How Much Does It Cost To Install An EV Charger?

Last updated on December 5, 2024

Key Takeaways: EV Charger Installation Costs

Cost Range: Depending on complexity, total installation expenses typically range from $1,500 to $3,500.
Charger Types:

Type 1 (120V): $300-$600, slower charging
Type 2 (240V): $700-$1,800, faster and recommended

Installation Factors Affecting Cost:

Electrical panel proximity
Wiring complexity
Potential electrical panel upgrades
Permit costs ($100-$300)

Cost Breakdown:

Easy installation: $1,500-$1,800
Complex installation: $2,000-$3,500

Many homeowners are considering installing EV chargers in their homes and garages as the popularity of electric vehicles continues to sour. Having an EV charger at home provides convenient charging. However, considering this option means significant investment for potential buyers.

This article explores several factors, such as the type of charger and regional variations, that influence the cost of installing an EV charger.

Types of EV Chargers

Prospective buyers should first understand the types of EV chargers available in the market and their compatibility with their electric cars. There are two main types: type 1 and type 2.

Type 1 EV chargers are the most basic and are first-generation. They can be plugged into a 120-volt household electrical socket and are limited by their charging speed and power delivery. They are best used for overnight charging, providing between 4 to 5 miles of range per hour.

They are not recommended for those who travel long distances because they may need to recharge their electric cars often. They are typically priced between $300 and $600.

The type 2 charger is more versatile than the type 1. It is compatible with a 240-volt electrical outlet and delivers higher power, adding about 25 to 30 miles of range every hour, significantly speeding up charging.

However, type 2 chargers are more expensive and require more investment for potential buyers. Depending on the manufacturer and features, they typically cost between $700 and $1,800. Type 2 chargers are mostly recommended due to their reliability and versatility.

Installation Costs

The cost of installing EV chargers may vary due to several factors, such as location, complexity of installation, and existing electrical infrastructure. Associated costs include electrical wiring, installation fees, and the cost of the charger itself.

The nature of installation can be generally categorised as easy or hard.

The electrical panel is close to the desired charging point, so the wiring is minimal. Homeowners are expected to pay between $1,500 and $1,800 for easy installation.

Complicated installations are more complex. The electrical panel is far from the charging point and requires significant wiring work. The panel itself may need to be upgraded and requires the services of professional installers. The installation cost may range from around $2,000 to $3,500.

Additional Costs

Homeowners should prepare for additional costs separate from the amount spent purchasing the charger and labour. In many cities, permits are often required for electrical work and may cost from $100 to $300, depending on local regulations.

Before commencing the EV charger installation, it is necessary to check with local authorities for the cost and ensure compliance with building codes.

The charging location, which may be in the garage or parking area, may be located far from the electrical panel. Obstacles along its path may also require additional electrical fittings and complicate the wiring process. The extra wiring and electrical fittings may cost tens or hundreds of dollars.

Incentives and Rebates

Due to the high costs associated with installing EV chargers, many regions offer rebates to help with significant expense reductions. A typical option is the federal tax credit, which helps homeowners recover part of their expenses. Specific grants are also offered by some states and local authorities for the installation of EV chargers in residential buildings.

Rebates and grants can significantly reduce installation costs, up to several hundred dollars. Homeowners who are interested in acquiring EV chargers should seek and take full advantage of these options.

Choosing the suitable EV charger

Selecting an EV charger will impact the cost of installation. While it is expected to consider a cheaper alternative, advanced features and long-term benefits should also be considered. Some of the features that should be considered are:

Charging speed: You should install an EV charger that will maximise your charging efficiency in the shortest possible time.

Smart charging: A charger with this feature will protect your vehicles from overcharging and help you reduce costs by working off-peak hours.

Safety features: Electrical devices pose threats of electrocution and fire hazards. Your primary focus should be on a charger designed with safety features, though it may be more expensive.

