Electric cars are the new types of cars that people love. Electric cars are offering more affordable options when petrol and diesel prices are touching the sky. Furthermore, this is also great for the environment as it reduces greenhouse emissions and air pollution.
Getting an electric car can be a fantastic investment if you install a charging point in your home. This can save you a lot of money and ensure your vehicle is always charged. If you have charging issues at your home, you don't have to go around the town searching for one. Hence, this is an amazing and the most convenient one out there.
However, finding the correct quote for installing the charging points in your home can be pretty challenging. Different countries are offering their packages and discounts. So, if you are thinking of installing a charging point in your home, here is everything you need to know about it.
How much does EV Charging Stations Cost?
The charging stations' cost varies on different parameters: Speed, the EV charger manufacturer, and so many other things. However, the normal range for installing EV charging stations is between £800 to £1000.
Most of the companies will charge you between the price that is mentioned above. But sometimes you might get lucky, and they offer discounts. Other than that, you also have the option of hiring an independent electrician for this work. But it is not guaranteed that he will be professional and install the charging points properly.
Cost Difference based on Speed:
An essential variable that can affect an electric charger's pricing is speed. The installation cost is the same for all the charging points. But the price point difference comes when you purchase the high-speed charging stations. If you choose a 7kW charging point and a 3.6kW charging point, you have to spend hundreds of pounds more. But the advantage of getting powerful charging stations at home is that your charging time will be reduced.
The most commonly used charging stations at home are the 22kW stations. The best kind of EV charging station for the home that will also provide the fastest charging to the cars is the 60.4kW EV charging station.
Electric Charging Stations in the UK vs. the US:
There is not a lot of difference between the two states. You can buy the charging stations in the US at slightly lower prices. However, the installation price is more expensive than that of the UK. So, when you calculate and compare them, you will see that both the places have almost equal pricing.
If we take an average estimation of the charging cost in the UK, then it is seen that the price range is between $1000 to $1200. If we change it into pounds, it equals £740 to £900. This means you must pay the same amount whether you install the charging stations in the US or the UK.
Does the government provide any help?
The government introduced Electric Vehicle Home charge Scheme for the people in the UK. This helps people cut costs by 75%, including the VAT. Unfortunately, now people cannot avail this scheme as it was only available till the end of March 2022.
But if you own or rent a flat, you can use the Electric Vehicle Home Charge Scheme.
The breakdown of the EV Charging Station Prices:
Here is a minor breakdown of the pricing and the different types of charging you will get at that price.
If you are getting a 7kW charging station, then it will cost you around £550. The 7kW charging station is perfect for most cars and even ideal to use as a home charging station. Besides the purchase, you also need to pay the installation cost of around £400.
After getting your charging station, you need to check the property and if it is safe for you to install the station. Next, you must ensure everything is required to install the charging station. The hardware and all the necessary equipment can cost you around £100. Other than that, you need to pay a few pounds here and there when people need to install the charging stations properly.
In the end, you need to pay the cost of labour. The standard pricing for this is around £300. So, you need to invest about £700 to £1000 if you want to install your charging stations properly by a professional.
Is it worth installing a Charging Station at Home?
Having an EV charging station in the comfort of your home can be very beneficial. You don't have to worry about the car's battery running out as you know you have the station at your home. Other than that, having electric vehicles is 71% cheaper than having a car that runs on petrol or gas.
Another great thing about the home charging stations is that you must invest only once. Unlike the public charging stations, you don't have to pay every time you go there. Hence, having an EV charging station is worth spending £700 to £1000 at the time of installation.
Will the Price of the Charging Station decrease?
There are a lot of possibilities that the prices of the charging stations and installation will decrease gradually. It is seen that when something is new in the market, the prices are high. But when it gets old, people start selling them at lower prices.
Having an electric car can be very beneficial. You can have a lot of advantages as they are much cheaper alternatives than petrol-driven cars. The only problem is finding the charging stations in your city. But that problem can be resolved by putting a station in your home. There are different car EV charger manufacturers such as BESEN EV charger who are providing the best car charging stations for homes. So, you just need to purchase from them and install the charger in your garage.