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Benefits of Installing an Electric Vehicle Charging Station

Installing an electric vehicle charging station at your home or business provides a number of benefits, including convenience, cost savings, and reduced emissions. By providing access to a private charging station, you get more control over the charging process and can ensure that your vehicle is always charged and ready to go. Additionally, you can save money and avoid the hassle of finding a public charging station. Furthermore, owning an electric vehicle and installing a home charger can contribute to reducing greenhouse gas emissions for our planet. Finally, as EVs become more common in the market installing an EVSE at home or workplace can also boost your property’s value.

Imagine driving your electric car into your garage after a long day at work, plugging it into its professionally-installed, energy-efficient charging station, and waking up to a fully charged vehicle ready to tackle another day. No more stops at the petrol station. No more unpredictable fuel costs. This isn’t just an ode to the future – it’s reality today with an Electric Vehicle Charging Station at home. 

This article will delve into the plethora of benefits that come with installing an Electric Vehicle Charging Station – say goodbye to range anxiety, curate considerable savings, and contribute positively towards environmental sustainability. Clear your doubts and ready your questions as we embark on this electrifying journey.

Table of Contents

Cost Comparison: Fuel vs Electric Power

As electric vehicles are becoming increasingly popular, more and more people are considering the cost comparison between fuel-powered vehicles and electric ones. While fuel prices may fluctuate based on various factors, including oil reserves and political turmoil, electric power costs remain constant.

For instance, the average cost per mile for a petrol-powered car can range anywhere from 14 to 19 pence per mile, depending on the type of vehicle. On the other hand, electric cars average around 9 pence per mile.

But let’s not forget about maintenance and repairs. fuel-powered cars require routine oil changes, philtre replacements, and other costly tune-ups. Not to mention that engine wear and tear is practically inevitable within time. But with an EV, there are far less components that require maintenance or replacement, such as spark plugs or belts.

electric vehicle being charged from home

It’s also important to note that certain tax credits or utility incentives exist for those who install home charging stations, which can justify part of the initial investment in the short-term while decreasing long-term energy expenses.

According to Emily R., an EV owner in Boston who made the switch from her Toyota Prius hybrid to a Chevy Bolt EV last year: “I’ve saved quite a bit on gas now that I’m driving my Bolt instead of my hybrid Prius. It used to be around $30-$35 a week for gas before versus around $10-15 a month in electricity now.”

Of course this from our American friend across the pound, but the cost savings are along the same lines here in the UK!

Interesting Facts about Home EV Chargers

  • Research by the International Energy Agency in 2020 shows that the home is the most common place for electric car owners to charge their car, with approximately 80% of daily charging happening at residences.
  • According to a study conducted by BloombergNEF in 2022, EV drivers can save up to $250 annually by charging their electric vehicles at home compared to using public charging stations.
  • Research published in Nature Energy in 2023 highlights that consistent use of a home charger can improve battery life and optimise mileage range, leading to potential annual savings on maintenance and replacement costs.

Lowering Running Expenses with Home Charging

One major selling point of EVs is undoubtedly their lower operating costs compared to traditional fuel-powered cars. But did you know that installing a home charging station can also help reduce your overall transportation expenses?

Charging stations come in various levels, ranging from 1 to 3, depending on how fast they charge an EV’s battery. Level 1 chargers are typically used as backup units when higher-level charging options are unavailable, while Level 2 chargers provide faster charging that can fully recharge an EV overnight in around eight hours. Public chargers are often of the fast-charging Level 3 variety which can fully charge an EV battery within 30 minutes but at higher costs both for installation and use.

A2 EV Charger

If you’re trying to save money on energy costs, a Level 2 charger makes far more sense than Level 3 chargers or relying solely on public charging stations, which can be slow and unpredictable depending on traffic and location feasibility. By charging at home during off-peak hours, you could enjoy even greater savings due to off-peak pricing options.

