Still, there are variables to consider.

Charging Your EV at Home

For most drivers, charging at home is the most convenient.

Almost 90 percent of EV owners charge their electric vehicles at home, according to a recentJ.D.

Electric vehicle charging sign on green painted pavement.

EKH-Pictures/iStock/Getty

(Remember, that’s a pure EV and not a hybrid, which still uses gasoline.)

Add in, at worst, 15 percent transmission losses for another $80.98 per month.

Ways to Reduce Costs

There are ways to reduce your costs even further.

How Long Should It Take to Charge My EV?

Well need to add in transmission losses for a more accurate estimate so we can assume 90 percent efficiency.

The equipment is different, and there are various ways of paying for station use.

Free is lovely, but limited availability could force you to look elsewhere.

The charging station charges 6/min.

In this case, your charge time will be just over 5 minutes.

This L3 charging station charges $1/min.

(Other stations might charge by kWh, such as 43/kWh, for example.)

Idle fees may be applied at public charging stations if your vehicle remains plugged in after charging finishes.

Apps and online calculators are great ways to locate and pay for recharging.

Charging at home on an L2 charger is the most economical option in most cases.