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Electrify America Price Increase Email

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5K views 41 replies 17 participants last post by  zamafir  
#1 ·
#3 ·
Yeah, also got the "good news." Pretty significant hikes to my mind all beginning March 6, 2023:
  • Almost 12% increase per kWh to $0.48
  • Almost 19% increase in per minute charge below 90kW to $0.19
  • Almost 16% increase in per minute charge below 350kW to $0.37
  • Pass+ membership ($4/month) generate about 25% discounts off the new pricing:
    • $0.36/kWh
    • $0.15/kW below 90kW
    • $0.29/kW below 350kW
Obviously pushing the membership plan, and for at least me, maxing out on charging at home. It's those pesky road trips that hurt the most.

But it's great to know that, according to the email, I'm "...a valued customer..."
 
#7 ·
It'll improve as additional large scale renewable generation comes online, and there are projects completing seemingly every week, also additional competition from other networks (like that one that uses normal mains and a battery backup) will help. My guess is this is due in large part to upkeep and once they right the upkeep and availability they should hit a point where the demand is great enough they can reduce pricing.

Also the uniform pricing thing they mention, I'll be interested to see if they continue that in the coming years.
 
#8 ·
Right. As more people get EVs, there is more consistent demand for most dcfcs. And more production of the equipment will mean it costs less to purchase. Plus while the initial install of a site is expensive (all that wiring and concrete and so on), subsequent maintenance by repairing or replacing chargers is cheaper.

With competition also - and I assume some way for drivers to know the price of the dcfc on their route, hopefully all done electronically via a route planner and not huge signs - I would assume prices would eventually settle on the long term price of electricity plus equipment. Which theoretically could be 12 cents or something per kWh.
 
#9 ·
The other great thing is their focus on solar and battery on site for new and existing deployments like this one they were touting they'll be building here in San Diego:

Image


Like other things infrastructure wise, europe's way ahead of us on this with battery/charging stuff being featured on fullycharged etc often - and it's awesome to see EA rolling it out here!

Also awesome they're 150 kW chargers as the tesla stalls about 100' away are all the slow 72 kW or whatever.
 
#17 ·
EVGo is highway robbery. More broadly, they all need to find a way to get the prices competitive with and preferably better than typical equivalent cost for gas. A lot of this might rest on lobbying state legislatures to do something about electric utilities run amok in general (Eversource in Connecticut recently raised rates by 50%!) and specifically with regards to demand charges. They'll also need to start installing buffer batteries to try to reduce draw during high rate periods.
 
#18 ·
Apparently the chargers are 75-140k installed. Assuming they need to get back 15 percent of that cost each year they need $21,000 in annual revenue or $57 a day.

If just 2 cars use each charger on average and are ionq 5s doing the 10-80 chargup, the charger only dispensed 108 kWh per day. So they need to slap a 53 cent surcharge on each kWh.

With some negligible amount, about 8 cents, going to the power company.

This explains the high rates. Hopefully with more EVs using the chargers more and charging faster so they can charge more EVs per charger these numbers will get a lot better. 10 or 20 times as many EVs charging consistently at 350kW would help the math a ton, it might mean 20 sessions a day and each is half as long. So 20 10 minute sessions at 350kW for example. 1166 kWh a day, and that means just 5 cents has to go to paying for the charger itself. Plus 8 cents for the electricity, plus overhead and profit.

I think 20 cents a kWh is feasible in areas with cheap power.

In expensive areas it ends up being 10-15 cents over the rate for power.
 
#19 ·
I too wonder how long EA will maintain one fixed price per kWh across the entire country.

As EV numbers increase there will also be a need to shoulder more of the costs to maintain the roads. A road tax on each kWh dispensed from DC fast chargers would mirror the current gasoline tax structure.
 
#37 ·
I too wonder how long EA will maintain one fixed price per kWh across the entire country.

As EV numbers increase there will also be a need to shoulder more of the costs to maintain the roads. A road tax on each kWh dispensed from DC fast chargers would mirror the current gasoline tax structure.
Most states are already adding the tax to license renewals, no need to tax per kwh.
 
#26 ·
Image


A comparison with Tesla, taken from Tesla reduces Supercharger prices as charging business matures. 11/24/2022, so 2 months ago.

Two things to note: this location is just about the most expensive possible in the USA (high electric rates, high cost to rent the space) and note how the rate varies heavily by time of day. EA seems
to be charging the same rate Tesla does...all the time.
 
#31 ·
I didn't get an Ioniq 5 for free charging, I got my Ioniq 5 because it's the right thing to do, and Hyundai threw in a few years of free charging from EA - a company that VW was forced to create against their will as a settlement to their diesel emissions monkey business. I'm blessed to live in a part of LA with high DC fast charger density - so if I have to go to an EVGo - I'm less than 1.5 miles from an EVGo site with 6 350 kW chargers, that ALWAYS has at least 2-3 available, that's fine. EA has 11 150 kWs and 2 350 kW within 5 miles as well. In my building, the lower floor of the parking has 4 free Chargepoint level 2s, so that's my go-to.
 
#41 · (Edited)
Well, if gas is that cheap, yes, that could make a difference. But getting 20% cash back on all charging, including the monthly fee (which works of you drive a lot and use only public charging, if you don't, it isn't worth it). Also, keep in mind my cheapest home electric rate is $0.22 per kwh and cheapest gas here is $5 per gallon. So my numbers work out a lot differently. Best cash back I can get on gas is about 2%, so it makes a big difference there as well.

Also, is it fair to compare to your previous vehicles or to one comperably sized?
 
#42 ·
Great point, I saw a CX-5 the other day and thought I wonder how those numbers pencil out. At the end of the day I just don't care. I've had tons of cars and this is the best I've owned and it's just so easy to live with and I'm driving a lot less post COVID so I just embrace it. Topped off to 60% the other day, talked to some nice Bolt EUV, ID.4 and R1S owners, it's fun to be an EV owner! I'd pay considerably more, honestly, if it meant covered solar canopies and batteries and more chargers as they've identified in their expansion plan. When 1000 mile trips can be made trouble free we're quite a ways ahead of my last EV (eGolf) and super slow charging and super crappy range. I'd be fine if it was even more expensive than a gas car because it's faster than a 55k gas CUV/EV, and loads nicer. But with all the huge advances in renewables I'd guess it's going to be very cheap to run an EV by the end of the decade.