EV Charger Price – Everything You Need To Know
The price or cost is the first thing that strikes into the mind of the potential buyers of EV chargers. EV chargers play a vital role in charging the battery of the EV and making EV owners contribute to the environment positively. There are different EV chargers, and each one has a different cost.
Acquiring the information each time and making a wise decision is essential. This information will also help you know if the particular type of EV charger cost is under your budget or not. Sounds interesting? Just read this article and follow PIWIN to get insights on different EV charger prices, installation costs, charging costs, and more.
Cost Of DC Fast Charger
The cost of the DC fast charger is not fixed. Rather it lies in the range of $15000 up to $50000. Several things decide the final cost of the DC fast charger. Some of the critical things that need your attention are:
1. Output Power
The output power of the DC fast charger is the critical factor that affects the end cost. The greater output power of the DC fast charger means you need to pay a higher price. In contrast, for the lower power charger, you don’t need to pay lower. Consider the cost of the DC fast charger depending on the power (in kW).
| Sr.No. | Output Power (kW) | DC Fast Charger Cost ($USD) |
| 1 | 25 | $20,000 up to $25,000 |
| 2 | 50 | $30,000 up to $35,000 |
| 3 | 100 | $40,000 up to $45,000 |
| 4 | 150 | $50,000 up to $55,000 |
| 5 | 200 | $60,000 up to $65,000 |
| 6 | 350 | $75,000 up to $80,000 |
2. Features and Technology
The level of technology used in making the DC fast charger and its features influence charger cost. For instance, the charger offers a user interface, multiple connectivity options, a wide range of compatibility, etc. Such chargers have high-end prices. On the other hand, chargers that are not advanced and need up-to-date technology are usually cheaper.
3. What Is a DC Fast Charger?
You can define a DC fast charger as one that offers higher-speed charging. These chargers are faster than AC (Alternating Current) chargers. DC fast chargers do not have any converter for AC to DC conversion. They supply DC directly to the EV battery.
The output power of the DC fast chargers lies in the range of 50 kW up to 400 kW. The total time you need to charge your EV on a DC charger is 15 to 45 minutes. You can travel around 200 to 250 km within this time range. Get insights on the needed time against different output power levels while charging with a DC fast charger.
| Sr.No. | Power Output(kW) | Approx. Charging Time up to 80% (Minutes) | Notes |
| 1 | 25 | 60 up to 90 | Low Battery Capacity EVs |
| 2 | 50 | 30 up to 60 | Applicable to wide range of EVs |
| 3 | 100 | 15 up to 30 | Suitable for Larger EVs |
| 4 | 150 | 10 up to 20 | Compatible with Evs that supports ultra fast charging |
| 5 | 200 | 8 up to 15 | Features limited availability |
| 6 | 350 | 5 up to 10 | Pinnacle of fast charging, offering ultra-quick top-ups for highly compatible EVs. |
You can find these chargers on highways and at public charging stations. These chargers cater to quick battery replenishment, allowing you to carry out long tours/trips conveniently.
4. How Much I Will Spend To Buy The DC Fast Charger?
How much you will spend to acquire a charger varies and depends on your location. This is because some government states offer incentives for installing the DC fast charger. The subsidy varies from region to region, as well as the fund’s availability.
For instance, if your state offers a 50% subsidy, you can get a $50,000 DC fast charger for just $25000. Other factors also decide the total cost of the DC fast charger, as discussed in the above section.
- For a basic-level DC fast charger, you must pay between $10,000 to $30,000. The output power of these chargers lies anywhere between the 24 kW to 50 kW. This charger type is suitable for smaller businesses and public locations.
- For a mid-range DC fast charger with an output power between 50 and 150 kW. You need to pay the price ranging from $30,000 to $60,000.
- In the end, the higher-power DC chargers have more than 150 kW output power. You can experience a total cost of $60,000 up to $100,000. These are heavy-duty chargers which are highly suitable for heavy-duty applications.
Please note that the above cost range varies. The exact cost depends on the brand you select and the type of DC fast charger you choose. It is vital to get quotes from multiple DC fast charger suppliers to get a quote and make a wise choice.
