If rebates are available in your area, it is highly recommended to take a closer look to see if EV charging stations are right for your hotel, office, apartment, or condo complex. There are three components to the operational costs of EV charging stations. Similar to cell phones, charging stations require networking in order to provide smart capabilities such as payment processing, access control, session limits, and more. Getting a charging station that is capable of networking is one of the feature-rich chargers described in the previous section.
And also like hardware, there are a number of networking providers such as Chargepoint, Enel X, Amp Up, and several others. It is important to note that some chargers are what is considered as a closed network while others are an open network. Going back to the cell phone analogy, an open network charger is just like cell phone networks where when you purchase an iPone, you can select whichever cellular provider you wish.
All this said, software is not entirely necessary to operate a charging station. Manufacturers such as Bosch or Clipper Creek sell chargers without software capabilities. Although, with networking, anyone can pull up to the charger and initiate a charging session to the expense of the site host. If controlling access or passing off electricity cost to the EV driver is wanted, a networked charger is required. Software costs vary depending on the features of the network and terms of service.
Either the EV driver or the site host pay for the electricity used at a charging station. Whichever does, it is usually no more than a few dollars per charging session.
Therefore, in many instances, site hosts cover the bill in efforts to entice employees, residents, or customers. The rationale is free charging is a nice amenity for any type of business.
Should the site host offer free charging, they can expect to see positive results with their EV driving patrons. If the goal is to pass off all costs to the EV driver, then this can be done with networking. As stated previously, one of the features of networking is payment processing.
Site hosts can schedule whatever rates they like just like gas stations for internal combustion engine vehicles. Even more, site hosts can add additional fees to cover the cost of networking and maintenance. Even if the charging station requires payment, they will still be used as charging access is in high demand with electric cars.
The cost of electricity varies on local electricity rates. By using a typical EV efficiency of 3. The last cost associated with installing EV charging stations is maintenance. This cost is often forgotten as up to this point the charger is installed, activated, and ready to charge electric cars. Should there be any issues, it will be covered with the product and labor warranty.
Over time, the equipment will have seen better days. Most likely, the plug will be the first part needing servicing. Since the plug is mechanical and is used over and over with each charging session, it will, at some point, need to be replaced.
There are two paths to take with maintenance: 1 purchase a maintenance plan with the contractor or equipment vendor or 2 pay as you go. Whichever path you or your business select, expect to budget a couple hundred dollars per year for various maintenance needs. Overall, the total operational costs for EV charging stations is quite minimal. This is especially true if the networking and electricity fees are passed off to the EV driver, which is very typical. Therefore, really the only cost the site host needs to consider is the maintenance.
The many benefits of providing EV charging stations will very much outweigh the minimal operational costs. Hopefully these estimated costs are around what you were expecting. Even if they are a bit higher, with networking, the cost of electricity, networking, and the installation cost can all be covered by the EV drivers each time they charge.
If you or your business are interested in installing EV charging stations, but unsure if it will be within your budget, let us know and we can provide a detailed feasibility study. While EV charging station equipment pricing is straightforward, there is a cost of ownership. This is because EV charging stations are no different than the electric cars they power. To keep them running efficiently, EV charging stations require service.
As a result of ongoing maintenance, the true cost of ownership for EV charging stations can be significantly higher than just the initial installation. This is especially true for level 3 EV charging stations. Use BidSource to have the Property Manager Insider team connect you with a local contractor for free! All of our contractors have capacity and experience working with property managers. Just fill out the form below with you project details and we will do the rest.
Comparing Level 1, 2 and 3 EV charging stations The average price of an EV charging station really depends on the level of charge it provides. Please enable JavaScript in your browser to complete this form. By submitting this information I agree to the terms and conditions of the Property Manager Insider and BidSource privacy policy.
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These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Necessary Necessary. Necessary cookies are absolutely essential for the website to function properly. Level 3 charging stations are reserved for public and commercial networks and charge an EV battery to full in 30 to 60 minutes. Before buying a charging station, consider the following:.
EV charger installation costs depend on the distance between the electrical panel and the charging station, the electrical panel's capacity, wall mounting the charger, if trenching is required around the home or to a detached garage, and permits.
Does not include charging station. Find qualified electricians near you. Many older homes require electrical upgrades to supply enough power to the station. Many utility companies offer rebates to cover the permit cost. A home charging station is always available and enables refilling the battery overnight and starting the day on a full charge.
New England areas have higher electricity costs, while states in the South are slightly lower than average. Many utility companies offer time-of-use plans that allow cheaper electricity rates during off-peak hours or separate plans for household and EV charging.
Electric car owners may also qualify for incentives offered by state and local governments and utility companies:. The U. Top features include longer cables, fast charging, programmable scheduling, durability, and an outdoor rating. JuiceBox Pro chargers are wi-fi enabled and include a companion smartphone app and an online control dashboard. The portable Webasto charging system features amp charging, a foot cable, quick-read LED status indicator lights, built-in safety features, and the strongest weatherproofing available NEMA 6P.
ClipperCreek has been making home EV chargers longer than any other brand. The VersiCharge can be hardwired or plugged-in and is available with a foot or foot cable.
They feature LED status indicator lights and built-in thermal regulation for safety. Bosch EV chargers are available in foot and foot cable models rated for indoors and outdoors. Electric vehicles use rechargeable lithium-ion batteries, much like a cellphone. An electric car can be plugged into a regular volt outlet. However, installing a Level 2 station with volt outlet charges 4 to 6 times faster. Tesla and Chevrolet certify electricians who are specially trained to install their Level 2 charging stations.
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