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Electric Vehicle Chargers
Electric Vehicle Chargers

Understandin' the Cost of Electric Vehicle Chargin'

16 Mar 2023 8 mins to read
Electric cars are quickly becomin' the go-to-choice for commuters, with the cost of chargin' comin' in at a fraction of what you'd pay to fill a gas-powered vehicle. But how much does electric vehicle chargin' actually cost? The cost of electric vehicle chargin' can vary greatly dependin' on where and when you're chargin'.
Understandin' the Cost of Electric Vehicle Chargin'
Summary:

Generally, it's more economical to charge at home than it is to charge at public chargin' stations. Let's take a closer look at electric vehicle chargin' cost and how you can save money when you need to charge.

Cost of Chargin' at Home

Chargin' an EV at home is usually the most cost-effective option. Depending on where you live, you may be able to install your own chargin' station. But if you're rentin' an apartment or don't have access to an outdoor outlet, you may need to install a special outlet to charge your EV. The cost of these installations can range from $300 to $750, with labor costs addin' to the total price.

Once the station is installed, your biggest expense will be electricity. Chargin' an EV typically costs around $0.15 per kilowatt-hour. A full charge can take between four and ten hours, depending on the size of your battery and the power of the charger.

  • Installin' a chargin' station can cost $300-$750
  • Electricity costs around $0.15 per kilowatt-hour
  • Full charge can take 4-10 hours

Cost of Chargin' at Public Stations

Although chargin' at home is usually more cost-effective, a great way to save time is to charge at public chargin' stations. Most public stations are powered by higher voltages, so chargin' may be faster than at home. However, the cost of chargin' at public stations can vary greatly - from $0.25 to $0.45 per kilowatt-hour.

Additionally, many public chargin' stations charge a connection fee. This fee can range from $0.10 to $1.00 for each session. Some stations also charge a subscription fee that can run anywhere from $10 to $30 per month.

  • Public chargin' stations cost $0.25-$0.45 per kilowatt-hour
  • Some stations charge a connection fee of $0.10-$1.00 per session
  • Monthly subscription fees range from $10-$30

Savings Tips

It's worth mentionin' that electric vehicle chargin' costs are constantly changin' due to advancements in technology and the availability of different services. Therefore, it's important to stay up to date on the latest news and cost changes.

To save money, consider signin' up for an EV charging package. These packages are often offered by electric companies and can include discounts on chargin' cost and access to a larger network of chargin' stations. Additionally, you can save by signin' up for a public station membership. Most public station memberships offer discounts on chargin' cost and access to exclusive perks.

  • Stay up-to-date on the latest news and cost changes
  • Sign up for an EV charging package to save money
  • Public station memberships often offer discounts and exclusive perks

Key Takeaways

Electric vehicle chargin' costs can vary greatly dependin' on where and when you're chargin', but home chargin' is usually the most cost-effective option. The cost of electricity is around $0.15 per kilowatt-hour, and a full charge can take between four and ten hours. Public chargin' stations can be more expensive, and may also charge a connection fee and/or a subscription fee. To save money, try signin' up for an EV charging package or public station membership for discounts and exclusive perks.

  • Home chargin' is usually the most cost-effective option
  • Electricity costs around $0.15 per kilowatt-hour
  • Public stations can be more expensive and may charge a connection fee and/or subscription fee
  • Sign up for an EV charging package or public station memberships for discounts and exclusive perks
electric car charger installation

Energy5 provides end-to-end EV charging solutions for businesses

From incentives to funding, permits, installation and software, Energy5 is your trusted EVC partner.
Request a callback

Energy5 provides end-to-end EV charging solutions for businesses

From incentives to funding, permits, installation and software, Energy5 is your trusted EVC partner.
Request a callback
electric car charger installation

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Energy5 EV Charging solutions comprise a full range of end-to-end turnkey services for businesses. From permitting to incentive acquisition to installation, management software, and down-the-road maintenance, Energy5 streamlines the whole process every step of the way.
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Energy5 EV Charging solutions comprise a full range of end-to-end turnkey services for businesses. From permitting to incentive acquisition to installation, management software, and down-the-road maintenance, Energy5 streamlines the whole process every step of the way.
HardwareSoftwareAbout UsPrivacy PolicyTerms of Use
Address
300 W Somerdale Rd, Suite 5, Voorhees Township, NJ 08043
Email address
hello@energy5.com
Phone number
(856) 412-4645
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