The latest AER increase still doesn’t cover the costs of home charging electric vans according to fuel data analysis by TMC.

It has shown that companies using the government advisory electric rate (AER), which has been increased from 4p per mile to 5p per mile will still leave many electric van drivers out of pocket.

TMC’s analysis shows the average cost based on home charging an LCV is 7.8p per mile.  The only vehicle that costs less than 5p/m to charge is the Renault Kangoo E-Tech.

If the cost of public charging is factored in – the use of which is highly likely for LCV drivers of whom only 30% have the ability to charge at home – the AER falls even further short.

TMC’s research shows that a higher AER is needed for vans, and indeed larger electric cars,  because the actual cost per mile for domestic charging is as much as 130% higher than the AER for vans based on the WLTP figure.

Paul Miers, TMC’s Chief Data Officer said: “These figures are best case scenario as they are based on the WLTP and the driver charging their vehicle at home.  The majority of van drivers will use public charge points, which increases the cost per mile considerably.

“The other factor to consider is that these figures are for unladen vans.  Once you add in racking, equipment and tools there will be even more upward pressure on the actual cost per mile.”

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