I was looking at electricity offers and one came with 7,500km free driving which was further defined as a €300 credit. that works out at 4c inc. VAT/kilo.
Is that about right?
I'd be surprised considering prices have gone up ?20%? in the last year alone. Electric Ireland's latest kicks in during Dec, I believe.
I think somewhere around 10-15c/kWh for the
night rate is maybe more realistic. It's a balancing act though because the
day rate usually goes up a bit in these deals. Most have a washing machine, dishwasher, computers, clothes dryer, cooker etc. If your house is one that uses the cooker a lot & maybe runs the washing machine every day, you might save money on your EV during the night but lose money during the day, if you know what I mean? You have to be organised and run your washing machine at night etc.
Also, ESB Networks have a plan to install smart meters in every house by 2024. Smart meters at the moment can't do the day/night rates so if you've got a smart meter, you're out of luck getting a night rate of any description.
Also, there's night rates and there's night rates. An average EV takes 7 hrs to recharge at home so a decent night rate from midnight to 8am is good. Some night rates offer the best discount at something like 2-4am and then a not so good discount outside those night hours (midnight-2am, 4am-8am). So that 4c/kW could be just the headline (2am-4am) and the bad news is hidden in the fine print.
Also, factor in the cost of your house charger - €600-€1,000
after the grant.