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EDF and Pod Point launch EV charger and tariff bundle

EDF and Pod Point have launched a combined home charger and EV tariff bundle that cuts the upfront charger payment to £499 and spreads the rest over two years.

A newspaper on a kitchen table beside a model of ev charging

EDF and Pod Point launched an electric vehicle home charger and tariff bundle on 9 October 2024, which the two companies describe as an industry first. Under the Pod Point Plug & Power offer, a driver pays £499 upfront for a Pod Point Solo 3S charger, against a stated price of £1,099, with the remaining cost of the charger spread over two years and built into the tariff1.

The tariff is priced at £2,139 a year for an average EV driver using dual fuel at home, based on 2,700kWh at peak rates, 1,976kWh at off-peak rates and typical gas consumption. It gives five hours of off-peak electricity between 12am and 5am at 8.49p per kWh, with standing charge of 61.12p and a peak rate of 24.58p per kWh1. EDF's own comparison table, correct as of 4 October 2024, places the bundle above several rival EV tariffs on annual dual fuel cost, including British Gas Electric Driver at £1,848, Ovo Charge Anytime at £1,856 and Octopus Intelligent Go at £1,8781.

EDF says charging on the tariff would save an average motorist £538 a year compared with petrol, and £460 compared with using the public charging network. Those figures assume 7,000 miles driven, an EV efficiency of 3.5 miles per kWh, 80% of charging at home at 8.49p per kWh and the remainder at a public station costing 56p per kWh, against petrol at 135.53p a litre1.

"EDF and Pod Point have launched an industry-first electric vehicle (EV) home charger and tariff bundle, reducing the upfront costs of going electric"
EDF, EDF and Pod Point launch EV charger and tariff bundle1

Eligibility requires a smart meter and opting into half hourly meter readings, and EDF states that other eligibility rules apply1. The Solo 3S carries a five-year warranty and standard installation is included. Exit fees apply if the tariff is cancelled within two years, and the bundle is fixed to October 20261.

TariffTypeOff-peak hoursOff-peak rateDual fuel billExit fee
Pod Point Plug & Power Oct26Fixed12am-5am8.49p£2,139£125
Pod Point EV Exclusive Dec25Fixed12am-5am8.49p£1,851£75
GoElectric Dec25Fixed12am-5am8.99p£1,861£75
EVolve Sep25Variable12am-5am14.50p£2,004£25

Why it matters for households

The bundle moves part of the cost of a home charge point out of the upfront payment and into the running cost of the electricity supply, which changes how the total cost of home charging is spread across a household budget. The charger itself becomes a fixed commitment for two years rather than a one-off purchase, and the exit fee of £125 applies if the tariff is left early1.

Home charging at an off-peak rate is the main lever a household has over what an electric car costs to run, because the gap between 8.49p per kWh overnight and the public network rate of 56p per kWh used in EDF's comparison is wide1. That gap only exists for homes that can charge off-street overnight, and the smart meter and half hourly readings requirement means the household's consumption is measured in finer detail than a standard meter provides1.

The tariff also covers the whole home, not just the car, so the five-hour overnight window applies to general electricity use as well. EDF states the supply is backed by 100% zero carbon electricity, generated from sources including nuclear, and notes that customers receive electricity via the National Grid rather than directly from zero carbon generators1.

What happens next

Customers sign up through EDF's website, after which EDF passes details to Pod Point for the purchase of the Solo 3S charger1. No end date for the offer has been reported.

Sources1 cited
  1. EDF and Pod Point launch EV charger and tariff bundle, edfenergy.com