How much does it cost to install an EV Charger?

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Find out how much the EV Installation Cost is with the help of this detailed article that outlines essential information for efficient budget management.

To determine EV Charger Installation Cost, there are numerous factors at play. First, you have to select the type of charger that aligns with your home electrical system, among many other influential factors.

In this guide, we will be discussing what can be expected in terms of cost for installing an EV Charger. In addition to that, we will also be discussing what factors influence the installation cost, so that you can easily manage your budget. 

Major Factors Affecting EV Charger Installation Cost

The overall cost of installing an EV charger can vary significantly depending on the following factors, such as:

The Type of an EV Charger

The type of charger you choose is a major contributing factor in an EV charger. There are three basic types, and they are as follows:

Level 1

One of the basic chargers takes up to 120V. They typically use a standard housing outlet for charging purposes. These types of chargers are usually slower, as an hour of charging will only give you 2 to 5 miles.

The cost to install a level 1 charger is around $500, which can be more depending on a home's electrical system setup.

Level 2

Takes up to 240V, these chargers are faster, and they often require a separate circuit for the charging unit. The per hour charging of this level gives you about 25 miles. Level 2 charger typically ranges from $575 to $2000. This range is comprised of both EV charger equipment and labour

DC Fast Chargers

These types of chargers are not suitable for residential properties. They are commonly used in commercial settings. This is because installing such types of chargers in a home might require upgrading the electrical system. This might result in more costs than an EV charger itself. The cost of installing a DV fast charger is $10000 and can go even higher.

Analyzing Panel's Capacity

It is also important to analyze the capacity of a panel and if necessary, whether any electrical upgrade is needed or not. During Electrical Estimating Services, an estimator will evaluate both these factors. If your electrical panel is not up to the task or an upgrade is needed. Then these costs will be included in the installation cost estimate.

The cost of an electrical panel upgrade can be around $560 - $2500. Additionally, this cost can vary depending on the size of complexity of an electrical system.

Specialized Personnel Cost

For installing an EV charger, you need an expert who specializes in this kind of work. So, you will hire an electrician who specializes in this EC charger installation. They are the experts who are responsible that all the standards and regulations are followed in installing an EV charger. Typically, an electrician might charge $58 - $100, and it is subject to change depending on the location of installation.

Permit costs

In the United States, some areas require permits to install an EV charger. Especially if you are upgrading your electrical panel, then you will need a permit. If that is the case, then you have to add this cost in the installation process as well. Permit costs are around $55 - $300.

5)Other Additional costs

Other factors will also impact the overall installation cost. The first one is additional wiring to cover the distance between an electrical panel and charging location. These costs fall in the range of $200 - $605.

So far, you have obtained the knowledge about several major costs for installing an EV charger. Let's go through what you can expect in the installation process.

Installation Process of an EV Charger

Installing an EV charger consists of a few key steps, and Construction Cost Estimators can help to streamline the project with the help of an accurate budget. These steps are as follows:

 

  • Firstly, you will consult with an electrician for the installation and with estimators for the cost estimate. For an electrician, it is also important to have a site visit to get the general idea of what needs to be done

  • Secondly, if required, you will need permits for installing an EV charger. With the right experts, you do not have to worry about the permit and its approval. SMA MEP Estimate can not only provide you with accurate cost estimates. They will also take care of your permitting requirements and approval

  • Lastly, once the installation process is complete, they will test-run it and finalize the system for immediate use.

Bottom line

In the end, accurately determining the cost of an EV charger installation requires a thorough process. This process involves understanding the charger types and determining whether your electrical system is capable of handling the EV charger. In addition to that, you also have to account for some other essential cost factors. Apart from that, it is also important to have a basic knowledge about what to consider for an EV Installation process. All of these points have been discussed extensively in this article, for you have the complete know-how and can have a successful venture.

 

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