Benefits of Installing Home Charging Station for EV
In recent times the estimated growth size for the global Electric Vehicle, Market is around 39,208 thousand units by 2030. This is almost at a CAGR of 21.7% from the current rate. Many countries are now announcing plans to stop ICE vehicle sales with growing demand for low-emission commuting. Electric vehicles are also proven to be a better choice for the environment than ICE vehicles. Governments around the world also are now supporting the manufacturing of Electric Vehicles through subsidies & tax rebates. The arrival and modification of e-mobility have led to different types of EVs and Chargers. Traditionally, EV Chargers are classified into 3 types – Level 1, Level 2, and Level 3. In the case of charging infrastructure for electric vehicles, commercially we have Level 3 charging and battery swapping stations.
In a residential setup, the EV Charger Station At Home is on Level 2. It provides the convenience of significantly fast charging than Level 1 stations, without demanding costly upgrades to a power supply like the Level 3 counterparts. Level 2 thus provides the best of both worlds. Multiple companies in the automobile industry are now providing residential ev charging solutions. With growing popularity home charging stations are now becoming the in-demand way to meet the electric vehicles’ daily electricity needs. The top 3 Reasons To Install A EV Car Charger Station At Home in the present times are – It’s fast, affordable, and convenient.
Home charging is becoming an important factor in the automobile industry’s charging ecosystem. The estimated cost of infrastructure includes installation charges and hardware. This also includes labor, taxes, upgrades, materials, utility, and permits. As compared to public charger setups, home charging is typically less expensive. The cost of home charging also varies for different charger levels and housing types. Once installed, the cost of home charging varies and depends on the model of the car and the electricity tariff. After the initial outlay on installation, your charging costs will be much cheaper.
To reduce this charging cost further, one can opt for methods using renewable energy systems. Green solutions like the usage of solar or wind power can be the best examples that, automatically help in reducing carbon footprint. Home charging helps you avail of this option of green energy tariff thus helping you save a fortune on electricity spent on charging your EV.
In countries where the electricity tariff varies on an hourly basis, the home charging facility acts as a boon. Setting up a residential charging infrastructure gives you the convenience to decide on the charging hours and duration. Charging your car during cheaper off-peak hours, when electricity prices are at their lowest, provides access to cheaper charging. Also, having an EV Car Charger Station At Home lets you commercialize it on a smaller scale. Under the Peer-to-Peer charging schemes, money can be made by renting out the EV chargers.
A Level 2 has a maximum power output of 22 kW and charges 10 times faster than a standard 120V wall outlet. For different homes and apartments, the most convenient charging station is
level 2. EV Car charges significantly faster at Level 2 than at Level 1. On other hand, Level 3 counterparts charging infrastructure requires costly upgrades to supply power.
At 22 kW, it approximately takes 3-4 hours to fully charge your vehicle with a residential charging station. Home charging with Level 2 infrastructure for a four-hour full charge is estimated at around $8. With the development of new charging infrastructure, the charging time has considerably decreased to 15-30 minutes to charge from empty to 80%. This charging session for 80% full battery costs around $10. On average charging, at maximum power output, your vehicle at home provides between 120 km of range with one hour of charging. These EV car charger stations at home, depending on their size are ideal to charge your car from empty to full.
Overall, this method is more affordable and rapid than public charging stations without requiring costly grid upgrades. We now also have electric Vehicle Chargers that smartly accept, adjust and adapt to the best current while it fluctuates up and down.
With recent developments, the cost to operate an electric vehicle has significantly reduced. Fewer maintenance costs and smart charging features have led Electric vehicles to bring the next big revolution in the automobile industry. With the growing demand for electric vehicles in the market and limited charging stations. In such a scenario the waiting period in public charging stations increases if you live in a country where charging outlets are scarce. Thus making EV charging a time-consuming affair. Therefore setting up an in-house charging infrastructure is the most convenient option for car owners. Installing a home charging port, rather than relying on public charging stations, provides you complete control over when you charge your automobile.
EV Car Home charging facility brings features like
- Compatibility with Amazon Alexa and Google Assistant.
- Allowing the owner to charge two cars from a single circuit.
- Load-balance between multiple units.
- The LCD Display showcasing EV Charging.
- All-Weather Compatible and Waterproof.
- Ability to schedule charging time, and send you reminders and notifications.