Most American homeowners will spend around $1,150 to $2,750 to purchase and install a 240-volt charging station. A good home charger costs $350 to $750 or so, while the typical installation runs between $800 and $2,000 according to Qmerit, a nationwide specialist in installing EV charging equipment.
However, some homeowners may be shocked to get a quote above $5,000, or possibly up to and even more than $10,000. This can be because older homes may have an outdated panel or the panel may not have room for a new 240-volt circuit.
We are happy to introduce you to our line of EV Charger Load Management products. When a homeowner wants to add a new EV Charger (or any load up to 60A), to an existing main or sub-panel that is at max capacity, our load management products offer the customer a reliable and affordable solution, without having to pay thousands of dollars for a full panel upgrade.
Tracy Price, the CEO of Qmerit, estimates that 20 to 30 percent of home EV charger installations today require a panel upgrade or a load-management system.
Featured EV Charger Load Management: SAK-60MS
Our SAK-60MS for electric vehicle charger load management allows loads up to 60A to be added to any main service panel or sub panel that is at risk of overload, or will become overloaded, when a new load is introduced. The onboard intelligent micro-controller monitors the load on the existing panel and only allows the added load access to the panel when capacity is available. Installation requires open breaker.