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Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Before dropping $40,000, $50,000, or $60,000 on a shiny new electric vehicle, many consumers will need to know: "How much will it cost to charge this thing?" and "Will I save on gas?" It all depends on the model you buy and where you decide to plug in, but charging an EV generally costs significantly less than refueling a gas car. As with gas cars, some EVs are more energy-efficient than others, leading to a lower charging bill. Slower, at-home charging at home tends to be cheaper than using high-powered, fast-charging stations. A slew of other variables can impact charging costs, but this guide offers a rough idea of what to expect. The most popular method: Home chargingIn general, most electric cars can travel 3 to 4 miles per kilowatt-hour (kWh) of energy, according to the US Environmental Protection Agency. In 2021, residential electricity cost 13.73 cents per kWh on average, per the US Energy Information Administration. At that rate, someone who drives 1,000 miles per month would spend anywhere from $34 to $46 charging at home. Fully recharging an electric car with a healthy range of 300 miles would require 75-100 kWh and cost $10-$14. There are also some potential up-front costs to charging at home. All EVs come with a home-charging cable that plugs into a wall outlet and provides an extremely slow trickle of energy, approximately 3 to 6 miles of range per hour. This type of charging is known as Level 1. For a quicker charge, many owners choose to install a more powerful Level 2 charger, which uses an upgraded 240-volt circuit to deliver some 20-40 miles of range per hour. Tesla's Level 2 charger costs $550, and the company estimates an additional $750-$1,500 for an electrician to hook it up. Your mileage may varyElectricity costs vary greatly across the country. In some states, you can expect to pay less than 10 cents per kWh. In others, rates can be as high as 25 cents per kWh. And some EVs are less efficient than others. Models like the Rivian R1T pickup truck, Porsche Taycan sedan, and Audi E-Tron SUV only get a little over two miles per kWh. Someone who owns an R1T and lives in Massachusetts, where electricity costs 25.28 cents per kWh, would pay around $126 to their utility provider to drive 1,000 miles. By contrast, it would cost only $25 to run a highly efficient Tesla Model 3 the same distance at 10 cents per kWh. Moreover, the cost to charge depends on the time of day one chooses to plug in. Many owners charge their vehicles overnight when electricity rates are a fraction of peak daytime costs. EVs typically allow owners to schedule charging for certain hours of the day. Pay up for a quicker chargeDC fast chargers, capable of adding significant amounts of range in 30 minutes or less, are the quickest method of replenishing an electric car's battery. But that added convenience means they're more expensive than home charging or slower public chargers. It's difficult to assign a precise cost to fast charging, given the wide variety of providers and payment models. Some stations charge by the kWh, while others charge by the minute. Many companies offer a membership in exchange for lower rates. On a recent trip to an Electrify America fast charger, I paid $26.59 for around 58 kWh of energy, worth roughly 180 miles of range in the Hyundai Ioniq 5 SUV I was driving. When you crunch the numbers, the cost to use a DC fast charger can be as much as — or more than — the cost to fuel a reasonably efficient combustion vehicle, depending on gas prices. Electric is almost always cheaperElectric cars are generally cheaper to refuel than their gasoline-drinking counterparts, particularly if you choose an efficient model and charge at home. As gas prices hover above $4 per gallon, the cost difference is even greater. According to a March analysis of per-mile fueling costs by the consulting firm ICF's Climate Center, it now costs roughly three times more to run a gas vehicle than an electric car. Get the cost per charge along