If you drive a lot or electricity costs are high where you live, owning an electric car can be more expensive than owning a gasoline-powered one. But even though there are higher up-front costs associated with EVs, they have lower operating expenses over time because they don’t require oil changes or other maintenance like gas engines do.
If electricity costs $0.13 per kilowatt-hour (kWh), charging a fully depleted 66 kWh battery will cost about $9 to reach a full charge, but this is not a standard for everyone with an EV. There are many variables on which the amount depends.
The first step is knowing what determines the price of charging your vehicle. Three main components affect the cost, electricity rate, battery capacity (in kilowatt-hours), and miles are driven per day. Once we understand these variables, we can assume the actual cost per charge.
The cost of charging an electric car varies depending on the cost of electricity. In some areas, you can get a full charge for less than $2.00, while in others, it may be closer to $15.00 or more. If you live in a state where electricity rates are high, your monthly expenses could be significantly higher than those who live in states with lower rates.
The cost of charging an electric car varies depending on the battery capacity and type of charger used. Electric cars can be charged at home or public stations using a standard household outlet or a high-voltage station. If you have a car with 24 kilowatt-hours (kWh) battery capacity, it will take about 8 hours using a 240-volt charger. Using a 110-volt outlet instead will take about 40 hours for the same amount of charge.
Type Of Vehicles
It costs about $2 to fully charge an electric vehicle with a range of 100 miles. A full charge takes between three and five hours on most models. Some newer models can take as little as 30 minutes to reach 80 percent capacity if plugged into a high-power charger. Charging times vary based on the model year and battery size of your specific vehicle. The larger the battery pack, the longer it takes to recharge.