You definitely have a few inquiries regarding charging your EV at home if you're getting ready to purchase your first electric vehicle. For someone who has always relied on gas to keep their automobile running, the thought of charging your car at home may seem like a pipe dream. Yet it isn't!
Fact-based on the research says that according to Data Bridge Market Research, the global market for purchasing auto charging stations would increase by 48% between 2019 and 2026. Up to 2030, it would take more than $70 billion in expenditures to build enough electric car charging equipment, according to a Mckinsey report from 2019.
Home charging stations provide many more advantages than public charging stations. Overall, they're more affordable, more practical, and 100 percent safe (as long as they're put correctly). Here are top a few advantages of installing a home charging station in case you are still undecided.
1. Economical pricing
You may pay a set cost for a domestic charging station and receive limitless energy from the same source that keeps your house warm and your refrigerator cool rather than purchasing battery power from a third party every time you need it. Even while your energy bill could somewhat increase, you'll still save money by avoiding excursions to public charging stations.
It's simple to locate your own reasonably priced home charging station. It's crucial to understand that the cost of your charger will not be included in the cost of installation. When you buy an EV, it usually comes with a Level 1 charger, however, these chargers have poor charging rates.
Installing your home charger requires hiring an electrician with EV certification, particularly if you buy a Level 2 charger. Do your homework in advance since the price for a residential charger installation service might vary. Since you won't need to consume nearly as much battery power from public charging stations, these costs will eventually pay for themselves. Additionally, you won't be required to pay higher prices established by independent power producers like Shell or BP.
2. Practicality in Investment
Your EV will typically need a Level 2 charger for four to six hours to completely charge. Say you have to go 50 miles to see your grandparents tomorrow morning. You need to use a public charging station since your EV's battery is low and you don't have a charger installed at home. Are you really going to stay at a public charging station for six hours in your car? What if you have to wait even longer to plug in your car because there is a line?
With a household charging station, the same problem is considerably easier to handle. The only thing left to do is drive home, plug in the vehicle, and turn in. After that, your car will be completely charged and ready to go when you wake up in the morning. It is obvious that a public charging station cannot compare to the convenience of a home charging station.
For a number of reasons, charging at home is safer than charging in public. First, public spaces are often riskier than private ones. The dangers associated with charging your EV in public (which can take a while, as was previously indicated) are the same as those associated with parking your car on the street or in a garage. There is always a danger that it will be damaged by fire, flood, lightning, vandalism, theft, or other natural disasters. You're keeping yourself and your EV safer by charging at home.
It is quite safe to charge your EV at home as long as you have the right tools and assistance from a reputable domestic charger installation provider. Your EV-certified electrician will examine your home's electrical wiring and take care of any problems that could obstruct the installation.
For instance, Level 2 chargers need a single 240-volt circuit to charge safely and effectively. You will thus need to either locate another source of power for the refrigerator or create a brand-new circuit if there is just one circuit in your garage and it is being used to power a refrigerator. In any case, the installation service team will assist with any modifications required to get your charger up and running.
4. Future Appreciation
With the current scenario, it is all an uncertainty of knowing how long will cars be running on fuels at all. The world will at some point switch itself to EV vehicles, and once they do, all the apartments holding EV charging provisions are gonna scale up, the potential of future appreciation of apartments with EV charging provisions is way higher than the regular ones.
If you have decided that there ain’t a better investment currently than investing in a house with an EV charging station then contact us now for investing in the best properties in Gurgaon.
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