The Pros and Cons of Having an EV Charger at Home

With the introduction of electric cars, more people have jumped on the train of having one. If you are among the people on their way to upgrading their gas car to a modern electric car, it is important to think about how you will have your card charged. With this in mind, EV charger installation has begun popping up at home. If this is your solution, let us look at some advantages and drawbacks to show if having an electric car charging station at home is a good investment.

Pros to Having an EV Charging Station at Home:

Convenience

Having an EV charger at home is more convenient than charging in a public place. The number one convenience is to have to wait in line to charge your car and go round looking for a charging station and not exhausting your car’s remaining range. You will feel more secure in knowing you have a safe charging location and you know exactly where to find the charge as well as how long it will take.

Cost-effective

Charging your car in your driveway is way cheaper than going to a public charging station. Until you can install the charging system at your home, then you will not be able to know how much money you can save by having it at your home.

High property value

Many more people are switching to electric cars with time, and therefore having a charging system at home will increase your home value in case you want to sell it in future.

Tax credit

If you are thinking of having a home installed car charger, you can claim a tax credit at the end of the year. You can combine the money you save from tax, charging from home and the value added to your home and see how much more benefit you reap from it.

Cons to Having an EV Charging Station at Home:

Longer charging times

It is not a guarantee that all the home chargers at home will live up to your expectation.  You might experience slow charging compared to going to a public charging area. It is important to do more research on brands to avoid having problems with your charging system.

Initially expensive

Installing a car charging system at home might be initially costly compared to a public charging system. If you have not budgeted to pay for the full installation, it would be a good thing to stick to public stations until you can put together the entire cost of installing one. You can, however, decide to have a financial goal towards raising the full amount that will be enough for the installation.

Final thoughts on The Pros and Cons of Having an EV Charger at Home

With the many benefits that come with installing a home car charging system, you must do your research on brands to ensure that you can avoid the drawbacks. It is, however, clear that having an EV charging system in your home will do you more good than harm, and therefore it would be a good idea to invest in one either now or soon.