InstaVolt, the UK’s largest EV rapid charging network, is introducing off-peak pricing. Starting from Sunday 1st September, motorists will be able to charge their vehicles for 54p per kWh between 10pm and 6am across InstaVolt’s network of over 1,600 rapid chargers – a significant reduction from the regular price of 85p per kWh.
Initially, this lower off-peak rate will be available to InstaVolt App users, with plans in the pipeline to extend it to contactless users by year-end as the technology develops. Further enhancements are being made to support variable pricing solutions, including additional time-of-day and regional pricing.
With over a third of the UK’s EV drivers already registered on the InstaVolt App, a substantial number of motorists will be able to benefit from this offer from next month. By downloading the app, drivers can also enjoy additional benefits such as the Volts scheme, which offers rewards with every charge, real-time availability, and partner promotions.
Delvin Lane, CEO of InstaVolt, said: “We’ve brought off-peak pricing in across our networkahead of our planned schedule as we wanted to offer this excellent price before we go intothe colder months, giving InstaVolt users this saving now.
“We know the winter presents extra challenges, and we’re mindful that the cost-of-living.”
As the crisis continues to impact people, energy prices are set to rise following the recently announced October price cap. Charging during off-peak hours will significantly reduce costs for customers ahead of this increase.
InstaVolt, in light of recent government changes, is lobbying on behalf of drivers, advocating for a review of the decision to charge VAT at 20% on public charging.
As of the end of July, there are over 1,190,000 electric cars on UK roads, and InstaVolt is installing record numbers of chargers to meet demand. The Basingstoke-based business currently operates over 1,600 live chargers and has more than 400 under construction across the UK.
It also operates in Iceland, Ireland, Spain and Portugal. The company plans to install 11,000 ultra-rapid chargers in the UK and Ireland, and continue its European expansion, with 5,000 chargers across Spain and Portugal, and more than 300 in Iceland by 2030.
