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Compare EV Electricity Plans

Looking for a power plan to accommodate your electric vehicle (EV) charging needs? We compare 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.

Breanna Gream

Data Insights Lead

Tara Donnelly

Utilities Editor

Results for residential customers in Sydney NSW, 2000 in the Ausgrid network, where general usage is 3,900 kWh / year on a Single Rate tariff. Lowest annual price displayed, your bill will differ based on actual usage. Based on general usage, the is $1,810 / year.

Start with your postcode to compare 1,500+ Canstar Blue expert rated plans

Red Energy | Red EV Saver

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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.

Which providers offer EV electricity plans?

Is it worth signing up to an EV dedicated power plan?

Switching to a dedicated EV power plan will definitely come with its 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 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.

Why compare EV electricity plans with Canstar Blue?

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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

ovo energy

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.

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

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

The cost of charging an electric vehicle will fluctuate depending on personal circumstance, however you can generally expect this to cost less than what it would to refill a petrol car. This is because you’ll be charged per kilowatt hour (kWh) of electricity as opposed to per litre of fuel to replenish the supply for the vehicle. According to some of our previous estimates, in some cases, EV owners may only pay a quarter to a third of their original petrol costs to charge their EV.

No, it is not mandatory to be on an EV power plan whilst owning an EV. Rather, these plans are offered as an alternative for customers with these kinds of vehicles who may wish to maximise on additional bill support to help them offset the cost of charging their EV at home.

Almost all EV electricity plans will require customers to have a smart meter installed at their property. This is because many of these plans operate on a similar tariff to that of time of use, with different times charging different rates. A traditional meter is unable to differentiate these time changes in the billing process.

Generally, EV plans appear to be cheaper than normal market electricity offers, however, whether these plans will actually save EV owners on their bills will depend on how they use their energy. If the EV owner isn’t shifting their usage to make the charging times work in their favour, or meeting the requirements of the bill credits or discounts, then they may find their EV plan to be on par with – or potentially more expensive than – an ordinary market offer.

Unfortunately, no. Currently, Australians have just only a few electric car plans to choose from that provide an added benefit for EV drivers. Keep in mind to check the rates attached to these plans before you sign up.

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To our knowledge, all information in articles on the Canstar Blue website was correct at the time of publication. This information may have changed over time. Refer to the product fact sheet (or relevant similar documentation) before making any purchase decision. Canstar Blue's website terms and conditions apply.