How much does it cost to charge an EV?

The cost to charge an EV varies depending on how you choose to charge it. Most EVs are charged at homes/depots/workplaces and can be scheduled to take advantage of either cheap electricity from solar during the day, or from off-peak tariffs overnight. This can equate to as much as a 90% saving compared to a petrol or diesel, vehicle, or the equivalent of less than $0.20 per L (compared to paying $1.90 per L for petrol).

It generally costs more to charge at public fast chargers – due to the extra convenience – and this varies depending on the charging network, the type of vehicle being charged, and the power of the fast charger. Generally speaking, the cost to fast charge an EV is still around 20% cheaper than buying petrol.

Check out a range of EV cost calculators here.

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