Electrify America has announced its plans to raise charging prices for electric vehicles (EVs) in the US. Currently, the price per kilowatt-hour (kWh) at Electrify America stations that charge per kWh is $0.43. This rate will increase by 11.6% to $0.48 per kWh starting from March this year.
For drivers who frequently use EV public charging stations, this increase will make a difference. Charging an electric car from 5% to 100% battery on an Electrify America station currently costs approximately $32. With the price increase, this charge will cost almost $36. While the price increase may not seem significant for a single charge, it will add up over time.
For EA Pass+ members, despite the price increase also surging by five cents, it is technically more severe as it’s a 16% jump overall, from $0.31 to $0.36 per kWh.
Not all states charge based on kWh, some bill electric car charging by the number of minutes you are plugged in. Electrify America is raising rates here, too. For vehicles charging at speeds between 1 and 90 kW, the price will increase from $0.16 to $0.19 per minute. For charging in the 90-350 kW range, the price will go from $0.32 to $0.37 per minute, 19% and 16% increases respectively.
EA Pass+ members will also see a rise in the price per minute from $0.12 to $0.15 per minute for 1-90 kW charging, and $0.24 to $0.29 per minute for speeds faster than 90kW.
Electrify America attributes the price increase to rising operational and energy costs. In a note to customers, the company said, “We’ve tried hard to maintain our current pricing, but rising operational and energy costs have now made adjusting our pricing necessary. We shall continue to maintain simple, uniform pricing across the country, and this adjustment ensures we can uphold our commitment to drive EV adoption and the future of electric mobility.”
The new pricing will be implemented on March 6 of this year. For those who mainly charge at home, this change in pricing may not make a significant impact on their costs, as their charges mainly fluctuate with the cost of electricity in their residential area.
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