Retail property owners often say, "The Juice is not worth the Squeeze," regarding adding EV charging stations. Sometimes I think this is written down in some common retail/commercial real estate handbook. They worry about maintenance, outdated technology, and losing parking spaces for ICE vehicles. All which are valid. When I present proposals for stall rent or revenue sharing from CPOs, owners typically have no capex/opex expenses, but yet the stall rent is not enough or are hesitant due to the unknown utilization risks, even if revenue sharing could surpass fixed stall rent and be more profitable. My question is: How much juice is worth the squeeze?! If you operate EV chargers or own retail property with EV charging stations, what is your average monthly net revenue or stall rent? Please share in the comments or message me directly. Can you help with my curiosity? 😊 I understand that different installation situations and market utilization will be different. Let's start a conversation and share the juice! 😉 #evcharging, #evrevenue, #EV, #retail, #evrealestate, #emobility,
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𝐖𝐡𝐲 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐞𝐫𝐬 𝐀𝐝𝐝 𝐕𝐚𝐥𝐮𝐞 𝐭𝐨 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 Adding EV chargers to your commercial property is more than keeping up with trends—it’s an investment in long-term value. Here’s why: - Increased Property Value: EV chargers are a premium amenity that can significantly boost the appeal and market value of your property. - Attract High-Quality Tenants: Businesses and residents are seeking properties that support their EV needs, making charging infrastructure a key differentiator. - Future-Proofing: As EV adoption continues to rise, properties with chargers will remain competitive while others risk being left behind. For retail spaces, EV chargers encourage longer customer visits. EV drivers charging their vehicles are more likely to stay and shop, increasing foot traffic and revenue. Installing EV chargers isn’t just about meeting today’s needs—it’s about positioning your property for the future. Properties that adapt to this growing demand now will reap the benefits for years to come.
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The Retail Bulletin recently revealed how installing an EV charging hub is a prime opportunity for the retail sector and we couldn’t agree more. Installing a public EV charging station could attract shoppers, increase dwell time, and boost footfall. If you have a car park in a suitable location, let's work together to host our fully-funded EV public charge points. We'll install, manage, and maintain the chargers whilst helping to build a network of fast public charge points across the country. Learn more about how the retail sector can benefit from this green initiative here: https://lnkd.in/eKQdUFqn #EVCharging #SustainableBusiness #GreenerBusiness
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"Local businesses see increases to traffic and spending by having an EV charger in the area" is a sentence that helps the conversation about electrification. Businesses have incentives on chargers and solar projects that help in the long run. Even if you never want one yourself the number of owners of electric vehicles is increasing yearly. Being able to charge your vehicle and get a quick snack or buy a trinket while you kill time is a nice convenience. Being the owner of the station and having access to cheap power is a double win in my eyes. https://lnkd.in/g9HRnWXK
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Unsure if Level 2 charging is right for your business? Head to our latest blog to read about the 6 Types of Businesses that can benefit from installing Level 2 EV charging stations.
Businesses that Benefit From Level 2 EV Charging Stations
https://pisoev.com
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Did you know that installing EV chargers in your commercial property not only brings in a new revenue stream, but also enhances both employee and customer satisfaction? From adding a new revenue stream and maximizing parking spaces to drawing in customers looking to charge their vehicles while exploring your business, commercial properties with EV charger amenities have a lot to offer. But with upfront costs to consider and challenging decisions in navigating various incentives and charging station options, commercial property owners have a lot of choices to make before breaking ground on their parking lots. . Here are the key factors influencing the cost of commercial EV charger installation and how to navigate available incentives for the maximum benefit to your property: https://shorturl.at/CSo6z . . . . #EVCharging #Sustainability #CommercialProperty #CommercialElectrician #FutureIsElectric #Qmerit #QmeritCertified #SustainableBusiness #ESG #Electrification
How Much Does a Commercial EV Charging Station Cost? The 3 Top Factors to Consider
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Planning to install an EV charger at your home? Make sure you have considered all the potential complications, such as any issues over your property or parking arrangements. Easy if you have your own driveway, slightly harder if you live in a block of flats. Find out what else you should be weighing up in today's blog, linked below.
What you need to know if you plan on installing an EV charger at your home | DBL Asset Management
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bp pulse has signed a deal with mall owner Simon Property Group to install and operate more than 900 DC fast chargers at 75 sites across the United States. The first locations with chargers from bp pulse will be open to public in early 2026 and support vehicles from nearly all EV makers. bp pulse has more than 39,000 EV charge points globally, and plans to have 100,000 points by 2030. (via Reuters) Simon owns and manages many of the US' largest and most prestigious shopping malls, so these should be premier locations. And doing the math (900/75), means an average of 12 ports per site. This is likely also a significant win for Alpitronic (unconfirmed), whom bp pulse has been specifying recently in its NEVI applications and awarded sites. https://lnkd.in/gq7QpNX9
BP signs deal with mall owner Simon Property for over 900 EV chargers
reuters.com
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Curious where EV drivers prefer to charge up? In our latest poll, 608 of you shared your charging habits. It turns out, 77% of respondents opt for home charging, making it the top choice by far. Home EV charging is clearly the go-to option, as confirmed by the US Department of Energy, which states that roughly 80% of EV charging occurs at home. Interestingly, although curbside charging accounted for the smallest group, it serves as a crucial charging solution for cities, shopping districts, and those without garage access. With EV drivers from diverse backgrounds, it's essential to provide charging solutions tailored to everyone's needs. Explore FLO's comprehensive EV charging lineup here: https://lnkd.in/giUfU9wS
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A new study from MIT (https://lnkd.in/gAPbaGyB) reveals that EV charging stations don’t just power cars, they power local economies. In California, opening a charging station boosted annual spend at nearby businesses by an average of $1,500 in 2019, and $400 per business from ’21 to ’23. The increase was more pronounced for businesses in under resourced areas. Furthermore, the charger additions sparked the growth of new shops and services around “EV hot spot” areas. Just as gas stations evolved into convenience stores, EV charging hubs are charging coffee shops, restaurants, and convenience stores, with increased revenue tied to longer dwell times. A change of habits brings new opportunities and new market needs. TAE Power Solutions’ product range aims to empower these changing habits and bring innovative charging solutions to the places you frequent most. Get inspired! https://lnkd.in/ghitCUg7 #EnergyStorage #BESS #sustainableworld #zeroemissions
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EVgo., one of the US’ largest providers of public fast charging infrastructure for electric vehicles, and General Motors have surpassed 2,000 public fast charging stalls opened through their ongoing metropolitan charging collaboration.
EVgo and GM surpass 2,000 public fast charging stalls in the US - BatteryIndustry.net
https://batteryindustry.net
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Business Development & Real-estate Consulting
4moGreat post. Following for insight given.