Electric car charging costs deemed ‘stubbornly high’ with petrol and diesel owners left reluctant to switch
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Charging costs are four per cent more expensive than last year with prices not coming down fast enough
Drivers have been warned that prices at public charging points for electric vehicles still remains “stubbornly high” with motorists paying roughly four per cent more than last year.
The price reveal follows a report by the RAC which found that for public chargers with power outputs between 50 and 149 kilowatts drivers pay 79.19p per kilowatt hour (kWh).
The price is almost the same as the beginning of the year (79.55p), but four per cent higher than last year and shockingly up 28 per cent compared with two years ago.
The stark rise in costs compares to the drastically less charging fees drivers pay using off-peak rapid chargers at home which costs around 7p per kWh.
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Electric cars charging costs at public stations remain too high for drivers
PARAC spokesperson Rod Dennis said: “Drivers of electric vehicles might be frustrated that the cost to use rapid or ultra-rapid chargers remains stubbornly high, despite wholesale energy prices dropping.
“But they might also be surprised to learn that the actual cost of electricity they are using when they charge up makes up a relatively small part of the total price they have to pay due to the high charges levied on the networks for grid upgrades and connections.”
Meanwhile on-street lamppost or bollard charger costs are marginally higher for drivers costing around 49p per kWh.
But while costs remain a barrier for many drivers to make the switch to electric cars, there has been some movement in reducing the price.
Average wholesale electricity prices have dropped by more than 80 per cent from 51p per kWh in August 2022 to lessthan 9p per kWh at the end of the same month this year.
Dennis added: “Charging networks are spending enormous sums of money now to install the charging infrastructure that an increasing number of drivers will be using in the years to come, as more of us switch to EVs.
“Not all drivers depend on these fastest, high-powered chargers, but they are a crucial element of the charging mix. It’s vital that public charging costs for drivers come down.”
But the RAC warned that prices remain too high as EV companies which operate the charging devices have faced huge increases in electricity costs.
Vicky Read, chief executive of ChargeUK explained that reforms are needed to help charge point operators offer public charging that is “as affordable as possible” but the Government also needs to play its part.
One of the ways Labour can hep is by reducing the VAT for electricity at public chargers from its harsh 20 per cent down to five per cent.
A Government spokesperson said: “The majority of electric vehicle drivers are able to charge at home, which can cost around half the price of filling up an equivalent petrol vehicle.
“While our ambition to move to clean power by 2030 will mean cheaper energy, we’re also supporting drivers to make the switch to electric through grants for those without driveways, £200 million to roll out chargepoints, and lower tax rates for electric cars.”
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On-street chargers remain a cheaper option for driver who are unable to charge at home
GETTYReed urged the Government and Ofgem to act now to ensure that affordability is “not a hurdle in the transition to EVs”.
She stated: "The sector has committed to spend £6billion ahead of demand and profitability to deliver the charging infrastructure that the UK needs. But operators are faced with significant costs outside their control.”