Understanding the Costs: Commercial EV Charging Stations

As more electric vehicles hit the road, there’s more need for EV charging stations. When employees or customers at your business need to charge up, will they be able to at your property?

Installing EV charger stations at your business location can benefit many people. Your customers can get a quick “fill-up” as they visit, and your employees can recharge their cars as they work.

Commercial EV charging stations come with a price tag for installation and upkeep. So, how much does it cost to install an EV charger? Many factors play into the price, including the number of stations, type of stations, special features, and more. In this article, we’ll explore the costs of installing commercial EV charging stations.

Factors Affecting Commercial EV Charging Station Costs

Many factors can affect the cost of installing an EV charger. Here are just a few of the most important aspects to consider:

• Type of charger: Level 1 chargers are very weak, while level 2 chargers provide much faster charging. Level 3 chargers can fully charge a vehicle in as little as 15 minutes. The more powerful the charger, the higher the cost.
• Installation requirements: Will your chargers need to be installed far from an electricity source? Will land need to be excavated? Factors like this will be important in determining the cost.
• Compliance costs: EV chargers need to be connected to the local electrical grid, so the electric company will require permits for installation.
• Upgraded features: Feature-rich chargers can cost more than standard systems, but they can offer a variety of payment options and connections.

These factors and others can play into the cost of installing EV chargers for your business. Installing multiple stations at once and in one area can help you get more bang for your buck.

Cost Breakdown: Initial Investment vs. Long-Term Expenses

Installing EV chargers can be a costly job but a valuable one, too. The biggest difference in cost is between level 2 and level 3 chargers. Here is a breakdown of what to expect:

• Level 2, 48A amperage charger: These units typically cost $700 to $2,000 for the unit and installation and can charge a car in four to eight hours.
• Level 2, 80A amperage charger: These units typically cost $1,800 to $5,000 for the unit and installation and can charge a car in two to five hours.
• Level 3, 100A amperage charger: These units typically cost $30,000 to $40,000 for the unit and installation and can charge a car in one to two hours.
• Level 3, 200A amperage charger: These units typically cost $55,000 to $65,000 for the unit and installation and can charge a car in 30 minutes.
• Level 3, 250A amperage charger: These units typically cost $65,000 to $75,000 for the unit and installation and can charge a car in 15 minutes.

Another factor to consider is maintenance. EV chargers will need general maintenance, such as cleaning and computer software upgrades. These services are fairly inexpensive and can keep the systems running well for many years.

While the startup cost of installing an EV charging station may be high for some, they can easily pay for themselves over time. Just like a gas station, users will pay to “fill up” their electric vehicle. Over time, you can regain the cost of installation and make a profit with these units easily.

Types of Clients We Serve With Commercial EV Stations

At Solera Energy, we have installed EV charging stations for a wide array of businesses. Our team knows how to work with every type of company to find the best location for placement and handle installation with minimal interruption to their work. Just a few types of businesses we have served include:

• Office complexes
• Multi-family dwellings
• Commercial real estate properties
• Supermarkets and shopping centers
• Hotels, restaurants, and hospitality companies

Installing an EV charging station at your place of work is easy when you work with experienced pros for the job.

 

Why Choose Solera for Your Commercial EV Station?

The team at Solera brings years of experience to every EV charging station installation. We’ve performed more solar installations in Missouri than any other company!

Our team works closely with each business owner to ensure they are getting the products and services they need. We’ll discuss your needs for commercial EV chargers, help you decide on placement, and perform the installation with minimal interruption to your business.

Give your customers and employees a place to power up their electric vehicles by installing EV chargers at your business. Call us at (866) 346-2009 to schedule an EV charger installation in Missouri or NW Arkansas.