JULY TAXI FUEL UPDATE: Diesel versus Petrol versus Electric

Fuel costs are KEY to managing a successful taxi business. Whilst you can’t do much about the price of fuel apart from shopping around local fuel stations, we can analyse the impact.

In this new ongoing feature, we detail the true costs, and eventually hopefully savings, associated with every penny change at the fuel pump.

In this review we look at three of the UK’s most popular cabs; the diesel TX4, the electric LEVC TX and the petrol Skoda Octavia.

Taxi drivers all work in different ways, so we’ve modelled a few different scenarios and will explain the workings out as we go.

Some drivers will work the LEVC cab completely off the electric charge, some a mix of electric and petrol, and there might even be a few mavericks out there who solely use the petrol range extender.

At the turn of July fuel prices stood at £1.99 per litre when filling up from the black pump, and £1.91 per litre from the green pump. For electric it now costs on average around 28p per kWh to charge from home and roughly £9 for a full charge on public chargers.

Here’s how it has impacted your pocket compared to last month and what you can expect to pay moving forwards.