Fuel prices in 2026 will continue to reflect a complex mix of global markets, domestic competition and retailer behaviour. What will change is the ability of drivers to see, compare and respond to those prices more easily. Drivers who actively check prices and adapt their habits will benefit the most from the changes ahead.
Once we factor in energy prices the Ofgem energy price cap is set from 1 July – 30 September 2026: £1,862 per year (Confirmed), adding this to other cost-of-living pressures will impact many households who will need to adjust their consumption requirements or seek out alternatives.
As we continue to see market share of EV increasing each month 27.3% of all of new car registrations in May 2026 were battery EV’s as confirmed by Society of Motor Manufactures Traders (SMMT). Now is the time to compare the savings that can be made by switching to EV’s versus petrol and diesel cars.
Follow this link and update the information on the Optimum Ev Solutions cost calculator and see what you can potentially save cost per mile petrol versus EV’s.
& installation
Your car
How would you charge at home?
Standard home electricity rate — no special tariff needed
Your estimated savings
Annual saving
£0
vs current fuel costs
Monthly saving
£0
per month
5-year saving
£0
projected total
Cost/mile now
—
petrol
Cost/mile as EV
—
@ 24p/kWh
CO₂ saved/year
—
vs combustion engine
| Current car | EV equivalent | |
|---|---|---|
| Full "tank" cost | — | — |
| Cost per mile | — | — |
| Annual fuel bill | — | — |
| Annual saving | — | |
7kW wall charger installed
~£950
supply + installation
After OZEV grant
~£600
for eligible homes
Based on annual fuel saving vs cost after OZEV grant
