How Much Does It Cost To Charge An Electric Car At Home?

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What does it cost to charge an electric car at home.

If you are reading this post, it simply means you want to learn about how much does it cost to charge an electric car at home.

Come along for a behind-the-scenes look at how much it costs to charge an electric car at home? Is it possible to charge an electric car at home? Plus a lot more.

An Electric Car Charger

How Much Does It Cost To Charge An Electric Car At Home?

The price may differ significantly depending on where and how you connect to the grid.

In general, running an electric car is less expensive than running a car with an equivalent internal combustion engine. However, an EV’s cost can vary greatly depending on how, where, and when you charge it. The least expensive way to charge an EV is typically at home, though you might have to pay extra to speed up the process. The cost of recharging your vehicle’s battery while you’re on the road might vary greatly depending on the sort of public charging station you use.  

     

An electrified ride will cost you the following to maintain:

1.     AT HOME.

The most popular method is to charge an electric car at home, provided you have a garage and/or connection to the power grid. Most versions come with a straightforward 110-volt charging mechanism that fits into a regular electrical outlet using a typical three-prong socket. This method of recharging an EV battery, known as Level 1 charging, is the most gradual. Depending on the model, obtaining a full charge can take eight to 24 hours.

To take advantage of what is referred to as Level 2 charging, it is definitely worth the money to have an electrician install a dedicated 240-volt connection in your garage. A depleted battery can be recharged in as little as four hours. Additionally, you’ll need to buy an external Level 2 charging device, often known as electric vehicle service equipment (EVSE). A high-quality EVSE can be expensive, and both plug-in and hard-wired models are available. Expect to pay for installation if you select a wall-mounted unit. On the plus side, you might benefit from regional or municipal incentives for purchasing and installing a charger.

You may receive a ballpark estimate of how much it will cost to run a particular EV by visiting the Environmental Protection Agency’s fueleconomy.gov website. For comparison purposes, it contains energy usage data for all brands and models, including electric vehicles. You can find out from each listing how many kilowatt hours (kWh) an electric vehicle (EV) uses on average to travel 100 miles and how much it will cost you to travel 25 miles based on current energy prices. Additionally, it details the cost of 15,000 combined city/highway miles per year of driving the vehicle.

For instance, according to the EPA, driving a Hyundai Ioniq Electric for 25 miles costs, on average, $0.81, and for 15,000 miles, it costs $500. According to the EPA, the most fuel-efficient 2019 Toyota Corolla costs $2.12 to drive 25 miles in and costs $1,300 a year at the pump.

Importantly, you may adjust estimated home charging prices on the EPA website based on how many miles you drive in a year and your per-kWh electric rate.

You can charge an EV overnight at a discounted rate if your provider allows invoicing for power depending on demand at different times of the day.

Just so you know, it will cost more to keep an EV operating during the coldest months of the year, regardless of what you spend per kWh. A battery performs poorly in cold conditions and can only receive a limited charge. According to AAA research, an average EV loses about 41% of its operational range when the temperature drops to 20°F and the heater is turned on. In cold weather, charging the vehicle also takes longer. According to the AAA study, running the car at 20°F with the heater on will cost more than doing so at 75°F in terms of battery maintenance for every 1,000 miles of travel. The range of an EV is, to some extent, negatively impacted by exceptionally hot weather, especially when the air conditioning is in operation.

2. PUBLIC CHARGING AT LEVEL TWO.

The most common sort of public charging is level 2, and you can find units installed in retail parking lots, open parking garages, and new-car dealerships. These locations are often found in or close to major cities, college towns, and other locations with more EVs than usual.

While some Level 2 public charging stations are free to use, some have fees. Pay-as-you-go via a credit card or through an account with a charging network like Charge Point or Blink is both options. EV charging prices vary from service provider to service provider and state. While some states permit providers to bill customers based on the number of kWh of power used, others only allow providers to bill customers per minute. At the same time, the Charge Point network lets the owner of the property where the charger is located decide to price, Blink charges by the minute or, in states where that’s allowed, starting at $0 per kWh.

3.   THIRD LEVEL PUBLIC CHARGING.

Accessing a Level 3 public charging station is a lot less popular but a significantly quicker alternative. It can fill an electric car’s battery to 80% of its capacity in between 30 and 60 minutes and is called DC Fast Charging.

In some markets, EVgo provides free two-year charging to purchasers of the BMW i3 or Nissan Leaf and maintains the largest network of Level 3 charging stations in the country. In the meantime, Tesla Motors continues to operate its own Supercharger network of quick-charging locations across the United States. However, only Tesla cars are permitted to use them. Porsche, meanwhile, will provide purchasers of its all-electric Taycan with three years of limitless 30-minute charging at Electrify America charging stations when it launches the vehicle in the U.S.

For the 2020 model year, LEVEL 3 PUBLIC CHARGING makes its debut.

Is It Possible To Charge An Electric Car At Home?

Yes, an electric vehicle can be charged at home with a specialist home charger (a standard 3-pin socket with an EVSE cable should only be used as a last option). Drivers of electric vehicles opt for a home charging station to access faster charging times and built-in safety measures.

Conclusion

Drivers of electric vehicles opt for a home charging station to access faster charging times and built-in safety measures.

An electric vehicle can be charged similarly to a mobile phone by plugging it in at night and topping it off during the day.

Scheduling to charge your car using the Pod Point App or the car itself can help you save money. Some electricity tariffs offer substantially cheaper electricity at specific times (typically late at night).

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