with the cost per mile, month and year of running an average electric car. And see how you can cut your charging costs in half with 6 simple tips.Most people charge their electric cars at home. But how much does this actually cost? On average, in the US, it costs $5.59 to charge a standard electric car at home. It costs just 4 cents per mile, $50.51 per month and $606.15 per year to run an electric car, on average, in the US. It’s even cheaper to charge an electric car in Canada, but it’s considerably more expensive in the UK. Continue reading to get details about these calculations and see how much it costs to charge an electric car at home in 24 different countries. Also, find out the cost per mile, month and year to run the average electric car. If you’d like to work out your own costs without doing the math, use the Electric Car Electricity Cost Calculator here.  How to work out the cost of charging an electric car at homeTo work out the average cost of charging an electric car at home (for a single charge, and for for 1 full month and year of charging) we need 4 figures:
As most EV charging is done at home, according to the U.S. Department of Energy, let’s disregard the cost of charging at public charging stations. There are also many other factors that will impact the cost, such as driving style, terrain, temperature, time of day that you charge, battery age, EV efficiency, weight of contents, etc. But the below should give you an idea of what the average EV owner should expect to spend on electricity. 1. Average battery capacity of electric carsThe average battery capacity for electric vehicles worldwide is 43kWh. This is expected to increase to 45kWh in 2025. Source: Statista research. For context, the following is a list of the battery capacity of some popular EVs:
You might be interested in how long it takes to charge an electric car. So now that we have our 1st figure, 43kWh, let’s get our second figure. 2. Average electric car kWh per mileOn average, electric cars consume 34.6kWh per 100 miles (or 0.346kWh per mile). This is based on research of over 230 electric cars built between 2000 and 2022. Get more details about my research into the average electric car kWh per mile, including the most and least efficient electric cars. See the data: Electric Car kWh Per Mile List [277 kWh/Mile Listed]. So our second figure is 0.346kWh – electric cars, on average, use 34.6kWh to travel 100 miles, which works out as 0.346kWh per mile. 3. The average unit price of electricityTo work out the cost of charging an electric car, we need to know how much 1kWh of electricity costs. In the US the average cost per kWh is 13 cents, while in the UK it’s 22 cents (17p). Below, is a table with the average price per kWh across 24 different countries (source). Prices are in USD so, out of interest, we can see how the costs compare.
So now that we have the average cost per kWh, 13 cents in the US, we just need our fourth and final figure. 4. The average distance travelled per year by driversAccording to the United States Department of Transportation – Federal Highway Administration, the average distance travelled per year by US drivers is 13,476 miles. While this figure will vary by person and country, it’s a reliable average figure that we can use to work out the cost of charging an electric car, monthly and annually. Related post: List Of Electric Cars By Range [277 Ranges Listed]. Cost of charging an electric car at home – data summaryTo summarize, below is a list of the figures and the sources used to work out the average cost of charging an electric car at home.
Again, there are many variables that will impact costs. Averages from reliable sources are used to give you a good idea of the costs to run an electric car. So now that we have our 4 figures, we can easily work out the average cost of charging an electric car at home. The table below shows the average cost of charging an electric car across 24 different countries. The cost is broken down into cost per charge, monthly charging costs and expected annual charging costs for each country.
