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The Truth about Charging an Electric Car: Cost and Time Considerations

 

EV charging banner

In recent years, electric cars have surged in popularity as more people recognize the importance of sustainable transportation solutions. One of the most significant factors contributing to this trend is the increasing availability and accessibility of electric vehicle (EV) charging infrastructure. However, despite the growing convenience of charging stations, many prospective EV owners still have questions about the cost and time involved in charging their vehicle’s battery.

Are you considering getting an electric car but want to know more about costs and time? Read on and learn more about the details.

Electric Car Charging Basics

Electric cars typically come with different battery capacities, ranging from small batteries to larger ones. The battery capacity directly impacts both the charging time and cost.

When it comes to charging an electric car, there are primarily three types of charging:

  • Level 1 Charging: This involves plugging your EV into a standard household outlet using the provided charging cable. Level 1 charging is the slowest method and is often used for overnight charging at home. It typically adds around 3-8 kilometers of range per hour of charging.
  • Level 2 Charging: Level 2 chargers are more powerful and can be installed at home or found in public charging stations. These chargers use a 240-volt power source, allowing for faster charging rates. Depending on the EV model and the charger’s power output, Level 2 charging can add anywhere from 16 to 50 kilometers of range per hour.
  • DC Fast Charging (Level 3): DC fast chargers are the quickest option available, capable of adding significant range to an EV in a short amount of time. These chargers are commonly found along highways and public facilities such as gas stations or recreation centres. They can replenish an EV’s battery to 160+ kilometers of range in as little as 30 minutes, making them ideal for long-distance travel.

 

EV charging time diagram

Cost of Charging an Electric Car

If you are an EV owner, you would charge your electric vehicle at home by using either a standard wall outlet or a Level 2 charger that is installed specifically for this purpose. These charging methods draw power from your home’s electricity, and the additional cost for charging at home is reflected in your regular electricity bill. However, because electricity costs are typically lower compared to the current price of gasoline, the yearly energy expenses for operating an electric vehicle are considerably reduced.

In addition to home charging, there are options for charging on the go:

  1. Free Charging: Many businesses and institutions provide complimentary on-site charging facilities for their customers and staff.
  2. Public Charging Infrastructure: Municipalities throughout Canada are continuously enhancing the EV charging infrastructure in public areas such as parks, community centers, and along roadways, making it more convenient for EV owners to charge their vehicles.
  3. Fee-Based Charging: Fee-based charging stations are prevalent across North America. These stations are managed by EV charging network operators, offering electricity to EV owners for a fee. The charging options typically include:
    1. Time-Based Fee
    2. Flat Fee
    3. Per-kWh Billing
    4. Hybrid Models

Drive towards a brighter future

As electric cars continue to gain traction, understanding the cost and time involved in charging is essential for both current and prospective EV owners. However, the advantages of zero-emission driving make it a valuable investment for the future of transportation.

If you are considering becoming an EV owner, get in touch with our experts to get the option that will meet your needs.

Download our EV charging Guide Get in Touch

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