Home EV Charging in Parma: What to Know
In Parma, electricity runs about $0.154/kWh and gas about $3.20/gallon. For a typical driver covering 12,000 miles a year, that means charging an EV at home costs roughly $528 a year versus $1,371 in gasoline — a saving of about $843 annually.
A Level 2 charger installs for around $1,500, paying for itself in roughly 1.8 years of fuel savings — around $14,187 over 15 years. Home charging also beats public charging by about $843/year. Note: the federal 30C charger tax credit expired June 30, 2026, so Ohio utility programs are now the main incentive. The local utility is FirstEnergy.
Cost & Savings Breakdown
12,000 miles per year in Parma
15-Year Fuel Savings Projection
Available Rebates
Common Questions
How much does a home EV charger cost in Parma?
A Level 2 home EV charger in Parma, Ohio costs about $1,500 installed. The federal 30C charger credit expired June 30, 2026.
How much does charging at home save in Parma?
Driving 12,000 miles a year, a Parma driver spends about $528 charging at home versus $1,371 on gasoline — a saving of roughly $843 per year, so a home charger pays for itself in about 1.8 years.
Is home charging cheaper than public charging in Parma?
Yes. At Parma's local electricity rate of $0.154/kWh, home charging is far cheaper than public Level 2 or DC fast charging (typically $0.30–$0.48/kWh) — saving about $843 a year versus charging in public.
Compare EV Charging Costs Near Parma
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: