• Posted: August 10, 2023
• Electric Vehicle Supply Equipment (EVSE), electric vehicles, ev chargers, EVs, evse, EVSE installation, federal consumer incentives

There are numerous state and federal consumer incentives available for individuals and organizations interested in transitioning from gas-powered vehicles to electric ones. These rebates and tax breaks not only incentivize buyers but also drive the need for charging infrastructure. By installing Electric Vehicle Supply Equipment (EVSE), businesses can take advantage of these incentives and experience several short and long-term benefits. One of these benefits is putting your business on the map through popular charging networks like Volta, PlugShare, or Blink. When your business appears on charging maps, customers are more likely to visit and patronize your establishment, especially with an average charge time of just 30 minutes.

Additionally, businesses have the potential to recoup a large portion of their EVSE capital investment costs through available rebates and tax incentives. However, it’s important to note that these incentives will not last forever, making it crucial to seize the opportunity now. Offering EV chargers to employees also serves as a valuable hiring and retention tool, simplifying their daily routine and potentially becoming a non-negotiable qualification for future employment. While larger businesses may choose to offer free charging to customers, others may charge visitors for charging time to cover operational costs, typically between 25 to 55 cents per kilowatt-hour. Installing EVSE can also help businesses earn a reputation for being environmentally friendly, addressing customers’ expectations for managing their carbon footprint. As the demand for electric vehicles and charging infrastructure continues to grow, having EV charging stations will soon become essential for attracting customers, making it a valuable investment for businesses.

Download our informative EV fact sheet to learn more about the business advantages of installing electric vehicle charging infrastructure.