EV Charging Off-Peak: How to Pay $0.06/kWh

April 2, 2026 • 7 min read • Last updated: April 2026
EV charging at home off-peak

Owning an EV is already cheaper than petrol on running costs. But most EV owners are leaving money on the table by charging at standard electricity rates. Switch to an off-peak EV plan and your charging costs can drop to $0.06 per kWh — that's roughly $2 to charge your car for 300km of driving.

Here's how the numbers work, which plans offer the best rates, and how to set up overnight charging so it happens automatically.

The off-peak advantage: real numbers

Electricity prices in Australia vary dramatically depending on when you use them. Time-of-use plans split the day into peak, shoulder, and off-peak periods:

Period Time Standard Rate Ovo EV Plan
Peak3pm–9pm$0.40–$0.55/kWhVaries
Shoulder7am–3pm, 9pm–12am$0.25–$0.35/kWhVaries
EV Off-Peak12am–6am$0.15–$0.20/kWh$0.06/kWh

The Ovo Energy EV plan is the standout — $0.06/kWh between midnight and 6am is roughly one-fifth of the standard off-peak rate and one-eighth of peak rates.

Annual cost comparison: off-peak vs standard vs petrol

Based on the average Australian driving 15,000km/year with an EV consuming 15kWh/100km:

Charging Method Rate Annual Cost Monthly Cost
Ovo EV off-peak$0.06/kWh$135$11
Standard off-peak$0.18/kWh$405$34
Standard flat rate$0.30/kWh$675$56
DC fast charger$0.50–$0.65/kWh$1,125–$1,463$94–$122
Petrol car (8L/100km)$1.90/L$2,280$190

At $0.06/kWh, your annual "fuel" cost is $135. That's $11 per month. Your petrol-driving neighbour is paying $190 per month. The off-peak EV plan saves over $2,100 per year compared to petrol.

Ovo Energy EV plan: the details

Ovo Energy offers a dedicated EV plan with a super off-peak rate of $0.06/kWh between midnight and 6am. Key details:

The key insight: the $0.06/kWh rate applies to all electricity used during midnight–6am, not just your EV charger. So your dishwasher, washing machine, hot water system — anything you can schedule to run overnight benefits from the rate.

Switch to Ovo Energy — get $180 credit
Sign up for Ovo Energy and get $180 off your electricity bill. Combined with $0.06/kWh overnight EV charging, your fuel costs could drop to under $15/month.
Try Ovo Energy →

How to set up overnight charging

Option 1: Use your car's built-in scheduler

Most modern EVs have charge scheduling built in:

Set the start time to 12:00am and the end time to 6:00am. The car handles the rest.

Option 2: Use a smart charger

Dedicated wall chargers like the Zappi, Tesla Wall Connector, or Wallbox Pulsar can be scheduled independently of the car. This is useful if your car doesn't have good scheduling features, or if you want the charger to control timing regardless of which car is plugged in.

Option 3: Simple timer switch

The budget option: plug your charger into a $20 timer switch from Bunnings. Set it to turn on at midnight and off at 6am. Simple, reliable, no app required.

Is 6 hours of overnight charging enough?

For most drivers, absolutely. Here's why:

Even on a standard powerpoint, 6 hours of off-peak charging covers 2-3 days of average driving. With a Level 2 charger, you could drive 280km and fully replenish overnight. For the vast majority of EV owners, overnight charging covers all your needs.

Combining off-peak charging with solar

If you have rooftop solar, the optimal strategy is:

  1. During the day: Charge from solar when the sun is shining (essentially free)
  2. Overnight: Use the $0.06/kWh off-peak rate for any additional charging needed

This combination can reduce your annual EV charging cost to near-zero. A 6.6kW solar system generating 20kWh/day can cover your daily driving needs for free, with the off-peak rate as backup for heavy-use days or winter.

Switch to Ovo Energy — get $180 credit
Sign up for Ovo Energy with referral code and get $180 off your electricity bill. Combined with $0.06/kWh overnight EV charging, your fuel costs could drop to under $15/month. Use our EV Charging Cost Calculator to see your savings.

Other EV electricity plans worth considering

Use our EV Charging Cost Calculator to compare costs at different rates, and our EV vs Petrol Calculator to see the full annual running cost difference.

Switch to Ovo Energy — get $180 credit
Sign up for Ovo Energy with referral code and get $180 off your electricity bill. Combined with $0.06/kWh overnight EV charging, your fuel costs could drop to under $15/month. Use our EV Charging Cost Calculator to see your savings.

Frequently asked questions

How much does off-peak EV charging cost?

With plans like Ovo Energy's EV plan, $0.06/kWh between midnight and 6am. Charging a typical EV from 20% to 80% costs about $2.16.

What is the cheapest time to charge an EV?

Midnight to 6am on off-peak plans. Rates can be as low as $0.06/kWh compared to $0.40-$0.55/kWh during peak evening hours.

Can I schedule my EV to charge at off-peak times?

Yes — most EVs have built-in charge scheduling. Set it to start at midnight and it charges at the cheapest rate automatically.

How much can I save with off-peak charging?

$540–$990 per year compared to standard or peak rates. Over $2,100/year compared to a petrol car.

Saving for an EV or home charger?
Set up automatic savings with Up Bank — dedicated buckets for your EV goal, no willpower required. Sign up and get $10 free.
Try Up Bank →