The U.S. DOE projects the cost of electric vehicle charging stations will vary greatly ($300 to $40,000) with decreasing unit costs.

U.S. Department of Energy (US DOE) reports on range unit and installation costs of electric vehicle charging stations.

Made Public Date
04/13/2020

341

United States
Identifier
2020-00455
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Summary Information

In 2015 the U.S. Department of Energy (DOE) reported on the cost of electric vehicle (EV) charging ports per unit and the associated installation costs. The DOE found large price discrepancies across the country and across charging levels. Slower charging stations were cheaper per unit and to install compared to the models that offer a quicker charging speed. In general, the DOE found that that there is industry consensus that prices per unit will decrease. However, there was no consensus of the price trajectory for installation.

Due to the wide range of costs, the DOE suggests that the best way to determine the price of an EV charging station for a specific project is to get cost estimates from the utility company, charging station manufactures, and installers in the given area.

System Cost

Per unit and installation cost estimates released by the DOE were categorized by charging unit type as seen in table below: Cost Per Unit: Level 1: $300-$1,500 Level 2: $400-$6,500 DC Fast Charging: $10,000-$40,000 Installation Cost: Level 1: $0-$3,000 Level 2: $600-$12,700 DC Fast Charging: $4,000-$51,000