MULTI-FAMILY
EV Multi-Family Benefits
20%
of New Car Purchases will be Electric by 2025.
of All Vehicles will be Electric by 2040.
55%
Benefits:
Attract Established and Highly Educated Tenants:
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70% of EV owners earned a college degree
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60% of EV owners are 30-59, 22% are older than 60
EV vehicles have a nine-year ownership average, versus four years with traditional vehicles.
Apartment and multi-family tenants that own EVs say that access to charging is their top concern when choosing a place to live.
Generate Revenue:
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Options to sell monthly packages or charge by the KWH
Use Software for Managing Use:
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Off peak/on peak and demand power management
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Ease of training and billing
Considerations:
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Determine your customer’s needs
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Advertise to attract EV tenants
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Incentives for low-cost or no-cost installation
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Financing options
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Leasing options
Green apartment complexes have increased by 300%.
Learn more with our Comprehensive Electric Vehicle Charging Station Playbook