Furthermore, owning and using a car like an EV can actually change the way you go about your daily activities. For instance, because the average range for most EVs is approximately 100-300 miles per charge (depending on the model), if you have difficulty accessing public charger locations or get caught waiting in line, it may negatively influence your ability to execute planned trips or effect long-distance travel. With a personal home charging station, you never have to worry about encountering long lines or worrying about rushing back to beat other drivers at charging up.

According to a recent analysis, charging an EV at home using the cheapest tariffs available can amount to up to £200 annual savings over traditional petrol-fueled cars. Depending on an individual’s driving habits, this number could increase significantly for those who travel extensive distances.

All in all, using a home charger lowers operational costs and provides drivers with greater freedom, flexibility, and control over their transport schedules. Without requiring upgrades to your house’s electrical infrastructure, installing an EV charging point is essentially like adding a new appliance to your home’s electricity network and can be customised according to specific requirements that fulfill your needs.

Enhancing Home Value with a Charging Station

One of the most compelling cases for the installation of an electric vehicle (EV) charging station is its potential to increase the value of your property. As more and more EV owners emerge, having an at-home charging station becomes a competitive edge for homeowners looking to sell their properties. In fact, according to a recent study by the National Association of Realtors, 80% of homebuyers said that a garage was moderately or very important when searching for a new home. With an EV charger installed in your garage, you get an additional feature that can clinch some sales.

Installing an EV charger shows that you are not just moving with the times; you are also proactive in anticipating shifts in consumer behaviour and adapting accordingly. Electric cars were once confined to niche markets, but they have gone mainstream within the past decade. The rise in popularity has been particularly noticeable in congested city areas where petrol engine vehicles will be prohibited soon or priced off roads with congestion charges or taxes.

luxury lakeside property at dawn

According to a 2019 survey by Morning Consult, over one-third of US homeowners would consider installing an EV charger if it measurably improves their home’s value and helps them save money on electricity costs.

Additionally, having an EV charging station may reduce insurance payments by demonstrating that you are investing in future-proofing and protecting your residential property. By incorporating this advanced technology into our abode design, homeowners signal responsible and modernisation choices that insurance companies reward with liability coverage.

Future-Proofing Property with EV Infrastructure

The installation of an EV charging station is not only beneficial to homeowners in terms of practicality and abstract value; it is also the beginnings of a smart home, eventually evolving into homes offering better control, comfort, security, energy management functions, etc. Furthermore, installing EVSE or electric vehicle supply equipment infrastructure future-proofs your property by integrating it into the larger shift occurring towards renewable energy habits from fossil fuel-powered transportation.

One may argue that installing a charging station applies only to owners of electric cars; thus, installing it can cause problems when selling your property. However, present trends show that more people are buying into the idea of electrically powered transportation. As per current market reports, there is a significant drop in new petrol vehicle sales. Having an EV charger places you ahead of the curve, making your home not only more attractive but also more robust in the long run.

Practical Perks of Home Charging for EVs

If you’re an electric vehicle (EV) owner, you already know that the convenience of home charging can be a game-changer. Home charging stations offer several practical advantages over using public chargers. For starters, there’s no need to carry around cables and adapters to various charging locations or wait in line for an available charger.

Imagine getting home from work or a long day out running errands and plugging your EV into your personal charging station before heading to bed. You wake up to a fully charged car ready for the day ahead without feeling like you’ve lost precious time waiting for free chargers at public charging stations; it’s less hassle, less time-consuming, and can make your days more productive.

Practical perks of charging your EV at home

Additionally, using a home charging station lets you avoid the peak-hour charges at public charging stations during busy daytime hours when electricity prices are high. As electrical contractors have observed elsewhere in the world, this amounts to significant savings over the life of your EV. Assuming daily use with regular overnight charging on a standard 7-kW home charger, one can save over £800 annually as compared to traditional-powered vehicles.

Control over Charging Speed and Convenience

Charging speed plays an important role in preserving your EV battery’s health and runtime. While Level 3 fast chargers are convenient for travellers as they provide timely top-ups, they can also degrade an EV battery faster than lower-level chargers. The same is true for DC fast-charging stations, which risk requiring property upgrades and are more costly to install than Level 2 chargers.

