2024-09-07 15:25
Automotive
Alex Lowe

Instavolt introduces off-peak pricing

Instavolt is one of the largest rapid charging networks in the UK, but also one of the most expensive too. Instavolt charge 85p/kWh for DC fast charging, whereas many networks are somewhat cheaper and some, like Tesla are much cheaper.

Instavolt is now going to be adjusting its pricing structure and discounting the pricing for off-peak hours, which is between 10pm and 6am. The new price will be 54p/kWh and outside of these hours it'll still be 85p/kWh.

Instavolt will also work to lobby government to reduce the VAT on public charging down from 20%. If this ever happened, the company says it will pass that saving on to customers immediately.

“We’ve brought off-peak pricing in across our network ahead of our planned schedule as we wanted to offer this excellent price before we go into the colder months, giving InstaVolt users this saving now."

Delvin Lane - Instavolt CEO

The off-peak pricing will only be available to Instavolt app users currently, but will be made available to contactless users by the end of the year. It is unclear at this stage if this will work with the Octopus Electroverse network.

Alex Lowe

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

Other Posts

Genesis pulls the plug on combustion in the UK to focus on EV
Luxury subsidiary of the Hyundai Group, Genesis is going to go all in on electric vehicles in the UK
Monzo introduces new pension consolidation service
UK Digital Bank, Monzo launches new self-invested personal pension (SIPP) product, allowing people to consolidate their pensions
Sainsbury's Smart Charge partners with Octopus Electroverse
Sainsbury's Smart Charge now works with the Octopus Electroverse network for easier charging