Home EV Charging in Monroe: What to Know
In Monroe, electricity runs about $0.096/kWh and gas about $2.95/gallon. For a typical driver covering 12,000 miles a year, that means charging an EV at home costs roughly $329 a year versus $1,264 in gasoline — a saving of about $935 annually.
A Level 2 charger installs for around $1,500, paying for itself in roughly 1.6 years of fuel savings — around $15,893 over 15 years. Home charging also beats public charging by about $1,042/year. Note: the federal 30C charger tax credit expired June 30, 2026, so Louisiana utility programs are now the main incentive. The local utility is Entergy Louisiana.
Cost & Savings Breakdown
12,000 miles per year in Monroe
15-Year Fuel Savings Projection
Available Rebates
Common Questions
How much does a home EV charger cost in Monroe?
A Level 2 home EV charger in Monroe, Louisiana costs about $1,500 installed. The federal 30C charger credit expired June 30, 2026.
How much does charging at home save in Monroe?
Driving 12,000 miles a year, a Monroe driver spends about $329 charging at home versus $1,264 on gasoline — a saving of roughly $935 per year, so a home charger pays for itself in about 1.6 years.
Is home charging cheaper than public charging in Monroe?
Yes. At Monroe's local electricity rate of $0.096/kWh, home charging is far cheaper than public Level 2 or DC fast charging (typically $0.30–$0.48/kWh) — saving about $1,042 a year versus charging in public.
Planning other home-energy upgrades?
Solar, batteries, heat pumps and EV chargers all work together. Run the numbers on the rest of your electrification plan: