Are you looking to buy an electric vehicle but worried about the cost of charging? With an estimated 1.3 million electric vehicles on the road in the United States, there are many options for charging stations, each with different costs associated with them.
In this article, we’ll break down the cost per charge of Level 1, Level 2, and DC fast charging stations, and explain the advantages and key takeaways associated with each.
Level 1 Charging Stations
Level 1 charging is the slowest form of EV charging, requiring a standard 120-volt household outlet. These charging stations can provide around 4 miles of driving range per hour of charging, making them best suited for overnight charging.
- Cost: Level 1 charging stations are relatively inexpensive since they use standard household outlets, meaning no installation costs.
- Advantages: Level 1 charging stations are perfect for charging overnight, when vehicles are parked for a longer period.
- Key Takeaway: Level 1 charging stations are a cost-effective and convenient option, but their slow charging speed makes them less optimal for those who use their vehicle throughout the day.
Level 2 Charging Stations
Level 2 charging stations use a 240-volt outlet and are installed at home or at public charging stations such as parking garages or businesses. These charging stations can provide up to 25 miles of driving range per hour of charging, making them a better option for individuals who need to charge their electric vehicle throughout the day.
- Cost: The cost of a typical Level 2 charging station ranges from $500 to $1,500, depending on the features and installation costs.
- Advantages: Level 2 charging stations offer much faster charging time than Level 1, making them a more convenient option for drivers who use their vehicle frequently.
- Key Takeaway: Level 2 charging stations are ideal for individuals who need to charge their car during the day, but can be more costly to install and use.
DC Fast Charging Stations
DC fast charging stations are the fastest form of EV charging available. These charging stations use direct current (DC) electricity, which is transferred directly to the car’s battery rather than through a converter. DC fast charging stations can provide up to 90 miles of driving per 30 minutes of charging, making them ideal for individuals who need to charge their vehicle quickly.
- Cost: DC fast charging stations can be expensive to purchase and install, with the cost averaging between $30,000 to $45,000. However, some charging stations are subsidized, making them more affordable.
- Advantages: DC fast charging stations offer incredibly fast charging speeds, making them the ideal option for those who need to charge their vehicle quickly.
- Key Takeaway: DC fast charging is significantly faster than Level 1 and Level 2 charging, but can be much more expensive to install and operate.
When deciding on an EV charging station, it is important to consider the costs associated with each type of charging station. While Level 1 charging is the most cost-effective option, Level 2 and DC fast charging stations offer faster charging times for those who need to charge their vehicle more frequently. Whether you are looking to install a charging station in your home or business or need to charge your EV while on the go, considering the cost per charge and advantages of each charging station will ensure that you make the best decision for your needs."