Ultimately, the cost to install a home charging station varies on a number of determining factors: Age of the home Electric panel capacity Type of installation; and Distance of the panel to the car charger For many, upgrading the entire service panel is required in order to install an additional dedicated 240v outlet for EV charging. For example, adding a 50 Amp outlet on your 100 Amp panel would take up half the total capacity. However, by sharing an existing 240v outlet between two devices (like a dryer and an EV charger), it's easy to save thousands of dollars on installation costs. Below is a table that breaks down various costs that go into installing home EV charging.