Peak fast and rapid charging costs fall by 19% – AA EV Recharge Report
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Off-peak fast and rapid charging falls by 15% Off-peak ultra-rapid
costs reduced by 7 p/kWh AA at ‘Electric Avenue’ at Goodwood
Festival of Speed this weekend “Charging price crash is exactly the
spark needed to power EV ownership” says AA president Considerable
drops in the cost of peak and off-peak charging across the fastest
speeds have brought considerable joy to electric vehicle drivers
according to the June 2023 AA EV Recharge Report*. A 19%...Request free trial
Considerable drops in the cost of peak and off-peak charging across the fastest speeds have brought considerable joy to electric vehicle drivers according to the June 2023 AA EV Recharge Report*. A 19% drop in peak rate costs, coupled with a 15% fall in off-peak rates compared to May 2023 shows that chargepoint providers have overcome the issues experienced last month when some operators could no longer carry the increased charges following the ending of the Energy Bill Relief Scheme (EBRS). With energy prices expected to fall further this year, this could just be the beginning to cheaper running costs for EV drivers. AA EV Recharge Report, June 2023. Flat rates;
AA EV Recharge Report, June 2023. Peak and Off-Peak rates;
AA at ‘Electric Avenue’ at Goodwood this weekend The positive news comes as the AA showcases some of its EV capabilities across breakdown and driving school at the Goodwood Festival of Speed this weekend*** on the ‘Electric Avenue’. As well as hosting talks, AA experts will be busting common EV myths such as charging infrastructure and range anxiety. Edmund King, AA president, said; “This is exactly the spark EV ownership needed after the electricity cost crisis. The future of electric cars is now looking very bright. A 19 p/kWh fall in a month for both fast and rapid peak time charging shows how quickly chargepoint operators can adjust their pricing and give EV drivers the benefit of cheaper energy. “With predictions of further reductions in energy prices throughout 2023, EV owners may feel that this drop is just the tip of the iceberg when it comes to charging out on the road. “Despite some concerted attempts to undermine the EV transition, the future is immensely positive for electric cars. More models on the market, high levels of new car registrations, improved ranges, cheaper charging rates and investment in the charging infrastructure are only making the decision easier to buy a car with a plug.” ends NOTES TO EDITORS * Average prices are the PAYG options without connection fee as at 29 June 2023. Subscriptions are available for all charge point speeds which can unlock a cheaper p/kWh, however rates vary across provider. Calculations based on adding 80% to a Vauxhall e-Corsa, 50kW, with a WLTP range of 222 miles. Adding 80% range equates to 178 miles of range. Vauxhall e-Corsa specifications here: Corsa_Spec_ePG_5_January_2023.pdf (vauxhall.co.uk) Calculations based on Vauxhall Corsa 1.2L (75PS) Petrol with a 40 litre tank. 80% refuel = 32 litres. Petrol: 32 litres @ 143.86 ppl = £46.04. Combined MPG of 47.9 = 335 miles at 13.74 p/mile. Vauxhall Corsa specifications here: Corsa_Spec_ePG_5_January_2023.pdf (vauxhall.co.uk) *** Goodwood Festival of Speed | Official Website Speakers at AA events include; Robert Llewellyn and Keanan Lloyd-Adams |
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