Fastned increases charging rates by 17 percent

Fastned increases charging rates by 17 percent

Charging your electric car at a Fastned fast charging station will become a lot more expensive from Thursday. Fastned is forced to raise its charging rates for the first time in five years due to higher electricity prices.

Fastned already indicated in October that it was considering a more dynamic pricing strategy in order to better follow the fluctuations in the European electricity trading market. Electricity prices have risen sharply in recent years. This moves Fastned to increase its charging rates in a number of countries.

From Thursday, Fastned will increase its charging rates for the first time in five years. The standard rate will be increased by roughly 17 percent in the Netherlands, Belgium and Germany. The standard rate will be €0.69 per kWh from Thursday 11 November 12:00 in the Netherlands, now it is €0.59 per kWh. Anyone with a Gold membership, and therefore pays €11.99 a month, can benefit from the old ‘Gold rate’ of €0.35 per kWh until December 1. As of December 1, this rate will be increased to €0.45 per kWh. In France, where Fastned will soon open its first charging stations, the old price of €0.59 per kWh will be maintained for the time being.

The rising energy prices are related, among other things, to lower gas production in the Netherlands and lower gas imports from Russia. Although Fastned says it gets its electricity from renewable sources, the wholesale price of electricity is strongly linked to gas prices, the company said. In addition, Fastned sees an increase in the demand for energy.

– Thanks for information from Autoweek.nl

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