As the electric vehicle (EV) market continues to surge, commercial property owners face a critical choice that could determine the future viability of their buildings. As governments worldwide push for reduced carbon emissions and sustainable transportation, the demand for EV charging infrastructure is skyrocketing.
Key Points:
- Failing to install EV chargers may lead to a decline in tenant interest and retention as more tenants prioritize sustainability and convenience.
- Many cities and regions are implementing mandates requiring EV charging infrastructure. Non-compliance can result in fines and make properties seem outdated.
- Installing EV chargers can attract new customers, increase tenant satisfaction, and provide additional revenue streams, offsetting costs and leading to long-term profit.
The Risk of Ignoring of EV Charging Stations
For property owners who have yet to invest in EV chargers, the stakes are high.
Experts warn that failing to install these crucial amenities could lead to a significant decline in tenant interest and retention. Tenants are increasingly prioritizing sustainability and convenience and buildings without EV charging capabilities may simply be overlooked in favor of those that offer these essential services.
Ignoring the shift towards electric vehicles is risky. EV charging can attract a new customer segment, particularly EV owners who may stay longer and spend more money at your business. For businesses leasing commercial space, accommodating employees and customers with EVs has become a competitive advantage and a matter of corporate responsibility.
Moreover, regulatory pressures are mounting. Many cities and regions are implementing mandates that require commercial properties to include EV charging infrastructure as part of new construction or major renovations. Failure to comply with these regulations not only risks fines and penalties but also positions properties as outdated and out of touch with modern environmental standards.
The Solution: Mac Electric’s Commercial EV Feasibility Study
The message to commercial property owners is clear: embrace the electric vehicle revolution now, or risk losing tenants—and value—tomorrow. Act now, before the window of opportunity closes and your property is left behind in the fast-evolving landscape of urban mobility and environmental stewardship.
For only $800, Mac Electric offers a Commercial EV charging feasibility study, addressing all your EV charging station questions and refunding the fee if you proceed with the project. This valuable information is yours to keep, and you can move forward as you wish.
What the Feasibility Study Includes:
- Preliminary Site Assessment: Each site is unique. We’ll assess what is needed to install chargers at your specific location, so the path forward is well-defined.
- Electrical Infrastructure Analysis: We will determine the capacity and capability of existing electrical systems at potential sites to support EV charging stations. This includes assessing the need for upgrades or modifications to handle the additional electrical load.
- Rebate Search and Cost Estimate: There are millions of dollars in EV charging incentives available. We’ll search through several databases to find programs for your site. In many cases, rebates can cut project costs by over 50%. Some of our projects have even ended up being 80-90% paid for! We’ll also provide a detailed cost estimate so you’ll know approximately how much your specific project will total.
- Equipment Recommendations: We’ll help assess which equipment and networking options are the best fit for your needs.
- Technical Requirements: Specification of technical requirements for EVSE, such as charging speeds (Level 1, Level 2, DC fast charging), number of charging points needed, and compatibility with different EV models.
- Regulatory and Permitting Requirements: Identification of regulatory requirements and permits needed for EVSE installation, including zoning regulations, building codes, environmental considerations, and utility interconnection agreements.
- Operating Cost Estimate and Investment Opportunity Calculation: We can help estimate total operating expenses to determine if EV chargers are a worthwhile investment for your specific business needs long-term. Additionally, we provide an investment opportunity calculation to help set parameters for what to charge for the power use and find ways to capitalize on the investment. The goal is that it will help pay for itself and then provide profit in the future. You can offset costs by charging for power use, ensuring this won’t result in just a bigger electric bill.
- Financial Viability and ROI: Evaluation of the economic feasibility of the project, including potential revenue streams, payback period, return on investment (ROI), and potential incentives or grants available for EVSE installation.
We’re here to help you future-proof your Colorado business and show your commitment to sustainability. We provide everything from strategic EV charging station placement plans and expert installation to maximizing local and federal government incentive programs. Contact us today for an initial consultation and take the first step towards a greener future.