout is depreciation on EVs as the new costs are coming down so fast. The thing to remember is that if your new EV has lost £10k in value if you want to sell it after 2 years, the new EV you replace it with will have also come down drastically (Teslas have reduced price by an average of 20-30% since Jan 2023) but I'd respond why would you want to replace your EV after 2 years? Teslas are better after 2 years than when you bought it originally. Over-the-air updates have added extra features and improved battery and drivetrain management so even range and power has improved along with charging speed.
Total cost of ownership is lower with EVs, especially Teslas. Thanks for helping to counter the FUD, sir.
Your Tesla depreciation values may well be accurate (I haven't checked) but I am looking to move to an EV shortly and my preferred choice is the Jaguar I-Pace. Looking at THAT particular EV I have seen £85k cars being sold for under £40k when less than 12 months old. So depreciation CAN be VERY high in some cases. As I say, I'm looking to get an EV myself so not a "hater" by any means. Just pointing out that not all EVs are Teslas.
I've done 8500 miles in my ID.3 in its first year at the cost of £233 according to the stats on my charger. I've been on a mixture of tariffs thanks to Bulb being transferred to Octopus, so its not as cheap as it could've been. I'm expecting it to be about 15% cheaper in the 2nd year.
The numbers in the video are bang on.
Top video.
Met Richard today at Winchester Tesla where we had a chat about Model 3, Model Y, and the BMW i4.
Great stuff.
Nice to meet you! Did you go for a Y?
@@RSEVwent for a test drive in the dual motor with the 20s. Ride was a lot better than I expected. Decisions decisions.
Great update, thanks. I'm mad jealous of the tariffs available to you. The cheapest night rate I can get is €0.20, with just over twice that in the day. Still your experience is a wonderful proposal and ironically the higher our rate for electricity, the quicker the capital cost is repaid by using the night rate with batteries.
In Australia we can get $0.08 AUD / €0.048 between Midnight and 6a.m. and 3 hours comepletely free between 11a.m. and 2 p.m. every day - uncapped usage (only limited by the capacity of the house) the normal rate outside of these hours is $0.317 AUD / €0.0192
Excellent information, so practical and clear. Cheers!
Great presentation covering all facts across EV's, Batteries & Solar 😊
Brilliant video. Thank you. Shared to my boss who is flirting with the solar/battery/ev way. Explained far better than I ever could!
Brilliant video 👍✅ thanks for explaining
Rattling through things without production gimmicks, and making perfect sense, are what give this channel its edge! 👍
Hi Richard. Thanks for a really informative video. It does sadly drive home the fact that the UK is fast becoming a country where those who own houses with off street parking and home chargers can access cheap energy while those who don’t cannot. The information about using the powerwall to run the house during the day is new to me and really useful. Thank you !!
It is sad but true if you have off road parking and a suitable roof for solar you can reduce ir as I do make money on exported solar. I had to spend a lot of money to acquire land so I could get off road parking by my house. With solar battery and tariff I have I run the house and the car for free and in the summer make money
Access to cheap energy has nothing to do with owning a house with off-street parking. That's a different issue. You can install a home battery (e.g. Tesla Powerwall) and use Octopus Go cheap rate. If you don't own your home then you'll need to discuss with the landlord. If the landlord had it installed then he could put up the rent a little to share the benefits with the resident.
Instead, the lack of off-street parking *currently* denies access to EV charging, which does need addressing and the government needs to step up.
@@garyrooksby Hi. Thanks for the reply. While I agree that owning a powerwall gives you access to the cheap tarrifs. However. If you charge an EV at home then you also get access to cheap electricity throughout the home. My point is that not having access to off street parking denies lots of people access to cheap tariffs.
