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August 9, 2023

Advantages of Installing an EV Charger at Home

  • Solar Technology

As an electric vehicle (EV) owner, you may be contemplating installing a home EV charger. You might wonder, “What are the advantages? Is it a financially sound decision?” Don’t worry, we’re here to guide you. Continue reading as we explore the value proposition and economic viability of investing in a home EV charger. 

EV Charger Benefits for Homeowners

Convenience: Perhaps the most significant benefit of a home EV charger is the sheer convenience it provides. It eliminates the need to find public charging stations and wait for your vehicle to charge. Simply plug in your car when you get home, and by morning, your EV will be fully charged and ready for the day.

Cost-Effective: While there’s an upfront cost for the installation of the charger, charging at home can be cheaper than public charging, especially if you take advantage of off-peak electricity rates. Over time, these savings can be significant. Charging your car overnight at home, as opposed to a public charging station, can save you as much as 30 percent.

Energy Independence: If paired with a home solar power system, an EV charger can provide even greater benefits. You can harness the power of the sun to charge your vehicle, reducing your reliance on the grid and fossil fuels. This leads to additional cost savings and contributes to a more sustainable future.

Increase Property Value: An anticipated 26.4 million electric vehicles will be on the road in the US by 2030. An EV charger can increase the value and appeal of your property, as more people are switching to electric vehicles and looking to buy or rent homes that can accommodate them.

Easy installation: EV chargers require no major renovations to your home. In most cases, installation only takes a few hours.

Safety: Home charging eliminates the need to use public charging stations, which can potentially be damaged or vandalized. Your home charging station ensures that you’re using a safe and well-maintained charging source.

Control Over Charging Speed: Home EV chargers come in various levels, allowing you to control the speed of charging. A Level 2 charger, for example, can charge your vehicle much faster than a standard Level 1 charger.

Investing in More than Power

By investing in a home EV charger, you’re not just buying a device to power your vehicle; you’re investing in convenience, efficiency, safety, and sustainability. If you have questions or are interested in installing an EV charger at your home, contact us today!

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Savings calculations are for estimation purposes only and assume a consistent year over year home electricity usage and a 3.9% average yearly utility rate increase.