EV Charging Price Increase Due To Spiraling Costs
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Gridserve has increased the cost of charging an electric vehicle (EV) on its network, blaming spiralling costs impacting the energy sector.
Pricing for medium power chargers – typically 60kW – which are primarily located at motorway service areas is increasing from 30p to 39p per kWh with immediate effect.
However, it said that pricing for high power chargers – up to 350kW – located at its newly developed Electric Hubs (of which it currently has 13 in construction), is 45p per kWh.
It is also keeping pricing at 39p per kWh – even for 350kW chargers – at its Electric Forecourts thanks to onsite solar generation and battery storage which gives the company more control over energy and distribution costs.
Gridserve says that it recognizes the better the economics are for using EVs versus petrol or diesel, “the quicker people will make the switch”.
It is why the company says it is investing in new solar energy and battery projects which help to protect customers against the type of price hikes and instability that is currently affecting the energy market.
Gridserve says it wants to revolutionize EV charging across the UK, following the acquisition of Ecotricity’s Electric Highway network in June 2021.
https://thebestcarfinanceblog.co.uk/ev-chargi...ing-costs/