How Much Does It Cost To Charge A Ford Lightning?

Photo Courtesy Of CJ Rinehart (@_cj392)

One of the best ways to compare an electric vehicle to a gas vehicle is to compare the price of what it uses to run. As more electric cars make their way onto the market, the average price of electricity is going to be important to know. Where you charge does play a big role in how much you may be paying, as some public chargers will allow you to charge for free. At home, which is where most electric cars are charged, the price will still vary but almost always you will be seeing the cost on your monthly power bill.

How much does it cost to charge a Ford Lightning? The cost to charge a Ford Lightning will vary in each state and will even vary depending on where you live and how you charge your car. On average, at-home charging a standard model Ford Lightning costs around $13.91. The average price for the extended-range battery would be around $18.59 at home.

Like I mentioned before, all states are different can vary in electricity cost. If you want to calculate how much it would cost for you to charge at home then all you need to do is take the price of electricity and multiply it by the size of the battery divided by 100. For example, how the Ford Lightnings has a standard battery size of 98 kWh, divide 98 by 100 to get .98, then multiply .98 by 14.19 (the average cost of electricity) to get $13.91, which would be the cost to fully charge the Ford Lightning.

Average Cost To Charge A Ford Lightning At Home

The average residential electricity rate in the U.S. is 14.19 cents per kilowatt-hour as of December 6, 2021. By Using this price and the equation above we can find how much it would cost to charge the Ford Lightning at your home, which would be 13.91$ for the standard model and 18.59$ for the extended model. This is only an estimation as every state has different electricity rates. 

By going to Choose Energy, you can look at your state’s price for electricity. The lowest price currently is $10.40, while the highest is $34.30, which is why it makes it hard to rely on the average price because there could be a large price difference on electricity depending on where you live. Charging a car will be noticeable on your monthly power bill, so it is good to know the price of electricity so you can know what to expect when the bill comes. 

Another cost you must be aware of is installing a charger in your home. It will cost a good amount of money to install a charger in your home, even though Ford supplies you with different chargers depending on what trim you buy, you still would have to pay to have them installed. Although you can use just a basic 120v outlet with the Ford Lightning, this is not suggested as it could take up to 3 to 4 days to fully charge the Ford Lightning.

Average Cost To Charge A Ford Lightning At A Public Charger

Electricity costs can vary greatly at public chargers and they change continuously throughout the day. It can go from being 2 dollars to charge for an hour in the morning, then in the afternoon it could be free, and then it could shoot up to 10 dollars an hour at night. Because of this great variation in electricity prices, it is almost impossible to say exactly how much it would cost. Thankfully a lot of charging stations have different subscriptions that allow you to use the chargers so we can have a better idea of how much it may cost. 

Lots of public chargers have different ways you could pay, some even have subscription services that allow you to use their chargers for a monthly payment. These subscription chargers give you a better way to calculate how much it would cost to use public chargers. These companies and charging stations offer different priced subscriptions that work offer varying benefits. Subscription prices can vary from $4 to over $10, some of these will give you free charging at their chargers, some may give you discounts when charging, and some just give you access to the chargers. 

How Much Is Your Monthly Power Bill Going To Go Up?

If you charge the Ford Lightning at your home you can expect an increase in your power, this also goes for any electric vehicle you charge at home. Charging an electric vehicle does take quite a bit of power and will increase your monthly electric bill by around 32%. This number is just an average and depending on how often you drive and charge the vehicle could be higher or lower. The price that you could expect will base on your habits of charging the vehicle and how far and often you drive it.

If we took the average price for charging the Ford Lightning, we can calculate an average of what it may cost to charge it monthly and what will be reflected on your power bill. If we took the charging cost mentioned before ($13.19) and multiplied it by 30 days it would give us around $395 for the month. This price is not very accurate, however as you will not be charging your car from 0% to 100% every day because this is known to be bad for the battery and would take a lot of driving. Knowing this, you could expect your monthly payment to be lower than $250 on average, it could even be as low as an additional $20 as reported by some electric vehicle owners.

Tips For Optimizing Charging Costs

Public chargers are quicker than charging at home, but on average, are generally considered cheaper because people do not charge their cars fully on them. You also don’t have to pay for the installation of a charging station in your home, but if you were to charge your car fully for a long amount of time, it would surpass the cost of a home charger.

There are some downsides to using public chargers. You have to be in a specific location to use a public charger and they are not always the most convenient. You may have to walk somewhere if it is not right next to where you need it to be or set aside time from your day to charge. When using a fast charger, it will only take about 40 to 45 minutes to charge the Ford Lightning to 80%, which is much faster than charging at home, but you do have to be careful because constantly using fast chargers can damage your battery. 

When charging at home, there are also some things you can do to decrease your monthly power bill. First of all, you want to make sure you are not constantly charging your electric vehicle to 100%. Charging from 60% to 80% is recommended as it will protect and preserve the life of your battery as well as decrease your monthly power bill and you should still have plenty of range for your daily drives.

It is also convenient to be able to plug your vehicle in while you are home and have it charged and ready for you in the morning. Slow charging is also considered healthier for the battery. Charging from home is very common when owning an electric vehicle, this will probably be the norm for a long time until charging stations become more widespread. Even when charging stations are available charging from home is very convenient unless you need a quick charge or are doing a long drive.

Recent Posts