How to Calculate Your Own EV Charging Costs

Knowing how much it costs to charge your EV can help you budget and compare electricity tariffs.

The calculation is simple.

Step 1: Find Your Battery Size

EV battery capacity is measured in kWh (kilowatt-hours).

EV Battery Size kWh | Third Rock Energy

Common battery sizes include:

Battery Size Typical Vehicle Type
20-40kWh Smaller EV's
50-70kWh Family EV's
70+kWh Long-range EV's

You can find your battery size in your vehicle handbook or manufacturer's specifications.

Related Reading: 


Step 2: Find Your Electricity Price

Check your electricity bill for your price per kWh.

Examples:

UK EV Charging Tariffs | Third Rock Energy


Step 3: Use the Formula

EV Charging Cost Calculation | Third Rock Energy

Example:

- 60kWh battery

- 25p per kWh (£0.25)

Calculation:

60 × £0.25 = £15

A full charge would cost approximately £15.


Don't Forget Charging Losses

Some energy is lost during charging.

For a more realistic estimate, add around 10%.

Example:

£15 × 1.10 = £16.50


How to Calculate Cost Per Mile

Most EVs travel between 3 and 5 miles for every kWh used.

Use this formula:

Electricity Price ÷ Miles per kWh = Cost Per Mile

Example:

  • Electricity price = 25p per kWh
  • Efficiency = 4 miles per kWh

25 ÷ 4 = 6.25p per mile


Quick Example Table

Battery Size 10p/kWh 25p/kWh
40kWh £4 £10
60kWh £6 £15
80kWh £8 £20

Figures shown before charging losses.


Key Takeaway

To estimate your EV charging cost:

  1. Find your battery size.
  2. Find your electricity rate.
  3. Multiply the two numbers.
  4. Add around 10% for charging losses.

That's all you need to calculate your EV charging costs at home.

Learn More

EV Charging Speeds Explained

Portable EV Charger vs Wallbox

Can You Charge an EV from a 3-Pin Plug?

EV Charging Cable Length Guide

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