My kids are in there 20s i keep reminding them that a good roof for solar , smart meter and a drive will pay dividends long term
Once again a brilliant vlog! I agree with everything you said
Hi Richard, greetings from Oxford. I bought a BMW i3 in 2019, still have it, still love it. Colleagues do not believe how cheap on EV is to run, fortunately my home charger - a first generation Ohme - has an app that records how much each charging session costs, so I show them, most are genuinely shocked. My home charging sessions are costing me less than 1 litre of petrol, now admittedly the i3 has a smallish battery pack and modest range compared to a Tesla but it works great for me.
Great video Richard. Here we run 2 EV's (one was yours) 9 KW of PV and 2 x 8.2 KW battery store and now Octopus Intelligent. The savings are just amazing over what many of our friends spend of travel and home energy. Most of our EV charging is at home and just take the hit when travelling. Now on 7.5p off peak and previously 15p per KW.
Very useful video, I had been considering a battery only installation having a period house too, but hadn't considered the enhanced property value which is a real sweetener.
I live in Spain Richard - with a community parking spot - no EV charging of course (que??) community said 'do what you want, don't make a mess & you're paying for it'
Love my Tesla Model 3 LR - just ordered the Highland in Ultra Red!
It’s great to see some balance. As an EV driver for 5 years now, all you hear is the worst case scenario, plus a healthy dose of misinformation in the offshore billionaire owned media. We need more of these positive videos backed by experience. And before anyone says this is best case, I can’t charge at home or at work but plugging my 8 year old EV into Tesla chargers is completely free. Just like the trip I took from Torquay to southern Italy recently. A few charges on the AC charger in town over my 6 week stay, meant I spent just under €70 and covered just over 5,500 miles.
I worked out that my etron 55 (one of the least efficient EVs) costs about the same as a car that does 200 miles per gallon.
I only use public chargers a few trios each year - in spite of having a range of 200 - 220 miles which is pretty low for a large EV. And a thumbs up for Barry Frampton Ltd - he did my solar a decade ago.
Good to hear. But see other comments, so many just don’t want to accept it
Fantastic video as always
We have saved a fortune after switching to our Tesla which does about 12000 miles a year and costs us peanuts in comparison to our previous petrol cars yes having a home charger makes a big difference but also the argument about range when most people do short journeys to work or potter around locally doing relatively short journeys. We use a petrol car as our 2nd car and it barely moves
Hi Richard, great video. There is a company in Worcestershire called INDRA who have an EV charging unit that is doing exactly this, using the car battery to power the home.
Yep. I use Octopus for my EV too. Didn't realise at first that the low rate is applied even if the car is charging outside the normal cheap rate. Works well.
Yep, right now I'm using cheap grid energy, 7.15am till 11am INTELLIGENT OCTOPUS GO
I too have no solar but I have 8kW of batteries which for everyday use runs the house.
But there's also an upside. During the recent stormy weather our neighbourhood had a power outage!
Yet I was sitting oblivious to the darkness that was surrounding me as we were running off the batteries.
Hi Richard, my 2019 M3P getting 4m/kwh so £187.50 based on Octopus 7.5p tariff. I accept there are out of home charging occasionally, but it’s rare. Also came back from the Highlands with 9% Octopus Intelligent go starting charging at 14.10 to 16.30 then 23.00 hrs until 05.30 which means the whole house is on cheap rate for the scheduled times.
Ive also participated in octopus 🐙 saving sessions where i export from my powerwall for on average 1.75 per kw so extra offset of the initial cost of my solar and battery set up.
And you pretty much worked out the maths there for my model x when you did the sums for a less efficient EV😂
Great video covering and the benefits of having off road parking at home. Exactly how I run my Tesla and can’t even be bothered to use free charging my company offers with Allstar. Far more convenient to just plug in at home and let Octopus Go charge it 99% of the time at 7.5p/Kwh. Only long distance needs costly charging.
Very interesting Richard.
