An increasing number of consumers are switching from a gas vehicle to an EV due to alluring tax credits, greater car model selections, and rising gas prices. In fact, if Americans were to purchase a car today, a recent Consumer Reports survey reveals that more than a third of them would unquestionably or significantly consider purchasing or leasing an EV. This indicates that the time to plan for EV charging infrastructure is now for property owners and managers. Here are a few things to think about, depending on your property type and the requirements of your residents, tenants, and visitors.
CHARGING TAKES PLACE MOSTLY AT HOME AND WORK. According to studies, the vast majority of EV charging takes place at the beginning and end of a driver’s day or during times when a car will already be parked for an extended period of time. These prolonged periods occur while drivers are resting or at work, so it seems sense that staying connected at home and at the office has several benefits. This guarantees that their daily schedules are not interrupted when they wake up or return to a fully charged car. This means that having dependable EV chargers available is crucial for retaining and luring tenants and residents to multifamily and commercial properties.
Faster is not always better in img2 Many property owners believe that the primary consideration when selecting EV charging stations is how quickly a station can fully charge an EV. Faster, though, isn’t necessarily better. Fast charging options may not always be required for a property because the majority of charging occurs at homes and places of employment where people spend long periods of time. Longer charge times are frequently more economical and more suited to drivers’ regular needs at buildings where automobiles are stored for several hours at a time, like multifamily complexes and office buildings. Property owners in these circumstances may want to think about Level 2 chargers , which use a 240-volt power source and fully charge a vehicle over a number of hours.
A PLACE FOR FAST CHARGING IN THE MIX
Level 3 charging stations, or DC fast chargers (DCFC) can charge a car to 100% depending on the battery and automobile in roughly 30 minutes. At bookend sites, Level 3 chargers might not always be required, but that doesn’t imply they don’t have a place. The quicker charging times provided by these stations may be a better fit for the needs of on-the-go visitors in commercial venues with shop tenants. Fast chargers are a terrific addition to homes near busy transportation routes since they enable drivers to swiftly refuel their vehicles during long commutes or road trips.
A property’s EV infrastructure strategy should ideally take its inhabitants, tenants, and visitors into account. For those who want the most convenience, this can include using Level 3 charging stations. Others interpret it as a variety of charging methods to meet a larger range of needs. Finding the ideal balance might be crucial to effectively addressing the demands of the community of EV drivers, which is constantly expanding.
To reduce costs, discounts and incentives are available. The good news for properties is that a lot of rebate and incentive programs can be used to pay for the installation and acquisition of EV charging stations across the nation. Due to federal, state, and municipal programs (including incentives from utility companies), qualifying properties can have most or all of their costs for EV charger projects paid. The application procedure can be complicated and time-consuming, but the labor is well worth the return. These refunds and incentives will expire eventually, much like other programs of a similar nature. The best course of action for qualified owners of multifamily and commercial properties is to take advantage of these incentives as soon as possible.
Processes can be streamlined with
Chargie.
It need not be challenging to create a successful EV infrastructure strategy and navigate the rebate and incentive environment. By designing and installing the chargers, leveraging the available incentives, and managing ongoing maintenance and operation of the stations, providers like Chargie make the process simple and turnkey. When drivers need them most, Chargies 99% network uptime makes sure chargers are accessible and dependable, and its Customer Care staff provides round-the-clock technical and account support.
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