Electric vehicles are still a relatively new product in the automobile industry, so it’s understandable that businesses and property owners might have a few questions or misconceptions surrounding the idea of installing EV charging stations in their parking lots. However, the installation of one, two, or more charging stations at a business is proven to enhance customer loyalty, provide a meaningful benefit to employees, spread environmental awareness, and possibly bring in additional revenue. Still, the misconceptions remain, so through this post we will address seven of the top “myths” folks have around installing charging stations at their properties or businesses.
Installation is too expensive. This myth is relative, of course, depending on your business, the layout of your property and budget. Based on the electric infrastructure needs and layout of a business, the price of installation varies—but usually a Level 2 charging station (the most common level: 240-volts with at least 30 amps) costs less than $1,500. Plus, in many cases, the federal government offers rebates to businesses that install charging stations, and several states also offer incentives. To get a free site assessment at your property, visit EV Connect’s Website to learn more about starting up an EV charging program!
Not enough people drive electric vehicles. A report from the Electric Vehicle Transportation Center states that nearly 120,000 EVs were sold in the U.S. in 2014, and a Bloomberg New Energy Finance report says that the sale of electric vehicles will hit 41 million by 2040. People are buying EVs, and they’re buying them at a consistently growing rate.
Electric car charging stations are difficult to manage. Utilizing a managed services company, like EV Connect, is a smart way to develop a charging station program for your business. EV Connect operates the industry’s most flexible and manageable cloud-based platform for the managing charging stations and the drivers who utilize them. Our platform provides enterprise and energy systems integration via an open API; charge station agnostic command and control; driver communications and support; and demand-response functionality across multiple charging networks to streamline both the management and consumer usage of charging stations.
The installation process is beyond complicated. Typically, the preparation and installation process involves hiring a professional (electrical contractor) to do the technical and manual labor (unless you fancy yourself a do-it-yourselfer of sorts, in which case this notion probably isn’t so scary!). The actual installation work is actually very simple for a certified electrical contractor.
The risk outweighs the reward. So, you made the jump to install a charging station, but then the fear is that no one will use it and you worry that the finances used to install it are wasting away. However, EV sales rose 440% between 2011 and 2013 and continue to rise each year since. Electric car drivers seek out businesses where they can plug in their car for a charge. If you install a station, the EV drivers will come. Additionally, you can charge drivers to use your charging station, if that is something that makes sense for your business. If you choose to do this, it means that you’ll have some additional revenue from your charging station(s) to help cover the initial purchase and installation costs.
Charging stations take away parking spots for non-EVs. This is a valid fear, especially for businesses with smaller parking lots. Non-EV drivers will have the majority of parking options regardless, but with the installation of a couple charging stations, you will put your business on EV drivers’ radars and keep them coming back regularly. Depending on where you have the charging stations installation in your parking lot, it is possible that parking space for EV charging can be “shared’ with non-EV spaces.
Technical difficulties and maintenance are too much of a bother. Fortunately, if you work with EV Connect, any maintenance or technical issues are easily managed and repaired. Our platform to oversee your charging stations is a one-stop shop for complete charge station solutions and management.