While petrol pump prices have jumped 4.25% since July, electric vehicle (EV) charging costs have remained relatively static, according to new analysis published by the AA.

EV drivers charging at the kerbside outside their homes have seen a 3p/kWh fall in average peak charging costs, although off-peak charging has gone up 5p.

However, in other peak/off-peak and flat rate charging bands, costs have not just remained static but fallen by 1p/kWh in some – particularly for the fastest recharging speed.

Meanwhile, the average price of petrol jumped 6.19 pence per litre (ppl) in August, from the end of July, and is continuing to rise into September.

The reason for the hike in fossil fuels follows an OPEC-inspired $15 increase in the cost of oil in the same period, from $75 to above $90 a barrel.

Last month, the pence per mile cost for a typical small petrol car was 13.85p. This month it has risen to 14.44p.

That is now more expensive than for peak and off-peak charging at ultra-rapid facilities, says the AA.

AA EV Recharge Report, August 2023 - Flat rates

Charge Type

Speed

Aug Ave (p/kWh)

Jul Ave (p/kWh)

Difference (p/kWh)

Cost to charge to 80%

Pence per mile (p/mile)

Domestic

Up to 7kW

30

30

0

£12.00

6.74

Slow

Up to 7kW

48

48

0

£19.20

10.79

Fast

8-22kW

55

56

-1

£22.00

12.36

Rapid

23-100kW

69

69

0

£27.60

15.51

Ultra-rapid

+101kW

71

72

-1

£28.40

15.96

 

 

 

 

 

 

 

PETROL

151.19 ppl

145.00 ppl

6.19 ppl

£48.38

14.44

AA EV Recharge Report, August 2023 - Peak and off-peak rates

Charge Type

Speed

Aug Ave (p/kWh)

Jul Ave (p/kWh)

Difference (p/kWh)

Cost to charge to 80%

Pence per mile (p/mile)

Slow Off-Peak

Up to 7kW

38

33

5

£15.20

8.54

Slow Peak

Up to 7kW

50

53

-3

£20.00

11.24

Fast Off-Peak

8-22kW

75

75

0

£30.00

16.85

Fast Peak

8-22kW

79

79

0

£31.60

17.75

Rapid Off-Peak

23-100kW

75

75

0

£30.00

16.85

Rapid Peak

23-100kW

79

79

0

£31.60

17.75

Ultra-rapid Off-Peak

+101kW

56

57

-1

£22.40

12.58

Ultra-rapid Peak

+101kW

64

65

-1

£25.60

14.38

 

 

 

 

 

 

 

PETROL

151.19 ppl

145.00 ppl

6.19 ppl

£48.38

14.44