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Total cost to drive electric in Charlotte, NC
Short answer: At North Carolina's average 14.95¢/kWh, charging at home costs about $462/yr for a small car, $526 for an SUV and $815 for a pickup. Add a $0–$1,367 Level 2 install after the verified rebate. 5-year total for an SUV: $2,632–$3,999.
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Yearly home-charging cost by vehicle class
| Class | Example model (EPA) | kWh/100 mi | Miles/yr | Charging/yr | 5-yr total incl. install |
|---|---|---|---|---|---|
| Small car | 2026 Nissan LEAF 75 kWh (18-inch steel wheels) | 28 | 11,026 | $462 11,026 mi × 28 kWh/100 mi ÷ 100 = 3,087 kWh; × 14.95¢ = $462/yr | $2,308–$3,675 $0–$1,367 install + 5 × $462 = $2,308–$3,675 |
| SUV | 2026 Chevrolet Equinox EV FWD | 31 | 11,360 | $526 11,360 mi × 31 kWh/100 mi ÷ 100 = 3,522 kWh; × 14.95¢ = $526/yr | $2,632–$3,999 $0–$1,367 install + 5 × $526 = $2,632–$3,999 |
| Pickup truck | 2026 Chevrolet Silverado EV Extended Range WT | 48 | 11,360 | $815 11,360 mi × 48 kWh/100 mi ÷ 100 = 5,453 kWh; × 14.95¢ = $815/yr | $4,076–$5,443 $0–$1,367 install + 5 × $815 = $4,076–$5,443 |
The math assumes 100% home charging at the state average residential price, with no charging losses, rate changes, discounting or time-of-use plan. It excludes the vehicle price, insurance and maintenance (data pending). Miles: car 11,026 for the small car; light truck/van 11,360 for the SUV and pickup. Sources: U.S. DOE/EPA fueleconomy.gov – vehicle records (combined kWh/100 mi); U.S. DOE AFDC – Average Annual Vehicle Miles Traveled by Major Vehicle Category (AFDC cites FHWA Highway Statistics, Table VM-1); EIA Electric Power Monthly, Table 5.6.A (residential, August 2026, preliminary; released Oct 23, 2026); Qmerit – How much does Level 2 EV charger installation cost? (national, accessed 2026-10-25); Duke Energy – Charger Prep Credit, customer credit option (accessed 2026-10-25).
Install after rebate: $749 − $1,133 = $0; $2,500 − $1,133 = $1,367.
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Last updated: Oct 25, 2026.
How much does it cost to charge an EV at home in Charlotte?
About $462/yr (small car) to $815/yr (pickup) at 14.95¢/kWh, the EIA North Carolina residential average.
Where do the efficiency numbers come from?
fueleconomy.gov combined kWh/100 mi for the 2026 Nissan LEAF 75 kWh (28), Chevrolet Equinox EV FWD (31) and Silverado EV Extended Range WT (48).
How many miles a year are assumed?
11,026 for cars and 11,360 for light trucks/vans, from the DOE AFDC (citing FHWA).