EV charger installation and maintenance
Starting costs about $19,000 in the United States and 3,310,000 NGN in Nigeria. After 12 months, this business can bring in about $3,350 net per month in the United States and 828,000 NGN in Nigeria. The starting money comes back in about 12 months, with 40 hours of work per week.
Mundyo estimates, data as of 2026-11-02.
See the numbers for my countryFree, no account, in the currency of 247 countries.
The numbers
| Country | To start | Net per month (month 12) |
|---|---|---|
| United States | $19,000 | $3,350 |
| Nigeria | 3,310,000 NGN | 828,000 NGN |
| United Kingdom | £12,900 | £2,330 |
| Kenya | 843,000 KES | 116,000 KES |
| India | 413,000 INR | 79,500 INR |
Amounts adjusted to each country's price and income levels.
The problem
As electric vehicles spread, homeowners, residential buildings and businesses need safe charging points but struggle to find a qualified, responsive installer.
The solution
Installing chargers at homes, shared car parks and workplaces, with load study, any required paperwork, and a maintenance and monitoring contract.
Your customers
Homeowners with a garage, residential buildings, hotels, shops, fleet managers and small businesses equipping their car parks.
How you make money
€400-900 margin and labour per home charger, €1,500+ for shared sites, maintenance at €80-150 per charger per year.
Competition
General electricians, installer networks tied to carmakers and energy suppliers, and large public charging operators.
Who has an edge
A qualified electrician who specialises, gets the required certifications and targets residential buildings and businesses that generalists neglect.
The risks
Mandatory certifications, uneven EV adoption across countries, price wars on home chargers and reliance on public incentives.
The first 3 steps
- Obtain the qualifications required for charger installation.
- Pick two charger brands and negotiate reseller prices.
- Approach car dealers and building managers for referrals.
How the numbers are calculated
Example in a high-income eurozone country, at month 12: revenue €5,400 − costs €3,100 = €2,300 net per month. Revenue: 6 home chargers × €650 + 1 shared site × €1,500. Costs: cables and electrical supplies, van, insurance, certification, social contributions. For other countries, Mundyo adjusts the starting budget to the price level (World Bank) and the income to prices and customers' purchasing power, then converts at the day's exchange rate.
Frequently asked questions
How much does it cost to start: EV charger installation?
About $19,000 (United States), 3,310,000 NGN (Nigeria), £12,900 (United Kingdom), depending on the country. Mundyo calculates the amount for 247 countries.
How much can you earn per month?
After 12 months, about $3,350 (United States), 828,000 NGN (Nigeria), £2,330 (United Kingdom) net per month, after costs.
How long until I get my starting money back?
About 12 months, with 40 hours of work per week.
What are the risks?
Mandatory certifications, uneven EV adoption across countries, price wars on home chargers and reliance on public incentives.
Where do I start?
1. Obtain the qualifications required for charger installation. 2. Pick two charger brands and negotiate reseller prices. 3. Approach car dealers and building managers for referrals.
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