How much it prices to charge an electric car depends on where you live, what charger you utilize, and whether you do it at home or while you’re out and about. Here’s what you should know about charging spots for electric cars and how to figure out how much it fees to charge an electric vehicle in your state.
How long do electric cars take to charge?
Level 1, Level 2, and DC quick charging are three ways to charge an electric car. Each one charges at a different rate and costs a different amount.
- Level 1 charging is when you use a regular electricity plug, like a 120-volt outlet in your home or shed. This is the slowest way to charge; getting a full charge could take all night. However, you’ll pay the same price for power as you normally do.
- A level 2 charging station uses 240 volts. This is the most popular type of charging station you’ll come across on the road, and you can also put one at home to charge your car faster. Your electric car should be charged in about 4 to 10 hours.
- Public charging sites like the Tesla Supercharger system have DC fast chargers. DC chargers work quickly. EVs should charge less than an hour, but they cost more. You will be charged by the minute or kilowatt-hour (kWh).
What Does It Price to Charge an Electric Vehicle?
How much it prices to charge an electric car relies on how you charge it, how big its battery is, and how much energy costs on average in your area. The U.S. Based on 15,000 miles driven per year, the Department of Energy says that the 2023 Tesla Model 3 will cost $550 per year to fuel.
Estimated fuel costs for the 2023 Nissan LEAF are $650, or $1.06 per 25 miles. That’s between $45 and $55 a month. Your real charging costs could be higher if you charge your EV at a public station instead of at home or your state’s energy price is greater than the national average.
How much does charging an electric car at a U.S. charging station cost?
Prices for gas range from one gas stop to the next, and the same is true for public EV charging sites. Some places, like shopping malls or hotels, let you charge your EV for free, but it’s usually only for Level 1 or Level 2 charging. If your EV comes with free charging, you may also be able to charge it for free on certain networks.
If you don’t pay, you’ll have to pay every time you charge. In California, Electrify America charges electric vehicle (EV) drivers by kilowatt-hour. Guests pay 48 cents per kWh, and members pay 36 cents per kWh. Every month, each member pays $4.
In Texas, people pay 19 cents per minute to charge slowly (up to 90 kW) or 37 cents per minute to charge quickly (up to 350 kW). Members pay a little less than non-members. If you’re going on a road journey, you should find out where EV chargers are along the way and if it makes sense to buy a pass ahead of time.
Is charging an electric vehicle at home or a charging station cheaper?
Most of the time, charging an electric car at home is more affordable than using a charging point. The average cost of energy in 2021, according to the Energy Information Administration (EIA), was 11 cents per kWh. Some states, like California, had higher prices than usual, which is still less than what Electrify America charges.
You may also be needed to pay a cost to join a charging network and a “session fee” every time you charge. How much does it price to set up a home charge station? A home charger may cost $1,000 or more, but certain states give tax credits and other benefits, and most EV users will find this choice cheaper in the long run.
How much money will you need to charge your plug-in hybrid?
A battery electric vehicle (BEV) is powered only by electricity, while a plug-in hybrid vehicle (PHEV) also has a gasoline-powered internal combustion engine. Compared to a plug-in hybrid, how much does it price to charge an electric car? The price per kilowatt-hour is the same, so whether you put in a fully electric car or a plug-in hybrid, you’ll pay the same amount at EVgo or Electrify America.
But plug-in hybrids will cost less and take less time to charge because their battery packs are smaller. For instance, the Hyundai IONIQ Electric has a battery that can hold 40,4 kWh, whereas the Hyundai IONIQ PHEV only has a battery that can hold 8,9 kWh. Don’t neglect to fill up the gas tank of your plug-in hybrid as well. Considering both fuel types, the IONIQ Electric costs $550 more to run each year than the plug-in hybrid, which costs $750.
How much does it cost at night to charge an electric car?
When you charge, your EV is another thing to think about. Some energy companies offer savings based on when you use the energy, such as free nights or weekends. Some public charging stations also offer savings based on how long you use them.
If you charge your electric vehicle at off-peak times, like at night, you may pay less than if you charged it throughout the day. Check your power bill to see if your energy costs change daily. Then, use those figures to calculate how much it costs to charge an electric car at night or during off-peak hours rather than during the day.
How Can You Save Money on Electric Vehicle Charging?
At home, charging an electric car can cost as little as $3.75 per 100 miles, compared to $12 at a fast charging point. You can save money if you plan ahead and only charge your EV at home or free public charging points.
If you plan a road trip, you may download the app to find charging sites or join a charging system to get lower rates only available to users. Lastly, sign up with Just Energy for a free energy plan and charge your electric vehicle during off-peak hours for the best prices.