Using a home charging station ensures that you avoid any harmful impact on your EV battery life while charging it to the optimal amount at the recommended speed. A 30 mile range provided by a Level 1 charger takes around eight hours to charge fully; that reduces to three hours or less using a Level 2 charger, making it significantly more time-efficient.

Furthermore, you can enjoy preferred rates when using off-peak electricity rates during on-demand overnight charging periods when electricity demand is low; this makes charging even cheaper and cost-effective in the long run.

With home charging stations becoming smarter, you can schedule and control how fast or slow you want to charge using mobile apps; this feature provides flexibility in how you use your car daily. 

Think of charging EVs as the process of watering a plant. While larger vehicles need more water, regular top-ups are better than infrequent watering; charging slower and steadily using an at-home charger ensures steady growth with no damage.

So how does increasing your home value tie in with this? Let’s find out in the next section!

Sustainability Impact of Home EV Charging Stations

As the world continues to shift towards sustainable energy sources, home EV charging stations are playing a critical role in reducing the carbon footprint of vehicles. One of the primary benefits of owning an electric vehicle is their lower emissions rate compared to gasoline-powered cars. However, the sustainability impact goes even further when owners choose to instal home EV charging stations.

By charging your vehicle at home, you are tapping into an electricity grid that is, in many cases, powered by renewable energy sources like wind and solar. This means that not only are you reducing emissions from your car but also the emissions from power plants. Additionally, studies have shown that with more widespread adoption of electric vehicles and accompanying infrastructure, there will be significant reductions in overall greenhouse gas emissions.

According to research conducted by the Swedish Energy Agency and published in Nature Energy, electric cars charged with renewable energy had a 70% lower lifetime CO2 footprint than those powered by fossil fuels. By installing a home EV charging station, you have greater control over where your car’s energy comes from and can contribute to a more sustainable future.

In locations where coal or oil powers the majority of the electrical grid, it is still often more sustainable to charge your vehicle using these energy sources than relying on gasoline. Furthermore, as more homes and businesses invest in solar panels or other renewable energy systems, home EV charging stations become even more environmentally friendly.

Some critics argue that replacing any existing gasoline-powered cars with electric ones does little to address climate change as long as the electricity grid remains powered by non-renewable sources. While it is true that widespread use of clean energy sources remains an ideal outcome for achieving broad sustainability goals, the trend towards cleaner grids means this criticism loses its weight over time. Moreover, transitioning away from the dirty fossil fuels in our cars marks meaningful progress towards more sustainable energy and transportation sectors.

Emissions Reduction Through Home Charging Use

Installing a home EV charging station also reduces emissions by minimising, or in some cases, eliminating the need to use public charging stations that may be powered by fossil fuel sources. When you instal a home charging station, you no longer have to drive to the nearest public station for your charging needs. This has a dual effect on the environment: firstly, it reduces the emissions produced by driving back and forth from the public charger (and potentially waiting in line when charging availability is limited). Secondly, it ensures that more vehicles charged at public stations are not overusing fossil fuel-generated electricity.

A study by the National Renewable Energy Laboratory found that emissions from electric vehicles charged with coal-based electricity are still approximately 25% lower than gasoline cars. However, electric vehicles charged with renewables could reduce greenhouse gas emissions by up to 100%.

Moreover, several studies conducted across the globe have shown that electric vehicles’ overall carbon footprint continues to decline rapidly as grid power becomes cleaner. Installing a home charging station not only makes charging more convenient but also greener and cost-effective in most locations.

Some critics of electric vehicles argue that while they emit fewer pollutants than their gasoline counterparts, charging these cars with non-renewable energy countrywide leads to a net increase in greenhouse gas emissions. Critics emphasise instead the importance of focusing on mass transit options like buses and trains or other alternatives such as cycling or walking. While investing in these modes of transport should not be ignored, home EV chargers provide an essential foundation for future growth towards green transportation.