How much does it cost to charge your electrical vehicle at home?
Charging your electric vehicle at home can be simple and affordable. Your charging cost depends on how much electricity your car uses and what your electricity retailer charges per kilowatt-hour (kWh).
For example, if your electricity rate is 30 cents per kWh:
- 20 kWh of electricity costs $6
- 50 kWh costs $15
- 75 kWh costs $22.50
These figures are examples only. Your actual cost will depend on your electricity plan, the amount of energy used and charging losses.
How to calculate your EV charging cost
You only need two numbers to estimate the cost of a charge:
- Your vehicle’s battery capacity in kilowatt-hours (kWh).
- Your electricity rate in cents per kWh.
The calculation:
Battery capacity × electricity rate = estimated charging cost.
For example, charging a 60 kWh battery at 30 cents per kWh would cost $18 for a full charge, before allowing for charging losses.
You don’t need to charge from empty to full every time. To estimate the cost of your usual charging session, use the amount of electricity you expect to add rather than the full battery capacity.
