EV Recharge Report reveals dip in charging costs
Off-peak ultra-rapid charging costs fell by about 10% in December, according to the AA’s EV Recharge Report.
It found that prices fell about 5p per kWh last month, meaning that off-peak ultra-rapid charging costs are now on a par or cheaper than off-peak costs for all other charging speeds.
Meanwhile, ultra-rapid peak rates fell by 1p/kWh in December.
Elsewhere, off-peak rapid costs rose by 3p and rapid peak rates were up by 1p.
Jack Cousens, head of roads policy for The AA, said: “The cuts to ultra-rapid peak and off-peak rates would’ve been welcome to those travelling around at Christmas, especially if they got themselves caught in lengthy jams.
“Reflecting on how prices have changed since 2023, it is clear that chargepoint operators offering peak and off-peak rates are the most competitive, whereas flat rate providers have seen steady increases over the same period.
“Cutting VAT on public charging is an easy win, and we urge the Chancellor to carry this out at the earlier opportunity. Cheaper charging away from home will help give more confidence to those drivers considering making the switch to an EV.”
