The Real Cost to Charge an Electric Car
The cost to charge an electric car in Australia varies greatly depending on the type of charging station used, the location of the station, and the time of day the vehicle is charged. The average cost of charging an EV in Australia is estimated at around on average 30 cents per kilowatt-hour (kWh) of energy used. It would cost around $18.00 to charge an EV with a 60 kWh battery from empty to full.
Our comprehensive electric car charging cost calculator provides a bird ‘s-eye view of the actual cost of charging, whether at home or public stations, including savings over 5 years, cost savings of using smart home chargers over DC chargers, and more.
Cost to Charge an EV at Home
Charging your electric vehicle at home offers a cost-effective solution, considering the average electricity rate in Australia at around 30 cents per kilowatt-hour (kWh). However, the total cost of charging depends on various factors. These include your electricity provider and plan, home’s energy efficiency, charging timing (preferably during off-peak hours like the early morning), charger type, and car battery size. Opting for efficient practices and taking advantage of lower electricity rates during off-peak times can lead to significant savings in the long run.
For instance, the Cost of charging some of Australia’s popular electric car models at home from 0-100% when the electricity rate is 30 cents per kWh.
| Electric Car Models | Cost to Charge (AUD)‡ |
|---|---|
| BYD Atto 3 Standard Range | $16.53 |
| Tesla Model Y Long Range | $24.75 |
| MG4 Excite 51 | $16.76 |
| Tesla Model 3 Standard Range | $17.82 |
| Volvo XC40 Recharge | $22.11 |
Cost to Charge an EV at Public Charging Stations
Public charging stations are available at various shopping centres, carparks, malls, airports businesses and more. These chargers typically are Level 2 chargers which can supply a maximum of 22KW AC power output. While the majority of these chargers are Free to use some require payment to charge an EV. Charging an electric car at public charging stations costs on average between 25 cents per kWh.
For instance, the cost of charging some of Australia’s popular electric car models at public charging stations from 0-100% when the electricity rate is 25 cents per kWh.
| Electric Car Models | Cost to Charge (AUD)‡ |
|---|---|
| BYD Atto 3 Standard Range | $13.78 |
| Tesla Model Y Long Range | $20.35 |
| MG4 Excite 51 | $13.97 |
| Tesla Model 3 Standard Range | $14.85 |
| Volvo XC40 Recharge | $18.43 |
Cost to charge at Fast DC Charging Stations
In Australia, there are several options for ultra-fast DC charging an electric vehicle at a Level 3 charging station, including Tesla Superchargers, NRMA networks, Chargefox, ChargePoint and Jolt. These service providers offer a variety of pricing plans, with costs varying depending on the EV type and the charging station’s location.
Charging an electric vehicle at these stations costs around 40 to 60 Cents per kWh. Some providers also offer subscription models or bundle plans to use their wide network of fast DC Charging Stations.
For instance, the cost of charging some of Australia’s popular electric car models at fast DC charging stations from 0-100% when the electricity rate is 60 cents per kWh.
| Electric Car Models | Cost to Charge (AUD)‡ |
|---|---|
| BYD Atto 3 Standard Range | $33.07 |
| Tesla Model Y Long Range | $48.84 |
| MG4 Excite 51 | $33.53 |
| Tesla Model 3 Standard Range | $35.64 |
| Volvo XC40 Recharge | $44.22 |
EV Charging Cost Calculator
Target Charge: 80%
Current Charge: 10%
Charging Cost Summary (20%-80%)
💰 Saving: On Average BYD Atto 3 will cost AUD 13.20 to charge using home ev charger and AUD 20.00 using DC chargers.
🔋 Range: You need to charge your EV 2 times per week to meet your weekly range, if you choose to charge at 20% only everytime.
5-Year Charging Cost Analysis: Home vs DC Public Chargers ROI
- The above chart illustrates the charging costs for installing and using a Home EV Charger compared to using a public DC Public Charger over 5 years.
- In the initial year (Year 0), the Home EV Charger incurs a higher cost due to the inclusion of the home charger purchase and installation expenses totalling $1700. ( avg Cost for Single Phase Home EV Charger).
- Subsequent years reveal consistent charging costs for both chargers, with the Home EV Charger consistently higher.
- This data prompts a closer look at the Return on Investment (ROI) for the Home EV Charger, as the initial investment might be offset by potential long-term savings and calculated according to the above figures to 00 years and 00 months.
- Evaluating cumulative charging costs and comparing the economic viability of Home EV Charging versus DC Public Charging will be crucial for making informed decisions regarding the choice of charging infrastructure. According to the above figures you will be saving $000 over 5 years.
**All above figures are calculated based on your provided information and the cost of owning single phase home EV Charger
Charging at Home (20%-80%)
EVPowerHouse offers fully compatible Home EV charging solutions for your . Our chargers are fully compatible and fast charge your EV at home including house with solar panels.
Our single-phase Smart Home Charger gives your:
🏁 Charging Range of 400KM.
⏱ Charging Time takes 6 Hours and 22 Minutes.(approx)
** Note: The data provided above is based on WLTP (Worldwide Harmonised Light Vehicle Test Procedure) information available. It's important to note that these calculations are approximate figures. Real-life outcomes may vary due to various factors such as weather conditions, driving habits, energy loss, battery depletion rate, and more. Therefore, the actual range and performance of electric vehicles may differ from the estimated values provided here. **
