Calculate Your EV Charging ROI
Welcome to the EV Charging ROI Payback Calculator!
Are you considering installing electric vehicle (EV) charging stations and want to understand the financial benefits? Our ROI payback calculator is here to help. By completing a few simple questions about your EV charging project, you can determine how long it will take to start earning a profit from your investment.
How It Works
- Complete the Form: Fill out the form with details about your EV charging project. We will ask for information such as the number of charging stations, installation costs, expected usage, and more.
- Provide Your Contact Information: After completing all the fields, please provide your name and email address.
- Receive Your Results: Once you submit the form, your personalized payback results will be displayed as a downloadable PDF.
Ready to find out how profitable your EV charging stations can be?
Start Your Calculation Now!
Enter Your Project Information Here:
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Calculated Totals Based on the Above Information:
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How to Calculate:
- Enter the number of EV chargers you plan to install.
- Select the type of EV charger you plan to install.
- Enter the estimated installation cost per EV charger (If unsure, for base estimates use $5,000 for Level 2 stations, and $50,000-$100,000 for DCFC stations, depending on the installation complexity).
- Enter your energy rate at a cost per kWh.
- Enter the rate you intend to bill per kWh.
- Enter the planned usage in hours per day.
- Plan for future energy rate increases by including an estimate for annual % rate increase.
- Estimate future demand on the station and include an annual % usage increase. (If unsure, we recommend estimating approx. 3%).
- Enter your state or province to determine your Corporate Tax Rate.