UK-owned and operated char.gy, has announced the launch of its new ‘Night Saver’ tariff to help all electric vehicle (EV) motorists manage their rising energy bills.
Launching early December 2022, char.gy’s ‘Night Saver’ tariff will enable motorists without access to domestic electricity to charge their vehicle at the most cost-effective time of the day. With wholesale electricity prices cheaper at night, char.gy will offer its customers the opportunity to charge their vehicles at a lower rate of 29p/kWh from midnight until 7am, the next day.
To put EV motorists in control of their costs, char.gy customers will be charged solely for the energy they use, on the day they charge – eliminating the uncertainty of variable monthly bills.
Charging between 7am and midnight will cost 65p/kWh. According to RAC Charge Watch, this is in line with the average price of charging on the go on other networks.
On the new tariff, customers will still be able to charge during the day and make savings. Char.gy estimates that its customers will pay less than their previous 42p/kWh Pay As You Go rate if they use its ‘Night Saver’ tariff for 65% of their charging.
The table below shows how drivers can use a standard 5.3kW char.gy lamppost on-street charger to keep their driving costs under 10p per mile. Charging this way gives drivers a great value average price for all their kWhs. This is a significant saving on the 56.2p/kWh average price across all public charging networks.
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The launch of char.gy’s new ‘Night Saver’ tariff aims to bridge the gap between the cost of on-street and off-street charging. As it stands, drivers without residential parking pay four times as much VAT on their everyday car charging compared with those who can charge at home.
char.gy CEO, Richard Stobart, said: “During this crucial time, we recognise the frustrating disparity between charging rates for motorists with driveways and those without. The introduction of our new Night Saver tariff aims to provide a solution by giving all EV motorists access to the most competitive rates through our renewables-based charging service. This also supports the UK’s drive for greater energy security and more renewable energy, because more EV energy demand will occur when national energy demand is at its lowest.”
Images courtesy of char.gy