Tesla lowers Supercharger prices across the board breaking the gas-powered vehicle fueling cost parity

Tesla's rising Supercharger prices in California made EV charging costs equal to the fueling of your average gas-powered vehicle at one point on rampant energy inflation, especially during the summer hot waves, while the company shrank the off-peak hours charging window. Since a Model 3 averages electricity consumption of 0.25 kWh/mi, when Supercharger costs surpassed US$0.60 per kWh at peak times, its charging costs hit parity with topping up the gas tank of an average 40 MPG gas engine car at US$6 a gallon, making one of the big EV selling points somewhat moot.

Since electricity costs have subsequently started to come down, Tesla is now reacting by lowering its EV charging prices in various regions where just two months ago Tesla owners were paying as much per kWh as if they were driving a gas guzzler. According to various driver reports, their Supercharger costs have come down a double-digit percentage, also at peak hours, with Germany and the Netherlands leading the cut from 0.55 to 0.35 EUR per kWh, a nearly 40% drop. On the other hand, where peak Supercharger prices increased in California, the rise was only by a cent or two. 

Germany suffered the most by the geopolitical energy price inflation as it was most dependent on Russian gas and its electricity rates were tied to it, too, which explains what seemed like exorbitant Tesla Supercharger  network rates in Europe at the time. The energy market has now begun to adapt and stateside not only drivers in California, but Tesla owners in states as disparate as Florida and New York, have been reporting the lowering of Supercharger costs across the board, too.

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