The rise in electric vehicles (EVs) has initiated a parallel rise in the need for commercial EV chargers. With the right commercial EV charging solution, businesses can offer EV owners a place to power up while they complete errands or go to meetings. Whether you own a retail complex, a hospital, or an apartment complex, installing an EV charging station can add value to your property. However, there is still a lot to learn to understand the benefits and find the right fit for your business. Lets look at the essentials.

The Types of Commercial EV Chargers

In the UK, there are two primary types of EV Chargers: AC chargers and DC chargers. AC chargers are the most common, they are slower and usually installed in car parks or public areas. DC chargers are quicker, cost more and are installed on motorways or service stations allowing longer drives.

Installation Cost

Installation costs of commercial EV chargers are one of the most significant factors to consider. The installation for standard charging solutions cost between £850-  £2,500 while quick charging can cost anywhere between £20,000 to £60,000 depending on the type, location and power capacity. However, there are a couple of financing options available, such as government grants, incentive schemes and leasing deals depending on the provider.

Charging System Management

The charging system management of commercial EV chargers is simple and does not require additional infrastructure; however, the solution must protect the provider and customer through proper transaction registration. Systems come with multiple access methods, such as contactless payment or an EV operator’s membership to monitor and bill users.

Benefits

With over 500 electric vehicles registered every day in the UK and eighteen thousand public charging stations throughout the region, installing commercial EV chargers opens up a whole new market for your business. It attracts a whole new audience of EV owners, provides a potential stream of income, keeps your employees happy, encourages environmental sustainability, shows a commitment to Corporate Social Responsibility (CSR), and sets you apart from the competition.

Legalities & Future Planning

Commercial EV chargers require Home Office authorisation to avoid the deployment of charging infrastructure to get caught up in the legislation around street furniture. It is also essential for businesses to partner with reputable providers that offer long-term solutions suitable for their commercial properties. The British government has an objective to reach a net-zero carbon economy by 2050, hence it is critical to develop long-term strategies and planning solutions that adapt with evolving technologies and legislative demands.

Understanding the essentials of Commercial EV Chargers can prove useful for businesses seeking to implement this greener alternative to fossil fuel. Installing commercial EV chargers can attract new customers, boost business revenue, and result in higher employee satisfaction. By opting for a reliable provider with long-term strategies, businesses can gain the benefits of a modern infrastructure, keep with national carbon reduction goals and contribute to broader economic sustainability goals.