EV Charging for your Business
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WHY EV CHARGING FOR YOUR BUSINESS?
Businesses with EV charging empower the building of a sustainable greener future.
Attract more business and positive recognition for your establishment.
Generate revenue by customizing the price point for potential EV charging customers.
-Standard & Premium Commercial Charging Install Procedure
- A site survey is required to obtain the best quote.
- The installation process does not include concrete trenching or boring. This will have to be done independent of Renu.
- By default, installations assume to include 50ft of electrical connection.
- Upgraded software packages allow you to set time limits, monetize your charging station, and more.
- Typical Cost Range: $5,000 – $15,000
SAVE 30% with a Federal Tax Credit
- The Alternative Fuel Vehicle (AFV) Refueling Property Credit from the IRS allows US businesses to be eligible for 30% off their entire EV charging hardware purchase (up to $30,000).
- This credit expires on December 31, 2021. So now is the time!
More Facts on EV Charging
Estimates show that by 2024 there will be over 80,000 EV cars on the roads.
CO2 car emissions set to potentially fall 90% by 2040.
Electric Vehicles make up for their higher manufacturing emissions within, at most, 18 months of driving.
The ZEV Mandate (which states that a certain percentage of vehicle purchases in a state be zero-emissions) has been incorporated by 10 states, and more are incorporating it. This is a huge benefit to EV Charging friendly businesses.
90% of Americans drive less than 75 miles/day. EV charging provides them with enough power to last all day.
Frequently Asked Questions about EV Chargers:
How long does it take to charge an electric vehicle?
EV charging times are dependant on a few factors; the battery, the battery capatacity and your charging station settings. Plug-in Hybridss will take 1-4 hours to be fully charged, while full electric car can require up to 8 hours for a complete charge. A home charging station is a good solution for keeping your EV car charged, as the average car is parked at home up to 14 hours per day. EV’s come equipped with cords and equipemnt enableming the to be pluddedin to conventional 120-volt outlets, which are standard in homes. You also have the option to puchase level 2 chargers, which cut home charging time in half. Installation of level 2 chargers should be installed by a liscenced electrician.
How much does a home EV charging station cost?
Depending on whether you want to use an existing 120 volt outlet with your homes existing wiring to charge your EV, or you prefer to upgrade to a level 2 EV charger, consulting with a licensed electrician is a good idea. They will be able to assess your existing home wiring and circuits to make sure they are suitable to handle to draw from your EV car charger. They may also recommend that you set a dedicated circuit for your EV charger. If you are looking to upgrade to a Level 2 charger, there will be additional costs for the charger, as well as the wiring.
Does an EV home charging station need a lot of maintenance?
As with EV cars, charging stations are easy to maintain. If installed properly and built modularly, your EV charging station can being easily repaired or replaced in the event of an error message. Most charging stations have online connectivity that enable remote diagnostics and software fixes in the rare event of a malfunction- so you will not be left stranded.
Are there any local or federal incentives to help with the cost of an EV charger?
Current federal tax credits are available for installing a home EV charging station. Individuals can receive up to 30 % as a tax credit, up to $1000. Station must be installed by December 31, 2020 and claim the credit on your federal tax return. Individual utilities, such as Energy United and Duke Energy offer additional rebates for installing home EV charging stations.
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