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Drivers of electric cars to be hit by soaring costs after October energy price cap rise

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dailyrecord.co.uk

The cost of charging an electric vehicle at home and at public charge points is set to increase following the Ofgem price cap rise, which will come into place on October 1.

Right now it costs £18.37 on average to charge a typical family-sized electric SUV, but after the cap rise it may cost as much as £33.80 to fully charge the same car, according to the RAC.

While fuel prices have begun to drop, motorists who have switched to an EV and opted for a home charger could be in for a nasty price hike.

There may be an increased cost at public charge points due to rising wholesale costs following the raised price cap. This comes after months of sky-high petrol and diesel prices, with early July seeing the average price of petrol and diesel both nearing £2 per litre in the UK.

Read more on dailyrecord.co.uk
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