EVgo cuts prices for fast charging


Charging network operator EVgo has announced reduced and simplified pricing that goes into effect immediately. The new pricing policy offers two options: the Pay As You Go plan offers a per-minute rate with no additional session fees; the Membership plan has a $9.99/month fee and offers EVgo’s lowest per-minute rate.

Pricing will vary by region. With the new Membership plan, the $9.99 monthly fee acts as a pre-paid credit that is applied towards charging activity for the month. Members pay between $0.18 and $0.21 per minute depending on charger location. Through June 2018, EVgo will offer a special promotional rate in California of $0.15/minute for members.

Members can now charge for up to 60 minutes during off-peak hours and 45 minutes during the daytime – a feature that drivers of longer-range EVs like the Chevrolet Bolt have been requesting.

With the Pay As You Go plan, customers pay only a per-minute rate of between $0.25 and $0.35 per minute, depending on the state. Through June 2018, California chargers will offer a special promotional rate of $0.20/minute. Charging time has been extended to 45 minutes at all times for Pay As You Go customers.

EVgo has also simplified the sign-up process, so new customers can start charging within minutes. Customers can initiate a charge directly from the EVgo app with no RFID card required.

EVgo had a record year in 2017, increasing the amount of energy delivered by 83%. Its network powered 40 million miles worth of electric driving, almost double the figure from 2016.

“The growth rate in the EV sector has been truly explosive over the last year, and EVgo is pleased to help accelerate EV adoption with a lower-cost charging plan for our customers,” said CEO Cathy Zoi. “Demand for more public DC fast charging solutions is only continuing to grow as battery capacities increase.”


Source: EVgo