Electricity providers urged to pass on fall in wholesale prices to EV drivers

New figures from AA Ireland show EV drivers will pay on average €900 per year to charge their vehicles at home compared to €967 late last year, in light of recent rate cuts from energy companies.

Energy firms have been urged to use the fall in electricity costs to encourage more electric vehicle (EV) drivers, as new statistics show a 38% wholesale price decrease in the year to January.

Statistics from the Central Statistics Office this week revealed the sharp drop over the last year in wholesale prices, but Bonkers.ie had warned they were still at double the normal levels.