⚠️ The federal clean-energy tax credits were rolled back in 2026 (solar/battery credits ended Dec 31, 2025; the EV-charger credit June 30, 2026). State & utility rebates are now the main savings.
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Home EV Charger Cost in Clovis, New Mexico

Local charger pricing, rebates, and home charging savings vs gas for Clovis drivers.

$959
Fuel Savings/yr
1.6 yrs
Charger Payback
$1,500
Net Charger Cost
$16,339
15-Year Savings

Home EV Charging in Clovis: What to Know

In Clovis, electricity runs about $0.114/kWh and gas about $3.15/gallon. For a typical driver covering 12,000 miles a year, that means charging an EV at home costs roughly $391 a year versus $1,350 in gasoline — a saving of about $959 annually.

A Level 2 charger installs for around $1,500, paying for itself in roughly 1.6 years of fuel savings — around $16,339 over 15 years. Home charging also beats public charging by about $981/year. Note: the federal 30C charger tax credit expired June 30, 2026, so New Mexico utility programs are now the main incentive. The local utility is Xcel Energy NM.

Cost & Savings Breakdown

12,000 miles per year in Clovis

Gas Car Fuel/yr
$1,350
Home Charging/yr
$391
Annual Fuel Savings
$959
vs Public Charging
$981/yr
Level 2 Charger Cost
$1,500
Utility Rebate
None
Net Charger Cost
$1,500
CO₂ Avoided/yr
5,486 lbs

15-Year Fuel Savings Projection

$-541$4k$8k$12k$16kBreakeven yr 2yr 1yr 5yr 10yr 15yr 20yr 25

Available Rebates

Federal 30C Credit — The 30% federal charger credit (up to $1,000) expired June 30, 2026.
View all New Mexico rebates →

Common Questions

How much does a home EV charger cost in Clovis?

A Level 2 home EV charger in Clovis, New Mexico costs about $1,500 installed. The federal 30C charger credit expired June 30, 2026.

How much does charging at home save in Clovis?

Driving 12,000 miles a year, a Clovis driver spends about $391 charging at home versus $1,350 on gasoline — a saving of roughly $959 per year, so a home charger pays for itself in about 1.6 years.

Is home charging cheaper than public charging in Clovis?

Yes. At Clovis's local electricity rate of $0.114/kWh, home charging is far cheaper than public Level 2 or DC fast charging (typically $0.30–$0.48/kWh) — saving about $981 a year versus charging in public.

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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: