Installation Costs of Home EV Charger
Installing an EV charger at your home or business provides convenience and control over your electric vehicle’s charging process. While the costs associated with EV home charger installation may seem significant, it’s essential to consider the long-term benefits and savings gained from owning an electric car. As the popularity of EVs continues to rise, so does the demand for charging infrastructure. Investing in an EV charger not only supports your own charging needs but also contributes to the growth of a sustainable transportation ecosystem. Learn more about home EV charger installation now at Genesis of Algonquin!
Types of EV Charging Stations and Costs
So, what’s the cost to install Genesis EV Charger at home? There are three main types of EV charging stations: Level 1, Level 2, and DC (direct current). Each type offers different charging capabilities, and the installation costs for EV chargers can vary significantly depending on the type of charger. Here’s a breakdown of the average costs:
- Level 1 Chargers: These are the standard charging stations that utilize a 120-volt single-phase AC power supply. They typically deliver a charge rate of up to 16 amps, but are limited to 12 amps in some cases. Level 1 chargers provide a charging rate of about 1.9 kilowatts (kW), equivalent to approximately 5 miles of range per hour of charging. They can be connected to standard household wall outlets since 120-volt outlets are readily available. The cost of a Level 1 charger typically ranges from $300 to $600, excluding labor expenses. Labor costs can amount to around $1,000 to $1,700.
- Level 2 Chargers: Level 2 chargers require a 240-volt power supply and offer a broader range of charging speeds. With power ratings of up to 80 amps, these chargers can deliver a charge rate of up to 19.2 kilowatts, providing approximately 60 miles of range per hour of charging time. Level 2 chargers require specific charging equipment and a dedicated electrical circuit ranging from 20 to 100 amps. Level 2 chargers are slightly more expensive, with prices ranging from $500 to $700 for the equipment alone. Labor costs for installation can range from $1,200 to $2,000.
- DC Level 3 Chargers: These fast-charging stations operate at 480 volts and can provide up to 80% charge in just 30 minutes. This translates to approximately 249 miles of range per hour of charging. However, it’s important to note that DC Level 3 chargers are not compatible with all vehicles. Installing a DC Level 3 charger requires a substantial investment. The equipment itself can cost between $20,000 and $50,000, while labor expenses may exceed $50,000. Additionally, major electrical upgrades to your home might be necessary, which could further increase the overall installation cost.
Factors Affecting the Cost of EV Charging
The total cost of doing an install home EV charger depends on several factors. The design and type of charging station, the location of installation, the chosen professional for the job, and the cost of labor all contribute to the overall expenses.
Visit Genesis of Algonquin!
Looking for a Genesis dealer near me? At Algonquin Genesis, you’ll experience an amazing assortment of new Genesis models that can cater every driving need and desire—like the 2024 Genesis GV80 and 2023 Genesis GV70. Once you have your sights on a specific Genesis in our inventory, one of our experienced and financing savvy staff will help you find the perfect loan or lease option that will allow you to finally drive home a brand-new Genesis. We will still strive to provide you with a kind of experience that is world class, long after you have driven home your Genesis. Visit us for help with Genesis EV charging today!
