Andersen is offering 5,000 free electric miles to customers who buy one of its home chargers and sign up for the Intelligent Octopus Go EV tariff.
The partnership brings charging costs down to 7p per kilowatt hour during off-peak hours from 11.30pm to 5.30am. The tariff also offers dynamic charging at the lower rate during low-demand daytime hours.
Standard EV charging without a dedicated tariff costs an average of 23p per kWh. That totals up to £609 annually.
Significant Cost Reductions
With Intelligent Octopus Go’s charging rates, costs drop to £185 each year – a saving of £424. Factor in Andersen’s 5,000 free miles, awarded as a £106 charging credit, and first-year home charging costs fall to just £79.
For comparison, motorists driving petrol cars face an average annual fuel bill of £1,336.
Andersen estimates that even with the purchase of one of its chargers, EV drivers will still save £127 in year one compared to petrol bills. They’ll continue saving money on refuelling in the future.
The Andersen chargers available with the Intelligent Octopus Go tariff include three models:
- 7kW Quartz priced from £695
- 7kW A3 priced from £995
- A2 7kW priced from £1,199
The A3 and A2 charge boxes come with Andersen’s hidden cable charging technology.
“Motorists choosing electric vehicles have the opportunity to make major savings on their running costs,” said David Martell, Andersen CEO. “While the switch from petrol to EV alone creates significant savings, with our Andersen Quartz charger, Intelligent Octopus Go and free mileage offer, EV drivers can enjoy a premium charging experience and make exceptional savings annually.”
Long-term Financial Benefits
Martell addressed concerns about upfront investment costs.
“There’s a perception that the investment in a home EV charger will outweigh the financial benefits but that’s not the case – motorists can see savings of around £117 in the first year with Andersen’s free miles, increasing to £1,151 from the second year.”
The deal between Andersen and Intelligent Octopus Go finishes on December 31, 2025.
