Charging an electric vehicle (EV) with an ultra-rapid charger at peak times has fallen to its lowest cost this year, according to new analysis from the AA.

Prices fell by a further 3p/kwh in September, mirroring the fall seen in August, meaning ultra-rapid charging is now at its cheapest point since the summer.

Elsewhere, drivers using charge points offering flat rates saw prices remain the same as August, but slow chargers, typically from lampposts in urban areas, saw peak and off-peak prices rise again.

Edmund King, AA president, said: “A further reduction in the cost of ultra-rapid charging is brilliant to see and shows that charge point operators can act quickly to pass on cost savings to drivers.

“Ultra-rapid charging can be cheaper by the mile than petrol and gives more food for thought to those who are considering making the swap from combustion cars to EVs.

“Recent data shows that business and company car drivers are the ones most likely to make the switch to electric because of the tax benefits.

“These drivers tend to drive longer distances and will use the ultra-rapid network when out on the road.

“Any fears they may have before taking the keys will quickly disappear as they enjoy a growing charging network alongside low-cost energy.

“Transparent and competitive pricing of charging at home and on the road is an essential part of encouraging private and business drivers to go electric.”

AA EV Recharge Report, September 2023 - flat rates

Charge Type	Speed	Sep Ave (p/kWh)	Aug 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	55	0	£22.00	12.36
Rapid	23-100kW	69	69	0	£27.60	15.51
Ultra-rapid	+101kW	71	71	0	£28.40	15.96
PETROL		151.74	151.19 ppl	0.55 ppl	£48.56	14.49

AA EV Recharge Report, September 2023 - peak and off-peak rates 

Charge Type	Speed	Sep Ave (p/kWh)	Aug Ave (p/kWh)	Difference (p/kWh)	Cost to charge to 80%	Pence per mile (p/mile)
Slow Off-Peak	Up to 7kW	40	38	2	£16.00	8.99
Slow Peak	Up to 7kW	54	50	4	£21.60	12.13
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	53	56	-3	£21.20	11.91
Ultra-rapid Peak	+101kW	61	64	-3	£24.40	13.71
PETROL		151.74	151.19 ppl	0.55 ppl	£48.56	14.49