Tel Aviv Increases Electric Vehicle Charging Fees in City Garages
Translated & summarized from N12 by baba
Tel Aviv has increased electric vehicle charging fees in its municipal parking garages, with the price per kWh rising by over 53% to 1.24 shekels. This follows a recent increase in parking fees and is attributed by the municipal company Achuzot Hof to rising operational costs. Despite the hike, the company claims its rates remain competitive and lower than market averages.
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 follows a recent 20% increase in parking fees at municipal garages.
- Achuzot Hof cited rising operational, electricity, and maintenance costs for the change.
- The new charging rates are still claimed to be lower than market averages.
- Public EV charging prices are not regulated in Israel.
Electric vehicle owners in Tel Aviv will now pay more to charge their cars at municipal parking garages. Achuzot Hof, the municipal company managing the city's 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 price hike follows a roughly 20% increase in parking fees that took effect in early August.
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, which previously cost around 40.5 shekels, will now cost approximately 62 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 or home electricity tariffs, public charging station prices are not regulated, allowing providers to set their own rates. For comparison, home charging costs about 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 tariff update was due to rising operational, electricity, and maintenance costs, noting that the rate had not changed since 2023. The company also asserted that even after the increase, their charging and parking prices remain lower than the market average.
