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Petrol can be cheaper than electric – if less than £1 per litre

My Energi

• The average electric car remains cheaper to run than an equivalent petrol car • Fuel prices would need to fall below £1 per litre to make petrol cars cheaper to run • Electric car registrations exceeded expectations in 2022, beating forecasts by 7% Despite the average price of petrol falling below £1.50

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Why 2023 will be another great year for electric vehicles

My Energi

While electric car registrations in 2022 were undoubtedly affected by the global chip shortage and issues relating to the war in Ukraine – notably supply constraints on wiring looms – they were still 21% higher than the previous year, and we can expect annual growth rates of around 30% for the next two years.

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Self-Generation Nation – Solar Sales Soar Amid Escalating Energy Costs

My Energi

Even prior to the catastrophic impact caused by Russia’s invasion of Ukraine, prices were creeping up and unprecedented demand was beginning to put pressure on available supply. In 2021 alone, wholesale costs soared by upwards of 250%. Does the maths add up when it comes to self-generation? With almost 1.1 gigawatts.

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