Providing EV charging stations at your business makes it stand out as EVs become more popular. As more people choose electric vehicles because of their environmental friendliness, cost savings and government offers, providing EV charging stations services on commercial premises has transitioned from being a gimmick to a sound business decision.
We’ll examine how businesses can gain competitive advantages from offering EV charging stations, explore various types of commercial chargers, examine cost factors and highlight the potential of incentives and solar-powered EV charging for boosting the returns from your investment.
1. Attract and Retain Customers
One of the greatest advantages of installing commercial EV charging stations is attracting more customers to your business. EV owners must find places to charge their cars and many choose destinations where they can complete other activities as well. Installing Level 2 EV chargers or faster options means your business will attract EV drivers on their travels.
You may find that EV drivers decide to linger in your business for longer periods. Places such as shopping centers, restaurants, hotels and major stores gain particular advantage because an EV charge usually takes from 30 minutes up to several hours, varying by the level of charging.
2. Enhance Brand Image and Sustainability
Companies need to focus on sustainability to stay competitive in the present business world. The installation of EV charging stations demonstrates an organization’s dedication to cutting emissions. This positively influenсes socially conscious consumers, clients and shareholders.
Installing solar-powered EV charging equals reinforcing your dedication to preserving the environment. Such installations harness green electricity, thereby reducing the amount of conventional energy needed and ultimately lowering ongoing energy costs. Environmental organizations and investors recognize businesses which prioritize using green energy.
3. Increase Employee Satisfaction
Pursuing a sustainable approach helps businesses gain an edge in the current market. Installing EV charging stations shows that a company makes effort to cut down its CO2 output and supports sustainable policies. What results is growing acceptance among both employees and consumers.
Installing solar-powered EV charging stations lets you show you’re committed to protecting the environment. Installing EV chargers that run on solar energy lets you use environmentally responsible and reliable power, minimizing your dependence on the local grid and cutting ongoing energy bills. Many organizations and investors applaud firms that implement renewable energy solutions as industry pioneers of sustainability.
4. Boost Property Value and Future-Proofing
Having EV chargers at your property can increase what it’s worth. Having EV charging stations increases the attractiveness of properties to both prospective buyers and tenants according to real estate specialists.
Sites without EV charging installations may not remain competitive in the real estate market. Announcing your property as EV-ready now keeps you prepared for the growing EV market and lets you avoid having to remodel in the future.
5. Tap Into Government Incentives and Rebates
Another huge advantage of introducing EV charging stations now is all the financial incentives and rebates that are offered. Governments at national, state and local levels offer a variety of incentives to assist businesses with the upfront cost of installing charging stations.
Businesses in the US may qualify for a 30% tax credit installed an electric vehicle charger. Some local utility companies offer cost-efficient packages for installing Level 2 chargers and fast charging stations.
It’s important to reach out to both government agencies and utility companies in your area to find out about existing incentives and programs.
6. Generate Additional Revenue
Businesses have different strategies available to generate income from their public EV chargers. Prices for customers can be set as charging cost per kilowatt-hour, by the minute or a fixed amount per charging session. This eventually leads to having a stable and reliable source of revenue.
Others give customers complimentary charging to increase the amount of time they spend in the business. Some businesses have different price levels for certain groups of customers.
Joining a network of EV charging stations may help you attract new customers from apps and maps commonly used by EV drivers.
7. Flexible Charging Options
Businesses have several EV charger options available to meet their needs and take advantage of various benefits.
- Level 1 Chargers: Older 120V outlets are slow for charging cars and are primarily used in emergencies.
- Level 2 EV Chargers: The charging time for Level 2 commercial chargers is typically one hour and will boost the car by 10-60 miles of range per hour.
- DC Fast Chargers: Provides the capability to charge a vehicle’s battery by 80% within thirty minutes. It’s ideal for places with high traffic or businesses catering to a large number of drivers.
Deciding which charging stations to install should consider the requirements of your customers and the industry you’re in.
Conclusion
More and more people are choosing to drive electric vehicles around the globe. Introducing EV charging stations at your place of business brings in new customers, helps your company become more environmentally friendly, makes you eligible for financial incentives, raises the value of your property and secures a profitable outlook for the future. Finding the right solution among Level 2 chargers, fast charging stations and solar EV charging will ensure long-term benefits for your business.
Give precedence to early adoption by making EV charging available today. Making the move to EV charging now gives you an edge and sets your business up for long-term success.