I love when people say the everage house consumes 10kwh a day. My house is up 60 -100 kwh a day in winter. We are now off gas completely and we have a Sunamp for hot water charged at night rate of 7p, just about to have 2 more powerwalls installed {3 total} which are charged over night and a Tesla model S. We heat by air to air which runs at about 1.5 -2 kwh/hour which is why the powerwalls and another 2.2kw solar panels in addition to the 6.4 already on the roof are being fitted. In summer we should have very low bills {£10 ish} even when having the air to air on cooling and in winter the powerwals will help run the heating for a much lower cost than at the moment.
It’s seems bonkers to me that the government are contemplating building new gas power stations, when they could just subsidies home battery storage for a much better outcome
Great video!
Great video 👍
Could t agree more , switched to an EV October and my fuel cost match yours. It’s good to be savings some significant savings here when everything else is going up
Just signed off on a 6kw pv system with battery and zappi. Model 3 and octopus intelligent to follow in September. Cant wait
I'm now going to look for used batteries, I'd only looked at new, so, thanks Richard.
do you know will any ev with ccs charger be able to modify to support v2g and v2h? many thanks
What you are saying is contrary to popular opinion, perhaps the fruit of misinformation, yet I too can testify to these terrifically low running costs of home charging: we run long trips in a Tesla model 3 LR at less than 2 pence per mile. But it gets even better between the spring and autumn solstices when the panels are producing well, the Zappi charger puts in spare solar energy and it is often effectively free.
You got it all going on mate
Curiously the Octopus tariff works with the Tesla slow granny lead... 6mph, but I just plug in, set the percentage and 7p kwh 😍
Been on the lead over a year, but mostly works fine as commute is about 40 per day, it accrues charge for weekend road trips!
Pity the weather has been so poor this winter, the worst yield I've had in the 8 years I've had my panels☹. However my new batteries are charged on Octopus Go saving a good deal😁plus we also charge the cars and also run the washing machine/tumble dryer on the cheap😁😁😁.
Great video rich. Intelligent octopus is a beast of a product and we utilise it well for cheaper home energy and for charging both our EVs. This is great for people who have access to these kind of tariffs unfortunately, it’s the people who can’t who will struggle to justify the switch to an EV, public charging is too expensive even with access to discounts from Electroverse etc
There’s a new Tesla v4 station popping up at Gloucester services near my home and to be fair to Tesla I think they have public charging cost spot on and prices are also adjusted for peak and off-peak use. Other networks need follow suit and of course, we need loads more stations
The problem is that, you can be self sufficient for some of the time, but then on a low renewable energy day, you rely on the grid. So less regular use of the grid per household.. It still needs to be there. It still needs to be there, but with fewer users. =higher costs
Good video Richard, although I think you should include depreciation in total running costs. You could run a new model 3 for free on solar, but it will still cost several thousand a year for a private buyer in depreciation! In some instances an older ICE car that has stopped depreciating is still cheaper per year to run than a newer electric car if you look at total ownership costs.
I hope you're opting in to the DFS saving sessions with all that power to export. Although people regard the new rate of £1.75/kWh as a bit mean compared to the £4+ originally on offer, exporting power that cost you 7.5p/kWh is a good return on investment. There's one tonight (14/04/2024) that's just popped up (there's not much notice as this is supposed to help the grid out if there's an unexpected demand) and my batteries are automated to detect the session and then export during the scheduled slot.
In the UK, we have capacity market payments. Ie paying for reliable power to just sit there. These costs can only increase as they are used less
At the moment, we're going through a phase of 'free loading' they want to be self sufficient - until they're not. Then they want full grid reliability supplies available
Wifes 2023, RWD Tesla model 3.
14,000 miles = £163.
It runs for nothing.
Octopus off-peak 7,5kwh home charged all the time.
Her average is around 222 watts / mile.
Exactly. Based on many comments here people don’t seem to believe me and repeat mythical FUD so always good to have such backup comments
Ha ha! I just did this calculation a few mins ago and then spotted this video. I got pretty much the same cost for an RWD Model 3. By contrast, my petrol BMW will cost me about £2,000 in petrol based on its average of 33mpg over the 16,500 miles I’ve driven it since June 2021 and the current £1.50 per litre at my local Shell garage ☹️
Thanks!
