17 min listen
Navigating the untapped potential of multifamily EV charging
Navigating the untapped potential of multifamily EV charging
ratings:
Length:
31 minutes
Released:
Feb 27, 2023
Format:
Podcast episode
Description
If you're an EV owner, you're going to want to own a home charging station too. However, about a third of the U.S. population rented the space where they lived in 2021. That complicates things and slows EV adoption rates across the board.But where there are problems, so too are opportunities. On this week's show, we speak with the CEO of Refuel Electric Vehicle Solutions, a company that is helping the multifamily sector navigate the ins and outs of EV infrastructure and the advantages that can come with installing even just one charger."If you figure on average, even if the rent is $1,500 a month, that's $18,000 a year in rent that that one tenant brings you because they came to your apartment property. They pay you $18,000 a year because you have a charging station," says David Aaronson, the CEO of Refuel Electric Vehicle Solutions. "Now, the value of that $18,000 at a 5% cap rate is $300,000, $350,000. So you've created that much value with that one tenant."In this episode of The Amped EV Podcast, Aaronson talks us through reasons why it might be a good idea to have charging available for tenants, how to know if your property is ready to install EV charging, how far in advance to start the project and how to future-proof your charging infrastructure.The Buzz: www.thebuzzevnews.comAutel Energy: www.autelenergy.com
Released:
Feb 27, 2023
Format:
Podcast episode
Titles in the series (50)
What's setting the stage for future EV growth?: On the previous episode of this podcast, I spoke with Jason Morgan, editor of Fleet Equipment, about the EV advancements we can expect to see in the next few years, the solutions to the biggest issues facing electrification today and what an evolving... by The Amped EV Podcast