- Charging an EV at home typically costs between $10 and $15 for a full charge.
- Public fast charging can cost $10 to $30, depending on speed and location.
- Adding 100 miles of range to an EV can cost as little as $2.80, much cheaper than gasoline.
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The cost to charge an EV largely depends on your electricity rate and the vehicle’s battery capacity. According to Kelley Blue Book, the average U.S. household electricity rate is about 16.26 cents per kilowatt-hour (kWh). So, charging a 66 kWh battery (like that of a Chevrolet Bolt EV) would cost approximately $10.73.

Home Charging is Your Wallet’s Best Friend
Charging at home is typically the most economical option. Edmunds notes that at the national average electricity rate, it costs about $11 to charge a 65 kWh battery using a Level 2 charger.

This means you can wake up every morning to a “full tank” without breaking the bank.
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Public EV Charging is Convenience at a Premium
While public charging stations offer convenience, especially on long trips, they often come at a higher cost. Car and Driver reports that using a DC fast charger can cost between $10 and $30 to charge your EV, depending on the charger’s speed and your vehicle’s capacity.

So, while it’s quicker, it’s also pricier.
Comparing to Gasoline Vehicles
Let’s put this into perspective. According to NerdWallet, adding 100 miles of range to an EV costs between $2.80 and $30, depending on various factors.
In contrast, fueling a gasoline car for the same distance can be more expensive, especially with fluctuating gas prices. This makes EVs not only environmentally friendly but also cost-effective.

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Factors Influencing Charging Costs
Several elements can affect your EV charging expenses:
- Electricity Rates: These vary by location and provider.
- Charging Speed: Faster chargers often cost more.
- Time of Use: Some utilities offer lower rates during off-peak hours.


EV Full Charge Costs Just $10-$15 at Home
Fully charging an EV typically costs between $10 and $15, especially when charging at home. This affordability, combined with environmental benefits, makes EVs an attractive option for many drivers.
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SOURCE | IMAGES: KELLEY BLUE BOOK, CAR AND DRIVER, EDMUNDS, NERDWALLET | ELECTRIFY EXPO
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