Charging Station Installation Costs: Factors and Benefits

Installing a charging station is a crucial factor in owning an electric vehicle. Costs are related to various station types, solar power systems, and accompanying services.

Costs of Various Charging Stations

The charging station is a critical factor in the process of installing an electric vehicle. Level 1 charging stations use 120V power with costs ranging from 7,000,000 to 10,000,000 VND. Meanwhile, Level 2 charging stations use 240V power costing from 15,000,000 to 25,000,000 VND. AC stations are priced from 200 to 1,000 USD, and higher power DC stations can cost from 2,000 to 10,000 USD depending on brand and capacity.

The costs of various charging stations are divided into several main components, providing businesses with a comprehensive view of investing and deploying an efficient charging station system.

Charging Station Equipment Costs

Equipment cost is one of the decisive factors in the initial total cost of deploying a charging station. The price of electric vehicle chargers depends on the type of station and power capacity:

• Slow charging stations (7kW-22kW): Priced from 15 to 50 million VND per unit.
• Fast Charging Stations (50kW-150kW): Range from 200 to 400 million VND per unit.
• Ultra-fast charging stations (150kW-350kW): From 500 million VND to 1.5 billion VND per unit.

Electric vehicle charger equipment is often manufactured in various places, including products from China, notable for many reputable international brands such as Thibidi, Schneider, or ABB, offering viable options in terms of price and quality.

Installation and Power System Costs

Installation costs make up a significant portion of the investment in a charging station, as building basic infrastructure can be very expensive:

• Installation and construction of a charging station may range from 50 to 300 million VND, depending on scale and number of charging units.
• Charging station systems that require upgrading or expanding electrical infrastructure may need an additional 100 to 500 million VND.
• Fire protection systems, an indispensable part, cost from 50 to 150 million VND.
• Software management and operation costs for the charging station, serving to monitor the entire system operation, range from 50 to 200 million VND per year.

Site and Permit Costs

Site and permit issues are also unavoidable costs:

• Renting site from 10 to 50 million VND per month, depending on the station location.
• Building and electrical connection permits cost from 20 to 100 million VND.

Energy Operation Costs

The energy consumption of an electric charging station is also a major factor affecting operational costs:

• Electricity prices for operating charging stations have separate tariffs, with rates changing depending on power levels and usage times.
• For example, the cost to charge a VinFast vehicle at a station is about 3,210.9 VND/kWh.

Other Costs

To optimize operational costs, businesses can invest in energy management systems, costing from 4,000 to 5,000 USD per system, to help minimize power loss.

Choosing fast charging stations or ultra-fast stations depends on the business needs and infrastructure conditions, determining the total investment in the charging station system, affecting long-term usage costs.

Integration of Solar Power System for Charging Station

Installing a solar power system to supply energy for an electric charging station is a sustainable and long-term cost-effective solution. The system costs range from 20,000,000 to 50,000,000 VND. Integrating electric vehicles into the solar power system not only optimizes operational costs but also helps reduce greenhouse gas emissions.

Integrating a solar power system for the solar energy charging station plays an important role in providing a clean and sustainable energy source. This system includes main components like solar panels, inverters, charging equipment, and storage battery systems to ensure efficient and continuous operation.

Solar panels are the most crucial part responsible for capturing sunlight and converting it into direct current (DC). The inverter then receives this DC to convert it into alternating current (AC), suitable for electric vehicle charging equipment. Charging stations have levels from Level 1, Level 2 (AC) to Level 3 (DC fast charging) to meet different charging needs of electric vehicles.

An indispensable element in the charging station system for solar energy is the storage battery system. They ensure the power supply for the charging station even when sunlight is not available, like at night or on rainy days. Therefore, the system continuously operates, reducing the load on the national grid and significantly saving electricity costs.

The superior function of this charging station model is its grid-tied capability. When stored energy is insufficient, the system can automatically draw electricity from the grid to ensure the station does not stop operating. Conversely, surplus electricity can be fed back into the grid, generating revenue or offsetting other consumption. This requires the environment to have a stable grid to achieve optimal efficiency.

The prospects for solar energy charging stations in Vietnam are very positive, with increasing demands from businesses and households trending toward renewable energy usage. This solution not only contributes to reducing greenhouse gas emissions but also represents a long-term investment in a green and sustainable future.

Maintenance and Auxiliary Costs When Installing Charging Station

Charging Station Maintenance and auxiliary costs are factors that need consideration. Regular maintenance costs and technical support in the first year range from 1,000,000 to 3,000,000 VND per year. Survey and consultation may be offered free or at a fee of 500,000 VND. Additionally, costs for upgrading the electrical system to match the charging station may range from 3,000,000 to 7,000,000 VND.

Maintaining the charging station is an essential component in ensuring the stability and performance of the electric charging system. To effectively conduct maintenance, the following activities need prioritization:

• Regularly checking the electrical system to timely detect and fix issues.
• Replacing worn parts over time to maintain smooth operation.
• Updating software and control systems to integrate new features and improve performance.

Annual maintenance costs are estimated to range from 1,000,000 to 3,000,000 VND, depending on the type of charging station and accompanying maintenance services.

When deploying a charging station, certain auxiliary costs must be considered to ensure complete installation:

• Labor costs: Installation and system checks may cost from 2,000,000 to 5,000,000 VND.
• Material costs: Electrical wires and conduits along with necessary accessories typically cost from 1,000,000 to 3,000,000 VND.
• Costs for electrical systems: Installing a 240V outlet and upgrading electrical panels may require spending between 3,000,000 and 7,000,000 VND.

For charging stations requiring large capacities, installing a transformer substation is essential. This cost usually ranges from 300 million to 500 million VND, depending on capacity and location.

Furthermore, in cases of site rental, the price can range from 10 million to 50 million VND per month, depending on the specific location.

Integrating solar energy solutions can optimize the supply of clean energy for the charging station. The total cost for this solution is around 20 million to 50 million VND.

To ensure a stable power supply, the energy storage system should be considered. The cost for this is around 15 million to 40 million VND.

In summary, maintenance and auxiliary costs go beyond direct installation expenses, including services and support solutions to maintain efficient and optimized operations for the charging station.

Installing an electric charging station not only affects initial costs but also offers many strategic benefits such as energy cost savings, emission reduction, and optimizing the electrical system when combined with renewable energy sources.

Contact QuangAnhcons immediately for detailed advice on installing an electric charging station: Hotline: +84 9 1975 8191

QuangAnhcons provides comprehensive electric charging station installation services, from surveying, consulting to deploying charging systems and integrating renewable energy.