The costs listed above are based on travelling the average US driving distance (13,476 miles) in an electric car that has the average battery capacity (43kWh), which also achieves the average kWh per mile (0.346kWh/mi). The average cost per unit for each country was also used. Prices are in USD. See how much it costs per mile to drive 277 different models of electric cars, here. Interestingly, the EPA’s Fuel Economy Labels base their figures off 15,000 miles driven per year. This is above the average distance according to the United States Department of Transportation – Federal Highway Administration. As a result, cost savings noted on the Fuel Economy Labels are slightly higher than average by default. Not that I’m complaining! I just thought it was interesting. Not interested in the cost based on averages? Get your specific charging costs, use the Electric Car Electricity Cost Calculator. Cost of charging an electric car at home USAs can be seen in the table above, the US is the 7th cheapest country on our list to charge an electric car at home. On average, in the US, it costs $5.59 to charge a standard electric car at home. It costs just 4 cents per mile, $50.51 per month and $606.15 per year to run an electric car, on average, in the US. As mentioned previously, many factors come into play that impact the cost. Continue reading to see how you can minimize the cost of charging your electric car, and how you can reduce your carbon footprint even more. Related: see the cost of charging a Lucid Air electric car at home. And see how Lucid Air charging and running costs compare with Tesla, here. But first let’s take a look at our neighbour to the north. Cost of charging an electric car at home CanadaBased on the same factors, it’s even cheaper to charge an electric car at home in Canada compared to the US. Canada is the 5th cheapest country on our list, 2 places lower/cheaper than the US. In Canada, on average, it costs $4.73 USD ($6.25 CAD) to charge an electric car at home. In terms of distance, Canadians can expect to pay $0.04 USD ($0.05 CAD) in electricity per mile driving an average electric car. This works out at $42.74 USD ($56.50 CAD) per month and $512.90 USD ($678.07 CAD) per year, driving the average distance that drivers travel in the US. But what about the costs at the other side of the pond? Cost of charging an electric car at home UKThe UK is the 8th most expensive country on our list to charge an electric car. On average, in the UK, it costs $9.46 (£7.27) to charge an electric car at home. It costs $0.08 (6p) in electricity per mile to drive an average electric car in the UK. If driving the average distance of 13,476 miles per year, UK EV owners can expect to pay $85.48 (£65.65) per month and $1,025.79 (£787.86) per year charging a standard electric car at home. Cost of charging an electric car vs gasAs I mentioned, there are so many variables that impact the cost of charging and running an electric car. Driving behaviour, such as the distance you typically travel, is one of the key factors. But there is one overarching fact (unless you drive a 2001 or 2002 Ford Explorer USPS Electric), the cost of charging an electric car is significantly cheaper compared to fueling a car with gas. To get a better idea about the cost of charging an electric car under your own driving conditions, instead of using averages, use the tool below. You’ll also see a gas comparison under the same conditions. Enter your driving habits, or use the default averages, in the US Department Of Energy’s tool to see how much the cost of charging an electric car compares to the cost of gas. Cost of charging other electric vehicles at homeThere are many different types of EVs, but one that is growing rapidly in popularity is the electric bike. Compared to an electric car, electric bikes cost significantly less to charge and run. Under the same factors, such as distance travelled and unit cost, electric bike owners in the US can expect to pay just 3.5% of the running cost of electric cars. Get more details about the cost of charging an electric bike along with 8 easy ways to reduce your eBike charging costs. The charging cost of electric scooters are even lower than electric bikes. Check out the cost per charge, mile and year for electric scooters. 6 simple tips to reduce the cost of charging your electric car at home
Bonus environmental cost saving tip:
Final thoughtsThe cost of charging an electric car at home ranges between $3-$15 for a single charge. At 3-11 cents per mile, electric cars can save you a lot on fuel every year. There’s an opportunity for EV owners to reduce their carbon footprint even more by charging with green energy. Overall, while slightly more expensive, the cost savings on fuel are still substantial, especially if smart charging and of off-peak electricity price plans are used. If you’re interested in exploring another opportunity to reduce your bills and carbon footprint even more – check out the cost of charging an electric bike, here. To estimate your own costs, use the Electric Car Electricity Cost Calculator.
Is charging electric car at home expensive?Using the U.S. household average from June 2022 of about 15 cents per kWh, it would cost about $59 per month to charge an electric car.
How much does it cost to charge an electric car every night?Drivers in California may expect to pay 30 cents per kWh to charge on Level 2, and 40 cents per kWh for DC fast charging.
Can you plug an electric car into a regular outlet?You can charge your electric car using standard 120 volt(V) home outlets (Level 1), 208-240V outlets like those used by your dryer (Level 2), or dedicated 480V+ public fast chargers (DC Fast Charging). The time it takes to charge using each of these three options depends on your drive and the size of the battery.
How much does it cost to charge an electric car per charge?The average cost of charging an EV at a commercial charger, from almost empty to almost full, is between $10 and $30.
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Cost of charging electric car at home
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