Will a plug-in hybrid save me money if I use it as an EV?

I have an MG HS PHEV. With energy prices being as high as they are right now, is it best to use it on electric power on a daily basis or will it be cheaper to run the car on petrol only?

Asked on 17 January 2023 by Malcolm Evans

Answered by Andrew Brady

It's difficult to say and will depend on factors such as your driving style, home electricity tariff and how much you pay for petrol. We'd recommend working out your 'cost per mile' based on your fuel economy with a flat battery and comparing it to the cost per mile using electric power (based on your home electricity tariff).

Tags: running costs fuel prices plug-in hybrid phev

Similar questions

Is it cheaper to charge a PHEV or run it on petrol?

Now that we have a £2,500 energy price guarantee will it still be cheaper to charge up my plug-in hybrid electric vehicle (PHEV) or will it be cheaper to buy petrol?

Why are PHEVs more expensive than petrol equivalents?

I am thinking of buying a PHEV. I do around 7000 miles a year, many of them short runs of less than 20 miles. The car I’m looking at is approximately £6000 more than it’s pure petrol equivalent. It looks...