Home Charger ROI Calculator

Is investing in a home charger worth it? Find out your payback period.

Inputs

Currency

Total Installation Cost

Include charger unit, electrician, and permits.

Monthly Energy Needs

kWh

Approx 300 kWh = 1000 miles (at 3.3 mi/kWh).

Home Rate

$ /kWh

Public Rate

$ /kWh

ROI Analysis

Monthly Savings -

Payback Period -

1-Year Net Savings -

5-Year Net Savings -

How it Works

We compare the cost of electricity usage at home rates versus public rates to determine monthly savings, then divide the installation cost by these savings.