Many people ask us, “what’s the cost to install an EV charger?” and the answer is simple, “it depends”. We wanted to put this article together to help people better understand the overall cost to install an EV charger at their home but you can also contact us directly to get a free quote for your specific project.
The world is moving towards sustainable energy, and electric vehicles (EVs) are playing a significant role in it. With more and more people switching to EVs, it’s essential to have a charging infrastructure in place. While public charging stations are readily available, having a personal EV charger at home is much more convenient. However, before you install an EV charger, you need to be aware of the costs involved. In this article, we’ll explore the cost to install an EV charger and everything else you need to know. If you are looking for an exact quote for your home EV charger installation, contact us today or schedule a free call.
Understanding the Cost to Install an EV Charger
Factors that Determine the Cost to Install an EV Charger
The cost of installing an EV charger can vary depending on several factors. Here are some of the main factors that can influence the cost:
- Type of EV Charger: The cost of the charger itself can vary depending on the type you choose. Level 2 chargers, which are the most popular for home use, can cost between $500 and $1,200.
- Electrical Panel Upgrade: If your electrical panel is outdated, you may need to upgrade it to accommodate the charger. This can cost between $500 and $3,000 and if needed, is typically the most expensive part of the project.
- Electrical Work: Installing an EV charger requires electrical work, which can cost between $300 and $1,000, depending on the complexity of the installation. There are two popular ways to install a level 2 charger and that is either hardware or NEMA plug. You can learn more in our article titled “What is the difference between hardwiring an EV charger and installing a NEMA 14-50 plug?“
- Permitting and Inspection Fees: Depending on your location, you may need to obtain permits and pay for inspections, which can cost between $100 and $500. Some companies charge extra for permitting, at Peak EVS we add the exact cost into our estimates.
FAQs – Cost to Install an EV Charger
Q: Do I need an electrician to install an EV charger?
A: Yes, you will need a licensed electrician, such as Peak EV Solutions, to install an EV charger.
Q: Can I install an EV charger myself?
A: It’s not recommended to install an EV charger yourself since it requires electrical work, which can be dangerous if not done correctly.
Q: Is it worth installing an EV charger at home?
A: We might be biased but we believe that installing an EV charger at home is worth it since it’s more convenient and can save you money in the long run.
Q: Are there rebates or incentives for installing an EV charger?
A: Yes, in Colorado, Xcel Energy offers a rebate for those who qualify. There are also state and federal incentives that are everchanging. Give us a call today and we’ll help you understand the incentives before you commit to installation.
Installing an EV charger at home can be a great investment for EV owners. While the cost to install an EV charger can vary depending on several factors, it’s essential to factor in the long-term benefits. Having a personal EV charger can save you money and time in the long run, and it’s a step towards a more sustainable future. Peak EV Solutions provides free no-obligation estimates for your specific project so reach out today to learn what the cost to install an EV charger at your home.