We are Vijaya Power Solutions an Electric Vehicle Charging station that provides Charging as a service.
Introduction:
The shift to electric vehicles (EVs) brings forth the need to understand the intricacies of charging costs—a key factor in the embrace of sustainable mobility. In this comprehensive guide, we explore the cost of charging an electric vehicle in India, considering both home charging and fast charging at public stations. Using a standard electric car as an example, we provide detailed calculations for both scenarios, shedding light on the financial aspects of EV ownership.
The Landscape of EV Charging in India:
Public Charging Stations:
The proliferation of public charging stations marks a pivotal aspect of India’s evolving EV infrastructure. We delve into the convenience and costs associated with utilizing these public charging points, especially those equipped with fast chargers.
Home Charging Infrastructure:
Charging an electric vehicle at home is a convenient option for many EV owners. We explore the types of home charging solutions, from standard wall sockets to dedicated home charging points, and discuss the cost implications.
Calculating the Cost of Charging:
Electricity Rates:
Understanding the electricity rates in your locality is the first step in calculating the cost of charging. Rates may vary, and some regions offer special tariffs for EV charging.
Charging Efficiency:
Different electric vehicles have varying charging efficiencies. Factors such as the efficiency of the charging system and the state of charge of the battery impact the overall energy consumption.
Example Calculation: Charging a Standard Electric Car:
Let’s consider a standard electric car with the following specifications:
Battery Capacity: 60 kWh
Energy Consumption Rate: 15 kWh/100 miles
Charging Efficiency: 90%
Assuming you want to charge the electric car from 20% to 80%, here’s the calculation for both home and fast charging:
Home Charging:
Calculate the Energy Needed:
Energy needed = Battery Capacity * (Final State of Charge – Initial State of Charge)
Energy needed = 60 kWh * (0.8 – 0.2) = 24 kWh
Calculate the Charging Time:
Charging Time = Energy Needed / Charging Power
Assuming a 7 kW charging power for home charging:
Charging Time = 24 kWh / 7 kW ≈ 3.43 hour
Cost of Charging = Energy Needed * Electricity Rate
Assuming an average electricity rate of ₹7 per kWh:
Cost of Charging = 24 kWh * ₹7 = ₹168
Fast Charging at Public Station:
Calculate the Charging Time:
Charging Time = Energy Needed / Charging Power
Assuming a fast-charging station with a charging power of 50 kW:
Charging Time = 24 kWh / 50 kW = 0.48 hours (approximately 29 minutes)
Calculate the Cost of Fast Charging:
Cost of Fast Charging = Energy Needed * Charging Rate
Assuming a charging rate of ₹10 per kWh at the fast-charging station:
Cost of Fast Charging = 24 kWh * ₹10 = ₹240
Notice: The electricity rates in your locality are the first step in calculating the cost of charging. Rates may vary, and some regions offer special tariffs for EV charging. so we will update rates regularly if any changes occur.