Image ESB to increase the price of charging an electric vehicle
Image Rob Flynn
Staff Writer

The ESB is to increase the price for charging electric vehicles at public charging stations.

In unwelcome news for owners of electric cars no doubt, the ESB has announced that it will be increasing its prices for charging electric vehicles (EV) at public charging stations countrywide.

ESB operates two charging structures at present - one for pay-as-you-go customers and one for members who pay a monthly fee and get access to cheaper charging rates. And both are to increase in price from 5th May.

The ESB has said that charging in Northern Ireland will continue to be free in the short term while it continues its network upgrade programme.

Cost to the consumer

The biggest increase is a 53% jump in fast charging for those with a membership. The price here will rise from €0.268c to €0.41c per kWh.

This is followed by a 52% increase in standard charging for members.

Pay-as-you-go customers will also see a significant rise of 48% for fast charging and a 46% increase for standard charging - to €0.45c and €0.39 per kWh respectively.

The cost of a monthly subscription will also increase from €4.60 per month to €4.99.

Customers should also be aware that the overstay fee will also increase from May 5th to €8. The current overstay charge is €4.60 - so an increase of 74%!

The company said the increase is being driven by the unprecedented and ongoing increase in energy costs over the past 12 months.

In a statement, the ESB said:

Unfortunately, the wholesale cost of electricity in Ireland, as well as in Europe, has significantly soared to an unprecedented level over the past year.

This substantial increase in our operational costs means we are unable to continue to provide our service to you without having to increase the charging rates on our network.

Here’s a closer look at the older rates compared to the newer ones.

PAYG

New Rates

% increase

Membership

New Rates

% increase

Standard Charging
Up to 22 kW, (€/kWh)

€0.268

€0.39

+46%

€0.23

€0.35

+52%

Fast Charging
23 - 50 kW, (€/kWh)

€0.305

€0.45

+48%

€0.268

€0.41

+53%

High Power Charging
51 - 150 kW, (€/kWh)

€0.37

€0.48

+30%

€0.33

€0.44

+33.3%

Monthly subscription

None

-

-

€4.60

€4.99

+0.08%

Why increase prices now?

Public charging of electric vehicles was free in Ireland for around 10 years up until October 2019 when ESB first introduced a fee for use of the public charging network. The latest news marks the first major price increase since then.

The ESB said the increase is being driven by the unprecedented and ongoing increase in the wholesale cost of electricity in Ireland, as well as in Europe, over the past year. 

These increases have led to a subsequent increase in the ESB’s operational costs, it has said, which means it's unable to provide the public service without increasing its prices.

In terms of what it’s likely to cost consumers, the ESB laid out the following scenario:

A return trip from Dublin to Galway (400km) charging 340km with a home charger and topping up the remaining 60km using an ESB fast charger on a PAYG plan, will cost €10.36.

The same journey using ESB fast chargers to power an EV’s full journey on a PAYG plan will cost €26.67, it said.

An equivalent diesel car will cost €37.34 for the same trip it added.

Energy prices rising again

The above price increases follow on from most of the energy suppliers in Ireland having introduced at least one price increase so far this year for residential energy customers.

Electric Ireland, Bord Gáis Energy, SSE Airtricity, and Flogas have all significantly increased their residential energy prices, to name a few.

If you’re wondering why energy prices are on the rise, take a look at our blog on the topic here.

Cut your energy bills with bonkers.ie

Despite on-street charging prices increasing, you can still cut down on your driving costs by switching to a cheaper supplier, especially considering most people charge their Electric Vehicles at home. 

Head over to our energy comparison page to see how much you could save today by switching gas and electricity providers. You should also check out our guide on how to save on your driving costs here.

If you’re unsure how to run a comparison, take a look at this guide. And if you want to know more about making the switch, read our guide on how to switch energy suppliers. Switching is quick and easy, and it’s possible to save hundreds on your annual energy bills.

Looking to save more? We also have comparison services for broadband, banking products and insurance types

Get in touch

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