EVolution is a news, intelligence and analysis service dedicated to the emerging business of supporting electric and hydrogen-fuelled vehicles.

FairCharge and RAC call for electricity wholesale price to be decoupled from gas to cut EV charging costs

Mark Moran
09 February 2023
Dr Euan McTurk
Dr Euan McTurk

 

EV campaign group FairCharge and the RAC are calling on the UK government to decouple the wholesale price of electricity from gas, something which they argue would immediately reduce the cost of charging electric vehicles.

The current high wholesale electricity price continues to be set by soaring global wholesale price of gas. FairCharge and the RAC say this has not only financially harmed every household and business in the UK by pushing up domestic and commercial electricity bills to record...

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