Electric Charging Stations Cost: Navigating Your Options

Different EV charging stations including Level 1, Level 2, and DC Fast Chargers in various settings, showcasing options for every need

As electric vehicles (EVs) become more popular, the need for convenient charging options grows. Whether you’re a business looking to attract EV drivers or a homeowner seeking the convenience of home charging, understanding the costs involved in electric charging stations is key. Here’s a straightforward guide to help you navigate your options.

Types of Charging Stations and Costs

  1. Level 1 Charging Stations: These chargers use a standard household outlet (120V) and are typically the most cost-effective option. They’re slower, charging about 4-5 miles of range per hour, but they can be a good choice for overnight home charging or businesses offering long-duration parking.

  2. Level 2 Charging Stations: These require a 240V outlet and can charge an EV much faster, adding about 20-25 miles of range per hour. They are more expensive than Level 1 chargers but offer greater convenience and are suitable for both home and commercial use.

  3. DC Fast Chargers: The fastest charging option available, ideal for commercial locations and quick stops. They can add 60-80 miles of range in just 20 minutes but come with a higher installation and operational cost.

Installation Costs

Installation costs can vary widely based on the type of charger, the existing electrical infrastructure, and the location. On average, you might expect:

  • Level 1: Minimal installation costs, especially if using an existing outlet.
  • Level 2: $500 to $2,000 for installation, including potential upgrades to your electrical system.
  • DC Fast Chargers: Can exceed $10,000 due to the need for significant electrical upgrades and the high cost of the units themselves.

Operational Costs

Don’t forget to consider the ongoing costs of electricity and maintenance. Level 2 and DC Fast Chargers will increase your electricity bill, and regular maintenance will be required to keep them in good working condition.

Incentives and Rebates

To encourage the adoption of EVs, many governments and utility companies offer incentives and rebates for installing electric charging stations. These can significantly reduce the upfront costs, so be sure to research what’s available in your area.

Conclusion

Choosing the right electric charging station involves balancing the initial installation cost with operational costs and the needs of the EV drivers you’re aiming to serve. Whether for personal or commercial use, there’s an option out there that’s right for you. With careful planning and consideration of incentives, you can make an informed decision that suits your budget and charging needs.

Ready to electrify your journey with London's leading EV charging solutions? Send us a quick email and we will get back to you.

Give us a Quick call Now!!!

02077888487

  • Rapid

    DC charging

    Every vehicle is plugged in.

    Now any specific car can be charged in minutes rather than hours on slow AC charging. A game-changer for drivers and operations teams. 

  • Every space

    EV ready

    DockChain makes it possible, and affordable, to make every space in a car park ready for EV charging. Give certainty to drivers that there will be a charging bay available and remove the operational cost and hassle moving cars on and off chargers. 

  • Customer experience

    Tethered cables make it convenient for users. CCS cables to match the industry standard for high powered DC charging. Charging session authorisation can be configured to operator requirements (app enabled, RFID, open use, etc.)

  • Ease of

    Installation

    DockChain reduces ground works required for installation. Chain cables run in a shallow trench, wall mount, or lay in a cable tray to reach every parking space. The power supply cabinet connects and can be positioned in a convenient location at your site.

  • Scale & upgrade

    DockChain is flexible allowing you to increase the number of charging Docks as demand increases. E.g. Enable 10 spaces, then easily double this in the future. DockChain can be upgraded too, allowing larger capacity additions in the future without upheaval to any existing installation.

  • Battery

    cost savings

    With DockChain's rapid DC charging, a fleet operator could shift from purchasing larger capacity battery vehicles to more affordable smaller capacity ones as rapid turnaround makes it operationally possible to top-up frequently without impacting operations. Ideal for distribution/ delivery firms.

  • Charge when power is

    cheaper & greener

    Charging several EVs makes you a high electricity user subject to fluctuating grid prices. Slow AC charging requires constantly charging to complete in the  available time. DockChain's DC power enables more flexible timing of charging so you can put more kilowatts in your EVs at lower prices.

  • System integration

    DockChain can be stand-alone or fully integrated to your existing IT infrastructure. Charging can be matched to fleet or booking requirements (E.g. Car Rental / Distribution), integrated to customer systems and payments (e.g. hotel bookings or office parks). Analytics and power management are all configurable. 

London Electric Centre - Lighting Up London's EV Evolution

Need a website or Digital marketing services?

Big Ben Digital

©2023. London Electric Centre. All Rights Reserved.

London Electric Centre