t EV Charging Stations Costs | TPS

How much do EV Charging Stations Cost?

Car charging with Garo EV Charger

EV charging stations cost from $750 to $2,500 for a level 2 home setup, from $1,950 to $3,000 for a level 2 AC public charger and start from $40,000 for a type 3 DC charger.

But what goes into the specifics of each, and what are the other factors to consider? Below is a guide below on each.

Level 1 Home EV Charging Station Costs

For the infrastructure required to charge a vehicle at home, there may be no additional cost.

Cost will become a consideration however depending on existing electrical infrastructure and the needs of the vehicle owner.

Many electric vehicles can be charged from an existing general power outlet (Or “GPO” which is a normal “powerpoint”), therefore meaning no additional cost and installation is required to leverage this solution.

However, that may not always be the most practical option depending on the condition of your electrical setup. Additionally the charge rate of level 1 chargers can be slow, taking up to 24 hours or more to fully recharge an EV. So in some situations it might be worth considering installing a specific level 2 home charger.

When installing a level 2 charger the hardware itself will range from between $750 to $2,500.

The installation for a home charger must be performed by an electrician and can cost around $800 if the electrical switchboard is close to the charger location. In more complex situations, where longer cable runs or upgrades to switch boards are required, installation cost may be upwards of $1,800.

Level 2 Public AC EV Charging Station Costs

For a public charger, such as in a car park or hotel, EV charging stations themselves cost between $1,950 and $3,000 for a single port solution, with installation costs of $6,000 or more.

Costs increase for stations with additional ports, and vary further depending on if they’re wall or pedestal mounted.

These level 2 charging stations are the type most often seen outdoors, and charge faster than a general power outlet (gpo or “powerpoint”) fully charging a 24 kWh battery in 2 to 5 hours, adding an extra 40 to 100km of range per hour of charge.

The other factor that shapes the total cost is the specific installation. For commercial EV charging, the installation itself can make up to 60% to 80% of the final cost. Car parks, apartment buildings and hotel installations, where electrical infrastructure might already exist, represent the simpler cases. For these a cost of around $6000 would be expected, with the EV charger and wiring wall mounted.

For outdoor installations, such as pedestal or kerbside installations, these installation costs can be much higher, often due to the additional trenches, cabling and circuits required.

Level 3 Public DV EV Charging Station Costs

Level 3 EV charging stations cost between $40,000 and $100,000 per charging station, with installation an additional $15,000 to $60,000 depending on the specifics of the project.

These are the charging types most often found on highways and at service stations, and are able to recharge a vehicle fully in around 45 - 60 minutes, with charge speed significantly reducing at around 80%. With this in mind you can get a majority charge within about 15-20 minutes. They are often referred to as ultra-fast chargers.

Like level 2 installations, the cost to install these charger types is high, often shaped mostly by the existing electric infrastructure, and proximity to the desired location of the charger. Additionally, level 3 chargers often require a 480 volt transformer to be installed, and due to their very high current draw, upgrades to the electrical infrastructure to support. It’s for this reason that installation costs can range widely between $15,000 and $60,000.

Costing My Situation

As you can tell from the above, the specific scenario for your installation often plays the biggest impact on price. As a result, it may be difficult to know exactly what your project will cost you from the above.

That’s why the best solution is to get in touch with a few details about your project. As Commercial EV Charging experts we have the right experience to quickly determine the total cost of your project, delivering you a range of options to choose from.

EV Charging Station Costs FAQs:

How much does it cost to install a public EV charging station?

Between $6,000 and $60,000 for installation, plus $1,950 and $3,000 for the level 2 charging equipment or $15,000 and $60,000 for the level 3 charging equipment.

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