Electric vehicles are no longer just the future, they’re here. And for Colorado homeowners, the cost to install ev charger at home is one of the best ways to make EV ownership even more affordable and convenient. While some buyers get caught up in rebates and incentives, the real value lies in long-term savings, daily convenience, and smart energy use.
Here’s what every EV driver in Colorado should know.
How Much Does It Really Cost to Install an EV Charger at Home?
According to the Colorado Energy Office, charging an EV at home can save drivers $800–1,000 per year on fuel costs compared to a gas-powered vehicle. That’s a savings of over 75% every time you “fill up”.
- Average electricity cost in Colorado: ~$0.13 per kWh
- To fully charge a 75 kWh EV (like a Tesla Model 3): ~$10
- Gas equivalent: $50–$80 per tank (That’s a savings of over 75% on every “fill-up.”)
Plus, many utilities offer time-of-use rates that make overnight charging even cheaper, maximizing your savings while your car sits parked.
Let’s Talk About Ownership Costs
EVs cost less to maintain. No oil changes. Fewer moving parts. And much lower fuel costs.
Over a 5-year period, the average Coloradan saves $4,000–$6,000 on fuel and maintenance alone by driving electric instead of gas [source: Colorado Energy Office].
Installing a Level 2 charger at home ensures you’re set up to capture these savings every day. It also frees you from public charging fees that can be 2 to 4 times more expensive than home charging.
What About Installation Costs?
Installing a home charger is a one-time investment—typically between $799 and $1,999, depending on your home’s panel, wiring, and charger choice [source: Qmerit]. That includes:
- Equipment
- Panel evaluation or upgrade (if needed)
- Code-compliant installation by licensed electricians
Compared to the thousands you’ll save on fuel, the cost to install ev charger at home pays for itself in just a couple years.
What About Incentives?
In many parts of Colorado, residential incentives for EV chargers are limited or unavailable, especially in single-family neighborhoods. That’s why MAC Electric helps you focus on the benefits you can control: lower utility bills, simpler charging, and long-term cost savings.
However, you may still be eligible for the federal tax credit, which can offset 30% of installation costs (up to $1,000).
Also, rebates vary depending on your location in Colorado. Here’s a look at what some major utilities are offering for residential EV charger installations.
Why It Pays to Work With a Professional Installer
EV chargers draw a lot of power—more than a stove or dryer. Improper installation can create safety hazards or overload your panel. Many older homes in Colorado don’t have spare capacity on their panels. Our team performs a residential EV charging assessment before any work starts. We’ll check your panel, wiring, and grounding to ensure everything is up to code and future-ready.
MAC Electric’s in-house, licensed Value Engineering Team starts with a full assessment of your panel and electrical load. We design a custom, code-compliant solution for your home and vehicle, with no guesswork, no surprises, making the cost to install ev charger at home easier and more beneficial to you.
We’ve helped hundreds of Colorado homeowners transition to home EV charging with:
- Safe, fast, efficient installs
- Honest recommendations
- Turnkey project support (including permitting and inspection)
Real Feedback from Homeowners
“Awesome experience with MAC Electric. Technicians showed up on time and ready to work. They installed the charging unit within the anticipated timeframe, and talked through the commissioning process with me before heading out.”
“Fantastic experience! Crew was professional and highly competent and knocked it out, communicated, cleaned up, etc. Well deserved 5 stars and highly recommend!”
“They did a Tesla PowerShare and charger + 14-50 circuit…reasonably complex job! Thank you MAC Electric!”
Wondering if a Tesla-specific charger makes sense for your setup? Read our take.
Is Home Charging Worth It?
Absolutely. Here’s why:
- Save $800–$1,000 a year on fuel
- Spend 75% less than gas drivers per mile
- Skip the wait at public chargers
- Wake up every day to a full battery
- Future-proof your home for upcoming EV models
Whether you’re charging a Tesla, Rivian, or Ford Lightning, installing a Level 2 charger at home is one of the smartest, most cost-effective upgrades you can make.
Get a Custom Quote Today
MAC Electric’s Value Engineering Team is ready to assess your setup and give you a personalized installation plan, no sales pressure, just straightforward, smart solutions.
We’re here to make EV charging easier, safer, and more affordable for Colorado families. Request a quote today.