InstaVolt announces updated charging tariff

We are writing to inform you of an update to our tariff. From 15 August 2022, charging on the InstaVolt network will cost 66p per kWh for all customers across all payment types.

As has been well documented, the global cost of energy is at a record high. As a responsible business committed to the continued investment in the UK’s public charging infrastructure, we’ve taken the difficult decision to pass on some of these costs to consumers.

Currently a home energy tariff attracts 5% VAT, where public charging continues to attract a 20% rate, discriminating against those without access to home charging. Should there be any movement in the agenda of reducing VAT on home energy bills, we would urge the government to include public charging within this. We reiterate our commitment that if the public charging rate is reduced, the benefit will be passed back to consumers immediately. For example, if the public charging VAT rate was reduced to 5%, our price would be 58p per kWh.

We understand this remains a difficult time for consumers and businesses nationwide. We want to thank our customers for their ongoing support and custom.