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DECEMBER 9, 2022
In recent years, electric vehicles (EVs) have grown in popularity due to their reduced environmental impact and potential cost savings. With this rise in interest, many property owners are considering installing an EV charger on their premises to capitalize on the benefits of having this technology available for tenants.
Installing an EV charger can bring a range of benefits to the property owner and provide convenience and cost savings to their tenants. Here are a few reasons why installing an EV charger is a high ROI decision.
Many utility providers now offer incentives to encourage the installation of home EV chargers. You may be eligible for various savings, depending on your utility provider and the number of chargers you'd like to install. Many property owners utilize rebates and incentives to offset the up-front installation cost and ongoing electrical usage, making EV chargers much more attractive financially.
Overall, installing an EV charger can bring many benefits to property owners and tenants, from cost savings to increased property value. If you're considering installing an EV charger, be sure to research the incentives available in your area and explore the potential savings available to you. In the long run, investing in an EV charger can be a great way to keep your property competitive and do your part to support accessible clean energy.
Do I have to change the charger when a tenant leaves?
Is there a lot of maintenance involved?
How much will the installation cost?
Do landlords typically foot the bill?
Will I have to coordinate the installation?
Will there be added work after the installation is complete? (damage to the building, repairs, etc.)