Getting a Handle on the Costs of EV Charging Stations

Getting a Handle on the Costs of EV Charging Stations

If your company is considering upgrading its infrastructure and playing a role in the electric vehicle revolution, you might wonder about the costs of installing an EV charging station. The overall costs are not widely known since this is a relatively new technology. There are two significant expenditures: the cost of the unit and the cost of installation. One brand, the Tesla charging station, only costs around $500 per unit (not including installation), but it can only charge Tesla vehicles.

The installation cost will depend in part on the electrical installer who puts in your unit. At Bates Electric, we provide reasonable terms for getting your charging station up and running.

 

Typical Expenses for EV Charging Stations

As with any other product, the total expenses for EV Charging stations depend on several factors. However, it is possible to get a good ballpark figure of typical costs.

  • Lower-end equipment with simple installation requirements runs about $2,500.
  • The average cost of equipment and installation runs about $6,000.
  • Higher-end equipment runs between $10,000 to $13,000 for full installation.

Premium equipment is likely to offer valuable features. These include attractive-looking hardware and a more remarkable ability to provide longer charges. 

 

Common Costs Associated With Installation

A licensed electrician should handle the installation. The contractor will charge for labor and materials based on the going rate. A good rule of thumb is to expect to be charged between $70 to $100 an hour. Since facilities vary, installation in one location could take a couple of hours, while another area could require as much as 20 hours of installation. Materials such as conduit and wiring will also vary from site to site.

At Bates Electric, we have the expertise to install your EV charging station, and we will do so safely and efficiently. Contact us today for a free quote.

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