EVIF Tariff Review Protocol - Draft - June 2024.

Investment Rating - The report does not explicitly state an investment rating for the industry or specific companies involved in the electric vehicle charging sector. Core Insights - The tariff regime for electric vehicle charging will apply uniformly to all charge points of the same charging speed during the contract term, with specific provisions for tariff increases [1]. - Any increase in current tariffs must not exceed the average cost published by RAC Charge Watch or an agreed independent data source by more than 10% for similar charging speeds [2]. - The total cost of charging includes the service fee, peak cost of electricity, revenue share, profit share, concession fee, and VAT, all expressed in p/kWh [3]. Summary by Sections Tariff Review - The concessionaire must notify the authority at least 10 working days in advance of any planned tariff increases, providing supporting evidence for compliance with specified tests [1]. - The service fee is capped and must be reasonable, with the cap indexed to a specified percentage of a stated index [3]. Cost Breakdown - The peak cost of electricity is defined as the costs evidenced by the concessionaire on an open book basis, while the service fee encompasses all costs for providing services excluding electricity costs [3]. - A worked example illustrates the calculation of tariffs, showing current tariffs for fast and rapid charging and proposed amendments based on benchmark rates [4].