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How much does it cost to charge an electric car? – Running costs explained

Charging an electric car is surprisingly cheap. While the cost of a charging varies dramatically, depending on many things including where you live, who your electricity supplier is and where you choose to charge – one thing is for sure: the cost overall will be considerably less than the cost of refuelling a car with a petrol or diesel engine. Let’s take a closer look …

  • HOW MUCH DOES IT COST TO CHARGE AN ELECTRIC CAR?

The costs of charging an EV at public charging stations

eu-common-user-input-table
 
GERMANY 30.5
SPAIN 23.0
ITALY 21.4
SWEDEN 19.4
UK 17.7
FRANCE 16.9
NETHERLANDS 15.6

The cost of charging an EV at home

Most people opt to charge their electric vehicle at home. And the cheapest option when it comes to charging at home is usually with an overnight low rate of domestic electricity (depending on where you live). The costs here will vary depending on your provider’s tariff, so it may be worth you shopping around to see if you can save even more cash.

If you don’t already have one you may choose to install a home EV charge point, which comes in various forms and varying prices. Again, depending on where you live, you may well be able to claim a government grant to cover all or part of the installation costs. And then you’re ready to start saving!

The cost of charging an EV at public charging stations

If you need or wish to recharge when you’re driving out and about, charging prices also vary greatly – although you may sometimes find that charging stations near you are even free of charge.

There are three main payment methods for charging stations:

  • Pay-as-you-go schemes

    Pay-as-you-go
    schemes

  • Monthly subscriptions

    Monthly
    subscriptions

  • Free

    Free

It goes without saying that the free charging stations will be your preferable option wherever viable and convenient. EV owners who’ve just gone electric may also benefit from free charging packages offered by manufacturers for the first few years of ownership.

We recommend taking the time to research the charging station infrastructure in your local area and all the pricing schemes available. It may well be a good idea, as an electric car owner, to sign up to multiple charging station providers so you always have the most options available to you – both in terms of cost and need. Note that if you wish to save time by using a DC fast-charging station this will generally be higher in price than a standard charger – although it will still be considerably cheaper than the gasoline or diesel alternative. Many EV owners opt to plan an overnight charge at home and only use public charging at times when they are far away from their home.

Three top tips to save even more money

  1. Investigate the incentives and subsidies available to you. This applies both to purchasing and charging. Then plan accordingly to minimise your cost of ownership!
  2. Find out where the free charging stations are near you. This will mean you will always be able to take advantage of them whenever it makes sense to do so.
  3. Research the savings you can make at off-peak times. In some regions and countries, electricity costs may be up to three times cheaper during off-peak hours than at peak times. Find out if your provider has hourly variable rates and shop around if necessary!

And there are even more financial benefits to going electric*:

  • Eligibility for government grants, tax exemptions and scrappage schemes

    Eligibility for government
    grants, tax exemptions
    and scrappage schemes

  • Lower maintenance costs

    Lower maintenance
    costs

  • Prospect of reduced purchase prices as technologies advance

    Prospect of reduced
    purchase prices as
    technologies advance

* Depending on your location.

Still wondering? Time to #goelectric Still wondering?
Time to #goelectric
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Explore the range of Kia Electrified Vehicles

  • Hybrid

    HYBRID

  • Plug-In Hybrid

    PLUG-IN HYBRID

  • Electric

    ELECTRIC

  • Mild Hybrid

    MILD HYBRID

  • The new Kia e-Niro.

    The new Kia e-Niro.

    There's nothing like a Niro.

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