EV charging company char.gy has launched a new tariff to allow drivers to charge their vehicles at a reduced rate overnight.
The “Night Saver” tariff will charge drivers 29p/kWh to charge their vehicle from midnight until 7am the next day.
Between 7am and midnight, it will cost 65p/kWh to charge an EV on char.gy’s on-street network, which is line with the national average according to RAC Charge Watch, the company said.
The move will help increase the affordability of running an EV in the UK amid the energy crisis, according to char.gy.
High wholesale power prices have already increased the price EV drivers are expected to pay by 14% since June, Zap-Map said via the recent release of its Price Index.
The findings revealed that, in September 2022, the average weighted price of charging at a slow or fast charger – typically found on-street or at a destination such as supermarkets or car parks – was 39p/kWh in the UK.
Char.gy added that the price for a rapid or ultra-rapid chargepoint, typically used for high speed en-route charging, was 56p/kWh.
Because of this, the overall increase for slow and fast chargepoints stood at 15% from 34p/kWh in June 2022, with rapid and ultra-rapid chargepoints seeing an increase of 14% in the same period. It previously stood at 49p/kWh. This has led to an increase in charging prices by chargepoint operators.
The table below shows how drivers can use a standard 5.3kW char.gy lamppost on-street charger to keep their driving costs under 10p per mile.
|
kWh |
Start |
Total cost |
p/mile |
Average p/kWh |
Mileage |
|
|
Small |
20 |
23:30 |
£6.75 |
8.4 |
£0.34 |
80 |
|
Medium |
35 |
22:30 |
£13.01 |
9.3 |
£0.37 |
140 |
|
Large |
50 |
21:30 |
£19.27 |
9.6 |
£0.39 |
200 |
“During this crucial time, we recognise the frustrating disparity between charging rates for motorists with driveways and those without,” said Richard Stobart, CEO of char.gy.
“The introduction of our new Night Saver tariff aims to provide a solution by giving all EV motorists access to the most competitive rates through our renewables-based charging service. This also supports the UK’s drive for greater energy security and more renewable energy, because more EV energy demand will occur when national energy demand is at its lowest.”
A number of companies have launched overnight tariffs for EV charging in the past including Good Energy’s Green Driver tariff, which offers two overnight off-peak periods to charge at a cheaper rate.
Meanwhile the range of EV specific tariffs has also continued to grow, with Intelligent Octopus tariff, Zap-Flash tariff, OVO Energy’s Drive + Anytime tariff, as well as those from suppliers like EDF, E.ON and ScottishPower.
