Few workplace initiatives offer such a unique dual win of cutting costs and increasing employee satisfaction as a workplace charging program. Electric vehicles (EV) sales are growing at a rate of 60%+ annually across the globe, driven by rapidly declining prices, improving performance, and policy that encourages the adoption of fossil fuel alternatives. Bloomberg New Energy Finance predicts that by 2040, EVs will be more than 40% of the light-duty vehicle market!
Installing EV chargers and initiating a commercial charging program is an opportunity for your business to set itself apart by saving money, reducing operations and maintenance costs, increasing workplace sustainability, and offering higher employee and customer satisfaction.
Much like investing in solar electricity, investments in electric vehicle charging are a way to show conscientious workers and consumers that your business is committed to a clean energy economy. Additionally, EV charging transfers the energy cost savings from driving electric back into your business’ budget. A grid-based eGallon, used by the US Department of Energy to compare the cost of electricity to gasoline, is currently calculated at $1.85. Compared to the average US gas price of $3.80 per gallon so far in 2022, it’s a significantly better deal.
Thanks to numerous federal and state incentives, transitioning to electric is more affordable and beneficial than ever before. Check out our Commercial EV Charging Incentives Guide that we regularly update for businesses, or visit these national resources:
Here’s how it works — a business installs electric vehicle charging stations and makes them available to employees. Employees with electric vehicles are able to charge at work, extending their available driving range. By making EV charging visible and offering it as a perk, the workplace is promoting the adoption of EV technology — which is significantly cleaner than the burning of fossil fuels for transportation — and furthering its sustainability goals.
As a free, first-step service, ReVision Energy offers a comprehensive Electric Vehicle site survey evaluation which consists of two parts:
There are 3 basic types of commercial EV charging that can benefit a business or organization: Workplace Charging, Public Charging, and Fleet Charging.
A rapidly growing number of Americans are transitioning to electric vehicles, or EVs — both plug-in hybrid and all-electric models. In response, many commercial enterprises and small business owners are installing EV chargers, and providing workplace charging as an incentive for their employees who drive some form of EV.
Public charging stations are appearing in great numbers across the US, and remarkable progress has been made in the past few years.
In 2018, the US had around 16,000 public charging stations, and that number is growing quickly. For comparison, there are over 100,000 gas stations throughout the 50 states, but with EVs, most of the “fueling” is done at home or work for commuting. The growing public charging network will extend drivers’ battery range, or even enable long-distance travel.
By joining the transition and providing EV charging as a perk for your customers you can increase visits to your business. Businesses that offer public charging can be listed on the free app, PlugShare, through which a large market of users can easily find and review charging stations. This directory leads EV drivers to discover new businesses, like your own, that they love to support while topping off their vehicle’s battery.
It’s another huge opportunity to install chargers to power your company fleet. Electric vehicles are a great choice for fleet vehicles because 1) electricity costs roughly 1/2 that of gasoline (and is even cheaper when connected to solar power), 2) the vehicles need comparatively little maintenance — no fluid change, less brake wear, and 90% fewer moving parts! That means that EVs spend more time on the road and less at the dealership. Switching to EVs means you can enjoy serious financial savings while also going greener.
Electric vehicle charging equipment is categorized in one of three categories, based on the speed of recharge:
Driving with electricity is obviously better for the economy and environment than burning gasoline. However, electricity is still only as clean as its source, and in our view a rapid transition to a 100% clean energy-powered infrastructure is necessary for both our economy and the long term health of the planet. Thanks to a stunning decrease in the cost of solar panels, this transition is incredibly affordable. In fact, using solar electricity for electric vehicle charging offers the best ROI.
Much like investing in solar electricity, investments in EV charging are a way to show conscientious workers and consumers that your business is committed to a clean energy economy. The more EVs that recharge at your location, the more sense it makes to recharge them with solar power! Solar, like the EV market, is a high-performance technology and is now competitive with traditional, dirty fuels for everyday use.
In 2022, the average cost of electricity is $1.20 cheaper than the average cost of gasoline. Even better, a solar gallon costs 71 cents! Combining solar with EVs will accelerate the return on investment for both, which is a decidedly attractive charging package. Drive on sunshine, save big bucks.
ReVision Energy’s Solar Design Specialists are unmatched in their ability to balance the many factors and elements that make your company unique. Based on our understanding of these details we can help you determine what charging configuration, and level of power it delivers, will work best for your business.
Perhaps you need a single vehicle charger, or maybe a row of dual-port charging stations — we carry and install many options that can work together in a variety of ways. We also provide legendary customer service throughout the entire process, and beyond.
ReVision Energy has the experience needed, whether your workplace charging installation is easy or challenging. To learn more about your vehicle charging and solar electric choices, reach out to one of our Solar Design Specialists today to arrange your complimentary site visit.