How Much Can You Really Save with an Electric Vehicle, Powered by Octopus?

From state-of-the-art tech to the rapid increase in charging stations, there are plenty of reasons why EVs aren’t just for sci-fi fans anymore.If you’re looking to join the electric revolution but are wondering about costs, you’ve come to the right place. The good news? More affordable options are hitting the market every day - with the likes of the Ford Explorer to the budget-friendly Dacia Spring.

And for Octopus Energy customers, the savings improve. We’re talking exclusive tariffs, affordable leasing, and public charging made easy.

So, how much can you actually save when you ditch petrol for electric with Octopus? Let’s break it down.

One of the best parts of driving electric? It’s a win for your wallet and the planet. Here’s how the savings add up:

Translation: More miles, less money. No fuel stops, no fuss.

Want to know how the cost of charging your car at home compares to charging in public? Take a look at: how to charge your EV with no driveway.

Say goodbye to oil changes and spark plugs, and hello to slick battery blade tech. But what does this mean to your bank account? Well - having fewer parts, means that there are fewer things to break in an EV. Which ultimately means fewer trips to the garage.

EVs have fewer moving parts, meaning fewer things can break. According to the Energy Saving Trust, EVs have up to 40% lower servicing and maintenance costs compared to petrol or diesel cars, thanks to their fewer components and simpler designs.

Better yet, with Octopus EVs Intelligent EV packages, maintenance is included, meaning even more savings - and no check-engine-light-induced stress.

Switching to an EV isn’t just good for your bank balance - it’s also a powerful way to shrink your carbon footprint, and have a positive impact on the plant.

Here’s some fun facts you can share with your friends and family as to how you’re saving not just your money, but also doing your part for the world we live in:

• An EV registered as a new car in 2025 will emit 32% less CO₂ over its lifetime compared to a modern diesel car. And if you’re switching from petrol? That figure jumps to a whopping 40% less CO₂. Cleaner air, cleaner conscience.
• EVs produce zero tailpipe emissions, so there’s no CO₂ being pumped into the atmosphere. That means fresher air and cleaner streets for everyone.
• By cutting emissions, improving air quality, and harnessing renewable energy, EVs are crucial to the UK’s net-zero goal by 2050. Sure, there are challenges, but with continuous innovation and strong government backing, we’re steering straight into a cleaner, greener future.

With Intelligent EV (Octopus EVs personal contract hire option) you can enjoy the perks of an EV, all with affordable monthly payments. But it doesn’t just stop there - there’s some added extras.

• The latest EVs - new electric cars with the latest tech
• Pay to drive, not own - lower your costs by paying monthly, without any worries of ownership
• Smart home charging - automatically charge at times when energy is cheapest and greenest with exclusive discount on Octopus Energy’s Intelligent Octopus Go tariff
• Smart public charging - pay in the app, or with just a tap, and get 8% off all public charging with Octopus Electroverse
• Servicing and maintenance included - we’ll keep your car in tip-top condition with servicing, maintenance, and repairs included
• VIP customer service - we’ll look after you with our renowned Octopus customer service
• Perks like £500 off solar panels for your home
  
  

What about range anxiety?Range should never be a worry. Modern EVs boast ranges of 200–300+ miles per charge. Plus, you can get discounts on public charging via Electroverse, so long journeys are made even easier.

Read more in: how far can an electric cars go?

Aren’t EV batteries bad for the environment?

Nope - in the UK EV batteries are actually recyclable. And even when they don’t get recycled, they’re often repurposed. You can read all about EV batteries in: all you need to know about electric car batteries.