Whats the savings of charging at home? Save ~$5 per week.

• Cost of electricity at home is $0.19/kWh (Dec 2023).
• Cost of electricity at chargers is $0.42/kWh (Dec 2023).
• Assume I get 4 miles per kWh.
• Assume I drive 100 miles per week.
• So I need to charge 100/4 = 25kWh per week.
• If I charge at home, that's 25 / $0.19 = $4.75 per week.
• If I charge at a charger, that's 25 / $0.42 = $10.50 per week.

Whats the setup cost of charging at home? ~$700

• Charging connector costs $500
• Breaker costs $100
• Wire costs $100
• Labor costs $0
• Total cost: $700

How long does it take to pay off the cost of charging at home? ~2 years

• $700 / ($10.50 - $4.75) = 100 weeks
• 100 weeks / 52 weeks per year = 1.9 years

Random Other Facts

• My house uses about ~270kWh per month. (winter)
• Battery pack in the car is 75kWh.