Financial Benefits

Ireland's Lowest Cost Commuting:

A years driving electric for under €200 per year

The cost of electricity to charge a REVA overnight is 82c.

(ESB unit price of electricity based on 8.46 c per unit (inc VAT) for 9.6kW hrs). 








For the average commute of 15,000 km per year in a REVA will cost just €154 for the year.

The lowest Motor Tax -  ONLY €31  Per Year

Electric vehicles pay the lowest road tax, currently €31 per annum (Pre '2008 REVA's only pay €31). An average mid -range car pays road tax of €447 that's a saving of €416 + per year.

Lowest insurance group - From €250

The REVA is group 1 insurance, the lowest. A year's fully comprehensive insurance is around €300 per year, depending of course on your age and driving history.

100% year one tax write down for business

REVA's are eligible for a 100% year one tax write down through SEAI's Accelerated Capital Allowance, making them particularly attractive to businesses and as a leased vehicle. Businesses effectively save around 20% of the ex VAT purchase price.



Free Charging with City Center Juice Points - 

Esb have begun the roll out of charging points across the country, there are currently 6 active charge points. Esb aim to have 1500 charge points active by the end of 2011. At present there is no charge to register or use the charge points, to get your ecar charge lead register using the link below. To see the locations of active juice points go to: http://www.juicepoint.ie

Click here to register for ESB ECARS


     

  •  


     

Comparison of a REVAi V’s Petrol car over 3 Years
Critera REVAi - 100% electric 1.4 Petrol Car (new)
  
Emissions per Km   7.2 grams   150 grams  Saving
Cost to Buy
   €11,500 €11,500 -
 Cost of maintenance*:
      
     Repairs €425
 €1000
 €575
     Servicing €1050
  €1200 €150
     Batteries
 €1500**
 €120  €-1380
 Cost of Insurance:
 €900
  €3000  €2100
 Cost of Motor Tax
  €312  €906 €594
 Cost of Petrol/ Electricity
  €462  €2700  €2238
 (15,000 km per year)
      
 Total Saving over 3 years
     €4277
 Total Saving per year
     €1425
  Calculations Calculations
  Cost per km €0.01
(.082c x 80km)		 Cost per km: €0.09
(6.0l x €1.12)***
  Fuel economy €1/100km Fuel economy 6.3 l/100km*--
   Motor tax €104  Motor tax €320
  Annual Emissions 110.4 kgs Annual Emissions 2.4 tonnes  

Full charge of the REVA requires 9.66 kWh of electricity which provides approx 80 km in range.
With Airtricty (89% renewable energy) 1 unit costs .08 cents on a night charge. A full charge then costs .82 cents (0.845 * 9.66).
Per kilometer this is less than .02 cent ( .82 / 80-km). So per year based on 15,000km this works out at €154( .82* 187 days charging). or a maximum if charged 300 days of the year €246.Please note that the information was correct at time of printing however electricity charges are subject to change.

*Maintenance cost- source aaireland.com (cost of motoring) oil, servicing, tyres, maintenance & repairs
Band A = €551 (6400km x 8.619c per km)  Band B = 619 (6400km x 9.674c per km

** Battery- The REVAi battery has a life of approx 3 years after this time it will requires a new battery pack at a cost of €1500 incl parts and labour.

*** The vehicle fuel consumption can be gathered from the manufacturers or the SEI website:http://www.sei.ie/app_trs_search.asp.

*- €1.12 Price of Fuel at the time of editing