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Is electricity free for electric cars?

Owning an EV supposedly saves you more money than filling up at the gas station. Is that because electricity is free for electric cars?

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Chanice Boyd · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
EV owners do save more on power than those who have to pay at the pump—but electricity is not free for electric cars.
When you own an
electric car
you have a few options on how to charge your vehicle. You can top up at a charging station that has fast charging options. These charging stations usually have a fee, but some businesses offer free charging.
The other option is to charge at home. In this case, the true cost of charging your electric car will depend on the amount you pay for electricity at home. Most American households pay an average of 14 cents per kWh.
It’s unlikely that the electricity for your electric cars will be free, but it doesn’t mean that you can’t save money. In fact,
Jerry
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MORE: How different cars affect your insurance
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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