Compare the best-rated EV electricity plans
Looking for an energy plan to accommodate your electric vehicle (EV) charging needs? Canstar Blue compares plans from electricity providers that offer dedicated EV power plans to help you find whether there’s greater value to be had from your plan.
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The initial results in the table above are sorted by Value Rank out of 10 (High-Low) , then Price/year (estimated) including conditional discount (Low-High) , then Brand Satisfaction (High-Low) . Additional filters may have been applied, which impact the results displayed in the table - filters can be applied or removed at any time.
What is an EV electricity plan?
An EV electricity plan is a tariff that has been designed with the charging habits of electric vehicle owners in mind. These kinds of plans typically offer either bill credits or designated charging periods with lower usage rates, to help EV owners offset the additional electricity costs associated with charging their vehicle at home. These kinds of plans are still relatively new in the market so only a few providers currently provide them, although this list looks to be growing.
Is it worth signing up to a dedicated EV electricity plan?
Switching to a dedicated EV electricity plan will definitely have perks for EV owners. Whether it be through the bill credits awarded or the cheaper charging periods set, there is the potential for EV owners to save on energy costs if they take advantage of these kinds of plans.
The biggest savings will come to those that take all the necessary steps to meet the requirements of the plan, e.g. shifting their charging schedule to align with the times of the tariff. EV owners that aren’t comfortable or in a position to do this, may find greater value from another kind of electricity plan. It’s also important to note that, though you may be charged cheaper rates during ‘charging times’, these plans may offer rates that are slightly higher than those available on normal market contracts outside of these times. This means you could be charged more for your day-to-day energy usage.
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Providers that offer EV electricity plans
Red Energy RV Saver Plan
Red Energy is offering electric vehicle customers in NSW, VIC, QLD, SA and ACT the ‘Red EV Saver’ plan, which comes with free electricity usage charges between 12pm and 2pm every Saturday and Sunday. EV owners will need to have a smart or interval meter and sign up online to be eligible.
There is no contract term or exit fees and Red Energy has a ‘renewable matching promise’ where for every unit of electricity you buy from them, Snowy Hydro Limited will match it by generating one unit of electricity from a renewable source.
OVO Energy The EV Plan
In New South Wales, South East Queensland, Victoria and South Australia, OVO Energy offers a dedicated electricity plan for EV owners called ‘The EV Plan’. This plan provides customers with free electricity use between 11am and 2pm daily, plus a cheaper electricity rate between the hours of midnight and 6am to help reduce the cost of charging their electric car.
Please note, while customers must own a smart meter in order to access this plan, households can remain on a single rate tariff on certain distribution networks in NSW, VIC, QLD and SA.
ENGIE Energy Night Saver Plan
EV owners in Victoria can get a super off-peak discount of 6c/kWh for charging their EV between 12am and 6am with ENGIE Energy’s EV plan. There are no lock-in contracts or exit fees.
To be eligible, you must have an electric car and a smart meter either already installed or be willing to install one.
Powershop Power Drive Plans
In Victoria, NSW, QLD and SA, Powershop is offering specialised plans for those who own an electric vehicle. In order to be eligible, customers must own a smart meter and move to a time of use tariff, meaning usage charges vary depending on the time of day power is used.
With the Power Drive Day tariff, customers will pay a significantly reduced usage rate for two hours of midday charging each day. If you’re a night charger, the Power Drive plan includes lower charging rates between midnight and 4am.
Momentum Energy EV Does It Plan
Available only in Victoria, Momentum Energy’s EV Does It plan is offered to current electric vehicle owners. It includes lower off-peak rates for customers on a time of use tariff.
EV Does It is a no-contract plan that includes additional benefits, such as a solar feed-in tariff. You will need a smart meter to qualify, and all payments are to be made by direct debit only.
Best EV electricity plans
The quickest way to find out what the best EV plan is in your state is to use the free Canstar Blue tool. You can search by best price, value score or brand satisfaction, depending on which you value more. You can select specific EV plans with the ‘plan features’ button.
Otherwise, we have compiled a list of available EV plans by state below, listing the cheapest first.
Best EV electricity plan NSW
Currently, Red Energy offers electric vehicle plans to residents in New South Wales. You can see how the retailer’s EV plan compares to its other offers below.
Here are the Red Energy plans on our database for NSW. These are products from a referral partner†. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3,900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
Best EV electricity plan Victoria
Here are some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Citipower network in Melbourne but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
Best EV electricity plan QLD
Here are some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
Best EV electricity plan SA
Here are some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
About our electricity experts
Tara Donnelly: Utilities Editor
As Canstar Blue’s Utilities Editor, Tara Donnelly covers the internet, mobile and energy sectors – topics she’s spent a decade focused on, alongside consumer technology, within the comparison industry. Her telco expertise has seen her appear in national media including 9 News, 7 News, Sunrise, the ABC and The Sydney Morning Herald. You can follow Tara on LinkedIn and Twitter.
Meet the Editorial Team
Breanna Gream: Data Insights Team Lead
Breanna Gream is Canstar’s Data Insights Team Lead, and is responsible for developing the methodology and delivering Canstar Blue’s Value Ranking for the energy and telco sectors. She holds a dual degree in Business and Mathematics from the Queensland University of Technology, and enjoys using her skills to help consumers find more suitable utilities plans. Connect with Breanna on LinkedIn.
Meet the Research Team
FAQs about EV electricity plans
Important information
For those that love the detail
This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.