Average Costs of Charging An EV
Considering an electric vehicle (EV)? Imagine ditching gas stations for good! The money you'll save on fuel could even cover a significant chunk of your EV's initial price tag. Before you dive into our impressive selection of EVs for sale, get the full picture on charging costs. Our guide breaks down everything you need to know about average EV charging expenses, both at home and at public stations.
Charging from Home
Keeping your EV charged at home, whether with a standard outlet or a dedicated station, is usually the easiest and most common approach. But how do you figure out the cost? It's all about electricity per kilowatt-hour (kWh). As of November 2020, the national average for electricity in the U.S. was roughly 13 cents per kWh.
Want to know how much it costs to charge your EV? It's simple: just multiply the average electricity cost per kWh by your car's battery capacity. For instance, a 2022 Nissan Leaf has a 40 kWh battery. At the national average of 13 cents per kWh, a full charge would cost roughly $5.20 for the typical American driver. While every EV is unique, this straightforward calculation remains the same for all.
Charging at a Public Station
As public EV charging stations pop up nationwide, range anxiety is becoming a thing of the past for electric vehicle owners. While the convenience is undeniable, public charging often comes at a higher price than juicing up at home. The good news? Dedicated apps make paying for a charge quick and simple. Just be aware that many stations bill you by the minute your vehicle is plugged in, rather than by the actual electricity consumed.
Plus, many EV makers throw in free subscriptions to public charging networks with a new vehicle. Some charging networks even sweeten the deal with reduced fees or unlimited access for their members. As EVs gain traction, expect to see public charging stations pop up everywhere.
When to Recharge Your EV
Did you know when you charge your EV can impact your wallet? Charging during "off-peak" hours could lead to bigger savings. Generally, electricity use is lowest from midnight to 6 AM in the U.S. Conversely, demand typically surges around 6 PM, as folks get home and power up their devices. Plan your charging schedule wisely!
Did you know that many utility companies offer lower rates during off-peak hours? You can save a lot by charging your EV at these times. Plus, many EV models come with programmable charging, letting you set a schedule that fits your needs and tracks your charging status.
Charge Your Way Into an Electric Future With Niello MINI Today
Electric cars are the future—convenient, cutting-edge, and more affordable than ever. Ready to take the leap? Stop by Niello MINI in Sacramento, Roseville, or Folsom, CA, and experience the ride firsthand.
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