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Are At-Home EV Charging Stations Worth the Cost?

If you own an electric vehicle (EV) and don’t have an EV charger installed at your home, you know how much of a hassle it can be to find a public charging station when your EV’s battery is running low. Since installing an EV charger at your home can cost a bit of money, some homeowners haven’t invested in at-home EV charging stations because they’re not sure if it’s worth the cost. Though EV charging stations require an initial investment, they provide significant financial advantages while giving homeowners greater EV charging convenience.

5 Reasons EV Charging Station Installation Is Worth the Cost for Homeowners

Since EV charging stations offer several financial benefits, they can pay for themselves over time and be well worth the cost. While you consider investing in at-home EV charging installation, you can review the top five reasons EV chargers are worth the financial investment:

1. More Affordable Charging

When you charge your car at a public EV station, you’ll often be hit with a surcharge for the electricity you use. At-home EV charging installation solves this issue by allowing you to charge your car with your home’s electricity, eliminating surcharges and fees. Though your electric bills will go up, the cost to recharge your EV will still be less than charging at a public station.

2. Greater Opportunities For Tax Benefits

As the city of Sacramento and other government entities try to encourage people to switch to EVs, you can take advantage of many tax benefits and rebates. For example, the federal government is offering a 30% tax rebate for various electric vehicle charging stations under IRS form 8911, while SMUD offers up to $1,000 for EV charging equipment and installation. Due to the many available tax rebates and credits for EV chargers, you can make back a lot of the money you used to invest in an EV charger installation.

3. Increased Home Retail Value

Another way you can financially benefit from owning an at-home EV charger comes down to your home’s retail value. As more drivers adopt EVs, the demand for homes with EV charging stations will only increase as well. With an EV charging station in your home, you can often increase your home’s retail value, meaning you can sell it for more when you’re ready to move to a new home.

4. Reduced Mileage On Your Vehicle

Unless you have an EV charging station near your home or on a route you usually take, you likely have to go out of your way to charge your EV. Besides the annoyance of finding an EV station, the extra mileage on your vehicle means you’ll have to pay for more electricity over time. An at-home EV charger eliminates the need to go out of your way for a charge, which can save you money in recharge costs and reduce the mileage on your EV.

5. Better Ev Battery Protection

When you own an EV charger, you can better protect your vehicle’s battery by controlling the charging speed. While fast charging is convenient, it can reduce your battery’s life and make you pay for a new battery earlier than you should. Since many public charging stations only offer fast charging, investing in an at-home EV charger that offers slower charging can protect your EV’s battery and prevent the expense of having to replace your battery prematurely.

Choose Bonney for At-Home EV Charging Station Installation in Sacramento

If you’re looking for EV charging station installation near you in Sacramento or the surrounding areas, turn to Bonney. As proud partners of Tesla and ClipperCreek, we can help you receive an exceptional at-home EV charging station. Once you contact us, our team can help you select between Tesla Wall Connectors and Level 1 and Level 2 ESVEs from ClipperCreek. After you make a decision on the right charger for your EV and home, we’ll perform an EV charger install service to ensure your EV station is installed safely and correctly. Learn more about our at-home EV charging station installation services today. You can also review our coupons and financing services to ensure you can receive an EV charging station at a price or payment plan that works for your budget. If you have any questions or want to make an appointment, please contact us.