If you’re considering purchasing an electric vehicle (EV) in Canada, you may be wondering if installing an EVSE (electric vehicle supply equipment) at home will save you money in the long run. The answer is yes! Here are a few ways that installing an EVSE at home can help you save money:
- Lower Charging Costs
When you charge your EV at home with an EVSE, you’ll pay lower charging rates than you would at public charging stations. Plus, you won’t have to pay any fees or subscriptions to access your own home charging station.
- Reduced Maintenance Costs
EVs have fewer moving parts than traditional gasoline-powered vehicles, which means they require less maintenance. By charging your EV at home with an EVSE, you’ll also reduce wear and tear on your vehicle’s battery and charging components.
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- Time Savings
Charging your EV at home is convenient and can save you time. Instead of driving to a public charging station, you can simply plug in your car at home and let it charge overnight while you sleep.
- Increase Home Value
Installing an EVSE at home can increase the value of your property. This is especially true if you live in an area where electric vehicles are becoming more popular.
- Government Incentives
Some provinces in Canada offer incentives for homeowners who install EVSEs at home. For example, you may be eligible for a tax credit or rebate for the cost of installing an EVSE.
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