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VAT removal on home electricity could widen EV charging cost gap

The government's decision to remove VAT from household electricity bills for six months, starting in October, may increase the cost difference between home and public electric vehicle charging.

  • The 5% VAT on domestic electricity will be removed for six months from October.
  • Public EV charging remains subject to 20% VAT.
  • Industry groups are calling for equalisation of VAT rates on public and domestic EV charging.

The government's decision to remove VAT from household electricity bills, effective from October, could widen the cost disparity for electric vehicle (EV) owners. Prime Minister Andy Burnham announced the removal of the current 5% VAT rate on domestic electricity for a period of six months, which is expected to reduce the cost of charging an EV at home.

Industry estimates suggest that drivers utilising off-peak home charging tariffs could see running costs drop to approximately 1.5p per mile. However, households without off-street parking will continue to face higher costs, as public charging remains subject to 20% VAT. Rapid public charging could potentially cost between 16p and 20p per mile, depending on the vehicle and charger used.

This difference has led to renewed calls for the government to equalise VAT rates across public and domestic EV charging. Industry groups argue that households lacking driveways are being unfairly penalised. Electric Vehicles UK warned that these tax changes risk increasing inequality between households with and without private parking, stating that drivers unable to charge at home have limited options but to pay significantly more for the same electricity.

Tanya Sinclair, chief executive of Electric Vehicles UK, told the Press Association that millions of drivers without off-street parking are compelled to pay 20% VAT for public charging, while those with a driveway will now pay none. Simon Williams, RAC head of policy, urged the new Prime Minister to consider lowering VAT on public EV charging to make electric motoring more affordable for those without driveways.

Why this matters: The disparity in charging costs could impact the affordability of electric vehicle ownership for households without off-street parking, potentially influencing property decisions.

What this means for you: If you own an electric vehicle and have off-street parking, your home charging costs could decrease due to the removal of VAT on domestic electricity for six months from October. If you rely on public charging, you will continue to pay 20% VAT, potentially leading to higher running costs compared to home chargers.

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