Is charging an electric car expensive?

Hi! Though electric cars save money on gas, I’ve heard they’re a lot more expensive to buy. And I’m concerned that if I buy one, I’ll still be spending a lot per month to charge my car. Can you tell me if charging an electric car is expensive?

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Answer provided by
Elaine Duvet
Answered on Aug 05, 2022
That is a valid concern! While EVs tend to be cheaper at the pump and cheaper to maintain overall, you’ll still be spending money charging your car each month. That is, unless you’re lucky enough to live by a free Volta charging station.
But you’ll be happy to know that the cost of charging your EV is significantly less expensive than filling up with gas, especially these days!
Here’s what we know about how much it costs to charge an electric car:
  • You’ll likely be charging your car at home the most. Your utility bill will increase from** $30 to $60** per month once you start charging your new EV.
  • Your bill should be based on the kilowatt-hours (kWh) you use and how much you pay per kWh.
  • If you live in a state like California with higher energy costs, expect your electricity bill to be higher.
  • Research can pay off. Some companies offer electric car owners discounts.
Now that you know how inexpensive it is to charge your EV, you can feel good about your long-term savings on gasoline, and lower carbon footprint. Another great way to save is making sure you’re not overpaying for car insurance.
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