BP Pulse has recently initiated the implementation of time-based pricing at several of its public electric vehicle (EV) charging stations across Australia. This strategic move, unveiled through an email communication to its customer base, comes in response to the observed fluctuations in the electricity market pricing.
In the initial phase, BP Pulse has selectively applied this new pricing model at specific locations within New South Wales. Meanwhile, the charging stations situated in Victoria and Queensland continue to operate under the existing fixed-price charging model.
For illustrative purposes, let’s consider the BP Pulse charging station located in Heatherbrae, New South Wales. This particular station has adopted a dual pricing strategy, offering different rates depending on the time and day of charging. During weekdays, from 7 AM to 10 PM, the charging cost is pegged at $0.60 per kWh.
In contrast, a reduced rate of $0.50 per kWh is applicable during weekends and on weekdays from 10 PM to 7 AM. To put this into perspective, the cost implications for charging a Tesla Model Y RWD, equipped with a 60kWh battery pack, at the Heatherbrae station would range between $30 and $36. This cost variation is inherently dependent on the specific day and time selected for charging.
This innovative pricing approach mirrors similar initiatives in the industry. Notably, Tesla has previously introduced a comparable pricing structure at selected Supercharging stations. Additionally, Chargefox has experimented with variable pricing at specific locations in South Australia, particularly at stations operated by RAA and Engie.
As BP Pulse approaches the one-year mark since the inauguration of its first EV charging site in Australia, it’s worth highlighting the technical specifications of their charging infrastructure.
Currently, the company utilises chargers supplied by Tritium, equipped with both CHAdeMO and CCS plugs. These chargers boast a charging rate of up to 75kW each. Furthermore, BP Pulse assures that these stations possess the capability for future upgrades to support 150kW charging.
Home charging and fast charging units serve different purposes for EV owners. Home charging stations, typically Level 1 or Level 2, offer convenience as they allow for overnight charging. Level 1 chargers can be plugged into a standard electrical outlet, providing about 2-5 miles of range per hour of charging. Level 2 chargers, requiring a 240-volt outlet, can provide 10-60 miles of range per hour.
Fast charging units, like those offered by BP Pulse, are Level 3 chargers designed for quick, on-the-go charging, providing 60 to 100 miles of range in just 20 minutes of charging. These are ideal for long trips or for individuals who need a quick charge to continue their journey.
For daily commuting and routine driving, home charging stations are often sufficient, providing a cost-effective and convenient solution for EV owners. They are ideal for overnight charging, ensuring your vehicle is ready for use each morning.
Fast charging stations are crucial for long-distance travel. They are commonly located along highways and in city centers, allowing drivers to quickly recharge and continue their journey. While fast charging is more expensive than home charging, the convenience and speed it offers are unmatched, making it an essential service for many EV drivers.