How to Calculate EV Charging Costs at Home and Public Stations

35 Views
 

1. Calculating Home Charging Costs

Home charging is a convenient and economical way to keep your EV battery in working condition. To calculate costs, you will need the following information:

  • Battery capacity of your EV (kWh): Find out how much energy is required for a full charge.
  • Current electricity price (per 1 kWh): This information can be found on your electricity bill.

Calculation formula:

Charging cost (€) = Battery capacity (kWh) × Electricity price (per 1 kWh)

Example:

If your EV battery capacity is 50 kWh and the electricity price is 0.15 €/kWh, then:

50 kWh × 0.15 € = 7.50 €

A full charge will cost 7.50 €.

2. Calculating Public Charging Costs

At public charging stations, costs may be higher due to additional services such as fast charging or convenient locations. To calculate costs, consider the following:

  • Price per kWh at the station: This can vary depending on the operator.
  • Charging speed: Fast charging may be more expensive.
  • Additional fees: Some stations charge a connection or session fee.

Calculation formula:

Charging cost (€) = Power consumed (kWh) × Price per kWh

Example:

If you charge 30 kWh at a station with a rate of 0.30 €/kWh, then:

30 kWh × 0.30 € = 9.00 €

The charge will cost 9.00 €.

3. Factors Influencing Charging Costs

  • Charging efficiency: Some energy is lost during charging. For example, efficiency at some stations might be around 90%.
  • Electricity rates: Home charging at night can be cheaper due to off-peak tariffs.
  • Type of charging station: Fast charging (DC) is usually more expensive than slow charging (AC).
  • Station location: Popular or remote locations may have higher rates.

4. Comparison of Home and Public Charging

Parameter Home Charging Public Charging
 Cost per kWh  Low (0.10–0.20 €)  Higher (0.20–0.50 €)  
 Convenience  Maximum  Depends on location
 Charging speed  Slow (up to 22 kW)  Fast (up to 350 kW)
 Additional fees     None  Possible


5. How to Reduce Charging Costs

  • Use off-peak rates: Many electricity providers offer reduced rates at night.
  • Optimize routes: Plan trips to use stations with lower rates.
  • Install solar panels: Home charging from solar energy can significantly reduce costs.
  • Compare operator rates: Use apps to find stations with the best prices.

Conclusion

Calculating EV charging costs is straightforward when considering key parameters: battery capacity, electricity rates, and charging efficiency. Home charging is often more economical, especially with off-peak rates. SIA Stars MB offers charging stations and solutions for homes and businesses. Visit our website at 4ecars.eu to find the best devices for charging your electric vehicle.