2026 BMW i7 eDrive50 Sedan (20"), NJ Charging Cost

New Jersey home charging cost for the 2026 BMW i7 eDrive50 Sedan (20 inch Wheels)

In New Jersey, home electricity runs 23.65¢/kWh, put a 2026 BMW i7 eDrive50 Sedan (20 inch Wheels)'s EPA-rated 39.9 kWh/100mi against that and 100 miles costs $9.43, versus $16.02 for a gas car averaging 25.5 mpg. Charging at home is much cheaper than gas here: 41.1% less than gas per mile, here specifically.

2026 BMW i7 eDrive50 Sedan (20 inch Wheels): yearly cost in New Jersey

At fueleconomy.gov's default of 15,000 annual miles, the 2026 BMW i7 eDrive50 Sedan (20 inch Wheels) costs roughly $1,415 a year to charge at home in New Jersey, against roughly $2,403 a year for an equivalent gas car. That's a savings of about $988 a year.

Cost of a full charge

Covering the 2026 BMW i7 eDrive50 Sedan (20 inch Wheels)'s EPA-rated 301-mile range takes about 120 kWh, which costs about $28.38 at New Jersey's residential rate, figured from the EPA's own combined range and consumption numbers, not the pack's nameplate capacity.

Where this ranks

This combination ranks 16,891 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The BMW i7 eDrive50 Sedan (20 inch Wheels) alone ranks 261 of 400 models for efficiency; New Jersey alone ranks 40 of 51 states for electricity price.

Next step: home charger installation

The numbers above assume Level 2 home charging is already in place, the electrical work behind that is a real, separate cost that varies by panel, wiring, and local labor rates, not something this page's per-mile math includes.

Get quotes from local electricians for Level 2 charger installation in New Jersey before deciding.

Where these figures come from

Every figure on this page traces to a named EIA or EPA dataset, see the methodology guide. New Jersey's 23.65¢/kWh rate ranks 40 of 51 states; the state rate guide lays out the full spread.