8/12/2023 0 Comments Juicebox charger pacifica hybridIf your provider allows billing for electricity based on demand at various times of the day, you may be able to charge an EV in the middle of the night at a reduced rate.īe aware, however, that no matter what you pay per kWh it will cost more to keep an EV running during the coldest months of the year. A better way to figure this is to divide the amount of your total bill with all charges by the number of kWh you consumed in a given month. Your electric bill likely states what you pay per kWh for energy, though that figure may not include the cost of delivery, taxes, and fees. Keep in mind that these are averages, and every local energy provider sets its own rates. It costs the most to keep an EV running in Hawaii with an average cost of $0.331 for every kWh. According to the agency’s latest data, Louisiana residents pay the least in the nation for electricity at an average $0.098 per kWh. Energy Information Administration maintains a chart of average per-kWh electric rates for all 50 states here. Importantly, the EPA’s website allows you to customize predicted home charging costs according to the number of miles you drive during a given year, and your per-kWh electric rate. In contrast, the EPA says the most fuel-efficient version of the 2019 Toyota Corolla costs $2.12 to drive for 25 miles and exacts $1,300 at the gas pump annually. It also states how much you’ll pay to drive the vehicle for 15,000 annual miles in combined city/highway use.Īs an example, the EPA estimates it costs an average of $0.81 to drive a Hyundai Ioniq Electric for 25 miles and $500 to pilot it for 15,000 miles. Each listing will tell you how many kilowatts per hour (kWh) it takes, on average, to drive an EV for 100 miles, and how much it will cost to drive 25 miles, based on average electricity rates. It lists energy consumption information for all makes and models for the sake of comparison, and that includes electric cars. On the plus side, you may be able to take advantage of state and/or local incentives for buying and having a charger installed.Īs for what you’ll pay in electricity costs to keep a given EV running, you can get a rough idea of what it will cost via the Environmental Protection Agency’s website. If you’re choosing a wall-mounted unit, expect to pay another $300-$600 for installation. A good quality EVSE can cost between $300 and around $1,200, and they come in plug-in and hard-wired varieties. You’ll also need to purchase an external Level 2 charging unit, which is also called the electric vehicle service equipment (EVSE). This can refresh a drained battery in as little as four hours. It’s well worth it to spend around $250-$400 to have an electrician install a dedicated 240-volt line in your garage to take advantage of what’s called Level 2 charging. It can take between eight and as long as 24 hours to obtain a full charge, depending on the model. Called Level 1 charging, this is the slowest way to replenish an EV’s battery. Most models include a basic 110-volt charging unit that plugs into a standard electric outlet via a conventional three-prong plug. Here’s what you can expect to pay to keep an electrified ride running: At HomeĬharging an electric vehicle at home, assuming you have a garage and/or access to the power grid, is the most common way to go. Depending on the type of public charging station you use, replenishing the battery on the road can either be free or surprisingly costly. Charging an EV at home is usually the cheapest way to go, though you may incur some added costs to make the process more efficient. However, depending on how, where, and when you charge an EV, the cost can vary wildly. In general, it costs less to run an electric vehicle than a comparable internal combustion-powered model. The cost can vary significantly depending on where and how you plug into the grid.
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