It is important to understand the cost of installing an EV charger in your home.
Installing an EV or electric vehicle charger at home is a great move if you want to maximize your electric vehicle’s convenience and functionality. But before you make the jump, it is important to understand the cost of installing an EV charger in your home. The total cost could vary depending on a few factors, starting with the kind of charger and going to the specifics of your house’s electrical system. In this blog, we will break down what you could expect when it comes to EV charger installation costs and the factors that will influence these prices, helping you budget accurately for your home’s charging station. Read on to learn more!
The Kind of EV Charger
The kind of charger you pick plays a serious role in the overall cost. There are usually three kinds of EV chargers, which are:
- Level 1 Chargers (120V): This is the most basic type of charger, usually used in a standard household outlet. It is slower, typically adding around two to five miles of range per hour of charging. If you need to install a Level 1 charger, it can range from $0 to $500, depending on your home’s current setup.
- Level 2 Chargers (240V): these chargers are a lot faster and require a dedicated circuit. They could add up to 25 miles of range for each hour of charging. EV charger installation costs for a Level 2 charger usually range between $500 and $2,000, which includes both labor and equipment.
- DC Fast Chargers are the quickest chargers and are usually used in commercial settings. Installing a DC fast charger at home is quite rare since it requires a substantial upgrade to your electrical system and could cost you upwards of $10,000 or more.
Electrical Upgrades or Panel Capacity
In a few cases, the cost to install an EV charger at home includes the need for any electrical panel upgrades. If your electrical panel cannot deal with the additional load required by the Level 2 charger, you might have to upgrade it.
Labor Costs
Labor costs contribute to the total cost of installation. Hiring an electrician to help install your EV charger will ensure the job is completed safely and according to the code. Labor costs could depend on location, but typically, electricians charge around anywhere from $100 to $185 per hour, and installation could take anywhere between four to eight hours.
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