Manufacturer: Go for EV chargers produced by manufacturers with good reputations for reliability. Experienced owners or consultants can help you select the best brands if you are new to electric vehicles.

Long-Term Considerations

Despite the initial high cost of installing an EV charger, the long-term benefits of having an EV charter may be more beneficial. Charging your electric vehicle at home or your convenience is cheaper than the premium added at public charging stations.

You can also take advantage of off-peak hours special rates offered by utility companies.

An EV charger adds value to your building. It becomes more attractive to potential buyers or electric car owners willing to rent a home. Also, it is environmentally friendly. It does not emit greenhouse gases or contribute to environmental degradation.

Here are the prices for supply and installation of different EV chargers by E-Green Electrical:

Tesla Gen 3 Wall Connector (7kW/22kW, Tethered 7M): $1,544
Autel MaxiCharger AC (7.4kW, Tethered 5M): $2,048
Autel MaxiCharger AC (22kW, Tethered 5M): $2,248
Wallbox Pulsar Max AC (7kW, Tethered 7M, Black): $2,398
Wallbox Pulsar Max AC (22kW, Tethered 7M, Black): $2,598

For more details, you can visit the EV Charger Installation page.

Conclusion

Electrical vehicles (EVs) have come to stay and will be with us for a long time.

Knowing the costs of installing EV chargers will assist you in selecting and acquiring the appropriate type of EV charger. Factors such as installation complexities, labour fees, and the cost of the charger itself project your expenses to range from $1,500 to over $3,500.

Installing EV chargers provides long-term benefits, such as adding value to your home and reducing carbon emissions. To significantly reduce your expenses, take advantage of government grants and rebates at the federal, state, and local levels.

As electric vehicles become increasingly popular and mainstream, having a personal, reliable home charging station will likely become an essential feature for many homeowners in the years ahead.

How Much Does It Cost To Install An EV Charger? – FAQs

1. What is the average cost of installing a home EV charger in Australia?

The average cost to install a home EV charger in Australia typically ranges from AUD 1,000 to AUD 3,000, including the charger unit and installation. Prices may vary based on the type of charger and specific installation requirements.

2. Which of the factors may affect the installation cost?

Many factors may influence installation costs:
Type of Charger: Typically speaking, Level 2 chargers that are installed for more common home usage are more expensive than Level 1 chargers.
Electrical Upgrades: If your home’s electrical system needs upgrades to support the charger (for instance, adding a new circuit or upgrading the electrical panel), you will incur a bit more.
Labour Costs: Rates for licensed electricians vary from state to state in Australia, thus affecting the overall installation cost.
Permits and Regulations: Other states or territories may have special regulations requiring permits or inspections, which raise the price.

3. Are there any government rebates available in Australia?

Yes, most states and territories of Australia provide rebates and incentives for installing EV chargers. Examples include:
New South Wales: Provides rebates as part of the NSW Electric Vehicle Strategy on in-home charging infrastructure.
Victoria: Provides grants for at-home EV chargers through an Electric Vehicle Charging Infrastructure Grants Program. Other states and localities may offer incentives, so it would be best to check with your local government or utility company for information about any incentives you might be eligible for.

4. Can I save the cost by installing the charger myself?

Some owners may opt to install a Level 1 charger, which can be plugged into a standard house outlet; however, hiring a licensed electrician, especially with the Level 2 chargers, is highly recommended for your safety and to meet Australian electrical standards.

5. What are the running costs after its installation?

You may expect the following running costs beyond its installation:
Electricity Costs: This can slightly increase your electricity bill, depending on how frequently you charge, but the cost is far below the petrol costs for a conventional vehicle.
Maintenance: Generally speaking, EV chargers don’t need much maintenance, but it’s always nice to have a little money aside for possible repairs and/or eventual replacements.

6. How long does it take to install an EV charger?

Installation of the EV charger usually takes a few hours or even the whole day, depending on the complexity of the installation process and any electrical upgrades that might be required.