The cost of EV charging stations
You may wonder why it costs more to use a rapid charger than a home charger. This is due to the infrastructure required to supply a large amount of power needing to be greater within a short period. Factors including the size of the cables, civil work to construct a site, and the street furniture needed (including chargers) will all be different.
The bigger and faster you want the charger, the more expensive it will be onsite. For example, when you provide access to faster and rapid charging rather than ultra-rapid charging. The costs of charging an EV will stay lower. Fast charging uses hardware less costly, more agile, lighter, and less cumbersome. The power needed to bring it to the site is also very different.
If you were to break down the costs of rapid charging, there are two main areas:
● ???? The cost of energy (the electricity that goes into the charger)
● ???? The cost of the infrastructure (hardware and building the site out)
In addition to the charging hardware, the costs of building out the site can include:
● ???? Civil works
● ???? Bay markings
● ???? Bay painting
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● ???? Bump stops
● ???? Protection barriers
● ???? Site signage
Installers must factor the above into the infrastructure to achieve longevity. Some are also vital to minimise any accidental damage to the charger/site.
Our survey discovered that 36% of drivers were unable to access charging because a charging station was broken or out of order. Confirming regular maintenance of EV chargers is critical to offer drivers the best possible experience.
Funding EV chargepoints
As a Charge Point Operator, we fund the entire project so you can set aside any cost concerns. Everything from planning and grid connection to operations will be managed by SMS.