char.gy announces Night Saver tariff to unlock affordable rates for EV drivers
On-street charging provider char.gy has announced the launch of a new ‘Night Saver’ tariff to help all EV drivers manage rising energy bills.
Launching in 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, Zap-Pay partner char.gy will offer its customers the opportunity to charge their vehicle at a lower rate of 29p/kWh from midnight until 7am the next day. Charging between 7am and midnight will cost 65p/kWh.
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.
“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,” said char.gy CEO Richard Stobart.
“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.”
On the new tariff, customers will still be able to charge an EV 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.
char.gy’s Night Saver tariff will launch in early December.
The launch of char.gy’s new ‘Night Saver’ tariff aims to bridge the gap between the cost of on-street and off-street EV 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.