How can I reduce the cost of charging an EV at home?

There are two main avenues for reducing EV charging costs. For your initial acquisition, the federal government, your state and local governments, and your utility provider may offer tax credits or rebates that lower the cost of buying and installing your charging equipment. For ongoing charging costs, check with your local utility to determine if time-of-day pricing is available. It is typically optimal to charge your EV at night, when demand is low.