Level 2 EV Charger (240V) in Madison — $1,934/yr to Run (14.9¢/kWh)
Your level 2 ev charger (240v) in Madison costs about $161/month at 14.9¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Madison, WI Electricity Rate
14.9¢/kWh
Utility: Madison Gas & Electric (MGE)
+15% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$6.45
43.2 kWh/day
Monthly Cost
$161.14
1080 kWh/mo
Annual Cost
$1,934
12,960 kWh/yr
Lifetime (15yr)
$29,004
energy only
Monthly Cost Breakdown in Madison
| Period | kWh | Madison Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 43.2 | $6.45 | $5.62 | +$0.83 |
| Weekly | 302.4 | $45.12 | $39.31 | +$5.81 |
| Monthly | 1080.0 | $161.14 | $140.40 | +$20.74 |
| Quarterly | 3240.0 | $483.41 | $421.20 | +$62.21 |
| Annual | 12960.0 | $1933.63 | $1684.80 | +$248.83 |
Customize Your Level 2 EV Charger (240V) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Madison.
Daily
$6.45
Monthly
$161.14
Annual
$1,934
15-Year
$29,004
Energy Saving Tips for Level 2 EV Charger (240V) in Madison
- ✓Madison electricity rates are 15% above the national average — energy efficiency matters more here.
- ✓A smart Level 2 EV Charger (240V) with scheduling optimization can save ~$387/year at Madison rates.
- ✓Charge during off-peak hours
- ✓Set charging schedules
- ✓Use solar for daytime charging
Highest-Cost Appliances in Madison, WI
See which appliances cost the most to run at Madison's 14.9¢/kWh electricity rate.
Electric Furnace
HVAC · 10,000W
$1,343/yr
$111.90/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$980/yr
$81.69/mo
EV Charger (Level 2)
Garage · 7,200W
$967/yr
$80.57/mo
Boiler (Electric)
HVAC · 6,000W
$806/yr
$67.14/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$735/yr
$61.27/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$735/yr
$61.27/mo
Heat Pump
HVAC · 2,400W
$573/yr
$47.74/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$537/yr
$44.76/mo
Level 2 EV Charger (240V) Cost in Other Wisconsin Cities
Level 2 EV Charger (240V) Energy Cost FAQ — Madison, WI
Understanding Level 2 EV Charger (240V) Energy Costs in Madison, WI
Madison is a mid-sized Wisconsin city where residential electricity rates from Madison Gas & Electric (MGE) are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Level 2 EV Charger (240V) (7,200W) at Madison's rate of 14.9¢/kWh costs approximately $1,934 per year — $249 more than the national average of $1,685.
Madison rates are 15% above the national average — a modest premium that adds $249 per year to Level 2 EV Charger (240V) operating costs. Over the appliance's 15-year lifespan, that's $3,732 in cumulative extra spending versus the national average.
Madison's cost of living index of 92 is below the national average, and electricity costs reflect that affordability. The Level 2 EV Charger (240V) adds $161.14/month to a typical bill of $134. While no ENERGY STAR version is available, a smart Level 2 EV Charger (240V) with automated scheduling can reduce consumption by 20%, saving $387/year.
Madison's moderate climate (avg 57.4°F) helps keep seasonal energy cost swings manageable for most appliances. A Level 2 EV Charger (240V) produces approximately 9.2 tons of CO2 annually at typical usage. Madison residents can reduce this footprint by optimizing usage patterns, or investing in solar — see our solar savings calculator for Madison.
Compare All Energy Costs in Madison
See energy costs for 178+ household appliances at Madison's local electricity rate.