Tel Aviv Increases Electric Vehicle Charging Fees in City Garages
Translated & summarized from Mako by baba
Tel Aviv has increased the cost of charging electric vehicles in its municipal parking garages by over 53%, with the price per kWh rising to 1.24 shekels. This change follows a recent 20% hike in parking fees at the same locations. The municipal company Achuzot Hof cited rising operational costs for the increase, while noting that prices remain competitive with other charging providers.
The story in 5 lines · by baba
- Tel Aviv electric vehicle charging fees increased by over 53% to 1.24 shekels per kWh.
- The price hike affects charging stations in municipal garages managed by Achuzot Hof.
- This follows a 20% increase in parking fees at the same garages three months prior.
- Achuzot Hof cited rising operational, electricity, and maintenance costs for the change.
- The company stated that the new rates are still lower than market averages.
Electric vehicle owners in Tel Aviv will now pay more to charge their cars at municipal parking garages. Achuzot Hof, the city's municipal company managing parking facilities, recently updated its charging rates. The price per kilowatt-hour (kWh) has risen to 1.24 shekels, a significant increase from the previous 81 agorot, marking a jump of over 53%. This follows a roughly 20% increase in parking fees at these same garages, which took effect less than three months ago.
Previously, charging at Achuzot Hof garages cost 81 agorot per kWh during most weekday hours, with a slightly higher rate of 85 agorot on weekday evenings. The new rate of 1.24 shekels means a 50 kWh charge now costs approximately 62 shekels, up from about 40.5 shekels.
The charging stations are installed and operated by a private company, Milgam EV-Edge, which won a tender from Achuzot Hof in 2020. Unlike gasoline prices or home electricity tariffs, public charging station prices are not regulated, allowing providers to set their own rates. For comparison, home charging costs around 60 agorot per kWh, while other public fast-charging stations can range from 1.75 to 2.85 shekels per kWh.
Achuzot Hof stated that the rate increase was due to rising operational, electricity, and maintenance costs, noting that the tariff had not changed since 2023. The company also emphasized that even after the adjustment, the charging and parking fees at its facilities remain lower than the market average.
