If you’re thinking of purchasing an electric vehicle (EV), having a home charging station is essential. This electrical upgrade to your home will ensure that you have the charge and power you need to drive your car when you need it. But before you commit to purchasing a home EV charging station, it’s important to understand the costs associated with installation.
It’s difficult to provide exact pricing for a home EV charging station without knowing the specifics of your home and preferences. On average, though, most homeowners will spend between $300 and $3,000 for installation. This is an extremely broad range, as no two EV charging station installations are the same. To understand what you will pay for installation, it helps to consider the factors that drive up costs.
Type of Charger
The type of charger that you select will be one of the primary factors in your installation cost. EV chargers are classified into three types: Level 1, Level 2, and Level 3. The higher the level, the faster the charging time and the more expensive the installation.
Level 1 chargers use a standard 120-volt outlet and take 40 to 50 hours to give you a full charge. These are the least expensive chargers, but they also charge the slowest. However, if you drive the U.S. average of 31 miles a day or less, Level 1 may be all you need.
Level 2 chargers require a 220-volt outlet and provide a much faster charging time of four to 10 hours, offering an attractive balance of cost and power. A Level 2 charger is convenient for overnight charging.
Level 3 chargers, also known as DC fast chargers, are the most powerful option. They can fully charge an EV in as few as 20 minutes, but they’re also significantly more expensive to install than Levels 1 and 2. While you can use one at a public charging station, Level 3s are not available for home installation, according to EnergySage.
Location of Charging Station
To install a home EV charging station, you’ll need a dedicated circuit. This means that the installation must be completed close to an existing electrical panel. If there is not one in the vicinity, then additional wiring may be required, which will add to the overall cost.
Additionally, the work area should be easily accessible. Installing in tight spaces or difficult-to-reach areas may require extra labor time, thus increasing the cost of installation.
In some cases, you may need to make significant electrical upgrades to your home before installing an EV charging station. This is often necessary if you don’t have a dedicated circuit or if your current system is underpowered and cannot meet the demands of an EV charger.
If this is the case, you may need to upgrade your service panel, run new wiring, install additional outlets, or even upgrade your home’s main electrical power line. All these upgrades will increase the overall cost of the project.
Incentives and Rebates
The cost of installing a home EV charging station can often be reduced through various local, state, and federal incentives. Many electric vehicle owners are eligible for grants, tax rebates, and other forms of financial assistance to help offset the cost of installation.
These programs are constantly changing, so be sure to research current local incentives and rebates before you commit to installing an EV charging station.
Installing an EV charging station requires the expertise of a qualified electrician. The amount of time it takes your electrician to install the station, coupled with their hourly rate, will be major factors in determining the cost of installation.
Both of these factors may be greatly influenced by the amount of experience your electrician has. In general, the more experienced an electrician is, the less time it will take them to complete the installation. However, they may also charge a higher hourly rate in exchange for their expertise.
Ultimately, the best way to determine the costs associated with installing a home EV charging station is to consult with a trusted electrician. They can assess your specific needs and provide you with an accurate estimate for installation fees. Once you have that information, you can decide whether a home EV charging station is right for you and your budget.
If you’re interested in installing an EV charger for your home, contact Electricode today for more information. From EV chargers to surge protection to electrical panels, we’ve been providing quality electrical services to homeowners in Las Vegas and nearby areas since 2017, so you can count on us to get the job done right.