Home Electric Car Charger Cost: Understanding the Investment

Home Electric Car Charger Cost: Understanding the Investment

Electric vehicle charging at a modern home's driveway, connected to a wall-mounted EV charger amidst a sunny, green setting.

Investing in a home electric car charger is a decision that many new electric vehicle (EV) owners face, balancing the initial setup costs against long-term savings and convenience. The cost of installing an EV charger at home can vary widely based on several factors including the type of charger, electrical upgrades required, and labor costs.

Types of Chargers and Installation Costs

There are primarily three levels of EV chargers, each with different capabilities and associated costs:

  • Level 1 Chargers are the most basic and can be plugged into a standard 120-volt outlet. While they are the least expensive option, charging times are longer, typically providing only 2 to 5 miles of driving range per hour of charging. The cost for a Level 1 charger ranges from $300 to $600.

  • Level 2 Chargers offer faster charging, requiring a 240-volt outlet similar to what large household appliances use. Installation costs for Level 2 chargers can vary from $600 to $1,200, excluding any necessary electrical upgrades. They can add 10 to 40 miles of driving range per hour of charging.

  • Level 3 Chargers, also known as DC fast chargers, are primarily for commercial use and are not typically installed in residential settings due to their high cost, ranging from $12,000 to $35,000.

Additional Costs to Consider

When planning for a home EV charger, it’s crucial to factor in additional costs beyond just the purchase price of the charger:

  • Electrical Upgrades: Homes may require upgrades like a new breaker box or dedicated circuits to support the charger. The cost for such upgrades can range significantly, from a few hundred dollars for minor work to several thousand for more extensive upgrades.

  • Labor Costs: Electricians typically charge between $40 and $120 per hour for their services. The total labor costs depend on the complexity of the installation, ranging from simple plug-in units to more complex systems requiring new circuits and extensive wiring.

  • Permits and Inspections: Local regulations may require permits and inspections for the installation, adding to the overall cost. Permit costs vary by location but can range from $50 to $200.

  • Brand Costs: Different brands offer chargers at various price points. For example, brands like Webasto, ClipperCreek, Bosch, and Tesla have installed costs ranging from $1,000 to $1,600 depending on the model and features.

Cost-Effectiveness and Convenience

Despite the upfront costs, having a home EV charger can be more cost-effective than relying on public charging stations, offering convenience and potentially lower electricity rates. Additionally, some utility companies provide rebates or incentives for home EV charger installations, and federal or state tax credits may be available to offset some of the installation costs.

Making the Right Choice

Choosing the right charger involves considering your vehicle’s needs, your home’s electrical capacity, and how quickly you want to charge your EV. While Level 2 chargers are a popular choice for their balance of cost and convenience, your specific situation and budget will ultimately guide your decision.

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.

Leave a Reply

London Electric Centre