Public charging costs set to fall

Rising prices of using rapid and ultra-rapid public charge points slowed in September are expected to begin falling in the coming weeks.

According to RAC Charge Watch, it now costs an average of 71.41p per kilowatt hour (kWh) to rapid charge an EV on a pay-as-you-go basis, up from 63.29p (13%) a year ago. But that price has remained unchanged in the last month.

Meanwhile, the cost of using an ultra-rapid charger is now 74.81p per kWh compared to 63.94p a year ago.

However, a new energy price cap comes into force next week which should reduce prices at both rapid and ultra-rapid devices.

RAC spokesman Rod Dennis said: “The fact charging prices – whether at home or at a public rapid or ultra-rapid charger – appear to have finally peaked can only be good news for drivers, whether they’re already lucky enough to drive an electric vehicle or are considering one as their next vehicle. It’s imperative now that charge point operators (CPOs) reduce their rapid and ultra-rapid charging prices as soon as they can to show they’re on the side of drivers.”