Transitioning to EVs has been a notable feature, and the hyper-rise in demand has led to the growing need for EV charging stations in business premises. The rapid growth of EVs makes drivers decide where to shop, eat, and park, depending on the availability of the charging points and chargers. Offering the much-demanded service to the EV owners increases business opportunities. It forms a seamless way to retain and gain new clients.
The growing availability of EV charging stations at the properties increases their demand and shows their proactiveness in terms of growing modernization. It can aid in retaining the workforce while bringing the ideal employees into your workplace. Businesses with varied fleets can help electricity and garner enough business-related perks out of the tax reductions and minimize operational costs. The State and the central government additionally offer income tax benefits to the employees using the EVs for personal use. The availability of turnkey EV charging stations in commercial spaces offers an astounding benefit to new and existing employees who are planning to transition to EVs.
Table of Contents
Investing in an EV Charging Station at Your Property
Increased Foot Traffic & Customer Loyalty
The public EV chargers are extremely important for local driving as well as road trips, making it essential to combine them with the amenities for added convenience. The perks of the EV charging stations for businesses include alluring greater customers with EV drivers who are spending a lot of time on site, often an hour into charging the vehicles. The extended visits would increase the chances of additional spending as compared to drivers of the internal combustion engine (ICE) vehicles.
A recent study by MIT stated the existence of EV charging stations that maximize customers’ spending at nearby businesses by about 37%, specifically for the Level 2 chargers being installed near retail and entertainment locations.
Additional Revenue Streams from Commercial EV Charging Stations
EV chargers for multifamily and businesses have turned out to the profitable ventures. The rising demand for electric vehicles is raising a lot of awareness of the essence of eco-friendly transportation, creating the requirement for accessible charging infrastructures. As an outcome, businesses, apartment buildings, and other establishments are installing EV chargers, which attracts more customers. The rapid growth in its use showcases that many charging stations are becoming highly profitable for the first time, showing that the stream of income is yet another perk of the EV charging stations for businesses.
Make Savings and Boost Your Energy Resilience
Transitioning to electricity indicates serious business savings. The company fleets are fully or partially electrified, allowing you to access the subsidy funds of the government and use the tax benefits like avoiding the company car tax. It is not just that, as they will allow you constant savings like the removal of motorways toll tax. Minimizing the carbon footprint has the benefit of reducing the carbon emissions tax. Whenever the business gets taxed under these regulations, eradicating the carbon footprint should focus more on the priorities if you plan to increase revenues.
Gain Data Insightsomer Traffic
Charging station installations on-site offer more access to a rising volume of beneficial data, for instance, kWh usage, CO2 savings, energy cost, and the charging point’s activity. These data are often used for informing on the internal reports, declaration of taxes, and logistics and marketing plans for enhancing preciseness and having effective implementation processes. Equipping with chargers indicates that these data are not bought from the filtered or third party, indicating that your employees, entrepreneurs, and fleet managers have direct access to the key insights.
Conclusion
The cutting-edge technology, along with the turnkey EV charging, comes as a solution to the cost issue. It comes with both environmental and financial perks associated with the long-term benefits to your business branding. Investing in EV charging station installation at the commercial premises contributes to highly robust space reducing environmental burdens with the adoption of eco-friendly renewable sources of resources or energy such as solar energy to power up the electric vehicle.
