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Daily Mirror
Daily Mirror
Business
Neil Lancefield & Laura Sharman

Electric car drivers hit by sudden 42% hike - as prices near the same cost as petrol

Electric car owners have suffered a 42% cost increase in just four months when it comes to using public rapid charge points.

It means those who decided to switch from fuel to electric amid the Ukraine crisis and soaring fuel prices are likely forking out more than they had anticipated.

Since May, the average driver is paying 18.75p more per kilowatt hour (kWh) when using such chargers on a pay as you go basis – reaching 63.29p per kWh – according to the RAC.

The rise, caused by the soaring wholesale costs of gas and electricity, has made it nearly £10 more expensive to rapid charge a typical family-sized electric car to 80%.

It is not that far behind what fuel car drivers pay, at roughly 19p per mile for petrol and 21p per mile for diesel.

RAC spokesperson Simon Williams said: "It remains the case that charging away from home costs less than refuelling a petrol or diesel car, but these figures show that the gap is narrowing as a result of the enormous increases in the cost of electricity.

"These figures very clearly show that it's drivers who use public rapid and ultra-rapid chargers the most who are being hit the hardest."

Most electric car owners predominantly charge at home, which is cheaper.

But an AA survey of 12,500 drivers indicated that rising domestic energy prices are putting many people off from switching to an electric car.

Some 63% of respondents said the increase in home electric bills is contributing to them sticking with petrol or diesel models.

While one in ten stated it was the "main reason".

AA head of roads policy Jack Cousens said: "With domestic energy prices rising, drivers can be forgiven for believing switching to an EV will become expensive quickly.

"However, the reality is that even with the hike in domestic electricity costs, running an EV is considerably cheaper than a petrol or diesel car."

With sales of new petrol and diesel cars and vans in the UK due to be banned from 2030, Mr Cousens said the Government will need to "keep a watchful eye on how energy prices will impact the transition to electrification".

Latest figures from the Society of Motor Manufacturers and Traders show the rapid increase in sales of new pure electric cars has slowed in recent months.

The number of registrations during the first three months of the year was 102% more than during the same period in 2021.

At the end of August, the year-to-date increase had fallen to 49%.

Earlier this year, experts predicted that charging an electric car could be 28% more expensive than filling up with petrol due to the difference in energy costs.

What Car? drove two electric cars and their petrol equivalents from London to Leeds to see if petrol was still cheaper than electricity.

The 208-mile journey was up to 28% more expensive using an electric car, when topping up at motorway services.

The difference would be even bigger now, because at the time of the test petrol prices were close to an all-time high.

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