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How Much Does It Cost to Charge an Electric Car?

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How Much Does It Cost to Charge an Electric Car? When it comes to optimizing the cost of charging your electric vehicle, charging at home is your best way. Although, calculating the cost of charging an electric vehicle, at home and on the road, can be complicated.  Very few people new-car buyers can charge at home, the cost per mile is always cheaper than the cost of gasoline for a similar vehicle.

Electric car owners mostly charge their vehicles at home instead of using public charging stations. Compared to conventional cars, electric cars are generally less costly to fuel and maintain, although they may have a higher upfront purchase cost.

Typically, charging an electric car will add around $30 to $60 per month to your utility bill. Also, it costs approximately $11 to charge an electric car with a 65-kWh battery at home using a Level 2 charger. Generally, it costs less per month to charge an electric vehicle than to fill up a gas-powered car.

The Cost of Home Charging:

The cost of a high-level charging system is nothing compared to the higher prices of charging at a public station and certainly better than the fuel prices attached to a non-electric vehicle. For some reason, the price of a full charge can vary a lot.

If you want to Invest in a high-quality home charging system that will save you money while you save. Such as For a Tesla Model Y, right now the bestselling EV could cost as little as $9 or as much as $40, depending on whether you’re charging at home or a far more costly Level 3 fast charger.

Electric Car

Electric Car

The most common continuity is a straightforward utility that bills at a flat rate per kilowatt-hour, regardless of the time of day or how much power is used. This makes calculating how much running your car will cost fine easy. It is estimated that a Tesla Model 3 that uses 250 watt-hours per mile and a flat rate of $0.15 per kilowatt-hour, driving 1000 miles per month would cost $37.50.

To Compare, a low-efficient Hummer EV would cost roughly $97 in electricity to drive the same 1000 miles. A gas Lexus ES 350 that gets a combined 26 miles per gallon would cost $150 to fuel at the present NYC average of $3.90/gallon for regular.

How much energy your EV would need 1000 miles  250 Wh/mi = 250,000 Wh = 250 kWh
How much that energy would cost 250 kWh $0.15/kWh = $37.50 per month

Cost to Charge an Electric Car at Public Charge:

If you are driving an electric car and need to charge it while on the go, you can do so by finding a charge through a free mobile app. Most modern networks offer this option. However, some older public chargepoints may require an RFID card to initiate a charge. You can order this card online, although this method is gradually being phased out. If the ChargePoint is app-enabled and the host has set a tariff, you can pay for the charge using the app.

Electric Car

Electric Car

There are several ways to access public charge points. Here are short guide reviews of the four most common.

  1. Plug and Play – all you can do is plug in.
  2. App-enabled – a mobile app that provides you access via smartphone.
  3. RFID card – like an Oyster, you swipe the card to start charging.
  4. Contactless payment card – you tap it just like you would in a shop.

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