Electric car drivers could earn £725 a year selling power back to the grid, study finds
Energy companies are keen to incentivise drivers to help balance the grid
A vehicle-to-grid charger will currently set drivers back between £4-5,000
Electric car drivers could earn more than £700 a year selling surplus power back to the grid, according to a government-backed study.
More than 300 homes had chargers installed in their homes that enabled them to sell electricity back to the grid that was stored in their car batteries, in the world’s largest trial of its kind.
The study found that consumers could make up to £725 a year when signed up to tariffs that enables a tech platform to take power from the vehicle’s battery for the grid when national supplies were low.
Switching to electric trucks and buses could prevent up to 57,000 premature deaths and slash over 450 million tons of nitrogen oxide emissions by 2050. Those are the findings of a recent report [.]