SHOPSMART AUTOS – CUSTOMER INFORMATION – JANUARY 27, 2021
How long does it take to recharge?
The length of time required to recharge depends on two factors: how much energy has been used and the power output of the charger. A Level 1 charger (120 volts) can replace about 4-5 miles of driving each hour of charging. Plug-in hybrid vehicles often have an electric range of 20-50 miles, so recharging even a fully depleted battery can be done in eight hours. Level 2 chargers are faster, delivering about 15-25 miles of range per hour. These chargers can fully recharge most long-range battery electric vehicles during an eight-hour charge. Using a DC fast charger allows for rapid recharging at public stations, adding 50 to 170 miles of range in 30 minutes (depending on the power output of the station and vehicle capacity). It’s important to note that most drivers will go less than 50 miles a day, so even a relatively slow Level 1 charger will meet the daily recharging needs of most people wanting to switch from gasoline to an electric car.
How much will it cost to charge?
The cost to charge an EV varies, depending on your local utility and ability to charge at home. In our recent analysis of home recharging costs, we found that recharging an EV was substantially cheaper than the costs to refuel the average new gasoline car. The savings vary, but on average drivers would save almost $800 per year by switching from gasoline to electricity. However, where you live and what electric rate plan you choose can change your savings. For almost all EV drivers, choosing a time-of-use (TOU) electric rate plan is needed to see the largest savings. A TOU plan gives cheaper electric rates during off-peak periods (often late at night), with higher rates for using electricity during high-demand times. Because most EVs are parked at home overnight, TOU rates are a good fit for most EV drivers. In some cities, especially in California, TOU rates are essential for saving money on fuel costs. For example, in Oakland, CA, recharging using the standard electricity plan is equal to buying gasoline at $3.34/gallon, while using the TOU plan only costs the equivalent of $1.03/gallon. The costs to charge at public charging stations varies considerably. Some stations are free, while others can cost over twice as much as home charging. However, the impact of public charger costs is often muted by the high preponderance of home charging. For example, a San Francisco driver that uses higher-cost DC fast charging for 20 percent of charging would only see their average fuel costs increase from $0.78/gallon equivalent to $1.35/gallon. Learn more about electric vehicle technology and batteries, including materials, costs, and lifespans.
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