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How much can I save by charging my EV at home?

Pluginvest Help avatar
Written by Pluginvest Help
Updated over 11 months ago

In Belgium, the average difference between home charging and public charging is approximately €0.25 per kWh. This means that you can save hundreds of euros annually by charging at home.

Facts:

  • Car: 60 kWh battery and 210 km actual driving range

  • Charging at home: €0.33/kWh (CREG rate in February 2024)

  • Public charging: €0.45/kWh

  • Commuting: 45.8 km/day ( AMS 2020 figures)

Calculation:

  • Number of charges per month:

    • 45.8 km per day / 210 km driving range = 0.22 charges/day

  • Consumption per month:

    • 0.22 charges/day * 60 kWh/charge * 30 days = 403.2 kWh

  • Costs per month:

    • Home: 403.2 kWh * €0.33/kWh = €133.06

    • Public: 403.2 kWh * €0.45/kWh = €181.44

  • Savings per year:

    • €2,177.28 - €1,596.72 = €580.56


By charging at home you can save €580.56 per year on the costs of charging your electric car.

Attention:
This is a simplified calculation. There are other factors that can affect costs, such as:

  • The efficiency of the car

  • The loading time

  • The subsidies that are available

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