AAA expands fuel price tracking to include electric vehicle charging rates

Banking & Financial Services
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Marshall L. Doney President and CEO | AAA, FL

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AAA has announced the inclusion of electric vehicle (EV) charging data on its newly rebranded "Fuel Prices" website, expanding beyond its traditional gasoline price information. With nearly two million members residing in households with EVs, AAA acknowledges the importance of tracking the average kilowatt-per-hour cost for public charging across different states. Currently, the national average cost for a kilowatt of electricity at public charging stations stands at 34 cents. Meanwhile, the national average price for a gallon of gas has decreased by two cents from last week to $3.06, matching the low recorded in January 2024. There are now 28 states with gas prices averaging below $3.

Andrew Gross, AAA spokesperson, commented on the stability of EV charging rates compared to fluctuating gas prices: “One difference drivers may notice is that while gas prices bob and weave daily and require a chart to track, electric charging rates barely budge. Over the past six months, AAA has quietly monitored EV charging rates, and they have moved less than a penny.” He added, “And one important thing to remember, folks, whether you use gasoline or electricity, it’s still a car.”

The new EV charging rate map will provide national and state-level data but will not offer county or metro averages like the gas price map does. It will also display the number of public chargers available in each state. The map reflects daily average costs per kilowatt hour for all commercial/public charging levels: Level 1, Level 2, and Level 3/DC Fast Charging. Historical pricing data for EVs is currently unavailable.

For further details on EIA data and trends related to gas and EV charging prices as well as oil market dynamics, readers can visit AAA's website.

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