5. DC Fast Charger Cost Per Kwh?
The cost of charging with a DC fast charger varies and depends on the charger type you select. The table below finds valuable information on the average and cost range for charging on different power DC fast chargers. Usually, the higher power chargers usage in charging makes you face higher charging costs and vice versa.
| Sr. No. | Type of DC Fast Charger | Power Output (kW) | Average Cost /kWh ($USD) | Range of Cost / kWh ($USD) |
| 1 | Basic DC Fast Charger | 25 up to 50 | $0.25 up to $0.35 | $0.20 up to $0.40 |
| 2 | Mid-Range DC Fast Charger | 50 up to 150 | $0.30 up to $0.40 | $0.25 up to $0.50 |
| 3 | Higher-Power DC Fast Charger | 150 up to 350 | $0.35 up to $0.50 | $0.30 up to $1.00 |
6. How Much Does a 150 kW DC Fast Charger Cost?
The cost of the 150 kW DC fast charger is in the range of $40,000 to $50,000. The main reason for this cost range is different brands have variable costs for 150 kW DC fast chargers. This is because each charger has different features in terms of convenience, charging speed optimization, and full control catering to the charging process. The cost also depends on the brand experience and reputation in the market.
7. How Much Does It Cost To Install?
In general, the installation cost of the DC fast charger is $20,000 up to $100,000. Discover right in this section what contributes to this cost range. Multiple factors greatly affect the installation cost of the DC fast charger. Some key factors and their cost are as follows:
| Sr. No. | Parameter | Expected Cost ($) |
| 1 | Preparation of Site | $500 up to $25,000 |
| 2 | Electrical Infrastructure | $10,000 up to $25,000 |
| 3 | Power Capacity | Variable depending on kW rating |
| 4 | Permitting and Regulatory Compliance | $50 up to $150 per charger |
| 5 | Labor Costs | $100 up to $300 per hour |
| 6 | Material Costs | $500 up to $15,000 |
| 7 | Accessibility and Location | Variable depending on location |
| 8 | Network Connection and Communication Systems | $500 up to $5,000 |
1. Preparation of Site
Assess if the location where you are going to install the DC fast charger requires extensive preparation. This includes the grading, excavation, site preparation work, etc. You may need to level the ground, build the shading infrastructure, etc. This involves a lot of cost.
2. Setting Up Electrical Infrastructure
Determine if you need to set up a new electrical infrastructure or if the site already has access. You may not need to bear this cost if an infrastructure already exists and has the desired power capacity. If an upgrade is needed, you may need to bear the higher cost. You must do this for the switchgear, transformers, and distribution system.
3. Total Power Capacity
The total power of the DC fast charger also influences the total installation cost. Higher power output DC fast chargers require advanced, latest, and upgraded electrical infrastructure.
4. Regulatory Compliance and Permitting
The upgrade permits or regulatory compliance require additional costs. This process dramatically varies depending on the location. Each region has its own specific regulatory and permitting requirements. You need to pay the fees to smooth out the permit acquisition.
5. Cost of Labor
Labor plays a vital role in setting up the DC fast charger. The charges of the highly skillful labor electricians are higher. Labor cost also depends on the area and varies. If the process involves extra installation complexity, you may need to bear high costs.
6. Cost of Material
The quality and material type you use notably influence the cost. Different materials include electricity components, wiring, charger components, conduits, etc. Apart from this, the material quality you will choose also affects the total cost.
7. Land Location and Accessibility
The location of the installation of the DC fast charger and its accessibility to the people matter. The land that is near to the commercial place has higher-end costs. So consider this factor.
Cost Of AC Fast Charger
This section will highlight the cost of the AC fast charger in every aspect. Keep reading:
1. What Is AC Fast Charger?
The AC fast charger also refers to the level 2 charger. The output power of this charger lies in the range of 7 to 19 kW. This charger is faster than the level 1 charger. Using this charger, you can charge up your vehicle in 2 hours up to 6 hours. You can access this charger in public stations and commercial charging stations.
The good thing about these chargers is that they offer a wide range of compatibility with many connectors and vehicles. Almost any vehicle can access and use this charger. The level of safety of using this charger is far more than that of the DC fast charger. It does not haphazardly affect the battery health and your EV charging system.
2. How Much I Will Spend To Buy The AC Charger?
The cost of the AC fast charger varies and depends on multiple things. The cost you must pay for the different output power AC fast charger is as follows:
| Sr. No. | Charger | Power Output (kW) | Price ($) |
| 1 | AC Fast Charger | 7 | 200 up to 500 |
| 2 | AC Fast Charger | 9 | 300 up to 700 |
| 3 | AC Fast Charger | 11 | 400 up to 800 |
| 4 | AC Fast Charger | 15 | 500 up to 1000 |
The cost range reflects that the number of additional features and latest technology incorporation dramatically impacts the cost of the charger. For instance, the cost will be higher if the charger features intelligent charging optimization, a good charging interface, and premium quality. On the other hand, the cheap charger does not have these features and lower life, and you need to bear the lower-end cost.
