With thousands of new electric vehicles hitting the roads, owners of commercial, multifamily and office buildings are being pressed to install charging stations for their tenants. How much those stations will cost and who will foot the bill remain to be seen, however. Some experts predict that electric car charging ports will soon be as common as gas stations.
EV owners will need convenient access to power outlets for their vehicles, which can take up to 12 hours to charge from empty to full. Some companies are experimenting with ways to make these stations more affordable, especially for multifamily buildings that might be able to split the cost of the chargers among residents. Some are partnering with energy management companies that specialize in EV charging to install and operate the stations. Others are simply adding them to their properties as a perk for their customers.
There are many reasons why it makes sense for property owners commercial ev charging station installation dallas to invest in EV chargers. In addition to reducing greenhouse gas emissions, EVs can also save a business money on fuel costs. For these reasons, more people are buying electric vehicles than ever before, and they need a reliable source of power to keep them charged.
Depending on the level of EV charger installed, installation costs can vary. A level two charging station with a 240-volt dedicated circuit and 50-amp outlet can cost $300 to $800 to install. This is a substantial investment, but it can be offset by a lower electricity bill. It is best to hire a licensed electrician for the work to ensure it is done correctly and up to code.
The most expensive type of EV charger is the level three, or direct current fast charge (DCFC), which can charge an EV to 80% in about 30 minutes. These are more commonly found in public locations, including airports, train and bus stations, and at some restaurants and hotels. The hardware alone for a level three station can cost up to $40,000.
Adding an EV charging station to a home or commercial building can be relatively simple, but it is important to have it properly installed by a licensed electrician. It is best to get several in-person estimates to compare prices and experience. Look for a company that specializes in installing EV charging stations and has extensive experience. You should also be sure to get a detailed contract and warranty before the work begins.