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With the rise in electricity, is charging your electric car still as interesting ?

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The end of the thermal engine in 2035 is still a horizon for Europe and electric vehicles traveling across the Old Continent have never been so numerous. For the year 2022, they represented 12.1% of the share of new vehicles, a trend which reflects the growing adoption of drivers. Behind the nicely varnished picture of the energy transition through the decarbonization of the car lies a reality that must not be forgotten: the cost of recharging at home.

Practices and financial implications of home charging

For the vast majority of EV users, home charging is the widely preferred solution. According to a study by the company ChargeGuru, single-phase (3.7 or 7.4 kW) and three-phase (11 or 22 kW) charging options vary; the former being more commonly supported by government aid.

On average, electric car owners travel 300 km each week by recharging their vehicles at home. In fact, this results in an increase in electricity consumption, of the order of 21%compared to owners of a thermal vehicle, the autonomy of an electric vehicle being lower than that of an equivalent thermal vehicle.

Thus, weekly consumption for average use (around 50 kWh) would cost per month between 30 and 40 euros. Compared to a full tank of gasoline, the additional cost is more than modest and electric wins the match easily.

In the long term, own and driving an EV therefore remains much more advantageous and economical for the moment. For now… In fact, electricity prices have continued to increase over the last three years. Since February 1, these have started to rise again: +8.6% for the base rate and +9.8% for the “peak-off-peak” rate according to service-public.fr. An increase which is partly explained by the abandonment of the tariff shield put in place in 2021.

Recharging your electric car will therefore cost well and truly more expensive than before, an additional cost estimated at around one euro more per recharge according to information from our colleagues at 01net.< /p>

Still, the difference compared to the fuel budget is still enormous. For equivalent models, recharging at home costs at least three times less than a full tank of gasoline. The price of electricity would therefore have to triple for home charging to be less advantageous than a full tank of fuel.

  • A majority of electric car drivers prefer home charging over other available means.
  • On average, the monthly cost varies between 30 and 40 euros, which remains still much lower than the full tank of gasoline in a thermal car.
  • Even if the additional cost is minimal, the increase electricity prices since February 1, 2024 increase the cost of recharging by one euro on average.

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Teilor Stone

By Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116