Fall in EV charging costs offset by VED taxes
A fall in peak-time EV charging costs has been offset by the introduction of road tax for electric vehicles, according to the latest AA EV Recharge Report.
It found that peak-time on-street charging fell by 7p per kWh during April, while off-peak charging costs fell by 1p per kWh.
However, these savings were offset by the introduction on 1 April of Vehicle Excise Duty for electric vehicles.
Jack Cousens, head of roads policy at the AA, said: “For the second month running, on-street residential charging has fallen meaning drivers can recharge for less closer to their home. This is important for those without any dedicated off-street parking, as it allows everyone to join the move to electrification.
“Unfortunately for EV drivers, the introduction of VED means that the days of free car tax are over. An annual tax saving of around £200 was not to be sniffed at, yet the unique move to hit owners in this way means people may stick with what they’ve always chosen.
“The AA agrees that all drivers should pay something towards road maintenance, but a fairer solution would be to offer a discounted EV rate until EVs saturated more of the UK car parc.”
