Home EV Charging in Silver Spring: What to Know
In Silver Spring, electricity runs about $0.158/kWh and gas about $3.30/gallon. For a typical driver covering 12,000 miles a year, that means charging an EV at home costs roughly $542 a year versus $1,414 in gasoline — a saving of about $873 annually.
A Level 2 charger installs for around $1,600 (about $900 after the local utility rebate of up to $700), paying for itself in roughly 1 years of fuel savings — around $15,329 over 15 years. Home charging also beats public charging by about $830/year. Note: the federal 30C charger tax credit expired June 30, 2026, so Maryland utility programs are now the main incentive. The local utility is PEPCO.
Cost & Savings Breakdown
12,000 miles per year in Silver Spring
15-Year Fuel Savings Projection
Available Rebates
Common Questions
How much does a home EV charger cost in Silver Spring?
A Level 2 home EV charger in Silver Spring, Maryland costs about $1,600 installed, or about $900 after the available utility rebate of up to $700. The federal 30C charger credit expired June 30, 2026.
How much does charging at home save in Silver Spring?
Driving 12,000 miles a year, a Silver Spring driver spends about $542 charging at home versus $1,414 on gasoline — a saving of roughly $873 per year, so a home charger pays for itself in about 1 years.
Is home charging cheaper than public charging in Silver Spring?
Yes. At Silver Spring's local electricity rate of $0.158/kWh, home charging is far cheaper than public Level 2 or DC fast charging (typically $0.30–$0.48/kWh) — saving about $830 a year versus charging in public.
Compare EV Charging Costs Near Silver Spring
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: