EDF offering £200 home charging cashback for Pod Point installation

EDF is offering £200 cashback to anyone who signs up to its Pod Point 'Plug and Power' tariff before December 26.

EDF said the offer is worth the equivalent of over a year of free driving or approximately 8,244 free energy miles.

Pod Point Plug and Power is an electric vehicle (EV) home charger and tariff bundle, which it said lowers the upfront cost for those making the switch to electric driving.

New and existing customers can sign-up to the tariff to receive a £200 credit.

The bundle offers drivers the ability to purchase a Pod Point Solo 3S charger for an upfront cost of £499 (RRP £1,099), with the remainder of the cost for the charger spread over two years and integrated into the tariff.

To be eligible, customers must have a smart meter and be opted into half hourly meter readings. Once customers have purchased their charger and booked an installation date, EDF will apply the £200 credit to their account within 30 days.

Rich Hughes, director of retail at EDF, said: “The Pod Point Plug and Power tariff already offers drivers lower upfront costs on purchasing a charger, by letting them spread the rest of the cost throughout their two-year tariff.

“This deal gives customers even lower upfront costs by putting £200 back in their pocket when they sign-up. 

“We’re really pleased to offer drivers yet another great deal to help them save cash, and encourage more to make the switch to electric driving to reduce their carbon footprint.”

The average cost of charging an EV at home has fallen by 15% this year, to 24p per kWh, the lowest since 2021, according to recent research from  Allstar.

The average pay-as-you-go price to charge an electric vehicle (EV) on the public charging network in October 2024, according to Zapmap, was 56p per kWh on slow/fast chargers and 80p/kWh for rapid/ultra-rapid chargers.

Drivers with off-road parking enabling them to charge their EV at home can pay as little as 7.5p/kWh and avoid having to pay VAT at 20%.