Electric car owners could save hundreds of dollars a year under a new government scheme. Here’s how
News Source
•Tue, 08 Sep 2026 15:00:43 GMT
📰 What Happened
New modelling shows electric car owners can save money on federal 'solar sharer' energy plans. Households with one EV could save up to $800 a year. Homes with two EVs could save as much as $1900. The plans offer three hours of free electricity each day.
The savings come from charging cars during the free midday period. But the research warns some people may pay more. Higher peak and supply charges can wipe out the gains, so the plans do not suit everyone.
🔍 The Backstory
The solar sharer plans became available in July this year. They are regulated energy offers that share the benefits of rooftop solar. The Institute for Energy Economics and Financial Analysis (IEEFA) ran the new modelling.
EVs are still new to many Australian homes. Energy analysts say smart charging times are becoming the key to cheaper running costs. The government wants these plans to encourage more people to go electric.
🎯 Why It Matters
If you own an EV, picking the right energy plan could save you hundreds of dollars a year. But the wrong plan could cost more. Knowing the details helps families make the switch without surprise bills.
New modelling shows electric car owners can save money on federal 'solar sharer' energy plans. Households with one EV could save up to $800 a year. Homes with two EVs could save as much as $1900. The plans offer three hours of free electricity each day.
The savings come from charging cars during the free midday period. But the research warns some people may pay more. Higher peak and supply charges can wipe out the gains, so the plans do not suit everyone.
The solar sharer plans became available in July this year. They are regulated energy offers that share the benefits of rooftop solar. The Institute for Energy Economics and Financial Analysis (IEEFA) ran the new modelling.
EVs are still new to many Australian homes. Energy analysts say smart charging times are becoming the key to cheaper running costs. The government wants these plans to encourage more people to go electric.
If you own an EV, picking the right energy plan could save you hundreds of dollars a year. But the wrong plan could cost more. Knowing the details helps families make the switch without surprise bills.