How Much Does It Cost to Install an EV Charger?
Understand the expenses and considerations for installing an EV charger to ensure efficient and convenient charging for your electric vehicle.
Installing an electric vehicle (EV) charger at your home or workplace is a significant step towards embracing sustainable transportation. The cost of installation can vary based on several factors, including the type of charger, installation complexity, and available grants.
Average Cost of EV Charger Installation
In the UK, the average cost to install a home EV charger ranges from £800 to £1,500, encompassing both the charger unit and installation fees.
Charger Unit:
3kW Charger: Approximately £250 – £500.
7kW Charger: Approximately £450 – £800.
Installation Fees: Typically between £400 – £700, depending on the installation's complexity.
Factors Influencing Installation Costs
Several elements can impact the overall cost of installing an EV charger:
Type of Charger: Higher-capacity chargers (e.g., 7kW) offer faster charging times but come at a higher price point.
Installation Complexity: Factors such as the distance from the main electrical panel, the need for additional wiring, or upgrades to your electrical system can increase costs.
Labour Rates: Electricians may charge between £45 – £60 per hour, with installations typically taking a few hours to complete.
Additional Features: Smart charging capabilities or integration with renewable energy sources can add to the overall expense.
Available Grants and Incentives
The UK government offers grants to offset the cost of EV charger installations:
Electric Vehicle Chargepoint Grant: This grant provides funding of up to 75% towards the cost of installing EV smart charge points at domestic properties, available to both tenants and landlords.
Benefits of Installing an EV Charger
Investing in an EV charger offers several advantages:
Convenience: Charge your vehicle at home or work without relying on public charging stations.
Cost Savings: Home charging can be more economical compared to public charging, especially when utilizing off-peak electricity rates.
Increased Property Value: Properties equipped with EV chargers may attract potential buyers or tenants, reflecting modern amenities.
Conclusion
The cost of installing an EV charger varies based on charger type, installation specifics, and available incentives. Taking advantage of government grants can significantly reduce expenses.