Electric Vehicle Charging Prices Are Expected To Soar In Germany
Feb 24, 2022In Munich, the Stadtwerke München municipal utility has announced it is going to raise the price of electricity by 81%, the blog reported, citing multiple German news outlets.
“At the AC charging stations, the electricity price will rise from 38 cents per kilowatt hour (kWh) to 49 cents per kWh, while at DC fast charging stations the amount will jump from the current 38 cents per kWh to a whopping 69 cents per kWh,” the Munich online daily Merkur reports.
“The current rates will remain in effect until the end of March, after which the charging cards of the municipal provider will lose their validity. The last increase by Münchner Stadtwerke took place three years earlier, in April 2019,” the article continues.
A customer commented, calling the price increase "no longer an adjustment", but instead just "brutal".
Latest Currency Exchange Rates: 1 Euro = 1.5153 Australian Dollar.
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