Infrastructure + technology

EV charging costs remain stable as pump prices rise

Electric vehicle (EV) drivers have experienced a 2p drop in peak and off-peak charging at the fast speeds, according to The AA EV Recharge report for May.
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James Evison

Electric vehicle (EV) drivers have experienced a 2p drop in peak and off-peak charging at the fast speeds, according to The AA EV Recharge report for May.

As petrol and diesel pump prices showed volatility due to the Israel and Iran conflict, with prices rising by 2p a litre, EV drivers are benefiting from comparatively stable electricity prices.

May’s slow, fast and rapid charging prices held or saw reductions across the public charging network, and the Ofgem energy price cap is set to fall further on 2 July. This raises hopes of a widespread boost for summer holiday EV travel.

AA EV Recharge Report, May 2025. Flat rates;

Charge TypeSpeedMay Ave (p/kWh)Apr Ave (p/kWh)Difference (p/kWh)Cost to add 80% chargePence per mile (p/mile)
DomesticUp to 7kW27270£10.806.10
SlowUp to 8kW50500£20.0011.30
Fast8-49kW60600£24.0013.56
Rapid50-149kW74740£29.6016.72
Ultra-rapid+150kW78780£31.2017.63
      
PETROL132.30 ppl134.60 ppl– 2.30 ppl£42.3411.57

AA EV Recharge Report, May 2025. Peak and Off-Peak rates;

Charge TypeSpeedMay Ave (p/kWh)Apr Ave (p/kWh)Difference (p/kWh)Cost to add 80% chargePence per mile (p/mile)
Slow Off-PeakUp to 8kW43430£17.209.72
Slow PeakUp to 8kW58580£23.2013.11
Fast Off-Peak8-49kW54540£21.6012.20
Fast Peak8-49kW87852£34.8019.66
Rapid Off-Peak50-149kW54540£21.6012.20
Rapid Peak50-149kW87852£34.8019.66
Ultra-rapid Off-Peak+150kW4547-2£18.0010.17
Ultra-rapid Peak+150kW6365-2£25.2014.24
       
PETROL132.30 ppl134.60 ppl– 2.30 ppl£42.3411.57

But despite the prices, The AA is reiterating its call for the government to help stimulate sales of new electric vehicles by creating or supporting an incentive.

Although figures from the Society of Motor Manufacturers and Traders (SMMT) show that monthly EV sales are strong, these are heavily supported by cars bought by fleets or businesses.

Private individuals choosing electric cars are “not as progressive as they could be”, according to The AA. It has called for a ‘help to buy’ scheme, such as 0% loans or a reduction in VAT, which has recently been supported by the SMMT.

Jack Cousens, head of roads policy for The AA, said:

“With the potential for fuel prices to rise in the short term, EV drivers are protected from daily oil price fluctuations. The price of electricity should be cheaper, yet electric vehicle owners benefit greatly from a commodity that offers better stability and uniformity.

“The 2p cut in ultra-rapid charging is a good start ahead of the summer holidays, but more needs to be done to bring down the cost of charging on the public network. The planned reduction to the energy price cap will help drivers charging on their driveway, but the cost in wholesale energy needs to be felt when charging away from home.

“Similarly, there needs to be a targeted effort to help more drivers make the switch to EVs if the only stumbling block is the initial purchase price. At the moment, company car drivers and those with access to salary sacrifice schemes are propping up the new EV market. Ultimately, the more new EV sales that can be made leads to a strong used car market where most UK car sales are made.

“We are pleased that the SMMT has backed our calls for new car incentives, and we urge the government to act as soon as possible to help the EV transition.”

Image from Shutterstock

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