Price of Oil and EV Demand (ADMIN WARNING: NO POLITICS)

[barryrs]

I don’t really monitor it, but I’m curious if DC charging costs and normal electricity rates have increased since the war.

I haven't noticed much of a change, but i don't use DC charging very often and the UK generates just over half its electric via renewables now.

This has had a positive result on domestic AC charging as most EV tariffs have dropped by around 35 to 40% since April. I now pay 5.5p per kw (7.5c) but some are as low as 3.5p (4.8c).

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[Dabz]

I don’t really monitor it, but I’m curious if DC charging costs and normal electricity rates have increased since the war.

For us in the UK, not really. Most people are on a fixed rate plan at home, and while I don't charge at public chargers very often I've been looking ready for 3 long trips this month and the prices don't seem any higher than usual.

 

[smoothound]

FWIW. My home (UK) electricity tariff is £0.0399 per kWh (night-time) and that's fixed until Feb '27.

That's around £4 for a 0-100% charge = 250Miles (ish).

For a petrol car at 30 MPG (for an equivalent 680hp 5 seat car) & £1.90 per litre (motorway prices) would make it around £75 to do 250miles - vs around £4 for my EV.

 

[Dresz981]

Definitely some interesting insight. We shall see how it plays out. We both hope that your person is wrong. It wouldn’t be the first time people who are very close to things assume the worst is happening, especially when it affects them directly.

Fun fact for the US- 60% of our oil imports come from Canada. Yes it’s a global market for oil and obviously this conflict is affecting things. But if the duration isn’t that long and no more major damage, things can level out almost as quickly as they went crazy.

I’m generally optimistic about these things. Stuff just rarely seems to get as bad as it seems like it could when things first go bad.

But I’ve been way wrong at least twice in the last 20 years (great recession and Covid both lasted way longer than I predicted).

"I’m generally optimistic about these things."

I think delusional better describes this thing.

 

[chun]

Previously the only cost related comments I'd ever had were "isn't it more expensive to run an EV" and "I heard it's 85p/kWh"

You can thank bad car reviewers like jayemm on cars, from your country, for this He keeps making missleading/uninfirmed/intentionally disingeious videos on EVs, every month, around the clock.
Example of clown video:


Says charging costs at a minimum 0.89; quotes missleading power numbers, presents consumption/efficency as something not tied to the actual power of the car or the speed you drive (as if the 911 doesn't burn through fuel at high speeds or high acceleration), doesn't understand how fast charging works, and much more.

Dude starts charging at 55%, without preconditioning, and is shocked the car can't reach the max charging speed. He has had multiple taycans over the years on his channel. How can this be anything beside intentional missinformation or complete ignorance on the matter? Why even make a video, when you can't do a basic google search.

And that's 1 single recent videos, he alone has put more than 30 videos out propgating false info like this in the last 4-5 years over and over again. 0 reserch done.

The reality is, that a lot of cars media, refuses to do any reserch on the topic before opening their mouth. And that's where people get their info.

 

[barryrs]

TBF I think he raises some fair points.

I don’t think I would have purchased my first EV if I didn’t have the ability to charge at home.

Fast charging in the uk regularly costs 89p per kw if you don’t have a manufacturer supported payment card. The subscription free Porsche one gets me around 20p discount depending on supplier.

I very rarely see charge speeds much over 100kw on a pre conditioned battery from 350kw chargers which is clearly a grid issue.

Range claims in the uk climate have been wildly optimistic from most if not all manufacturers.

 

[irrelevant]

I wouldn't own an EV if I didn't already own a home with at minimum off-street parking.

 

[PorscheTaycan]

Nothing beats plugging your cars before sleeping and waking up to charged cars ready to go.

 

[69Mach390]

"I’m generally optimistic about these things."

I think delusional better describes this thing.

If that’s what it takes to be generally happy and more care free…… I don’t mind a bit of delusion.

 

[AutoX]

I don’t really monitor it, but I’m curious if DC charging costs and normal electricity rates have increased since the war.

DC charging has not gone up at all. Especially for those of us that still have free charging.

 

[SergeyIndy]

DC charging has not gone up at all. Especially for those of us that still have free charging.

I am monitoring this as well, but do not see how the DC charging is not going to go up at least where I live in Indiana with 83% of electricity produced from burning fossell fuels.

 

[AutoX]

I am monitoring this as well, but do not see how the DC charging is not going to go up at least where I live in Indiana with 83% of electricity produced from burning fossell fuels.

I think it takes a lot longer to raise electricity rate than gasoline rates. Rates are sky high in California, but they only raise them once a year or longer

 

[2P168S]

I am monitoring this as well, but do not see how the DC charging is not going to go up at least where I live in Indiana with 83% of electricity produced from burning fossell fuels.

it really depends on the commercial model being used to procure that electricity. As many have noted, it’s quite likely the charging companies are on fixed tariffs with set reset schedules or where changes require approval by the public utility commission.

 

[Fish Fingers]

Nothing beats plugging your cars before sleeping and waking up to charged cars ready to go.

Im not so sure.......

A night of steaming hot sex with twin sisters might just beat it for me.
Literally


...... Although it would be The Cherry if your car was fully charged in the morning.

 

[Jasper4S]

Im not so sure.......

A night of steaming hot sex with twin sisters might just beat it for me.
Literally


...... Although it would be The Cherry if your car was fully charged in the morning.

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