In Brief

A company called OVO in the UK turns your car into an electricity generator

Owning an electric car in the UK Is made much more reasonable by a company called OVO. Their system charges massive car batteries when electricity is cheap then sells it back to the grid when the price swells. Daily electricity price fluctuation in the UK can swell cost five times over.

On peak hours early evening when everyone is cooking, watching the television, or blasting their heaters, the price of the electricity can skyrocket. This is because more generators are required to power the grid. When everyone is asleep, the cost drops.

Exact details on how much money a household can generate with the program are still unavailable. Those interested may sign up for updates here. Electric cars promise lower running costs but with a system like this being implemented, it could literally be paying for itself.

OVO

Owning an electric car in the UK Is made much more reasonable by a company called OVO. Their system charges massive car batteries when electricity is cheap then sells it back to the grid when the price swells. Daily electricity price fluctuation in the UK can swell cost five times over.

On peak hours early evening when everyone is cooking, watching the television, or blasting their heaters, the price of the electricity can skyrocket. This is because more generators are required to power the grid. When everyone is asleep, the cost drops.