Electric cars have become very popular as the world continues to embrace green energy. Governments around the world are encouraging their citizens to take part in reducing their vehicle’s footprint by shifting to electric cars. If you’re planning to buy an electric vehicle, you need to consider the possibility of installing your electric car charger at home.
Some countries are developing laws to require new homes to have electric car chargers. Some homeowners are reluctant to install them, fearing they might turn into a costly investment. This article explains everything you need to know about adding an electric car charger to your home.
Is It Worth It?
There are many benefits of installing an EV charger in your home. First, it’ll make your EV car ownership experience more satisfying because you don’t have to queue at your local EV charging station for hours waiting to charge your car. With your car charger, you can charge your vehicle whenever you want without worrying about running late to critical events.
You can leave your EV charger on overnight to allow your car to charge fully. This will save you time because you won’t have to stop by the charging station on your way to work or an important meeting. This is important, especially if you’ve strict schedules that require you to leave for work early in the morning.
Cost of Installing an EV Charger at Home
The investment is worth it, bearing in mind that a standard electric car charger costs between $799 and $1,200. This is worth it because the charger will help you recover enough time to make your home EV charger more beneficial.
Once the charger is fully installed, you’ll only need to pay for electricity every month. The standard electricity rate for this charger is slightly above 28p per kWh. But you can choose an economy tariff, which offers an overnight electricity rate of 11p per kWh. If you shift to an electricity tariff meant for EV drivers, you’ll lower this electricity rate to about 4.5p per kWh. The charging speed depends on your car’s onboard charger.
