How much does it cost to charge an electric car and what do you need to know about the electric car charger installation process? These are both particularly important questions when we consider the fact that a growing number of consumers are finally learning to appreciate the benefits of electric vehicles. This is also why there are a handful of variables to address before hiring a qualified electrical contractor. Let us now look at the basics to make the right decision at the right time.
Electric Cars in Ireland
Current studies estimate that just over two per cent of the private vehicles within Ireland are powered by electrical means. However, it is important to note that they are on the rise. The government aims to place no fewer than 900,000 electric vehicles on the road by the year 2030.
Of course, there are many reasons behind this move. Electric cars are an environmentally friendly option when compared to fuel-powered vehicles. This is important for those who hope to combat the negative effects of climate change. Another point to highlight involves the fact that consumers will save a significant amount of money from a long-term point of view. This is due to higher levels of efficiency, smart maintenance solutions and better tax incentives.
The good news is that public charging stations are free to use. Still, a growing number of individuals are interested to learn more about domestic options. What is involved with an electric car charger home installation? How much power does the average vehicle consume? How do electricity rates come into play? How much does it cost to charge an electric car? These topics deserve closer attention.
The Costs to Charge a Car at Home
It is crucial to examine the average costs associated with domestic charging methods. Most consumers can expect to pay approximately €0.16 if they charge their car during daylight hours (in terms of kilowatt-hours or kWh). It should also be highlighted that these rates can drop to as low as €0.08 in the evening. How does this relate to the average electric vehicle?
Most cars will consume 15 kilowatts for every 100 kilometres that they are driven. This equates to an average cost of €1.80. When we then remember that most journeys within Ireland are local (not more than 20 kilometres), the average consumer will only need to use an electric car charger twice each week. Furthermore, the average cost for a week of charging should not exceed €5.
Long-Term Costs to Consider
To understand why so many are choosing a professional EV charger installation it is also wise to examine the long-term costs associated with electrical vehicles. If we use the figures mentioned in the previous section, the savings add up. Those who drive their vehicle approximately 20,000 kilometres each year can expect to pay roughly €400 in charging costs.
How Much Does it Cost to Charge an Electric Car at a Public Station?
The next question involves the price of public charging stations when compared to those designed for domestic use. While public AC chargers are currently free, DC “fast” charging stations are priced at €0.33 per kilowatt-hour. This figure drops to €0.29 for those who pay a monthly fee. So, it is clear to see that drivers can save a massive amount of money when choosing to use an electrician who will install a standalone home-based charging port.
Electric Car Charging Versus the Cost of Petrol and Diesel
It is a well-known fact that the costs of petrol and diesel are on the rise. Here is a breakdown of the current prices:
- Petrol: €1.43 to €1.47 per litre.
- Diesel: €1.34 to €1.37 per litre.
Therefore, the costs associated with driving 100 kilometres can range between €7.48 to €13.13. When we then extrapolate these figures out to a single year, drivers who travel 17,000 kilometres can expect to pay €1,365 (using the conservative €1.43 per litre of petrol). This is much more expensive when compared to the €204 per year based on a domestic station that can be used to charge an electric vehicle during the overnight hours.
Simply stated, consumers may be able to save as much as €1,059 every year by switching from petrol to electric. In relation to diesel, these figures are even more impressive. Drivers can reduce their expenditures by up to €1,489 annually travelling 24,000 kilometres.
The Benefits of Solar Panel Installations
Choosing electrical vehicles is an excellent way to protect the environment as well as to reduce the costs associated with travel. However, some will claim that these types of vehicles are more expensive when compared to their traditional counterparts. One way to offset such an investment is through the use of solar panels.
Government studies have already highlighted that a single square metre of solar panels can reduce the heating costs of a home by as much as €600 each year. In the same respect, it is important to note that solar panels will help to reduce the price of charging a vehicle, as the power supply is not related to mains electricity. Furthermore, issues such as common electrical maintenance and periodic inspections are kept to a minimum; providing a much higher return on investment (ROI) as time goes by. Let us also remember that the presence of solar panels is another way to lower the carbon footprint of any home
What About Government Grants for EV Chargers?
Thankfully, there are other ways to reduce the costs of an electric car charger installation. The Irish government currently provides homeowners with grants worth up to €600. Any applicant will first need to own a new or used electric vehicle. Here are some additional qualifying criteria:
- The vehicle must have been purchased after 01/01/2018.
- The vehicle cannot be parked on the street while charging.
- The electric charger needs to be connected to the fuse box within the home.
- No previous EV grants can be associated with the property in question.
Additional information can be found at the official government website. Check it out here.
Frequently Asked Questions
Are all-electric car chargers the same?
While the plugs and cables tend to be standard, specific EV brands may use different charging protocols. It is therefore important to ensure that the right charger is chosen in advance. Please look at this article for more information.
How much is a charger for an electric car?
The price of car chargers will vary. The best way to learn more is to consult with our experts.
How much does it cost to install an electric car charger at home?
The average price of an electric car charger is €. Please contact us to learn if any additional fees or surcharges apply.
Are electric car chargers universal?
All vehicles use standard plugs and sockets for charging purposes. However, different charging speeds can vary. This may also depend on whether alternative current (AC) or direct current (DC) is used.
What cable size is used to charge an electric car?
This depends on the age of the vehicle. Older models require cables rated at 16 amperes while new units often employ a 32-ampere cable. Factors include the amount of power being sent to the vehicle and charging times.
Learn More About Your Options
How Much Does it Cost to Charge an Electric Car? I hope we answered this question throughout the article. Would you like to learn more about the benefits of domestic EV charging stations? Do you have questions regarding the cost of the installation, how much money you can save over time, solar panel grants, if solar panels are worth it in Ireland? If so, please take a moment to contact one of our solar panel specialists. We will be more than happy to address any questions that you may have as well as highlight the many other services that we provide to clients throughout Cork and the surrounding regions.