Great video. Three things about charging from solar and cheap rate. First the overall loss of electricity when charging the vehicle is less as the losses in the solar inverter and shorter cables in the property mean less energy is lost in heat. Second is charging on cheap rate is likely better than charging from stored battery energy due to round trip losses and finally any power used from solar is not taxed. Shame you can not get rid of the atanding charge !
Richard, be aware that if Octopus Intelligent Go charges your car outside the 11:30pm to 5:30 period, then it may well take energy from your battery first. This is the case with my GivEnergy system. What I do is keep an eye on their proposed schedule & as an example, if the schedule starts charging my car at 11:00pm, I temporarily set my home battery to charge at the same time. Have to remember to change it back though!
Ground mount solar for your home. Or build a solar canopy/pagoda/pergola.
Just a note of caution regarding installing a battery without any PV panels. You are completely reliant on the current available cheap overnight EV tariffs. However it was only a couple of years ago that these tariffs were suspended by suppliers such as Octopus due to the higher wholesale energy prices.
This is why EV owners like to tell people how good they are. I had an Audi Q5 S Line on PCP costing £450 per month, plus Fuel, VED, servicing, meant I was putting away £250 per month to cover that. Also a large deposit was taken.
My kia E Niro was £400 per month on a lease with £400 up front. I then saved the £250 per month so in effect my car costs me £150 per month. I have now completed 27049 miles in the past 2 years 10 months at a cost of £860.82 that is mostly home charging. A total of 7908.626kWh used. I have had a mix of prices and was on a Tesla Energy Plan for a year at 12p all the time.
At a constatnt of 7.5p rate I would have paid just £593.15.
We shouldn't say that Ev's are easier and quieter to drive, have many features only found on highend cars and rerquire no trips to a petrol station. All you need is a bit of common sense!
And this is what our government has chosen. We will have two energy grids, one for when the weather is good, and one for whenever it isn't. This is obviously more expensive than just running one system
How much are theses battery packs and installation?
Can we have a video on how you set up the Tesla to graze the solar excess please? I have one and can’t find out how you do that!
Fascinating vid. Many thanks. I'd be concerned if the battery idea gained widespread adoption that we'd break Octopus business model. If Octopus go down we are all worse off. But was v insightful. Thanks!
Good job mate if you have solar, batteries and right tariff you can save a small fortune
Can save fortune even without the solar and batteries. That’s my point.
I have heard there are some issues buying second hand power wall batteries due to registration. Is this something to be wary of and are there red flags to watch out for? Are there any good places to get them from?
You will need to have written proof/consent from previous owner to submit to Tesla to transfer registration ownership.
The idea that you can be self sufficient, 90 percent of the time. But then expect the grid to step in for normal prices when you're desperate is not going to happen. Those power stations are going to have to be paid so that when that 10 percent happens, they will be there
Being an EV owner, and my wife, our cost for running home and cars is as little as £115 a month on average our DD to eon. We have a heat pump, solar 3.2kw array, and battery 5.2kw. No gas. We are eon next drive V2 tariff, 12-7am 8p per kW. 32p outside those hours. No special charger needed. But we have 7kw charger and charge about once a week at most. I can't see why people like spending so much on fuel. We have 2 children and live in a 3 bed semi. Bit of an investment upfront but worth it in the long run. Solar and battery is a great investment and get an EV. Heat pump has the 7.5k grant so worth considering.
I've run an EV for 15 months, only used a public charger 4 times, each time for a top up to get home (while we had a coffee break). So running an EV is a good fit for me. However, I don't think they are for everyone.
Over the first 12 months, my average consumption, summer and winter, was 3.8 miles per kWh.
Overnight electricity is 7.5p per kWh in my case.
There are a couple of downsides, though.
