AGL in bid to cut running costs of electric cars

Matt Chambers
JUNE 21, 2016
THE AUSTRALIAN
AGL CEO Andy Vesey’s move aims to counter the higher cost of buying electric cars.
AGL Energy chief Andy Vesey is planning to boost Australia’s use of electric vehicles by offering unlimited charging for $365 for a year.
Mr Vesey made the declaration this morning in a speech to the Australian Energy Week conference in Melbourne.
The plan, to be launched in November, will strongly cut running costs of the vehicles, in a move to counter the higher cost of buying the cars.
The plan has not yet been fully formed, so it is unclear whether AGL (AGL) customers who take up the offer will have discounted rates beyond the first year of cheap running costs.
The program will also be fully carbon offset, AGL says, countering what in Victoria, with its brown coal power stations, is actually an increase in emissions when drivers switch from petrol to electricity.