3. AC Fast Charger Cost Per kWh?
The charging cost depends on the charger output power and the charging duration. The following table highlights the cost you can bear on different power levels and durations, such as:
| Sr. No. | Output Power (kW) | Duration (hours) | Estimated Cost per kWh (USD) |
| 1 | 7 | 1 | 0.10 up to 0.20 |
| 2 | 7 | 4 | 0.08 up to 0.15 |
| 3 | 9 | 1 | 0.12 up to 0.25 |
| 4 | 9 | 4 | 0.10 up to 0.20 |
| 5 | 11 | 1 | 0.15 up to 0.30 |
| 6 | 11 | 4 | 0.12 up to 0.25 |
Although the cost mentioned above varies depending on the availability of the charger, time of the day, rate of electricity, and efficiency of the charger. The minimum and maximum costs listed in the above table are just to give you an idea. You may bear the cost of charging anywhere in this range.
4. How Much Does Level 2 Charger Installation Cost?
The installation of the level 2 charger lies in the range of $500 up to $4000. Get insights on the cost of each parameter right in the table below:
| Sr. No. | Parameter | Description | Cost Range |
| 1 | Site Preparation | Minor grading, trenching for cables (if needed) | $0 up to $500 |
| 2 | Electrical Infrastructure | New 240V outlet installation, panel upgrades | $500 up to $3,000 |
| 3 | Existing 240V outlet is readily available | $0 up to $200 | |
| 4 | Power Capacity | Higher kW chargers may require additional infrastructure upgrades | Varies with kW requirement and existing infrastructure |
| 5 | Permitting and Regulatory Compliance | Local permits and inspections | $50 up to $150 per charger |
| 6 | Labor Costs | Electrician hourly rates | $100 up to $300 per hour |
| 7 | Installation Time | Typical time for standard setup | 2 up to 4 hours |
| 8 | Material Costs | Wiring, conduits, connectors, safety equipment | $100 up to $500 |
| 9 | Accessibility and Location | Remote or challenging locations may require additional logistical considerations | Varies depending on complexity |
For better understanding for each of the above parameter refer to the 1.5. Please note that the DC fast charger’s installation cost is much more than the level 2 or AC fast charger.
FAQ
Here are some common FAQs for your consideration
1. How do you calculate the 12V DC charger price?
Different things can help you assess the exact price of the DC charger. Some key things are as follows:
- Determine the charger cost from different brands. Please note that each brand caters to different quality, making the price variable.
- Find out the amperage of the charger; the higher the ampere it supports, the higher the cost associated with the charger.
- Assess the additional features of the charger. These features include multi-charging modes, the latest charging technology, safety features, user control level, charging optimization, etc. The plethora of feature availability adds up to additional cost to the total cost of the charger.
- If the charger supports portability or not, if it is portable, it adds up to the convenience of charging anywhere. Indirectly, this feature means you need to bear a lot of costs.
- The level of compatibility matters, if it has certain limitations and narrow compatibility, then you cannot charge multiple vehicles with this charger. This represents the lower cost.
- Compare the cost of the different DC fast chargers from different brands or manufacturers. This will help you give an exact idea about the process of the DC charger.
- Calculate the cost of the installation of the charger. You can read the customer reviews relevant to chargers from social media sites or brand pages. This will help you determine the exact cost and assist in making wise decisions.
2. How To Calculate The Cost To Charge Tesla At Home 1000?
You can use the formula in the table below to calculate the total cost. First, assess the range of the Tesla model you want to charge/ kWh. Divide the distance with the range. This will help you get the energy consumed. No, multiply the energy consumed by the electricity rate in your region. This will give you the cost you need to bear for charging your Tesla at home.
| Sr. No. | Parameter | Assumed Value |
| 1 | Tesla Model Range per kWh | 250 miles/kWh |
| 2 | Distance Traveled | 1000 miles |
| 3 | Energy Consumed (distance / range) | 4 kWh |
| 4 | Electricity Rate | $0.15 per kWh |
| 5 | Estimated Charging Cost (energy * rate) | $0.60 |
Conclusion
The above article highlights various aspects associated with the cost of DC fast chargers and Level 2 chargers. Using the above information, you can now calculate the cost of using, buying a DC Charging Station, and installing a DC fast or level 2 charger. If you find this information useful or not, please let us know. You can share your feedback on this using the comments section.
