EV Charging Trends Multifamily And Commercial Properties Should Consider
Enticing tax credits, expanded car model options, and high gas prices are all contributing to an increased number of consumers making the switch from a gas vehicle to an EV. In fact, a recent Consumer Reports survey shows that more than a third of Americans would “definitely” or “seriously” consider buying or leasing an EV if they were to buy a car today. For property owners and managers, that means the time to plan for EV charging infrastructure is now.
Ideally, a property’s EV infrastructure strategy should match the needs of its residents, tenants and guests. For some, this may mean Level 3 charging hubs for maximized convenience. For others, it means a mix of charging options to accommodate a wider range of needs. Finding the right balance can make all the difference in efficiently meeting the demands of the ever-growing EV driver population.
are available to fund the purchase and installation of EV charging stations around the country. The application process can be complex and lengthy, but the work is well worth the reward – thanks to federal, state and local programs , qualifying properties can have most or all of their costs for EV charger projects covered. Like similar programs of the past, these rebates and incentives won’t last forever.
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