Electric Vehicles, or EVs, are an increasingly popular choice for vehicle purchases. But before you buy an electric car, you may want to look at how much it will cost to charge. After all, how much will an EV add to your electricity bill? Here’s how to calculate the costs of charging your EV at home.
How much does it cost to charge an EV at home? Use your car’s battery storage kWh and multiply that by your price per kWh. That’s a good estimate of how much it costs every time you fully charge your EV. For example, a 40 kWh battery, charged with power that costs 11.4ยข per kWh (the Texas average rate), will cost $4.56 to fully charge.
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