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What is the cost of installing an electric vehicle charger?

Investing in electric vehicle (EV) chargers for your business is a strategic decision. However, one of the most common questions is how much it costs.

Several factors must be considered to determine the total cost of an installation, including the type of charger, the installation fees, the supervision licenses, and all the options for enhancements (ground markings, signage).

Let’s break down these elements to help you understand the total cost of installing an electric vehicle charger.

1. Different Types of Chargers

 

The cost of a charger can significantly vary depending on its power and features:

• Standard Charging (AC): Ideal for daily needs, these chargers offer power ranging from 7.4 to 22 kW. They are suitable for places where vehicles typically park for extended periods, such as in company parking lots or a cinema. The cost of one charger can vary from €800 to €1,400 per charger.

• Fast Charging (DC): Suitable for businesses that require rapid charging, such as gas stations or highway rest areas. These chargers offer power from 50 kW all the up to 400 kW. The price of a single charger can range from €20,000 to €100,000.

 

To be remotely controlled and allow energy management, these chargers are equipped with:

• Communication Systems: The OCPP (Open Charge Point Protocol) facilitates interaction between various equipment, and the 4G network allows for remote communication.

• Certified Electricity Metering System: The MID (Measurement Instruments Directive) module certifies the measurement of electricity consumption.

• A power management system to distribute power among the chargers and adapt to the building’s real-time electrical consumption. This energy management optimizes charging speed while protecting the electrical installations.

2. Installation Fees

Installation represents a significant part of the total cost. Here are some aspects to consider:

• Feasibility Study: A preliminary analysis of your site is often necessary to determine the optimal location for the chargers and available electrical capacity. This service is most often offered by the operator.

• Electrical Work, Cabling, Protection: The cost varies depending on the complexity of the installation and the distance between the charger and the main electrical panel. Fees can range from €500 to €2,500 per charger.

• Civil Engineering: This cost will vary based on the need to lay cables underground and dig trenches. This is determined based on the specific characteristics of each site.

• Configuration and Commissioning: The cost ranges between €50 and €200 per charger, depending on connectivity costs and the energy management strategy.

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3. Operating and Maintenance Costs

 

Beyond the initial installation, it’s important to consider recurring costs:

• Preventive Maintenance: It’s recommended to opt for a maintenance contract to ensure the proper functioning of the EVSE. Costs vary between €80 and €100 per year per charger, depending on the number of chargers installed.

• Corrective Maintenance: Optional and/or upon request.

• Supervision: A supervision operator provides tools to monitor the charger’s activity, its charging history, its consumption, and manage billing. Prices range from €10 to €50 per month per charge point.

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4. Financial subsidies

 

Fortunately, several financial aids and subsidies are available to reduce the installation cost:

Tax Credit: For individuals, some charging infrastructure may benefit from a tax credit, typically around 30% of the total cost.

Local Subsidies: Many regions and municipalities offer grants to encourage the installation of charers.

Government Programs: In France, the ADVENIR program offers subsidies that can cover up to 50% of the installation costs for businesses.

5. Example of total costs

 

• Case 1: Outdoor Equipment

For example, an outdoor parking lot equipped with 8 freestanding chargers, located 50 meters from the main electrical panel and requiring trenching in an asphalt driveway, the budget can reach €5,000 per charge point.

 

• Case 2: Indoor Equipment

For example, an indoor parking lot equipped with 8 wall-mounted chargers, located 10 meters from the main electrical panel and not requiring civil engineering work, the budget can reach €2,500 per charge point.

Conclusion

 

The cost of installing an electric vehicle charger depends on many factors, and there are options for every budget. Initial investments can be offset by long-term benefits, such as increased appeal to customers or employees, reduced fuel costs, billing related to electricity resale, and contributing to an eco-friendly corporate image.

At DejaBlue, we support you at every step of your project, from the feasibility study to the installation of your EVSE, and maintenance. Contact us for a detailed quote and find out how we can help you integrate electric mobility into your business.

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