Cost of Charging an Electric Vehicle at Home
One of the most appealing features of electric vehicles (EVs) is the ability to charge them overnight, much like a smartphone. For most EV owners, visiting a public charging station is unnecessary unless they’re embarking on a long-distance trip. As of March 2025, the average cost of electricity at residential homes in the United States is 17 cents per kilowatt-hour (kWh), according to the U.S. Energy Information Administration.
Using an EV with a 75-kWh battery pack as an example, the average cost to charge at home would be $12.75. However, this cost can vary depending on several factors, including the time of day, geographical location, and the output of the Level 2 charger used.
EV owners have a couple of options for charging at home. They can use a standard 120-volt outlet, which recharges at a rate of 2-4 miles per hour. This method is particularly suitable for plug-in hybrids or drivers with low daily mileage. Since most garages already have electricity, there’s no additional installation cost. However, for those living in multidwelling units, obtaining approval from the board or homeowner association may be necessary, even for a simple extension cord setup.
Most EV owners prefer to install a Level 2 charger, which utilizes a 240-volt connection similar to those used for high-load appliances like refrigerators and dryers. Editors at Cars.com recommend this option, and several have installed Level 2 chargers in various settings, from detached garages to townhouses without garages.
Cost of a Level 2 EV Charger
The cost of a Level 2 EV charger can be broken down into hardware and installation costs. Typically, the hardware costs less than $1,000, while installation can exceed $3,000, depending on the home type and desired charger location.
Several companies offer home charging solutions, including automaker-specific options. According to J.D. Power’s 2025 U.S. Electric Vehicle Experience Home Charging Study, Tesla, Emporia, and Wallbox ranked highest in user satisfaction for Level 2 mounted charging stations. Many automakers partner with Level 2 charger suppliers to offer incentives for EV purchases. For instance, Ford is offering a complimentary home charger and installation through Qmerit with the purchase of certain models until early July 2025. Other manufacturers, such as Hyundai, Honda, and Acura, provide credits toward charger purchases or installations, or offer public charging credits.
Incentives for Home Charging Stations
The federal government currently offers a tax credit of up to $1,000 for home charging stations, covering 30% of the cost, provided certain criteria are met. These criteria include the EV charging port, essential components, and labor for installation. Additionally, states and local utility companies may offer their own incentives, making it worthwhile for EV owners to explore available options in their area.
