Technology that enables electric vehicle (EV) users to sell their electricity back to the grid when demand is high could reduce EV drivers’ wholesale electricity charging costs by 70% annually and earn them an average of £320 per year by 2030.
Our latest insight paper, 'Turn on, Plug in, Check out' examines how by using a smart meter, EV drivers can take advantage of ‘Vehicle to Grid’ (V2G) technology, allowing drivers to both buy and sell electricity to and from the grid, and save hundreds of pounds.
This paper is based on independent research carried out by Cornwall Insight, commissioned by Smart Energy GB.
Click here to read our insight paper, 'Turn on, Plug in, Check Out'.