As electric vehicles (EVs) become more popular across Ontario, many EV owners are looking into installing an EV charger at home. Whether you’re a new EV owner or thinking about making the switch, having a charger at home can be a game-changer. It allows you to power your vehicle conveniently and efficiently, without the need to rely on public EV charging stations that can sometimes be unreliable, too far from home, or just not available when you need them.
Having your own EV charger gives you control over when and how you charge and can save you money in the long run, especially if you charge during off-peak electricity hours. But before you move forward, you’re likely wondering, “How much does it cost to install an EV charger?” In this blog, we’ll explore the real costs of EV charger installation in Ontario, so you can better decide if now is the right time for you to make the switch.
The Cost of the EV Charger Unit
There are two main types of EV chargers available for home use: Level 1 and Level 2.
- Level 1 chargers are the ones that typically come with your EV. They plug into a standard 120V outlet and, while cheaper, take a long time to charge your electric vehicle. For some drivers, this slower charging rate may be fine if you only do short trips and have plenty of time to recharge at home.
- Level 2 chargers offer a much faster charge and are the most popular option for home installation. They require a 240V outlet, similar to what you’d use for large appliances like a dryer. The price of a Level 2 charger can vary depending on the brand and model you choose.
For a basic Level 2 charger, you can expect to pay anywhere from $500 to $1,200. Higher-end models with smart features, like app connectivity or energy monitoring, can cost up to $2,000 or more. This is just the cost of the equipment and doesn’t include installation.
Installation Costs in Ontario
The second part of the cost involves the installation of your EV charger. The price can vary depending on several factors, including your home’s electrical system, the distance between your electrical panel and the charging point, and any additional upgrades or permits that may be required.
Here’s a breakdown of what affects installation costs:
- Distance from Electrical Panel to Charging Location: If your electrical panel is far from where you want to install the EV charger, running the necessary wiring will increase the cost. Typically, this costs around $75 to $150 per meter for materials and labour. The longer the distance, the higher the cost.
- Electrical Panel Upgrades: If your current electrical panel doesn’t have enough capacity to handle a 240V charger, you might need to upgrade it. In Ontario, the cost of panel upgrades can range from $1,500 to $3,000, depending on the complexity and size of the upgrade. Some older homes may require more extensive upgrades, which can add to the cost.
- Permit Fees: In many areas of Ontario, you’re required to get a permit for electrical work. Permit fees vary by municipality but typically range from $100 to $250.
- Labour Costs: The hourly rate for a licensed electrician in Ontario generally ranges between $90 and $130 per hour. For a basic installation that doesn’t require extensive rewiring or panel upgrades, you’re looking at about 3 to 6 hours of labour. This means labour alone could cost between $270 and $780.
- Additional Materials: Depending on your home setup, there may be extra materials needed, such as mounting brackets, additional wiring, or protective covers. These materials usually add to the total cost.
Total Estimated Installation Costs
Taking all these factors into account, a typical EV charger installation in Ontario will usually cost between $700 and $2,500. Here’s how the costs break down:
- Basic Level 2 charger: $500 – $1,200
- Installation (labour, materials, permits): $700 – $1,500
- Electrical panel upgrade (if necessary): $1,500 – $3,000
If your home is ready for a simple install without the need for an electrical upgrade, you’re looking at a total cost of around $1,200 to $2,700 for both the charger and installation. However, if you need significant electrical work done, the cost can climb to $4,000 or more.
Rebates and Incentives
One way to reduce the cost of your EV charger installation in Ontario is through rebates and incentives. The provincial government, through certain programs, offers rebates for installing EV chargers at home. For example, the Electric Vehicle Charging Incentive Program provides rebates of up to 50% of the total cost of purchasing and installing a Level 2 home charger, up to a maximum of $1,000.
To qualify for this rebate, you must own or lease an EV and purchase the charger for residential use. The rebate applies to both the cost of the charger and the installation, which can significantly reduce your out-of-pocket expenses. You can check the official Ontario government websites or contact your local municipality for the most up-to-date information on available rebates.
Is It Worth It to Invest in a Home EV Charger?
Although installing an EV charger may seem like a big expense, there are actually many benefits to doing so. They include:
- Convenience: One of the biggest advantages of having your own EV charger is the convenience. You can plug in your car when you get home, and it’ll be ready to go when you need it. There’s no need to search for public charging stations or wait in line.
- Savings Over Time: While the installation cost might seem steep, charging your car at home is generally cheaper than using public chargers. Depending on your electricity rate, you could save money over time by charging your vehicle during off-peak hours.
- Property Value: Adding an EV charger to your home can also increase your property’s value. As more people switch to electric vehicles, having a ready-to-go charging solution can be a selling point for future buyers.
Time to Install an EV Charger? Call the Pros!
If you’re ready to install an EV charger at your home in Ontario, it’s important to work with a licensed professional who can handle the job safely and efficiently. At ElectricSafe in Hamilton, ON, we specialize in residential EV charger installations.
We can guide you through the entire process, from choosing the right charger to ensuring your home’s electrical system is ready for the upgrade.
