Instead of searching for a public charging station, it'd be more convenient to charge your EV at the place you're staying. For the majority of EV owners, their home is the preferred location for charging their EVs. But what if you don't have access to private parking facilities? Apartments with EV charging bring distinct advantages. Let's take a look at the benefits that apartment EV chargers hold for renters and apartment owners.
Benefits of Apartment EV Charging
- Ease Range Anxiety
Many people may hesitate to switch to electric vehicles due to range anxiety. Expanding charging infrastructure is one of the key factors in mitigating range anxiety. Having an EV charger capability in the apartment car park means owners have the choice to buy an Electric Vehicle and not suffer any inconvenience.
- Appeal to More Potential Tenants
By providing EV charging stations, apartment buildings become more desirable to EV residents. As a landlord, installing EV charging in your apartment gives you a competitive edge with this growing number of forward-thinking tenants. The availability of EV charging is becoming a priority.
- It May Be Cheaper Than Charging Elsewhere
If renters can't charge their EVs at their apartment, they must instead recharge at work or other public charging stations. The associated rates at these stations may fluctuate, and the most convenient location might not be the most cost-effective. However, if your apartment has such a facility available for you around the clock, it's not only practical but also less costly.
- Competitive advantage and higher property value
An investment in apartment EV chargers is not just a smart move to meet immediate demand. By incorporating EV charging stations, you increase the overall value of your property, potentially leading to higher rents and a stronger market position.