As you are considering “how much does an electric car charging station cost”, it is also important to consider the basic costs of commercial EV charging stations when deciding whether to invest in a commercial EV charging station and to choose a charging station that meets your needs and budget.
In this post, we will explore the electric car charging stations cost that comes with owning and operating a commercial EV charging station.
Costs of Commercial EV Charging Stations
Electric vehicle charging stations’ cost ranges in price depending on a variety of factors, including the type of charger, installation costs, and ongoing maintenance expenses.
By looking into these costs, businesses can make informed decisions about whether or not to install charging stations and how many to install.
Equipment Cost
One of the things to consider when considering electric vehicle charging stations’ cost is the equipment cost. The cost depends on the power level. EV charging stations are available in three levels, Level 1, Level 2, and Level 3 (otherwise known as DC fast charging).
- Level 1 Charger
Level 1 charging is often too slow for publicly available stations. Most EV owners get it for their homes. It is the cheapest among the other power levels and also takes more time to charge electric cars than the other electric chargers.
Level 1 charging stations use a 120-volt, AC power outlet. The power rate is from 1 kW to 2 kW, and the electric charging points cost is from $300 to $1,500.
- Level 2 Charger
The second level of chargers is the Level 2 chargers. They are mostly used for businesses. It is safe to say that the level 2 charger is more powerful than the level 1 charger because level 2 charging stations utilize a 240-volt single AC power outlet.
The power rate of a level 2 charger is from 3KW to a few KW above 20KW and the electric charging points cost between $400 and $6,500.
- Level 3 Charger
Level 3 commercial EV charging station is also known as DC fast charging station. It requires a dedicated electrical infrastructure to provide a 480-volt DC power outlet.
Level 3 EV charging stations have a power rating of 25KW to 50KW. The electric charging points cost between $10,000 to $40,000.
These level 3 chargers are not adequate for homes or small businesses because an electrical service upgrade is required first to install a reliable electrical infrastructure.
Installation Cost
The installation cost of commercial EV charging stations varies depending on several factors such as the type of charging station, location, and electrical infrastructure.
On average, the cost ranges from $6,000 to $20,000 per charging station. Additional costs may include site preparation, permits, and labor fees.
Maintenance Cost
Maintenance cost is a crucial aspect of commercial EV charging stations, as they require regular upkeep to ensure they are functioning properly.
This includes routine inspections, repairs, and replacement of parts. The cost of maintenance can vary depending on the type of charging station and the frequency of use.
Infrastructure Cost
Infrastructure is an essential factor for level 3 and some level 2 commercial EV charging stations because they require a dedicated infrastructure to provide the right voltage and power to the equipment.
This infrastructure should have components such as wiring, high amp circuit, a feeder, power protection system, cable pole, and installation labor.
The expenses for infrastructure costs vary from one another. For level 1 and level 2 charges, the expense is between 200 to $15,000 and it increases to $40,000 for level 3 chargers.
Software Cost
The cost of software is a significant expense when analysing commercial Electrical vehicle charging stations cost for. This is because software is needed to manage the charging process, monitor usage, and collect payments from customers.
The cost of software can vary depending on the complexity of the system and the number of charging stations being managed.
In addition to the initial cost of software, there are ongoing expenses associated with maintaining and updating the system. This includes the cost of software updates, security patches, and technical support.
Permit Cost
Another significant cost is the permit cost. Permit costs can vary depending on the location and the type of charging station being installed.
In most cases, the permit cost for commercial EV charging stations is based on the type of station being installed.
Level 1 charging stations, which are the slowest, typically require the least expensive permits. Level 2 charging stations, which are faster, require more expensive permits.
DC fast charging stations, which are the fastest, require the most expensive permits.
Factors Affecting Commercial EV Charging Stations
Commercial EV charging stations are affected by several factors, including the location of the station, the type of charging station installed and the charging speed, etc.
Location
The location of commercial EV charging stations plays a crucial role in their success. The first factor to consider is accessibility.
Charging stations should be located in areas that are easily accessible to EV drivers like hospitals, workplaces, restaurants, etc.
This means that they should be located near major highways, shopping centers, and other high-traffic areas.
Another important factor to consider is the availability of parking. EV charging stations should be located in areas where parking is readily available.
This ensures that drivers can easily park their vehicles and charge them without having to worry about finding a parking spot.
Number of Ports
The number of ports available at commercial EV charging stations is a critical factor that affects the overall efficiency of the charging process.
With more ports available, more electric vehicles can be charged simultaneously, reducing wait times and increasing accessibility for drivers.
In addition, the number of ports available can also impact the cost of charging. With more ports available, the cost per charge may be reduced, making it more affordable for drivers to charge their electric vehicles.
Charging Speed
While considering EV charging stations’ cost, another factor to consider is charging speed. It is a factor that affects commercial EV charging stations. The charging speed of a commercial EV charging station can vary depending on the type of charger used.
The faster the charging speed, the more vehicles can be charged. This is especially important for commercial charging stations that need to accommodate a large number of electric vehicles.
Find A Reliable Commercial EV Chargers Partner – BENY
If you are thinking of a reliable commercial EV chargerto partner with, you are in the right place because BENY is a trustworthy and dependable partner for commercial electric vehicle (EV) chargers.
With years of experience in the industry, BENY has established itself as a leading provider of high-quality charging solutions for businesses of all sizes.
Their chargers are designed to be reliable and efficient, ensuring that EV owners can charge their vehicles quickly and easily. In addition to their top-notch charging solutions, BENY also offers excellent customer service.
Conclusion
As the demand for electric vehicles (EV) continues to rise, the need for commercial EV charging stations has become increasingly important. However, electric car charging stations’ costs can vary greatly depending on several factors.
By carefully considering factors affecting commercial EV charging stations and other associated costs, businesses can make an informed decision and provide a valuable service to their customers.
With the service of BENY, you can be sure to get high-quality charging solutions for businesses of all sizes.
