There has been a 15.6% reduction in off-peak ultra-rapid electric vehicle (EV) charging since the start of the year, according to the March 2023 AA EV Recharge Report.
Prices have fallen from 71p/kWh in January to 64p/kWh in March.
Furthermore, flat rate prices for slow chargers, which are traditionally found in residential areas where there is no dedicated off-street parking, dropped by 2p/kWh with the price sat at just a penny above the Energy Price Guarantee for domestic electricity costs (35p/kWh versus 34p/kWh).
Flat rate rapid charging costs, however, increased by 1p/kWh between February and March to 67 p/kWh.
Elsewhere, all other flat rate costs, peak and off-peak prices remained static.
Jack Cousens, head of roads policy at the AA, said: “The second consecutive month of falling prices on the fastest types of charging is great news and is further boosted by flat rate slow charging almost meeting parity with domestic electricity costs.”
AA EV Recharge Report, March 2023 - Flat Rates
| Charge Type | Speed | March (p/kWh) | February (p/kWh) | Difference (p/kWh) | Cost to charge to 80% | Pence per mile (p/mile) |
| Domestic | Up to 7kW | 34 | 34 | 0 | £13.60 | 7.64 |
| Slow | Up to 7kW | 35 | 37 | -2 | £14.00 | 7.87 |
| Fast | 8-22kW | 53 | 53 | 0 | £21.20 | 11.91 |
| Rapid | 23-100kW | 67 | 66 | 1 | £26.80 | 15.06 |
| Ultra-rapid | +101kW | 70 | 71 | -1 | £28.00 | 15.73 |
AA EV Recharge Report, March 2023 - Peak and Off-Peak rates
| Charge Type | Speed | March (p/kWh) | February (p/kWh) | Difference (p/kWh) | Cost to charge to 80% | Pence per mile (p/mile) |
| Slow off-peak | Up to 7kW | 37 | 37 | 0 | £14.80 | 8.31 |
| Slow peak | Up to 7kW | 72 | 72 | 0 | £28.80 | 16.18 |
| Fast off-peak | 8-22kW | 57 | 57 | 0 | £22.80 | 12.18 |
| Fast peak | 8-22kW | 75 | 75 | 0 | £30.00 | 16.85 |
| Rapid off-peak | 23-100kW | 57 | 57 | 0 | £22.80 | 12.81 |
| Rapid peak | 23-100kW | 75 | 75 | 0 | £30.00 | 16.85 |
| Ultra-rapid off-peak | +101kW | 51 | 52 | -1 | £20.40 | 11.46 |
| Ultra-rapid peak | +101kW | 64 | 67 | -3 | £25.60 | 14.38 |
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.
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Gareth has more than 20 years’ experience as a journalist having started his career in local newspapers in the 1990s. Prior to joining Fleet News in 2008, he worked in the public sector as a media advisor and is currently news editor at Fleet News.
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