Octopus Energy has launched a new offer that unlocks 50% cheaper electric vehicle (EV) kerbside charging for drivers.
New customers can now charge on-street from as little as 22.5p per kWh – 7p a mile – through Octopus Electric Vehicles (OEV), an EV-only leasing company, with the savings made by powering through Octopus Electroverse.
A full charge for a typical MG4 EV would cost around £16 at the discounted rate, around 7p per mile.
That’s only around 5p per mile more than smart charging at home and half the cost of running a petrol Volkswagen Golf at around 17p per mile and £75 per tank.
Octopus has launched around 20,000 charging points from on-street charging firms Ubitricity and Connected Kerb, with plans to roll out the offer to more locations and brands across the UK.
The news comes as Octopus reported a 36% increase in EV leasing interest as volatile fuel prices push more consumers towards driving EVs.
Gurjeet Grewal, CEO of Octopus Electric Vehicles said: “We’re making EV driving cheap for everyone, not just those with driveways. We’ve already helped thousands of drivers switch to electric but the landscape is changing fast, and more people without driveways are becoming EV-curious. With the increased prevalence of affordable kerbside charging and cars, now’s the perfect time to offer drivers a bundle designed for those who can’t charge at home.
“By cutting kerbside charging costs in half, even more drivers can enjoy the savings and simplicity of going electric – and we’re thrilled to help people from all corners of the UK join the EV revolution.”
Copyright © 2026 Energy Live News LtdELN