Tuesday, September 13, 2022

An Eye-Opener -- And At 2:30 A.M. An Eye-Opener Was Needed -- September 13, 2022

California's EV infrastructure: yes, there is a webpage;
  • DC fast chargers: average rebate; unit cost; total project cost per charger: link here.

Comment:

  • up-front costs might seem like a barrier
  • but, at 15-minute charge, amortized over 365 days, 24 hours/day = dirt-cheap;
  • 25 cents / charge for the unit (this is just to payback the unit in one year at max use; does not include cost of electricity)
    • in other words (forgetting about maintenance, opportunity costs, interest, yada, yada, yada, if an operator charges 25 cents per charge, would pay for the unit in one year
    • would double his/her money in one year at 50 cents per charge

Costs:

  • for 1 installed DC fast charger,
    • the average rebate per charger was $61,767
    • the average unit cost per charger was $41,599, and,
    • the average total project cost per DC fast charger was $111,874
    • total cost of one-DC fast charger project, average: $111,874.
  • for 2 installed DC fast chargers, 
    • the average rebate per DC fast charger was $66,569, 
    • the average unit cost per charger was $37,584, and, 
    • the average total project cost per DC fast charger was $114,674. 
    • total cost of one-DC fast charger project, average: $229,348
  • for 3 installed DC fast chargers, 
    • the average rebate per DC fast charger was $72,107
    • the average unit cost per charger was $26,728, and,  
    • the average total project cost per DC fast charger was $117,659. 
    • total cost of one-DC fast charger project, average: $352,977
  • for 4 or more installed DC fast chargers, 
    • the average rebate per DC fast charger was $69,307, 
    • the average unit cost per charger was $26,903, and, 
    • the average total project cost per DC fast charger was $103,958. 
    • total cost of one-DC fast charger project, average: $415,832

This graph excludes sites that installed both Level 2 and DC fast chargers as a single project. This graph excludes some DC fast charger sites where the unit cost was undefined because of aggregated equipment costs.

Disclaimer: I often make simple arithmetic errors. Everything I post should be fact-checked.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

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