Why Your Commercial Property Needs EV Charging Stations

Electric vehicle use in the United States has grown immensely in the last few years. From fewer than 300,000 to over 1.1 million in the last five years, it is safe to assume they aren’t going away any time soon. As a property manager, it is important to seize this opportunity by adding EV charging stations to your property. Installing EV charging stations yields many benefits, namely, the following.

Impact on the Environment

Installing EV charging stations shows your support for our environment by promoting the use of electric vehicles. Electric vehicles reduce air pollution and produce a much smaller carbon footprint than gas-powered vehicles. Show your employees, residents, or clients that you care about their health and future by supporting green initiatives.

Increase Traffic

Drivers with electric vehicles will actively seek out charging stations. Once they are drawn in, they will have to wait for their car to charge. If you manage a retail property, this is a great way to drive more traffic to your stores. Instead of sitting in their car for 30 minutes while it charges, many people will visit stores while they wait. One of the charging options we offer at Bates Electric allows you to monitor and control the charge on your phone, so you can shop around while keeping an eye on the charging progress.

Attract High-Income Renters

Studies show that more than 70% of electric car owners have an income of at least $100,000. If you manage a multifamily property, offering EV charging on-site is a surefire way to attract high-income renters. EV charging stations are an amenity many people seek out when apartment hunting. Due to the people it attracts, and the fact that it is a coveted amenity, installing them will also allow you to increase rent.

Reap these benefits and more by installing EV charging stations at your property. To get started, contact our team at Bates Electric today!