A global population of more than 7.5 billion means businesses need to adapt to the massive shifts in transportation and energy! Installing an electric vehicle (EV) charging station at your commercial property can attract more tenants, customers, and help you stand out. This article explains how businesses can profit from commercial EV charging stations and how to choose the right EV charging infrastructure.
Attract More Customers and Increase Revenue
Commercial properties with EV charging stationscan attract more customers to a business and can increase revenue and profits. They can also be helpful for EV drivers looking for a parking space to park and charge. People who drive electric cars usually stay longer at places where there are charging stations. Installing EV charging stations at a business can make it more valuable for commercial EV charging.
For companies that opt to install electric vehicle charging stations, there's a variety of subsidies and discounts that can be obtained. These incentives can help with lowering the cost of establishing these stations, making the installation more affordable. For example, theFederal Tax Creditcould offset up to 30% of the installation costs, with a maximum cap of $30,000.
Level 2 Chargers vs. DC Fast Chargers
When choosing an EV charger for your business, consider these two choices.
Level 2 chargers and DC fast chargers are widely popular amongst businesses and commercial property management companies. Level 2 chargers are prevalent at EV charging stations, taking around 4-8 hours to fully charge an electric vehicle.
DC fast chargers can charge an EV in as little as 30 minutes, but they're much more expensive than other options. Plus, the DC fast charger requires more electricity than others.
A few things to consider when choosing an EV charging station are the number of charging stations you need. Some of the determining factors are the scale of your enterprise, and the projected requirement for charging points.
Also, the number of EVs in your area and EVs on the road play a role in your decision. It's important to have enough charging stations to meet demand, but not so many that they are not used.
Charging Station Features
There are several features to consider when choosing an EV charging station for your business. These include:
-Compatibility with different types of electric vehicles.
-Durability and weather resistance.
-Remote monitoring and management capabilities.
-Ability to integrate with existing software and systems.
Choosing the right EV charging station for your business can be daunting, but it's essential. Consider factors such as charger type, number of charging stations, and features. Take advantage of tax incentives and rebates to make installation more affordable.
Once you have chosen the right charger, the installation begins. Our professionals will help you review the warranty and service agreement, research local regulations and permits, and train your staff.
Make the installation process hassle-free with PLEMCo's expert insights and start providing sustainable solutions for your business today!