Households face higher energy bills to cover the cost of expanding access to electric car chargers, as Britain races towards a ban on petrol and diesel engines in 2030. The energy regulator is exploring plans under which companies building public charging points will no longer pay some of the costs of connecting to the grid. Instead, the network companies that provide the connections will be able to recoup those costs from customers via their regular electricity bills. Anecdotal reports suggest grid connections can cost as much as £1m in some places where more cabling is required, such as some rural service stations.
Telegraph 24th July 2021 read more »
With surprisingly little fanfare the Tesla Model 3 became the UK’s bestselling car last month. Regardless of how long it can hold on to its perch ahead of the closest challengers — the Volkswagen Golf, Ford Puma and Vauxhall Corsa — it was a significant breakthrough in the country’s transition from petrol and diesel to greener motoring. The rise of the Tesla is surprising not least because of its price tag, from £41,000 to £60,000 — twice the price of the country’s other most popular vehicles. The electric car boom is being spurred on by generous tax breaks through salary sacrifice schemes, which give employees savings of 42 per cent if they are higher-rate taxpayers and 32 per cent if they pay the basic rate. If you earn more than £150,000 the saving is a huge 47 per cent.
Times 25th July 2021 read more »