Why You Should Install A Dual Port EV Charging Station

In the first few months of 2022, electric vehicle sales rose 60%—and they show no signs of slowing down anytime soon. With the rise of electric vehicles comes an increase in the need for public charging stations and a dual port EV charging station. 

However, these charging stations will benefit more than just electric vehicle owners. Here’s why you should install a dual port EV charging station on your commercial property. 

It’s an Easy Way to Boost Your Income

A dual port EV charging station is an easy way to add another source of income with no effort or additional staff required. Simply install a new station in your parking lot, and visitors to your property can pay to park there. 

Businesses typically charge anywhere between 39 and 79 cents per kilowatt-hour, though you can set your rate as high as you see fit. Over time, your charging fee will pay for the station itself, leaving you with a source of income that requires virtually no effort from you. 

It Builds Customer Loyalty

EV owners are generally interested in preserving the environment, and as their numbers grow, so does the trend toward eco-friendly businesses. By installing a charging station now, you can establish your commercial property as one that follows environmentally friendly practices. And with the potential for 50% of cars on the road to be electric by 2030, it’s never too early to turn your business into an EV haven.

It Puts Your Business on the Map—Literally

Sometimes, EV drivers are in need of a charge—fast. To help drivers locate a nearby charging station, numerous apps have been developed to act as station locators. By installing a dual port charging station on your property, drivers will flock to your business any time they need a quick charge. 

In addition to the charging fees you’ll gain from being on these apps, you’ll also see an influx of clients. Drivers are more likely to get out and multitask rather than waiting in their car to charge up, effectively driving business through your doors. 

You May Get a Rebate or Tax Break

Due to legislation called the Alternative Fuel Infrastructure Tax Credit, your dual port EV charging may make you eligible for a 30% tax credit of up to $30,000. Credits and rebates are also offered at the state level, and while the specifics may vary, nearly every state has some kind of rebate or tax credit for properties that install EV charging stations.

Installing an EV Charging Station with Bates Electric

Ready to raise your income and grow your client base by installing a dual port EV charging station on your property? Visit Bates Electric to learn more and get your charging station today.