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Petrol & Diesel Prices Fall in July as EV Charging Tariffs Are Updated

AA Ireland’s latest fuel price analysis shows welcome relief for motorists, with both petrol and diesel prices falling during July, helping to reduce running costs after several months of higher prices. The average price of diesel dropped to €1.73 per litre in July, down 15 cent from June’s average of €1.88 per litre. Petrol also became cheaper, falling to an average of €1.75 per litre, a reduction of 9 cent from June’s average of €1.84 per litre. Electric vehicle drivers also experienced changes to charging costs during the month. Electric Ireland introduced revised residential electricity tariffs from 1 July, including updates to its Night Boost plan, while ESB ecars simplified its public charging network pricing into two charging speed categories: up to 50kW (AC) and above 50kW (DC Fast and High Power). Under the revised ESB ecars pricing structure, pay-as-you-go customers using DC Fast and High Power chargers now pay €0.72 per kWh. For a typical Volkswagen ID.4 charging from 10% to 80% on a 77kWh battery, this represents an increase of approximately €3.24 to €4.31 per charging session compared with the previous pricing structure.

Key changes from June to July

• Diesel averaged €1.73 per litre, down 15 cent from €1.88.
• Petrol averaged €1.75 per litre, down 9 cent from €1.84.
• Electric Ireland introduced revised residential electricity tariffs, including changes to its Night Boost plan.
• ESB ecars introduced a simplified two-tier charging structure, with DC Fast and High Power charging now priced at €0.72 per kWh for pay-as-you-go customers.

An AA Ireland spokesperson said:

“Motorists will welcome the reduction in both petrol and diesel prices this month, particularly after several months of elevated fuel costs. While the downward trend is encouraging, fuel prices remain closely linked to international market conditions and can change quickly. Electric vehicle drivers also saw changes to both home electricity tariffs and public charging prices during July. With electricity costs continuing to evolve, now is a good time to review your supplier’s tariff to ensure you are benefiting from a reduced overnight rate or dedicated EV charging plan, helping to keep charging costs as low as possible.”

AA Ireland notes that fuel prices remain heavily influenced by global oil markets, geopolitical events and currency fluctuations. While prices eased during July, continued volatility in international energy markets means further changes remain possible in the weeks ahead.

Vehicle maintenance can also reduce running costs

AA Ireland is also reminding motorists that routine vehicle maintenance plays an important role in improving fuel efficiency and reducing day-to-day motoring costs.

“Simple steps such as maintaining the correct tyre pressures, servicing your vehicle at the recommended intervals and replacing worn air filters can all improve efficiency,” the spokesperson added. “Regular maintenance not only enhances vehicle safety and reliability, but can also deliver noticeable savings at the pump over time.”

For more information, visit www.theaa.ie.