How Much Does Charging an Electric Car Cost?

Electric Car Charging Cost Info from Hornburg Jaguar Los Angeles

 

If you are thinking about purchasing an electric car like the Jaguar I-PACE in the Beverly Hills area, you’re likely wondering, “How much does it cost to charge an electric car?” Well, for one, you’ll save money by paying for electricity, rather paying for fuel in a gasoline-powered vehicle. Learn more about EV charging costs at Hornburg Jaguar Los Angeles and don’t hesitate to contact us with any questions! Then go further by finding out what electric vehicle tax incentives are available when you purchase!

Estimate the Electricity Costs of Charging Your Vehicle at Home

How much does it cost to charge an electric car at home? When you use your electric vehicle home charging port, here’s how you can calculate an approximate cost per mile or per “fill up”:

  1. Know your electricity rate at home. The average rate for Los Angeles houses is around $.183 per kWh (as of February 2019), while the national average of electricity rates is $.136 cents per kWh, but you can look at your most recent electricity bill to get a more accurate number.
  2. Know your vehicle’s kWh/100 mi rate (kilowatt hours per 100 miles). You can find this information by searching for your vehicle’s make, model, and year at fueleconomy.gov.
  3. Multiply the two rates. For example, the Jaguar I-PACE gets 44 kWh/100 mi. If you multiply that by .183 (for the average electricity rate of $.183 per kWh), you’ll find that it costs $8.052 to get 100 miles of charge. According to fueleconomy.gov, this means you’ll save $2,500 over five years in fuel costs compared to the average new vehicle.

To save even more: there are some utility companies that offer smart electric meters to homeowners. If you charge your vehicle during the discounted Time of Use rates, you can save money when charging at home!

How Much Does It Cost to Charge an Electric Car in Public?

While there are a ton of options for free public charging stations in places like hotel parking garages and store parking lots, there are more and more private companies that establish charging networks with different payment options. The rates tend to be higher than your home charging options:

  • Per kilowatt-hour (not all states permit this type of pricing–California is one of 15 states that do allow it): could range around $.40 – $.80 per kWh
  • Per minute (often rounded up to the nearest 30-second interval): usually less than $.10 per minute.
  • Per charging session: Around $10 per session or less
  • Other: Some companies offer a monthly subscription system, while others offer a system where you pay a flat fee for a certain number of hour-long charges, or even an hourly rate that is added up at the end of the month.

Shop for Electric Vehicles at Hornburg Jaguar Los Angeles

When you are ready to take home a luxury electric vehicle to Los Angeles, browse our inventory to find an all-electric Jaguar I-PACE for sale at Hornburg Jaguar Los Angeles! If you’re ready to buy an electric vehicle, apply for financing online.


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Hornburg Jaguar Los Angeles
Hornburg Jaguar Los Angeles
9176 W. Sunset Blvd
West Hollywood, CA, 90069 United States
(310) 432-5900
https://www.hornburgjaguarla.com/wp-content/themes/DealerInspireDealerTheme/images/logo.png
Hornburg Jaguar Los Angeles 34.0904119, -118.3918193.