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.