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Electric Vehicle Charging Costs.

Electric car rapid charging costs soar, says RAC - BBC News

"Right now, VAT on electricity from a public charger is levied at a rate four-times that which applies to domestic electricity, which makes it far more expensive to charge on-the-go than it should be," 

Z.

Parents
  • Reasonable in my view, it is not just the difference in VAT which is less than 15%, but also in the case of a public charger you are paying for the use of someone elses expensive equipment and for use of the land upon which it is situated. The wicked fat cat charge point operator might even make a profit ! Whatever next, oil companies making profits ! At the very least the operator of the charge point would probably seek to recover the standing charge via the charging fee.

    Charging at home is a one time only cost to install a charge point, and then the cheaper price per unit. The standing charge is generally ignored as it is payable anyway. Charging at home is probably cheaper and simpler, but public fast charge points will be needed for longer trips.

    Consider an example in which the net cost of the electricity is £10-00. Domestically, 5% VAT will take the total cost to £10-50. If the electricity is supplied for non domestic use then 20% VAT will take the total payable to £12-00. £1-50 extra on what would have cost £10-50 at home is a little less than 15%

  • Perhaps the VAT on public chargers should be more like 40 per cent to discourage heavy road use and wearing out the vehicle's tyres. That would encourage more cyclists and horse riders on the safer and quieter roads.

    In fact, while I was just making a cup of tea, I thought that it would be most satisfying just to stay at home and charge  the E.V. occasionally. Turn on the vehicle radio and lights, and perhaps even the heater. Then in the full knowledge that you are saving money, just charge it at home. This would also reduce maintenance costs for the vehicle.

    Z.

Reply
  • Perhaps the VAT on public chargers should be more like 40 per cent to discourage heavy road use and wearing out the vehicle's tyres. That would encourage more cyclists and horse riders on the safer and quieter roads.

    In fact, while I was just making a cup of tea, I thought that it would be most satisfying just to stay at home and charge  the E.V. occasionally. Turn on the vehicle radio and lights, and perhaps even the heater. Then in the full knowledge that you are saving money, just charge it at home. This would also reduce maintenance costs for the vehicle.

    Z.

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