EV Home Charger: Are They Worth It?
Electrical Vehicle (EV) chargers are the future of car power and a step forward in contributing to increasing renewable energy consumption. With the number of electric vehicle charging devices installed in the UK rising by 2,418, it raises the questions of “What is the hype?” or “Are they really worth it?”
In this article, we will discuss the importance, benefits, and drawbacks of EV chargers.
Benefits of EV home chargers
What are the advantages of installing a home EV charger?
Home EV chargers prevent EV range anxiety
What is range anxiety, you may ask? It is the fear that you won’t have enough battery charge to complete your journey and reach your destination. With range anxiety, you can become anxious that you could be stranded.
How does this relate to the benefit of installing an EV charger? In simple terms, it is the perfect solution.
Home EV chargers allow you to charge your electric vehicle overnight (which is usually cheaper, too) and remove the anxieties of worrying about timings and planning to charge your electric car at a charging point before your journey.
EV home chargers save money in the long run
Installing a home EV charging point allows you to save money. Rapid public charging points can generally be more expensive (even if they take half the time to charge) and require much more planning before those long journeys. As a result, home EV charging points can be much cheaper, more convenient, and more cost-effective than recharging your electric vehicle.
EV Charge Point Grant
Government grants, such as the Electric Vehicle Charge Point Grant, are also available to help fund EV charging points.
An electric vehicle (EV) ChargePoint grant is a government grant that helps cover the cost of installing an EV chargepoint socket at a property:
How much money do I get from the Electric Vehicle Charge Point Grant
The grant can cover up to 75% of the cost of installing an EV charge point socket or up to £350, whichever is lower.
Charging your EV at home using renewable energy
Charge via renewable energy. Want to save even more money while remaining eco-friendly? You can do so by charging via renewable energy.
Solar panel EV charger integration
You can use solar power integration from your home’s solar PV systems to power your home’s EV charging station. This means instead of sourcing the energy to charge your EV from the National Grid, you can source it via green energy! All you need is a solar-compatible EV charger and solar PVs on your roof.
For more information on solar PV, please visit our page.
Earn money with your EV charging station
Looking for some extra income? There are many ways in which you can earn some extra income after installing a home EV charging station, such as:
Apps – share your EV home charger
Thanks to apps like the CoCharger community EV charging app, you can join a peer-to-peer charging scheme when you rent and share your EV charge with your neighbour. They can use your EV charging station and pay you for your charge.
Does an EV charger increase home value?
Looking to sell your property? Installing a home EV charging system can boost its value, adding more value than what you paid for the installation, earning you profit, and investing in your home.
How much does installing an EV home charger increase my home value?
The Office of National Statistics estimates that if your UK house price is £194,000, you could increase the value of your home by £25,220.
But why is this? Petrol and diesel car ban
Take a look at all of the benefits above. Additionally, it has been estimated that all petrol and diesel cars will be banned after 2035. As a home buyer, preparing for future legislation, saving money, and becoming more eco-friendly in this economy and environment is a no-brainer if they make a slightly higher investment in buying a property.
What are things to consider when using home EV chargers?
Are there any disadvantages to installing an EV charger at home?
How much do you use your electric vehicle?
If you use your EV frequently, the benefits of EV home chargers will be greater than if you use your EV less often. However, with new peer-to-peer schemes, you can still use your home EV charging station as a source of income and something to consider with the latest diesel and petrol bans in the foreseeable future if you need to change your vehicle after 2035.
Initial EV home charger installation costs
Installing an EV charging point on your home can be expensive upfront. However, with government grants and earning options, you can break even on the costs soon enough by adding value and making a long-term investment in your home.
How long does installing a home EV charger take?
Home EV charging systems are slower than DC public charging stations, so if you need to charge your electric vehicle at the last minute, they will still charge you, but not as much as a DC public charging station. However, charging your electric car home is cheaper, saving you money.
Should I buy an EV charger for my home?
If you are looking for a long-term solution that is practical, convenient, and environmentally friendly, contributing to an eco-friendly future, then installing a home EV charging point is the perfect solution for you!
Interested in installing a home EV charger?
Contact our team today if you feel EV chargers fit you and your home.
Need more information? Our blog offers information on various topics, from EV charging and solar power to different home heating systems.
