We’ve shared a guide explaining the costs of AC and DC chargers and how you can spread the overall price of EV chargepoint installation and aftercare.
What are AC and DC chargers used for?
AC and DC chargers are installed for different purposes. AC chargers are usually more common, benefiting businesses with lower costs, increasing customers’ duration at a business’s premises and supporting employees with electric vehicles. DC chargers, or rapid chargers, benefit quick-stop businesses, including restaurants, service stations or shopping centres.
AC chargers deliver a slow-to-fast charge, taking 1 to 12 hours, while DC chargers are quicker, charging vehicles from 10 to 80% in as little as 15 minutes.
Both chargers have different installation processes and turnaround times; for example, DC chargers can have an approximate 14-week lead time, whilst AC chargers can take around 4 weeks for completion.
How much do AC and DC chargers cost?
The cost of EV chargers depends on the EV charger, power voltage, and the number of chargers installed. Many clients choose to spread the cost of installation and aftercare through our subscription model.
As an example, prices can look like:
- 4 x 22kw AC Chargers from £350 per month
- 1 x Market Leading ABB E-mobility 50kw DC Charger from £675 per month
- 1 x Market Leading ABB E-mobility 50kw DC Charger and 2 7.4kw Units from £800 per month.
How can our EV Subscribe model help?
If costs are holding you back from purchasing EV chargers for your business, EV Subscribe is a recurring payment plan that allows you to pay for your EV chargers using monthly payments with no upfront costs.
EV Subscribe helps by:
- No upfront costs
- Personalised monthly plans and payments provided by our finance brokers
- Contracts from 24 - 60 Months
- The ability to monetise your chargers using our market-leading back office management software
- Option to add EV ChargeCare for monthly reports on usage, revenue and issues per charger. Chargers are also updated with the latest firmware available and are remotely managed where applicable.
- Back office systems monitored out of hours (standard hours 9am to 5pm Monday to Friday)
