From the 30th November 2022 ubitricity will be rolling out a new pricing structure:
- We will be reducing our standard pricing rate from 49p to 45p per kWh which will be available to all customers for 21 hours of the day
- We will be introducing peak pricing between the hours of 4-7pm. The peak pricing will be 79p per kWh
1. We are lowering our standard price for the majority of the day
We are lowering our standard rates for 21 hours of the day. Outside of 4-7pm all charging will now cost 45p per kWh.
2. Introducing peak hours pricing
We are introducing a peak pricing rate between 4-7PM. The peak pricing will be 79p per kWh.
Electricity isn’t one price throughout the day. Between 4-7pm the price we pay to supply our charge points with electricity more than doubles due to peak demand on the national grid.
Rather than distribute this increased cost throughout our standard pricing. we’ve decided to limit this price increase to a peak window. This helps ensure
we can offer the best value reduced rate to our customers for the majority of the day.
Our own customer data has shown that over 77% of charging typically happens outside of this window, so by having a short three-hour peak window we hope to give our customers the option to avoid these higher charges and access a lower standard rate for the remaining 21 hours of the day.
3. Skip the peak – helping customers to reduce charging costs
Alongside lowering our standard rate from 49p to 45p per kWh, we will also be rolling out our new Smart charging technology to allow customers to
skip the peak pricing. Direct access customers who plug in from 12:00PM (midday) will be given the option automatically schedule their charge to start after the peak window has finished (from 7pm).
Source:
ubitricity charge points: fair prices for easy charging