The daily electricity rate is a bit higher (~2p per kWh) - but I now run my dishwasher and washing machine overnight to compensate 😂.
The second is the initial installation of the home charger, ~£900 in my case, with no government grant ☹️.
4:15 Richard have you looked into Ripple as a way of offsetting your home electricity costs? Like you I have a Victorian house that doesn’t really lend itself to solar, but I do have a 9.5kWh GivEnergy battery and inverter to take advantage of IO and use it during the day (our house demand varies between 8-12kWh depending on cooking and washing demands). From late Spring I should be on 💯 wind energy from Ripple and start seeing a discount on my Octopus every month, not as great a saving a solar but the investment was lower and crucially I can move my virtual wind farm if/when we move house
Thanks for another interesting video! I have solar and a powerwall too. If you use intelligent octopus and your car smart charges outside of 23:30-05:00, have you noticed that the car charges from the powerwall preferentially to the grid? I've noticed this and it means that my car drains my powerwall, leaving the house to run off expensive energy! If you have noticed this, how did you fix it? I currently just ensure I only charge in those overnight hours. Thanks!
You’re correct but go into octopus app and turn off “smart charging”
Yep, that is exactly what I do. I drive 15,000 miles a year, 70% of my charging is on cheap off peak electricity at home. Start full every day.
Quite a trick.
In CA where Tier 2 electricity costs about $ 0.5 per kWhr, 10000 mi @ 3 mi/kWhr would cost over $1600.
Good work
And welcome to the future. Our liberal EU like leaders have given new solar arrays a new challenge.
Peak solar panel day time electricity production is credited at $0.05 per kWhr. But nighttime use is at Tier 3 probably $ 0.70 per kWhr ( and evenings is when we charge our vehicles).
So the knuckleheads are coming for us all, each where it hits the most...
the first minute ! 👍🏻👍🏻
Why don’t people get it ?
Hi I’m from New Zealand how do road user chargers apply in the UK (we will be paying $76 per 1000 K)
Im putting 15kw solar on my roof in April, cant wait for those savings to kick in!
So it’s free to buy solar panels and install? And the savings are from day 1? Think not! There is a pay back of many years. I have friends and colleagues who have had them fitted. Then it’s cheap. I don’t plan to stay in my current home for years, so installing at home isn’t an option currently.
@@mikewallace1723 its affordable. Total cost for a 15kw solar system with an 11kw EV charger will be approx. 5.000euro in my part of the world :)
in our household we allso have 2 electric cars and a solar roof. we drive around 62000 miles a year. Before we got them we used around 5000 dkk (572 punds) a month on gas only. We now have electricity on subscription, we pay 799 dkk (91 punds) a month and we get free supercarging and payback on the power we put in the cars at home. we have the last 8 month been payed 8091 dkk (926 punds) back from the company. thats an overall payback after the subscription of 900 dkk (103 punds). ofcouse our electric bill have gone up a bit but the solar roof offsets it all. so we went from paying over 500 punds a month in gass to get 10 punds back just by changing our cars. i dont understand why all are not changing.
Maybe worth looking at ripple energy instead of solar for the roof. Been a ripple energy user since the beginning and it works ok for me. it takes about 18 months between investment into project and then 25+ years of money off your energy bill.
yea if you cant have solar, get batteries in the house you can make a good saving. i have solar too and a slightly small battery. (slightly big would help but can justify the extra money) im on 97-98% night time import and export all i can from the solar
Can you do a video where you take the plastic film off that power wall? 😊
Another good video Richard.
I would love to buy a new model 3 but the biggest issue for me is that I live in the UK. The cost of the new model 3 is so much higher in the uk than anywhere else. In Europe(Spain)the price is €49990 which equals £42726. In the Uk the price is £49990. Don’t even mention the USA where they virtually give them away. The next issue is I don’t have a business so as a private individual there are no incentives in the uk. Last but not least is the massive depreciation presently being seen on EVs in the Uk. If I were to shell out £51k on Model 3 it would likely drop £20k of value in the first 2 years(if not 12m!). This needs factoring in to the annual running costs which makes it a very expensive option for me. I am a Tesla fan btw and have followed all things Tesla for years.
