How does the cost of DC Fast Charging compare to Level 2 charging

How does the cost of DC Fast Charging compare to Level 2 charging

DC Fast Charging (DCFC) and Level 2 charging differ significantly in both upfront installation costs and per-kWh charging fees:

Cost per kWh Comparison

  • DC Fast Charging:
    • $0.40–$0.60 per kWh for commercial stations, translating to $10–$30 per full charge for a typical EV battery.
    • Exclusively using DCFC for 13,489 annual miles costs $1,540–$2,300/year.
  • Level 2 Public Charging:
    • $0.20–$0.25 per kWh, totaling $8–$10 per full charge for a 40 kWh battery.
    • Annual costs for the same mileage range $770–$963.

Installation & Infrastructure Costs

  • DC Fast Chargers:
    • $20,000–$100,000 per unit, with additional costs for high-power electrical infrastructure.
  • Level 2 Chargers:
    • $500–$5,000 per unit, making them a cost-effective choice for home or fleet installations.

Operational Considerations

  • Speed: DCFC charges EVs in 30–60 minutes, while Level 2 chargers require overnight sessions for full capacity.
  • Usage Scenarios:
    • DCFC is ideal for highway stops or commercial fleets needing rapid turnaround.
    • Level 2 suits workplaces, residential areas, and fleets with predictable downtime.

For most drivers, Level 2 charging at home (when available) remains the cheapest long-term option, while DCFC provides premium convenience at a higher cost.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/how-does-the-cost-of-dc-fast-charging-compare-to-level-2-charging/

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