Installing An EV Charging Station At Home Might Cost More Than You Think

When it comes to home charging, EV owners use Level 1 or Level 2 charging stations. A Level 1 charging station is the most affordable way to charge your EV — it consists solely of the charge connector that comes with your EV and can go into any 110v outlet, according to the EPA. However, these stations are very slow and may take up to 24 hours to fully recharge your EV’s battery. On top of that, you only get around four miles for every hour it charges. This is only an ideal setup if you don’t drive a lot, but is an impractical choice for people who drive more than 50 miles a day.

Level 2 charging stations are what you will find in most homes; they typically cost around $800 to $2,000, depending on a number of factors. These systems plug into a 240v circuit and offer up to 60 miles of range per hour spent charging. With Level 2 EV chargers, you may also need to splurge on additional equipment for them to work properly. Level 3 charging stations are unlikely to be found in residences because of the high costs it takes to install them. Carvana reports that they may cost from $20,000 to $50,000 for equipment, with labor being an additional $50,000. If they are installed, it is likely to be an investment where owners could turn a profit rather than one used exclusively for home use.

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