In Australia the government is currently investing heavily in recharging hubs, I have just read am today that there are more hubs opening on the main highway from Adelaide to Darwin a distance of over 3000 kilometres, with this investment as well as the numerous caravan parks along the road with charging points it is now easy to drive your EV this distance without any real worry. Along the main highway through Western Australia this has also happened as with also the East coast. The uptake of EV’s in Australia is surging, contrary to what certain media outlets would have you believe, slowly it is dawning on people that EV’s are not just a city car and are more than suitable well outside of metropolitan areas. Some local councils are also introducing charging units on power poles where residents do not have driveways, I believe personally once you go EV you will never go back to ICE and with the release of utes etc coming this year hopefully more people will see the benefit.
While EVs only just went past 10% of new car sales the most privately purchased (excluding Govt & Commercial) vehicle in Australia in February 2024 was the Tesla model 3 - that's not most purchased EV that's most privately purchased vehicle of any type.
Tesla FSD V12 Takes Manhattan!
Rebellionaire
Like the gas grid, if the users fall by half, the remaining users must pay more to maintain the gas grid
Richard fantastic video. I have a give engery system that has a 9.5 kw battery and a 7.5 kw west facing array. This year along I have saved £197. This month so far we have being grid free for 5 days and used less than 1 kw a day on another5 days as well. this will only get better as the days get longer. I just need to get an electric car then I think I could save possibly almost 3 k a year.
Check out ev puzzle he heats his house and did 8000 ev miles all on electric for just over £200 for the year!!!!!!!
But if you factor in cost of home charger, increased insurance premiums and staggering depreciation, a BEV car costs a lot more to run than an ice car.
Oh and the increased cost to buy the car in the first place.
You enjoy your ICE…
Not even going to bother pointlessly trying to convince. I’ll make my savings thank you very much.
@@RSEV admire your honesty highlighting the endless failures of Tesla and I’m sure you have a fantastic business and there will always be a demand for electric cars. But it is not the future. Refined ice cars will be dominating the market for the next 100 years. Just my humble opinion.
I got 245 watt hours per mile on my i4 over the whole of 2023 (did 8500 miles). The BMW app shows you the data. This is over 4 miles per kilowatt hour. I charge mostly at home overnight. I get a lower tariff at night of 8 pence per kilowatt. You do the maths. I make that £170 to drive 8500 miles in electric fuel.
Here's one for you ... I now live in SW France. I have a 30kwhr Leaf and 8.2kw of Solar panels. I just changed provider to URBAN SOLAR (A French provider).
They have a VIRTUAL STORAGE deal whereby any surplus energy from your panels is stored on your account (It's like having an unlimited battery). This has a number of benefits: ..
(1) No need to buy a physical battery, so there's a few thousand saved.
(2) It extends the usefulness of your "battery". So, it isn't a day-by-day thing like a physical battery, it's a season-by-season thing. I don' t need my Solar power in Summer, I actually need it in winter (we're 100% electric here).
What this deal does is store my summer sun, on my account, for use in winter. I'm generating 1,300KwHrs in July, almost all of which went to waste. This year I should have those Kwhrs to use in Winter. I generate 10,000 Kwhrs a year, about 70% of which is generated when I don't need much of it.
I think it should be a mandatory offer for all Electricity companies to provide. It's basically just creative accounting. They buy it at Rate X when I don't want it and sell it back to me at Rate X when I do.
What it DOES mean though is that the payback time for Solar installations comes down to just a few years, because none of the output goes to waste, you use every Kwhr.
My installation cost me 10K. My Nissan leaf saves me £1000 a year in fuel, My Solar Panels save me £1,000 in electricity and now I think this Virtual Storage may save me £1500 a year.
