EVgo announced lower priced DC fast charging prices across the US this last week. Per the Evgo website “The new simplified pricing includes two options: a new Pay As You Go rate with a low per-minute rate and no additional session fees, as well as a $9.99/month Membership option, providing EVgo’s lowest per-minute rate. Moreover, charging session time limits have been extended to allow new longer-range EVs to go the extra distance with just one fast charge session.”
EVgo’s new pricing will vary by region and range from $0.15 to $0.21 per minute. They are also offering a membership plan that unlocks even lower pricing per minute, but the membership fee of $9.99/month gets applied as a credit and counts towards your per minute charging fees for the month. This fee in the past was a flat rate with a per minute fee on top of the membership fee, so this is a huge difference.
EVgo network members using chargers within California will be given a special promotional rate of $0.15 per minute. Members also will benefit throughout the US by enjoying 60-minute charge sessions during off-peak hours (charges initiating between 8:00pm-5:59am) and 45-minutes during peak hours.
Per EVgo “EVgo has also simplified the sign-up process so new customers can start charging within minutes. Registration for Pay As You Go or Membership is simple at EVgo.com or by using the EVgo app, available on iOS and Android. Customers can initiate a charge directly from the app with no RFID cards necessary.”
This announcement by EVgo is encouraging news for the DC fast charging network, more aggressive pricing has been needed. The DC fast charging network for CHAdeMO and CCS is lacking far behind Tesla’s Supercharging network, and many EV drivers complain that there are still many areas in the US still unattainable even driving longer range EVs like the Chevy Bolt.
We need to see a build-up of the network and the number of chargers at each location. Most locations have between two to four chargers and you can easily find yourself waiting for an available charger, especially in the San Francisco Bay Area in California.