Skip advert
Advertisement

Electric car rapid charging is cheaper than petrol or diesel, as pump prices soar

The latest figures show that stable electricity prices bring a cost advantage back to EV drivers - for now at least

Kia Niro charging

EV drivers can once again fast-charge their vehicles at a lower cost per mile than petrol drivers, following recent increases in pump prices coupled with a period of electricity cost stability.

According to the Automobile Association’s August 2023 Recharge Report, while petrol prices jumped 4.24 per cent EV charging costs held steady.

The report says EV drivers charging away from home have enjoyed a 3p/kWh fall in average peak charging costs, whereas the cost of off-peak kerbside charging has risen by 5p/kWh. Across other charging bands, including flat-rate bands, average costs have remained static or even fallen slightly, particularly for the fastest recharging speeds.

Advertisement - Article continues below

The small reductions are hardly cause for EV drivers to celebrate, but they’re doing better than owners of petrol and diesel cars. The AA figures show the average price of unleaded rose by 6.19p in August, and is continuing to rise in September - a spike caused by the decision of OPEC nations to reduce supplies, which saw the price per barrel rise from $75 to $90 in the global market.

Last month, says the AA, the pence per mile cost for a typical compact family car was 13.85p, but that has now risen to 14.44p. That makes it more expensive per mile than the average cost of peak and off-peak charging at ultra rapid chargers, it calculates.

Those calculations were based on the cost of adding 80 per cent charge to a Vauxhall Corsa Electric, 50kW, with a WLTP range of 222 miles, equating to an extra 178 miles of range. The petrol calculation was based on an 80 per cent fill of a Vauxhall Corsa 1.2-litre with a 40-litre tank, equating to a 32-litre purchase.

“As well as limited movement in the price paid at the device, unlike fuel there is more uniformity in the cost drivers pay wherever they plug in, be it Padstow, Pontypool or Perth,” says AA head of roads policy Jack Cousens.

“As more drivers and businesses make the switch to electric, many may look back at their days owning a petrol or diesel car and wonder why chargepoint companies can keep costs consistent across the UK but the fuel trade can’t.”

Click here for our list of the best electric cars on sale in the UK...

Skip advert
Advertisement
Current affairs and features editor

Chris covers all aspects of motoring life for Auto Express. Over a long career he has contributed news and car reviews to brands such as Autocar, WhatCar?, PistonHeads, Goodwood and The Motor Trader.

Skip advert
Advertisement

Recommended

UK self-driving car “revolution” incoming: new law allows autonomous vehicles by 2026
Tesla Model Y - interior
News

UK self-driving car “revolution” incoming: new law allows autonomous vehicles by 2026

A new law is set to bring self-driving cars to UK roads in two years and puts responsibility in the hands of manufacturers if there is an accident
20 May 2024
New EV grant brings £5k electric car discount… but only if you’re an Uber driver
Electric car hooked up to chargepoint
News

New EV grant brings £5k electric car discount… but only if you’re an Uber driver

Uber drivers in London can now save up to £22,000 off the price of a new EV as part of the firm’s push for electrification
20 May 2024
Cheap EV charging comes to public chargepoints via new ‘Plunge Pricing’ app
Octopus Energy’s Electroverse
News

Cheap EV charging comes to public chargepoints via new ‘Plunge Pricing’ app

Octopus’ ‘Plunge Pricing’ events promise to save electric car drivers an average of £6.50 per charge
17 May 2024
UK faces “epidemic” of young uninsured drivers
Car crash
News

UK faces “epidemic” of young uninsured drivers

The number of young people convicted of driving without insurance has tripled since 2021, due to sky-rocketing premiums
17 May 2024

Most Popular

Skoda Scala vs Citroen C4 2024 twin test: which is the best-value family hatchback?
Skoda Scala and Citroen C4 - front tracking
Car group tests

Skoda Scala vs Citroen C4 2024 twin test: which is the best-value family hatchback?

The revised Skoda Scala takes on Citroen’s C4 in the battle to be the best-value family hatchback
18 May 2024
Cheap EV charging comes to public chargepoints via new ‘Plunge Pricing’ app
Octopus Energy’s Electroverse
News

Cheap EV charging comes to public chargepoints via new ‘Plunge Pricing’ app

Octopus’ ‘Plunge Pricing’ events promise to save electric car drivers an average of £6.50 per charge
17 May 2024
Car Deal of the Day: Vauxhall Astra Sports Tourer Electric at an unbeatable £201 a month
Vauxhall Astra Sports Tourer front cornering
News

Car Deal of the Day: Vauxhall Astra Sports Tourer Electric at an unbeatable £201 a month

Our Deal of the Day selection for 18 May will appeal to those who want an all-electric family car that’s not a SUV
18 May 2024