Electric vans can often be cheaper to run than traditional vans because electricity is usually cheaper than petrol or diesel, and electric vehicles generally have fewer moving parts to maintain. However, the overall cost depends on how you use your van, how far you drive, where you charge, and the purchase and insurance costs involved.
If you’re considering switching to an electric van, it’s important to look beyond fuel costs and consider the total cost of ownership.
Understanding Electric Van Running Costs?
Electric vans can often cost less to run over time.
The biggest reason is that charging an electric van often costs less than filling up with petrol or diesel. Electric vans can also have lower maintenance costs because they don’t require components such as oil changes and have fewer mechanical parts that wear out over time.
According to the Energy Saving Trust’s guidance on electric van running costs, many businesses can benefit from lower day-to-day operating costs, although the savings will depend on how the vehicle is used.
That said, running costs are only one part of the picture. To work out whether an electric van is the right choice for you, it’s worth considering the full cost of owning and operating the vehicle.
What Costs Should You Compare?
When comparing electric and conventional vans, look at:
- Purchase or finance costs
- Charging or fuel costs
- Servicing and maintenance
- Insurance costs
- Vehicle taxes and incentives
- Charging equipment costs
A van with lower day-to-day running costs may still cost more overall if the upfront purchase price is significantly higher.
How Much Does It Cost to Charge an Electric Van?
Charging at Home
Charging at home is often the most affordable option. If you have access to off-peak electricity tariffs, the cost can be lower still.
Charging at Your Business Premises
Businesses that install workplace charging points may benefit from predictable charging costs and the convenience of charging vehicles overnight or between shifts.
Public Charging
Public charging is useful when you’re away from your usual charging location, but it can be more expensive than charging at home or work. Rapid charging stations are typically the most expensive option.
Why Charging Access Matters
Your charging arrangements can have a significant impact on your running costs. A driver who charges overnight at home may see different costs from someone who relies heavily on public charging networks.
How Do Electric Van Running Costs Compare?
Energy Costs
Electricity is often cheaper per mile than petrol or diesel, which is why many businesses look at electric vans when trying to reduce operating costs.
For example, a local tradesperson completing short daily journeys may spend less on energy by charging overnight than they would on fuel for a similar conventional van.
Maintenance Costs
Electric vans generally have fewer moving parts than petrol or diesel vehicles. This can reduce some routine maintenance requirements.
However, electric vans still require servicing and safety checks, including tyres, brakes, lights and suspension components.
Understanding the basics of maintaining an electric vehicle can help you keep running costs under control and get the most from your van over the long term.
Day-to-Day Ownership
The combination of lower energy costs and potentially lower maintenance costs means some owners find electric vans more affordable to operate. However, savings will vary depending on your driving habits and vehicle choice.
When Could an Electric Van Save You Money?
An electric van may be a good fit if you:
- Cover regular daily mileage
- Operate mostly in towns and cities
- Have access to home or workplace charging
- Want to reduce fuel costs over time
- Follow predictable routes
For example, a courier operating local delivery routes may find it easier to take advantage of an electric van’s range and charging opportunities than someone regularly driving long distances across the country.
If you’re still researching whether an electric vehicle is right for your business, our guide to electric vans in the UK explores the different options available, charging considerations, and what to expect from day-to-day ownership.
When Might an Electric Van Not Be the Best Choice?
Although electric vans suit many drivers, they won’t be right for everyone.
You may find a petrol or diesel van more practical if you:
- Frequently travel very long distances
- Have limited access to charging facilities
- Carry particularly heavy loads
- Need to minimise downtime between journeys
Your decision should be based on how you use your van rather than assuming one type of vehicle is always cheaper.
What Other Benefits Do Electric Vans Offer?
Lower Tailpipe Emissions
Electric vans produce zero tailpipe emissions while driving, which can help reduce a vehicle’s environmental impact.
Quieter Driving
Electric vehicles are typically quieter than conventional vans, which can make driving more comfortable, particularly in urban environments.
Support for Business Sustainability Goals
Many businesses are exploring electric vehicles as part of wider efforts to reduce emissions and improve sustainability.
Potential Benefits in Emission-Controlled Areas
Depending on local regulations, electric vehicles may benefit from reduced charges or restrictions in some low-emission areas.
What Are the Potential Drawbacks?
A balanced comparison should also consider the challenges.
Higher Purchase Prices
Electric vans often cost more to buy than comparable petrol or diesel models. The Office for Zero Emission Vehicles (OZEV) provides information on government support, charging infrastructure and schemes designed to encourage the adoption of zero-emission vehicles.
Charging Times
Charging takes longer than refuelling with petrol or diesel, which can require more planning.
Range Considerations
Modern electric vans continue to improve, with many models offering ranges suitable for daily business use. However, range varies between vehicles and can be affected by driving style, payload and weather conditions.
Charging Infrastructure
While the UK’s charging network continues to expand, charging availability may still affect some drivers depending on where they live and work. The Government continues to support the growth of charging infrastructure across the country.
Are Electric Vans More Expensive to Insure?
Van Insurance costs vary based on several factors, including:
- The vehicle itself
- Where it’s kept
- How it’s used
- Annual mileage
- Driver history
- Claims record
Because every driver and vehicle is different, it’s impossible to say that electric vans are always cheaper or more expensive to insure. Insurance is just one part of the total cost of ownership.
Electric Van Running Costs at a Glance
| Cost Factor | Electric Van | Conventional Van |
| Purchase price | Often higher | Often lower |
| Energy/fuel costs | Often lower | Often higher |
| Maintenance | Often lower | Often higher |
| Refuelling/recharging time | Longer | Faster |
| Tailpipe emissions | None | Higher |
| Range | Depends on model | Typically longer |
Individual costs will vary depending on the vehicle, usage, location and charging arrangements.
Checklist: Is an Electric Van Right for You?
Ask yourself:
- Can you charge at home or work?
- Is your daily mileage within your chosen van’s range?
- Do you mostly make local or regional journeys?
- Are lower day-to-day running costs important to you?
- Can you accommodate charging time within your schedule?
- Are you comfortable with a potentially higher upfront cost?
If you answered “yes” to most of these questions, an electric van could be worth considering.
Frequently Asked Questions
How much can I save by switching to an electric van?
There is no guaranteed saving. Costs vary depending on mileage, charging arrangements, fuel prices, electricity prices and the vehicle you choose.
Do electric vans require less maintenance?
Electric vans typically have fewer moving parts than conventional vehicles, which can reduce some maintenance requirements. However, they still need regular servicing and inspections.
Can I charge an electric van at home?
Yes. Many electric van owners charge their vehicles at home, particularly overnight.
Are electric vans suitable for businesses?
They can be, especially for businesses operating predictable routes with reliable access to charging.
Are there grants available for electric vans?
The UK Government continues to provide support for eligible zero-emission vans and charging infrastructure through schemes administered by the Office for Zero Emission Vehicles (OZEV). Always check current eligibility requirements before making a purchase. Depending on the vehicle and current scheme rules, businesses may also find it useful to review the latest zero-emission van grant guidance before making a purchase decision.
Final Thoughts
Electric vans can be cheaper to run, particularly if you can charge conveniently and cover regular mileage. Lower energy and maintenance costs are often the biggest advantages.
However, they’re not automatically the right choice for every driver or business. Upfront costs, charging access, range requirements and insurance costs should all be considered before making a decision.
The best approach is to look at your own needs, compare the total costs involved, and choose the option that works best for your circumstances.
If you’ve decided an electric van could work for your business, our guide to the best electric vans currently available highlights some of the most popular models on the market and their key features.