So my payback time is 3 years, then I'm basically quids-in (or Euros In).
Need to remove 20% vat off public charging fees too
I’m on the intelligent octopus and costs me £4.50 to charge my M3 RWD so the same.
I use 20kwh a day before charging the car. Would it be worth getting batteries?
Yeah we commonly use 20kwh a day without cars.
Easy maths though, 20kwh a day at £0.07 = £1.40 day
Compared to your c £5.50 a day on standard rates.
£1,500 a year savings, roughly speaking.
Add solar and of course you’ll need to buy less (and maybe need less storage because you’ll create as you use)
it’ll add to the value of your home.
Unfortunately I chose to go ICE last year. Last December I was looking at Used cars 1-2 year old. I just found too many compromises with an EV, I work nights so no cheap energy for me and the comparative difference in cost for a same spec car between ICE and EV was £15000, even though I may save £1500 per year in fuel it would take 10 years to recoup the difference. Plus the £1000 to have the charger installed. I bought a 1 yr old BMW Gran Coupe basically an i4 with an ICE engine. Not an EV hater they are just not there for me yet.
I’m lucky to still have the free supercharging with Tesla. Just got an email saying I can transfer to a new car but can’t afford to buy a new car at the moment.
Great video but using your own solar is not "free" unless your Feed in Tariff is nil. You are forgoing the FiT for that power that could have gone to the grid.
Watching this with 30kWh batteries full, house is supplied by solar, and charging the tesla from the surplus solar :D Great feeling. Spend money(invest) when you can ;)
I have done 23,509km / 14,611 mi - my car says I have used 2557kWh at 5.7mi per kWh but I have a separate meter at home that says I have drawn 2714kWh through the meter. My Tariff is 8c AUD per kwh / 4.13p cost per 10,000 miles = £76.73
Does Tesla not do the solar tiles anymore or are still using them?
Surely you'd be able to get more out of the sun if you had a full roof of tiles than the old fashioned panels?
Bear in mind that solar tiles are less efficient (by several percent) than traditional solar panels and are much more expensive to install. I invested a bit extra in premium solar panels that have a long warranty, a lower temperature coefficient and a lower power output degredation over time compared with cheaper panels to maximise longer-term returns.
I thought that was Intelligent Octopus…, didn’t know normal GO does the same now… (didn’t before).
Might sound like a stupid question but can you charge a non Tesla electric car on a Tesla power wall ?
Yes, and from a Tesla wall connector
Genuine question, I’m considering an EV, potentially a Tesla that I’d possibly keep 5+ years, there’s lots of story’s about battery replacement costs after 8 years been 20k+, surely all this is false economy if you’re eventually hit with a massive bill down the line. I know there are plenty of EVs that are 10 years old and going strong but surely this has to be taken into consideration when quoting “savings”.
Cost of engine / gearbox replacements…?
Same sort of thing but actually my money would be on modern batteries lasting far longer. Even if happens one day, used parts available, Easier to repair modules or even change whole thing. Tons of savings in the meantime.
When you charge at work off the solar it is not free. You would have received 15p per kWh if the leccy had been exported so it actually cost 15p. OK still cheaper than petrol or diesel but not by as much as many people claim.
Yes true I’m better off charging at home and exporting at work.
Why I said I can do 10k miles for £155 (the cheap home rate overnights) and not £0 (using solar at work) .
However the cars based at work and the building of course use the solar as much as possible
For those of us with the FIT payments not only do we get to charge for free via solar, we also still get paid 4.5p per kwh regardless if we use it or if it goes to the grid. The meter system can't determine the difference. Best decision we made 6 years ago...getting paid to charge the car is the best feeling.
Well Richard, here in the lovely state of Massachusetts USA, I pay approximately $0.32 per KWH so your 2222 KWH would cost me $711.
What happens if you can’t charge at home , you should also take in to consideration the depreciation of the EV eg Taycan £120,000 new and only worth a little over £40,000 after 3 years