EV Charger Cost and Savings
Costs and Savings
Typical EV charger installation costs:*
Domestic: £1,040 + VAT
Commercial: £1,219 + VAT
Installing Solar Panels or Batteries? Pay 0% VAT.
For the most accurate price, simply get in touch and we will conduct a free survey of your home or business.
We will provide you with a detailed report and full cost breakdown, with no obligation or sales pressure.
Why choose Impact Services?
- We’re a trusted local installer backed by 430+ 5-star of reviews.
- We won’t leave your property until you’re fully up and running.
- We can install a new Solar PV or Battery Storage system alongside your EV Charger.
- Alternatively, we’ll connect your new EV Charger to an existing Solar PV or Battery Storage system.
Initial Costs
Investing in an electric vehicle and charger can be a concern due to upfront expenses. EVs are initially more expensive than regular petrol or diesel cars, and charging them at public charging stations can be costly.
Operating Costs
On average, a public charging station will cost 73p/kWh, compare this to the price of electricity at home being on average 25-35p/kWh, EV can save over half just by charging at home.
Long-term Savings
Off-peak tariffs yield substantial long-term savings, with rates as low as 10p/kWh, resulting in a 73% cost reduction compared to public charging stations. Combining an EV Charger with Solar Panels or Battery Storage can lower charging costs even more!
Grants for Electric Vehicle Chargepoints!
On-Street Parking Chargepoint Grant
If your household has on-street parking, you may be eligible for the Electric Vehicle Chargepoint Grant. This grant offers up to £350 towards the installation of a chargepoint, provided you also install a cross-pavement solution. To qualify, you must obtain the necessary permissions from your local highways and planning authorities before installation. Our team will ensure all requirements are met, helping you take full advantage of this cost-saving opportunity!
Contact Us
⠀
⠀
Workplace Charging Scheme for Schools
State-funded educational institutions, including schools, can benefit from the newly launched Workplace Charging Scheme. This grant covers up to 75% of installation costs, up to £2,500, for EV chargepoints. These chargepoints can be used by staff and fleets and may even be opened to the public outside school hours. This initiative not only supports sustainable transportation but
Charging Cost Calculator
Calculate your charging costs by multiplying your car’s battery size in kilowatt-hours by your electricity supplier’s rate per kilowatt-hour. Keep an eye out for split tariffs.
Or, for an easy calculation and charging duration estimate, use the Zap Map Home-Charging Cost Calculator.
For public charging, try the Zap Map Public-Charging Cost Calculator.
Compare both to discover your potential savings!
Extra Savings
Along with the all the standard savings you will benefit from by using an electric vehicle, e.g. smaller running costs and less maintenance, there will also be huge potential savings in your taxes!
- The Vehicle Excise Duty which costs the average petrol or diesel driver an average of £175 a year will cost an electric vehicle driver £0 provided the car is under the value of £40,000.
- You will benefit from a massive saving in fuel tax as nearly 60p of every litre of petrol is entirely tax.
- If you drive a company car, say goodbye to benefit-in-kind rates which have been reduced from up to 37% on petrol and diesel cars, to only 1% for electric vehicles from 2021 saving you up to £7000!
*Price Assumptions
The prices quoted on this page are for a typical installation. Prices are for guidance only based on current prices and the following assumptions:
- The consumer unit (fuse box) is within 5 meters of the EV charger.
- The earthing arrangement at the property requires no changes.
- Prices illustrated are subject to VAT as applicable.
- Where batteries or Electric Vehicle Chargers are installed with Solar PV then no VAT is added.
- Where batteries or Electric Vehicle Chargers are sold without Solar PV then VAT (20%) is added.