Crunching Numbers: What Is the Cost to Install an EV Charger at Home?

The world is changing quickly, and many are still not sure where they stand on the various changes that have been sweeping the planet.

Some of the changes have been more quantifiable than others, but when it comes to the idea of a shift in transportation, specifically EVs, it’s much easier to pinpoint when we’re involved.

One pivotal aspect integral to the success of EVs is the infrastructure supporting them, particularly the establishment of commercial electric vehicle charging stations because the deployment and accessibility of these charging stations play a significant role in promoting the viability and acceptance of EVs as a feasible alternative. This development not only addresses concerns about the practicality of EVs but also signals a fundamental shift in the way we perceive and utilize transportation systems. As the EV landscape evolves, the expansion and strategic placement of these charging stations will undoubtedly influence the wider acceptance and integration of electric vehicles into our daily lives.

For many, the need to install EV chargers at home is becoming one of the most important issues of our time. How much will it cost to install EV charger at home? What are the alternatives?

Depending On Different Types of EV Chargers

The cost to install an EV charger at home will vary greatly depending on the type of charger purchased. If you require a fast-charging station, you will need to spend more money than if you decide to purchase a basic charger.

Level 1 Chargers

Level 1 chargers often cost between $150-$400 depending on the brand or retailer, installation fees, and whether additional materials, such as a mounting bracket, are required. This type of charger takes a standard 120V & 15A outlet with a dedicated two-prong plug. Typically takes 8-10 hours to charge an EV from empty to full and delivers a rate of 1-2 miles of range per hour of charging.

When crunching numbers, it is important to factor in additional costs associated with the Ev charger installation cost to arrive at an accurate estimate of the overall cost. This could include the cost of labor for the installation, new outlets if needed, and any special wiring or conduit installation needed.

Level 2 Chargers

Level 2 chargers are the fastest and offer the most convenience, allowing an EV to charge up to 8 to 10 times faster than a Level 1 charger. Typically, the cost of a Level 2 charger ranges from $500 to $2000.  The average cost to install a Level 2 charger is generally in the $500 to $1000 range. This includes:

  • cost of the charger
  • electrician’s installation charge
  • additional wiring
  • possible building permit fees

The installation cost can also vary depending on your local electrical rates and the type of materials used to conduct the installation. An experienced electrician should provide you with an accurate estimate of installation costs before beginning. Check for lower costs and to increase the value of an electric vehicle charging station.

DC Fast Chargers

When it comes to DC Fast Chargers, the cost of installation can vary greatly. It depends on the power and features available, as well as the equipment already in place at the location. DC Fast Chargers, on the other hand, are more costly ranging from $2,000 to $15,000 for a full installation.

The cost also depends on whether the charger is professionally installed or DIY. Generally speaking, the cost of a residential home charger starts around $800 to $1,500 for a Level 2 charger, plus wiring, labor, and additional components.

The cost can go higher for DC Fast Chargers, depending on the features and the local chargers themselves. Ultimately, it is usually best to get several quotes from people with experience in the installation of EV chargers and compare the different features they offer in addition to the cost.

Calculating The Cost to Install EV Charger at Home

The cost to install ev charger at home can vary significantly depending on the EV charging station setup and installation complexity. Reach out to a local electrician to discuss cost estimates that are based on your specific installation needs. Act now and start powering your future with an EV charger at home!

If you want to learn more about EV chargers, make sure you check out the rest of our blog today.