Installing An EV charger At Home? How Much Will It Cost?
Electric vehicles (EVs) are becoming increasingly popular. After all, people are looking for ways to reduce their carbon footprint and save money on fuel costs. Consequently, to charge an EV at home, you need a home charging station. If you’re considering installing an EV charger at home, you may be wondering how much it will cost. In this blog post, we’ll look at the factors that affect the cost of installing an EV charger. We will provide a comprehensive guide to help you make an informed decision and better understand your situation.
Factors That Affect The Cost Of An EV Charger Installation
The cost of installing an EV charger at home can vary widely depending on several factors, most importantly:
- The type of charger – Level 1, Level 2, or DC fast charger
- The installation location – indoors or outdoors
- Near the electrical panel or far from it
- The existing electrical infrastructure
- The age and capacity of your electrical panel
- The distance from the panel to the charger
- And the need for any upgrades or modification
All things considered, the average cost of installing a Level 2 EV charger at home ranges from $500 to $2,500. The cost can be higher or lower depending on the above factors.
Types Of EV Chargers
There are three types of EV chargers: Level 1, Level 2, and DC fast charger.
Level 1 chargers plug into a standard 120-volt outlet. A Level 1 charger can add up to 5 miles or 8 kilometers of range per hour of charging. These chargers are often portable chargers and are often included with your EV purchase. They offer the slowest option for charging.
By far, level 2 chargers are the most common type of EV chargers installed and found in homes. These chargers require a 240-volt outlet. They can add up to 25 miles or 40 kilometers of range per hour of charging.
DC fast chargers are the fastest type of EV chargers available on the market. Believe it or not, they can add a lot of range in just 30 minutes of charging. These chargers are typically found at public charging stations and highways. DC fast chargers are not meant for a home installation due to their high cost and complexity. But do keep a look out for them in your area in case you ever need a really fast charge!
Installation Location
The location of your EV charger can also affect the cost of installation. If your electrical panel is far from the location of your new charger, you may need to pay more for wiring and conduits. If your charger needs to be installed outdoors, additional equipment will be needed to protect the electrical materials from the elements.
When the charger is installed in a garage, the installation is often less expensive. This is because the panel is often located in the garage or share a common wall with a garage.
Existing Electrical Infrastructure
The age and capacity of your electrical panel will affect the cost of installation. If your electrical panel is old, it might not be able to handle the additional load of an EV charger. When this happens, it may mean you will need to pay for an upgrade of your electrical system. The cost of electrical upgrades will vary widely depending on the extent of it.
Other Factors That Affect The Cost Of Installing An EV Charger Include:
- The complexity of the installation (numbers of walls, total distance)
- The need for permits and inspections
- The cost of labor in the area (hourly labor rates outside the city is often less)
It’s important to note that some of these costs may be offset by government incentives such as Roulez Vert. These tax credits and rebates will help make the cost of installing an EV charger more affordable.
A Final Word On The Cost of Installing An EV Charger
Installing an EV charger at home can be a significant investment, but it’s essential for EV owners who want to take full advantage of the benefits of driving an EV. As we discussed, the cost of installation will vary widely depending on several factors, including the type of charger, the installation location and the existing electrical infrastructure. By understanding these factors, you can make an informed decision about the best EV charger for your home and budget. It is important to get a quote from a licensed and certified electrician like MaCharge (Get Home Quote) to determine the exact cost of installation. With the right charger and installation, EV owners can enjoy the convenience of charging their vehicles at home while saving money on fuel costs.