Automotive Industry Digest

Latest Fleet News For The Automotive Industry

Fleet file

Driveway charging costs drop 12% but those at the kerbside fail to follow – AA EV Recharge Report 

Electric car drivers have seen prices of public flat rate charging rise while costs for charging an EV at home have fallen by 4p per kWh, according to the July 2023 AA EV Recharge Report*.

On 1 July, the new Energy Price Cap fell from an average of 34 p/kWh to 30 p/kWh**. However, all flat-rate public charging costs rose by at least a penny compared to June, with slow rate on average rising by 4 pence to 48 p/kWh due to a big rise in one city.

While slow charging in residential areas through lampposts remained largely static, a council-announced increase in Brighton and Hove from 39 p/kWh to 61 p/kWh***, a 56% increase, drove the average kerbside cost across the country up 4p per kWh.

Meanwhile, all peak and off-peak rates of charging in the public realm remained static offering some comfort to EV owners.

AA EV Recharge Report, July 2023. Flat rates;

Charge Type Speed Jul Ave (p/kWh) Jun Ave (p/kWh) Difference (p/kWh) Cost to charge to 80% Pence per mile (p/mile)  
Domestic Up to 7kW 30 34 -4 £12.00 6.74  
Slow Up to 7kW 48 44 4 £19.20 10.79  
Fast 8-22kW 56 55 1 £22.40 12.58  
Rapid 23-100kW 69 68 1 £27.60 15.51  
Ultra-rapid +101kW 72 71 1 £28.80 16.18  
               
PETROL 145.00 ppl 143.86 ppl 1.14 ppl £46.40 13.85

 

AA EV Recharge Report, July 2023. Peak and Off-Peak rates;

Charge Type Speed Jul Ave (p/kWh) Jun Ave (p/kWh) Difference (p/kWh) Cost to charge to 80% Pence per mile (p/mile)  
Slow Off-Peak Up to 7kW 33 33 0 £13.20 7.42  
Slow Peak Up to 7kW 53 53 0 £21.20 11.91  
Fast Off-Peak 8-22kW 75 75 0 £30.00 16.85  
Fast Peak 8-22kW 79 79 0 £31.60 17.75  
Rapid Off-Peak 23-100kW 75 75 0 £30.00 16.85  
Rapid Peak 23-100kW 79 79 0 £31.60 17.75  
Ultra-rapid Off-Peak +101kW 57 57 0 £22.80 12.81  
Ultra-rapid Peak +101kW 65 65 0 £26.00 14.61  
               
PETROL 145.00 ppl 143.86 ppl 1.14 ppl £46.40 13.85

 

Flat rate slow charging at highest point this year

Unfortunately, the hike in slow charging costs means July was the most expensive month to use that speed of charge in 2023. With domestic energy prices falling and OFGEM reporting that wholesale electricity prices are down considerably from the same time last year****, EV drivers may feel disappointed that public realm charging has not fallen.

Jack Cousens, head of roads policy for the AA, said; “The majority of EV owners have their own dedicated charging source and would’ve reaped the benefits of the drop in the Energy Price Cap when charging at home.

“However, that benefit may have been missed completely for those who are solely reliant on the public network. While wholesale electricity costs have dropped considerably from last summer, some networks increased their prices.

“With the Competition and Markets Authority and Government keen to keep an eye on pump prices, there is a strong argument to consider mirroring their activities for EV charging costs in the public realm.”­­­-

*Article Source www.TheAA.com

Automotive Industry Digest

Social media & sharing icons powered by UltimatelySocial