Menu
The electric vehicle market is booming due to rising fuel prices, increasing awareness of environmental issues, and government and municipal incentives. Examples of incentives include exemption from the London Congestion Charge, free parking in many cities, and grants to help with the cost of EV chargers.
The public’s growing interest in green living has created an unprecedented uptake of electric and hybrid cars. Over 10 million electric vehicles were in use globally at the end of 2020. Sales of EVs doubled in 2021 from 2020 to a record 6.6 million. Almost 10% of all new car sales were electric in 2021, four times as many as in 2019. This figure brought the number of EVs worldwide to about 16.5 million. Global electric car sales continue to rise exponentially in 2022, with 2 million sold in the first quarter, 75% more than in the first quarter of 2021.
It’s safe to say that this growth is far from over. Studies suggest there could be as many as 130 million EVs on the world’s roads in 2030.
The demand for EV chargers is skyrocketing to keep up with this growth, and savvy business owners are seeing the market’s potential and reaping the benefits. All types of businesses with dedicated parking can benefit from commercial EV charging.
Charging an electric car is different from refilling a fuel tank. Usually, drivers of vehicles with combustion engines drive to a service station to refuel when they see their fuel gauge nearing empty. Yet, drivers have a different pattern regarding how and when to charge their vehicle with an EV.
While most EV charging is done at home, EV users also want the possibility to top up their charge when out and parked. Spending hours at work or university gives drivers plenty of time to keep their vehicles charged and at the same time, conveniently parked.
Providing charging facilities in a business car park allows you to take advantage of an asset you already have. While some business types like service stations and commercial car parks may seem an obvious match for an EV commercial charger, in reality, any business with dedicated parking can profit from installing EV chargers.
B&Bs, health clubs, hotels, gyms, restaurants, sports stadiums, and supermarkets are some examples of businesses that often have parking attached and can capitalise on EV car ownership growth.
By tapping into this market, businesses can earn revenue from charging fees. Still, there are the added bonuses of providing customers with a helpful service, improving a company’s sustainability reputation, and attracting clients away from competitors who do not offer charging.
The revenue you can earn depends on various factors, including the number of daily charging sessions, if the charger is solar-powered, your fees, and the charger type.
As a ballpark figure, a location with four AC charging stations could see earnings between £900 and £2,025 a month. A business with two high-powered DC fast chargers could earn between £2,025 and £5,400 monthly.
With today’s technology, it’s possible to charge per kWh of electricity used and add a service charge for the convenience of parking while charging. Or you can set a flat fee per session, charge by the minute, or even adjust the price throughout the day. How much you earn will depend on the fee structure.
By using your existing assets, you can increase your income, raise the average customer spend, and deliver an in-demand service.
By offering charging facilities, you will attract new customers by adding your business to public charging point maps. New customers can find your business when planning a journey or when they’re on the road.
If you want to see how this works, Google “electric vehicle charging stations near me.” You can literally put your business on the map.
Having EV charging points available to customers can help build loyalty among eco-conscious consumers. Whether it’s sustainability or social and environmental issues, more and more customers are spending their money with companies that align with their values.
We provide you with a profitable, easy-to-run income stream.
With our electric vehicle commercial charging installations, you can choose from a range of EV chargers.Crush Energy and our energy associates fund the installation.
We take care of all the site surveys, installation, and groundwork if required. We track your system to make sure it is working optimally and provide complete maintenance.
Furthermore, we can add extra chargers to meet demand during the contract period if required.
We add your charging facility to all online resources, so EV drivers will see your location is available to meet their charging needs.
Contact us today to ask about our EV commercial charging solutions and how chargers will increase your income.
