Sustainable Mobility

Buying an Electric Car: What Extra Costs Should You Expect?

Written by Alain DierckxPublished on 7/23/202611 min. read

calculating the extra costs of electric cars

At a glance

Want to buy an electric car? What are the extra costs (home charging, electricity, inspections, etc.)?

The purchase price of an electric vehicle (EV) remains a hot topic. The pros and cons of an electric vehicle compared to petrol or diesel vehicles are regularly highlighted, as shown by the responses to the questions asked in Redion's Mobility Barometer.

But do you really have an idea of the extra costs you'll face on top of the purchase price of an EV? Particularly the costs related to your home?
Our blogger Alain Dierckx takes stock.

The Extra Costs Involved in Buying an Electric Vehicle

At the home level:

  • Purchasing a wallbox or charging station
  • Installing the wallbox or charging station
  • Potentially higher electricity consumption
  • Possible upgrade of the electricity meter
  • Possible reinforcement of the electrical connection
  • Inspection of installations and modifications
  • In apartment buildings: adaptation of the shared electrical system

Other additional costs:

  • Insurance
  • Maintenance
  • Taxes

A Cost Estimate

Below you'll find indicative costs related to your home. Don't hesitate to request several quotes before having the installation done, as prices can vary considerably from one manufacturer and installer to another.

  • Purchasing a wallbox or a standard charging station: €500 to €1,200
  • Purchasing a smart wallbox or charging station: €1,500 to €3,000
  • Price of a simple installation: €300 to €900
  • Price of a complex installation: €900 to €3,500
  • Additional electricity cost: €0.32 per kWh (without solar panels)
  • Electricity meter upgrade: €370 to €1,400 (if needed, depending on single-phase or three-phase)
  • Reinforcement of the electrical connection: €250 to €350, plus fees charged by the electricity supplier
  • Inspection of the charging station: €150 to €200
  • Inspection of the electricity meter: €200 to €250

For apartment buildings under joint ownership, costs can reach up to €2,000, depending on the decision made by the co-owners' association.

The price you pay to charge your electric vehicle at home varies depending on whether you opt for a wallbox or a separate charging station.

A "Wallbox"

A wallbox is mounted on a wall, is compact in size, and is ideal if you have a driveway close to a wall.
The price of a wallbox is around €600 for the least powerful version. It can, however, reach €4,000 for connected models and those allowing faster charging.
For wallboxes allowing bidirectional charging, the price starts at around €4,500.

A Freestanding Charging Station

The price of a basic freestanding charging station (pedestal) ranges from €500 to €1,200. For a smart charging station, it ranges from €1,200 to €3,000.

How Much Does It Cost to Install a Wallbox or a Freestanding Charging Station?

Wallbox: A wallbox must be installed by a professional. The price they charge will depend on the charging power, the length and routing of the cable, and the condition of the electrical panel.
For a simple installation, expect to pay between €600 and €900.
If the installation is more complex, the cost can reach between €3,000 and €3,500.

Charging station (freestanding pedestal):
A freestanding charging station has underground cabling and therefore requires, among other things, excavation work for its installation. The cost also depends on the type of station and the distance between it and the electricity meter. Installation can therefore cost up to €2,000 and must also be carried out by a professional.

What Is the Impact on Electricity Consumption?

If you charge your vehicle solely with electricity produced by solar panels or other energy sources, you naturally pay nothing for the charge.
On the other hand, if you don't produce electricity from solar panels or other sources, you pay on average €0.32 per kWh (average cost in 2025).

Depending on the make and model, an electric vehicle consumes between 15 and 20 kWh per 100 kilometers. This means the cost per 100 km ranges between €4.8 and €6.4.

Do You Need to Upgrade the Electrical Panel?

In some cases, your electrical panel will need to be upgraded or replaced. The price of this work depends on the condition of the panel, the type of connection (single-phase or three-phase), and the number of circuits in the panel: Single-phase: on average between €365 and €875
Three-phase: on average between €535 and €1,400

Do You Need to Reinforce the Electrical Connection?

If you opt for a three-phase charging station, you'll generally need to reinforce your electrical connection. This is particularly the case if you have a heat pump and an induction cooktop on a single-phase installation.
Cost: between €250 and €350.

Electricity companies charge for certain modification work. We recommend checking with them and/or using their simulation tool.

Do Installations Need to Be Inspected?

  • Inspecting a charging station is mandatory and costs between €150 and €200.
  • Inspecting a modified or replaced electrical panel costs between €200 and €250.

What Is the Situation in Apartment Buildings?

In apartment buildings, several adaptations may be necessary:

  • Cable routing needs to be set up
  • The electrical panel needs to be expanded
  • Connection to the shared meter needs to be made
  • Consumption measurement via an individual meter needs to be set up
  • Load balancing needs to be configured

The costs related to the above adaptations vary considerably and depend on the decisions made by the co-owners' association. Per co-owner, the cost can range between €0 and €2,000.

Car Insurance

Due to the higher purchase price, the greater weight of the car, and its higher power, the risk of more significant damage in the event of an accident also increases. The insurance premium may therefore be higher than for petrol or diesel vehicles.

Vehicle Maintenance

The maintenance cost of an electric vehicle is lower than that of fossil-fuel cars, but repair costs can be higher due to specific parts such as the battery or the inverter.

Taxation

The registration tax is lower than for petrol and diesel cars, as is the annual road tax.

Tires

Due to the higher weight of an electric vehicle, tires wear out faster than on fossil-fuel vehicles. This means electric vehicles need tire changes more often, each costing about €100 more.

Written by Alain DierckxPublished on 7/23/202611 min. read

11 min. read

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