Knowledge Hub · Electric vehicles · Explainer · 7 min read

Home EV charging: Level 1 vs. Level 2, install costs and real savings

Home charging can make an EV far cheaper per mile than gas; fast charging can erase it. Level 1 vs. Level 2, real install costs, and the per-mile math worked out.

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The EV pitch is usually “you’ll never buy gas again.” It skips the part that decides whether the car saves you money: where you’ll charge it. For example, at 15 cents per kWh and about 3.5 miles per kWh, home charging costs roughly 4 cents a mile. A 30-mpg gas car at $3.30 a gallon costs about 11 cents. At a fast charger around 45 cents per kWh, the same EV costs about 13 cents a mile, more than the gas car.

Before you sign for an EV, know three numbers: your cost per mile at home, what setup will cost, and your backup plan if you can’t charge at home. A Level 2 install can run a few hundred dollars or several thousand, depending on your panel and where you park. Below: whether you actually need Level 2, typical install costs, the full per-mile worked example, options for renters and apartment dwellers, how dealers sell charging, and the questions to ask before you buy the car.

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In the full guide

  1. Level 1, Level 2 and DC fast charging
  2. Do you actually need Level 2?
  3. What a Level 2 install typically costs
  4. The per-mile math: a worked example
  5. Renters and apartment dwellers
  6. How dealers sell charging, and what to watch for
  7. Questions to ask before you buy the car
  8. Your game plan
  9. What to say

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