Is it worth getting a home charge point installed ?

[mohammedk84]

I was thinking about the economics of getting a home charger installed, I think they cost around £380 to get one installed.

My electric costs 15p/kw and I drive to a 50kw charging station near me 5 away which charges around 25p kw.

Doing quick calculations, the costs extra using the higher rate it only come to around £70 per year (it would take 5 years to pay it off so to speak If I installed one).

Was it worth getting charge point installed ??

[Peugot406]

For me a home charging point is not only about money it about the convenience.
No more waiting for a couple of hours at a charging point to fill up.

Also look at better electricity rates (some people can get as low as 3p/KwH).