ev charging stations help the environment and attract ev drivers
Invest in your business with ev charging
Business owners can be some of the biggest to benefit from the electric vehicle (EV) charging revolution. By installing EV chargers on their property, they can attract more customers, increase property values, and even generate additional income. Installing EV chargers can be a great investment for business owners because it shows their commitment to sustainable practices, too.
Demand for EV Charging
The popularity of electric vehicles (EVs) is increasing. Business owners and commercial property owners are looking to invest in EV charging stations as a result. Installing a charging station not only helps the environment but also attracts more customers who drive EVs.
EV charging isn't just popular, thedemand is rising.It's an opportunity to help you business grow alongside the EV network that's electrifying the United States. The Federal Highway Administration has plans to work with President Biden on buildingEV infrastructure that spans nationwide.
Owners and operators of shopping centers, for example, may find that their customers are looking for stations offering EV charging. They offer convenience and value to customers because it makes shopping easier and more enjoyable. They'll be able to cut down on charging time, drive more miles per day, and boost their miles of range
However, selecting the right EV charger for your commercial property can be challenging. In this blog post, we'll provide you with a guide to choose the best EV charger for your business.
EV Chargers in California
Californiais one of the leading states in EV adoption, with more than 1.5 million EVs on its roads. The state offers several incentives for installing EV chargers in commercial properties. The Electric Vehicle Infrastructure Project (EVIP) offers financial assistance. It covers up to 75% of the total cost of installing EV chargers.
Commercial EV Charging Installation
When choosing an EV charger, it's crucial to consider the charging speed and capacity. Level 2 chargers are the most common option for commercial properties. They provide a faster charging speed, can charge two vehicles at a time, and have a high charging capacity. Level 2 chargers can be easily installed in your parking lot or garage.
Aside from charging stations, EV infrastructure includes the installation of electrical panels and wiring. Hiring a licensed electrician is essential. This will ensure the proper functioning of the charging station. It will also help avoid overloading your electrical system.
Federal Tax Incentives
The federal government offers tax incentives for installing EV charging stations in commercial properties. The Alternative Fuel Infrastructure Tax Credit offers a tax credit of up to 30%. This significantly reduces the total cost of installing a charging station.
Level 2 Chargers
Level 2 chargers have an advantage over Level 1 chargers. This is because Level 2s can fully charge an electric vehicle in a notably shorter time frame of only 4-6 hours.
Chargers with higher capacity are ideal for commercial properties. They can charge two vehicles at once. This makes them an excellent choice.
Boasting the ability to charge two vehicles simultaneously, they are a wise investment for those seeking efficiency and convenience. Consequently, this positions them as an all-around fantastic choice for any circumstance.
Electric Vehicle Charging
Offering charging services can help your business stand out from competitors and attract more EV-driving customers. And EV drivers are often willing to pay more to charge their vehicles, too. This can be a huge profit advantage for businesses.
Level 2 charging stations are often available with a range of connections, such as J1772 and CHAdeMO. This makes them compatible with most electric cars on the market. Level 2 chargers are more efficient than Level 1 charging options, meaning they use less electricity and cost less to install. This significantly reduces the total cost of an EV charging station installation.
Commercial EV Charging Station Profit
For businesses, offering electric car charging services can be a great way to increase profits and attract more customers. EV drivers often prefer to charge their vehicles at businesses.
They are willing to pay more for this option than purchasing a home charging system. This can provide a significant increase in profits for businesses.
Businesses can also benefit from the increased visibility that comes with offering EV charging services that show they are environmentally-friendly. This helps create a more positive reputation!
Consider the charging speed, capacity, and installation cost when selecting your charger, and take advantage of tax incentives to reduce the overall cost.
Looking to attract eco-conscious customers and generate extra revenue for your business? Investing in an EV charging station could be the answer. For expert guidance on installation and maximizing ROI, contact PLEMCo today!