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How to Find the Best EV Charger

Written by Lisa Iscrupe

Edited by Hannah Hillson

Last updated 11/15/2022

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Key Points

  • The best EV chargers cost between $400–$900.
  • Chargers are designated as either Level 1, Level 2, or Level 3. 
  • EV chargers qualify for the 30% federal tax credit plus $1,000 toward installation.

EV charger FAQs

  • EV chargers are expensive, typically ranging from $400 to $900. However, recent data from Yardeni Research shows the annual household now spends about $5,000 per year on gasoline, making an EV charger an economical choice.

  • A residential Level 2 charger can fully charge an EV from empty in 3 to 8 hours, which is why most EV owners charge their cars overnight. The exact time will depend on your vehicle. For average commutes, you only need to charge your car every other day or just top off the battery at night.

  • Yes. After the initial investment, a home EV charger will provide a quick return on investment because the cost of home charging is cheaper than paying for gasoline for an internal combustion engine (ICE) vehicle or using a public EV charging station that charges fees.

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