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Electricity prices are climbing rapidly - electric car drivers are threatened with sharp price increases

2022-07-04T09:29:06.239Z

Electricity prices are climbing rapidly - electric car drivers are threatened with a cost shock Created: 07/04/2022Updated: 07/04/2022 11:24 am By: Marcus Efler Electricity prices are climbing to record highs: the cost advantage for electric cars over combustion vehicles is melting away. Leipzig – A constantly growing group of motorists can look at the high fuel prices with some composure: the



Electricity prices are climbing rapidly - electric car drivers are threatened with a cost shock

Created: 07/04/2022Updated: 07/04/2022 11:24 am

By: Marcus Efler

Electricity prices are climbing to record highs: the cost advantage for electric cars over combustion vehicles is melting away.

Leipzig – A constantly growing group of motorists can look at the high fuel prices with some composure: the owners of electric cars.

Even if column operators like Tesla are turning the price screw and free charging is becoming rare, the energy costs for electric vehicles have so far been significantly lower than those for combustion engines.

Electricity prices are climbing rapidly - electric car drivers are threatened with a price shock

But that could soon be over.

In a relatively short space of time, electricity prices have skyrocketed like never before: on the important Leipzig energy exchange EEX, they climbed to 310 euros per megawatt hour at times.

That corresponds to a good 31 cents per kilowatt hour (kWh): an increase of 320 percent within one year.

Charging an electric car will probably be significantly more expensive in the near future.

(Iconic image) © teamwork/Imago

This is due to the high prices for fossil fuels due to the Ukraine war, which are now affecting the electricity price.

Many electricity suppliers recently increased their tariffs for private households, not even taking into account the current price hike.

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Electricity prices are climbing rapidly - significant additional costs for charging

Above all, the previously inexpensive charging at the home wall box is becoming more and more expensive.

The elimination of the EEG allowance should actually make it cheaper.

An increase of 10 cents per kWh increases the costs for an electric car such as the BMW i4 eDrive40 by 1.90 euros per 100 kilometers.

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The surge in electricity prices should also soon make itself felt at public charging stations – confirming the fears of many motorists.

Source: merkur

All tech articles on 2022-07-04

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