The Nordic region’s largest charging operator, Recharge, announced today the introduction of a new pricing model, offering reduced rates between midnight and 6:00 AM daily. This initiative aims to provide lower costs for nighttime drivers while helping to reduce strain on the power grid by balancing energy consumption throughout the day.
By offering more attractive charging rates during the quieter hours of the night, Recharge aims to encourage EV drivers to charge their vehicles when electricity demand is at its lowest. This approach not only alleviates pressure on the power grid but also offers cost savings for drivers who travel at night or have the flexibility to charge their vehicles overnight.
We recognize the growing need to optimize our energy usage and contribute to a sustainable future by reducing the load on the power grid during peak hours. With our new nighttime pricing model, we aim to provide our customers with the opportunity to charge their vehicles at a lower cost while supporting a more stable and efficient energy distribution.
Håkon Vist, CEO at Recharge.
This pricing adjustment is part of Recharge’s broader strategy to develop a smarter and more sustainable charging infrastructure. By encouraging charging throughout the day, we can not only reduce the risk of overloading the power grid but also promote more sustainable energy usage within society.
The new night rates will be available when charging with Recharge’s app, at all Recharge charging stations in Norway, Sweden and Finland, and customers can easily take advantage of these benefits by scheduling their charging times between midnight and early morning.
About Recharge
Recharge are pioneers in the EV charging industry. The company provides one of the world’s biggest and most utilized networks of fast charging stations, built since 2011. Recharge operates more than 4500 charge points at 800 locations across the Nordic countries, with a majority in Norway, the world’s leading nation for electric vehicles. Each month, 300 000 charging sessions are made at Recharge stations. The company is owned by the British infrastructure investor Infracapital.