Buying an EV Charger for Residential and Commercial Properties: Is It Beneficial?
Electronic devices run on electricity, and while gas-operated machines require gas refills, electric devices require charging. Their battery depletes over time with use, and then you have to charge them. This is the same case with electric vehicles and their EV charging stations.
EV charging stations have a technical term as well- electric vehicle supply equipment. They tap into surrounding electric grids to charge an electric vehicle. An EV driver has the option to charge their vehicle in their workplace (assuming the building has one), at home, or at a public station.
However, it is best if you own an EV charger. If you are an owner or a local individual looking to buy it for your home, owning an EV charger is an ideal option for both parties. To further convince you, here are a few benefits of installing an EV on residential and commercial property.
Benefits of Installing an EV Charging Station on a Commercial Property
Commercial property is to say the place is in public use; people have easy access to it. Mostly, it stands for businesses and economically established and registered properties. Countless agencies support the expansion of EV chargers; they have been growing at a rapid pace because of how advantageous they have proven to be.
Commercial properties are more likely to benefit the most from the opportunities, increased sales, and distinction. An EV charger not only increases your business’ value but it also improves your brand image. Let’s learn more about what an EV charger benefits entail.
It Attracts Customers
An ever-increasing number of people prefer modern and advanced electric vehicles. They like the efficiency and environmentally friendly nature of these vehicles. Believe it or not, many analysts claim that electrical motors will become a trillion-dollar industry in the upcoming years because almost everyone will be using them.
Installing EV charging stations on your commercial property will allow more people to come and stop to recharge. It is no secret that people prefer convenience, and if they can use your services while their vehicles charge, it will be the perfect place. It will become a beacon for most EV drivers; they will love how they can take a breather and enjoy your services as their battery juices up.
A battery will require at least 4 hours to charge fully. This timeline is for the level 3 electric vehicle charging station with a powerful charge point; if it is a level 2, it will take around 7 to 8 hours because it has a relatively weaker charge point. So, the person will have to stay on your property for a long while. Even if they stay for an hour or two, they will feel compelled to spend money on your services.
Allows the Business to Stand Out
As common as EVs have become, the concept of installing an electric vehicle charging station on your commercial property is unusual. It may be because of a lack of effort or funds; whatever the case, setting up an EV station will immediately make your business more popular.
Getting an EV charging station is one of the smartest strategies if you want to separate yourself from other people in your environment. How so? An electric charging station provides convenience, efficiency, and sustainability and is safer for the environment.
It will help your image in a way that it will show how environmentally conscious your business truly is. You should hire a skilled electrician Richmond or a reputable electrical contractor who will employ those electricians for you. This move will significantly account for your credibility as well. People and your competitors will notice how responsible and efficient you are.
Additionally, when your competitors have you as an example before them, they will appear as ignorant (because of their lack of environmental care), and many EV drivers will think of them as inconvenient.
Instill Loyalty
Nowadays, people are more concerned with what the company or business stands for rather than what it provides. Often people will drop a company regardless f its high-quality products if they are seen supporting a poor cause. For instance, back in 2020, many people boycotted Chick-fil-A when they found out they donated to an anti-trans organization.
Now, keeping this in mind, if you are seen supporting the "go green" cause, you will instill loyalty in your customers. They will think of you as socially responsible and sustainable. In many ways, you will be ensuring they come back to you and start relying on your services more.
Benefits of Installing an EV Charging Station on a Residential Property
First and foremost, you should know that on a residential property, you can't install a level 3 electric vehicle charging station; their charge point is heavy-duty. They are way too powerful for a standard residential wiring system; your home won’t be able to power the EV charger, to begin with. Plus, level 3 EV charging stations are expensive, an expense that your home doesn't need.
Additionally, hiring a professional and experienced electrician Richmond is crucial for the installation process because, without them, the procedure won't be correct, and there may be some overlooked wiring that will become faulty later on.
While many people find the idea of installing an electric vehicle charging unnecessary, it is quite the opposite. It is understandable if you feel reluctant about adding an EV charger to your property. After all, it is quite an investment. However, once you install it, you will realize that it has been worth the investment.
It Is Convenient
Many electric vehicle drivers agree with the fact that charging at home is the most convenient way to juice up your battery. They collectively agree on how it has helped them charge their batteries without any rush. When a charging station is in your garage, all you will have to do is remember to plug it in. And then, when you wake up, your battery will be fully charged, and you will travel without any range of anxiety.
Additionally, considering how the charger is yours, you won’t have to worry about charging; you can charge it whenever you want. Indeed, it isn't very pleasant when you have to meander around looking for a reasonable and functional electric vehicle charging station.
Moreover, convenience means you won’t have to wait in line behind multiple cars since the charger will be readily available.
It Is Cost-Effective and Predictable
Charging your EV at home is considerably less expensive when you are charging it from home. One of the main reasons for the drop in cost is that it doesn't have the overhead public charging that every EV charging station has.
However, there are a few ways you can make your EV charger even less expensive. One of the most popular and reliable methods is searching for affordable electricity plans (or tariffs) that are targeted at electric vehicles.
In most areas, off-peak times are weekends and overnight. If you want to save extra cost, it would be best if you charged during these times. This is because electricity is often cheaper during these periods, which gives you the room to save costs. However, you can only benefit from these off-peak periods when you own the EV charger, and it is always home.
Another famous method is installing solar panels on your roof or lawn. It is significantly cheaper if your EV charger takes electricity from solar panels instead of the grid.
As for the predictable aspect, you are using clean energy for your electric vehicles, which means there are no unpredictable fluctuations in the current.
It Is Excellent For Your Battery Health
While public EV charging stations don’t necessarily harm the longevity of a battery, they do affect the ultimate health of the battery. The minor damages come from how fast charging can rise the temperatures. On the other hand, these minor damages can be prevented when you use a home EV charger
Since the residential chargers are all level 2. They charge at a relatively slower pace than level 3 charging stations. The best way to delay your battery’s degradation is to use home charging as much as possible. True, the battery will fill up faster, but it won’t be a pressing concern when you are already at home.
With an extended range and better battery health, you won’t need to pay as much for maintenance or repairs.
Final Thoughts
When it comes to buying an electric vehicle charging station, you should know there are different benefits for commercial and residential property. If you want to buy one, make sure you read these benefits and determine which one will serve you best.
Nevertheless, when you are installing an EV charger, you have to make sure you are consulting with a proper electrical contractor like Kato Electrical. They ensure the installation process is smooth and there are no exposed wires that may cause a big problem in the future.