Charging Cost & Economic Analysis

Home charging remains the most economical option for EV owners. At $0.12/kWhresidentialrates,fullycharginga60kWhbatterycostsjust$7.20, compared to $18-25atpublicstations.Installingtime-of-usemeteringenablesoff-peakchargingat$0.08/kWh, reducing annual costs by 35%. A Level 2 home charger ($600-1,500)paysforitselfwithin18monthsthroughsavings.PublicDCfastcharging,whileconvenient,costs$0.30-0.50/kWh. Workplace charging often comes free or subsidized, making it the second-best option. Smart charging management can reduce monthly electricity bills by optimizing charging schedules around peak demand periods.