We all know that electricity is an important part of daily life. In fact, it’s almost impossible to live without it. But did you know that many people don’t think about how their electrical needs affect the environment? Fortunately for us, there are many ways to decrease our carbon footprint and start thinking about how we can be more environmentally friendly in our everyday lives. One way is by investing in Commercial Ev Chargers.
ROI on Commercial EV Chargers
ROI is the return on investment, or how much time it takes to recover the cost of an investment.
In other words, it’s a way of quantifying how long it will take for you to recoup your initial expenditure. The ROI on residential EV chargers has been shown by many studies to be between 5-8 years.
This means if you buy a residential charger today, you can expect that within 5-8 years (depending on which study you refer to), it will have paid for itself and start making money for you on top of that.
This is significantly less than what commercial EV charger owners can expect from their original investments! Commercial EV charger owners often see their investment pay off in just two to three years!
Increase Revenue
By offering chargers for commercial EVs, you have the opportunity to increase revenue. Charging is a service, and like any other service, it can be sold in various ways.
Here are some ideas on how to make money from your EV charging station(s):
- Charge for the use of the charger
- Offer free charging as an incentive or reward (think loyalty program)
- Add charging as part of a package deal – e.g., rent office space with free EV parking and access to chargers (you may need to obtain permits/licenses for this)
- Add charging as part of membership benefits – e.g., offer free member-only parking at participating locations.
Multiplier Effect
One of the biggest benefits of investing in charging infrastructure is that it has a multiplier effect. Not only does it create jobs, but it also increases property values, tax revenue and tourism to the area.
It’s also good for business: According to a report by Pike Research, businesses that offer EV charging stations will see increased customer traffic from nearby residents driving electric vehicles who want to take advantage of the service or just stop in for lunch or dinner at their restaurants or shops.
Environmental Benefits
- Reduce greenhouse gas emissions.
- Reduce air pollution.
- Reduce noise pollution.
- Reduce water pollution.
- Reduce waste.
- Reduce energy consumption
Go Green with Commercial EV Charging Stations
Many businesses are making the switch to electric vehicles for their fleet, but few of them realize the potential benefits of investing in EV charging stations. The main benefit is that by providing EV charging stations for your employees and customers, you can reduce your carbon footprint and go green.
By doing this, you will also be able to save money on fuel costs and increase revenue from increased foot traffic due to the convenience of charging stations outside your business.
The multiplier effect is another unique benefit of investing in Commercial EV Charging Stations because it allows you to reach out into nearby communities or neighbourhoods where there may be no access to power outlets at all!
This means that these communities would not have been able to use an electric vehicle before now – but now they can, thanks to people like yourself who recognized this need and provided solutions for it.
Conclusion
Investing in commercial EV charging stations is a smart business move that can help you increase revenue, reduce costs and improve your environmental footprint.