On average, AC workplace EV chargers tend to cost around €1,300 per charge port (excluding installation costs).
However, there are many factors that determine how much a workplace electric vehicle (EV) charger costs exactly, including its brand and model, functionalities, and the often underestimated installation costs that come with individual wiring and cabling of the stations.
As a rule of thumb, installation costs are usually between 60-80% of the total costs and can even run up to tens of thousands if you’re looking to install a bigger network of 5, 10, or 25 charging stations.
Please note: all the above information relates to AC charging stations (there is a big difference between AC and DC charging stations).
DC (fast) charging stations are in a completely different category as they tend to cost around €50,000 per station (excluding installation costs that are usually between 30-50% of the total station purchase price).
For the sake of clarity, this article will focus on AC charging only.
However, If you want to learn more about DC charging stations, please take a look at our free DC guides: “Everything your business needs to know about DC charging”, or “15 questions to answer before investing in DC charging”.
Electric vehicle sales have reached a new record in 2022, confirming the trend toward electric mobility. If you’ve looked around your office’s parking lot recently, you’ve probably noticed an increasing share of your employee’s cars are now EVs.
But the workplace isn’t just a place for employees to park: Increasingly, EV drivers are expecting to be able to charge wherever they go, including at work. In fact, the workplace is already one of the most popular charging locations, with 34 percent of EV drivers regularly charging at work.
Of course, meeting employee needs is important, but installing EV chargers comes at a cost. So how do you know how much your installation will cost, and how can you ensure that you’re getting the most value out of it? Let’s take a closer look at the costs of a workplace EV charger below.
The costs of a workplace EV charger
Upfront Costs of workplace EV charging stations
Upfront costs are likely the first to come to mind when thinking about EV chargers. These include the actual price of the equipment and labor costs for surveying and preparing the site, and purchasing the charger.
Price of workplace EV charging station
Generally speaking, and taking a ballpark average, a typical AC workplace charging station usually costs around €1,300 per charging port (excluding installation costs).
The cost of a charging station varies greatly and is determined by its features and capabilities, such as its charging speed and power output, the number and type of sockets, the length of the cable, and any connectivity or smart charging features.
Installation costs of workplace EV charging stations
Installation costs often represent the biggest share out of an investment in EV charging. On average, AC charging station installation costs usually represent between 60-80% of the total costs and can even run up to tens of thousands if you’re looking to install a bigger network of 5, 10, or 25 charging stations.
Depending on your location, purchase, and installation costs can be higher or lower, for instance, due to differences in wages and the complexity of your site. Consider as well the government incentives or rebates you can leverage, which can help you offset some of the initial cost.
Ongoing costs of workplace EV charging stations
Installing a charger may be the bulk of its cost, but as with any device, some maintenance is necessary to keep it in top shape. While charging stations are built to be sturdy and long-lasting, frequent use can wear out some parts or leave others in need of a scrub.
Maintenance cost of workplace EV charging stations
In essence, there’s not a lot of maintenance required, although a yearly check-up of stations is recommended to avoid issues in the future and identify parts that need replacement, such as broken cables or damaged sockets.
Instead of regular one-off service appointments, it’s often worth opting into a maintenance plan or service agreement with a trusted provider. This will guarantee optimal uptime by identifying and fixing any issues early on, offering peace of mind and freedom from unexpected costs.
Operational costs of workplace EV charging stations
Beyond maintenance, consider as well the costs of running the chargers, including the electricity used. Taking the average electricity price per kWh in the U.S. of $0.15 and €0.25 in Europe, it would cost around $8.68 (or €14.88) to fully charge a Nissan Leaf (64 kW) or $14 (or €24) for a Tesla Model S (100 kW).
Assuming you have space for 10 cars, and that each one would charge for a full 8-hour workday, it would cost you $86.80 (€148.80) to charge 10 Nissan Leafs or $140 ($240) for 10 Tesla Model Ss.
Of course, you don’t have to bear the whole cost of the electricity, and there are various business models for offering EV charging at the workplace. This brings us to our next point.
Post time: Dec-23-2024