March 15, 2022

How much does an EV charger installation cost?

Rising gas prices are making people ask - is it finally the time to switch to an electric car? We believe the answer is a resounding "YES!" Now is the best time to choose an electric car. We also know that there have been hundreds of blog posts on how to choose the right EV for your needs. However, by choosing an electric car, you should be aware that there are some hidden costs - the cost of an EV home charger installation.

In this article, we’ll break down the cost of an EV charger installation by type of system and other factors which can significantly impact the final number you pay.

Key takeaways about EV charger installation costs

  • A Level 2 EV charger installation for a residence costs about $2,000 on average
  • This includes the cost of the charger, electrical and installation costs
  • This does not include federal or state rebates!
  • Total average installation cost ranges from $1,000 to over $5,000 depending on how a home is structured
  • What is the best way to get a fair price for your EV charger installation? Get quotes on Lectrium’s platform, for free.

How much does an EV charger cost in 2022?

To ensure your car has a full battery every morning you wake up - you need a Level 2 charger installed at your house. The Level 2 charger itself costs between $400 and $1,200. EV chargers are simple devices that supply electrical power for charging from your home's electrical system directly to your plug-in electric vehicle. 

The most basic analog (or dumb) charger can be purchased online for around $400. However, it is much more convenient to have a charger with a wifi connection so you can control it via a mobile app. The cost of a connected charger starts at $500 and can go up to $1,200 or even more. They differ by brand, design, quality of materials, or additional features such as LED lighting.  

You can buy a charger online or through Lectrium. We source the most popular chargers in the market. For your convenience, we can include the charger in the total price of installation.

Contact us for consultation and more information.

How much does an EV charger installation cost?

The second part of the cost is the installation itself. It could vary from $600 to over $4,000 depending on multiple factors about your house. 

If the charger will be located next to the electrical panel, the panel does not need an upgrade and no extra work is required, a certified electrician should do the job for no more than $600. However, these perfect conditions are quite rare. Every extra 10 feet of wiring, every wall, and other obstacle increases the price. Installers charge based on the difficulty of the installation, and having your panel in the basement far from your charger might make your installation cost more.

Finally, pricing depends on your state, how many electrician networks are in your area, and what is their average hourly rate. Therefore, an average cost of installation is around $1,400.

Find out what your installation costs now by answering the survey.

Pricing in gross vs. net costs: In this article, we talk about EV charger installations in terms of gross cost, otherwise known as the cost before any rebates and incentives that can reduce the upfront cost of EV charging.

What are the costs of charging after installation?

Generally speaking, an EV charger requires little to no maintenance over its lifetime. The costs of your home’s electricity bill, however, will likely be larger than it was pre-installation.

What is cheaper: charging your EV at home or at public stations?

Driving 1,000 miles in a month would take from 200 to 300-kilowatt hours (kWh) of charging. With an average price per kWh at public chargers at $0.59 compared to an average price per kWh of home chargers at $0.13, drivers save a ton of money by charging at home.

Charging 300 kWh only at public stations for a month would cost ~$177 while charging only at home would cost ~$40. Over the course of a year, home charging could save an EV driver $1,644 simply in the cost of electricity!

So, why wait? Adding a Level 2 EV charger will save the homeowner money with a payback period that is often 1-2 years, and this will also increase the value of the home!

Electric vehicles are top of mind. Services like Airbnb recently added the ‘electric vehicle charging station’ amenity to their platform, and most consumers indicate their next car will be electric. Now is the time to prepare your home or rental properties for the massive shift in the way Americans move around the country, by installing a Level 2 EV charger.

Lectrium makes installing an EV charger simple. Get your quote today and get matched with a certified electrician to install your Level 2 charger.

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How much does an EV charger installation cost?

Rising gas prices are making people ask - is it finally the time to switch to an electric car? We believe the answer is a resounding "YES!" Now is the best time to choose an electric car. We also know that there have been hundreds of blog posts on how to choose the right EV for your needs. However, by choosing an electric car, you should be aware that there are some hidden costs - the cost of an EV home charger installation.

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