Why Apartments Need to Become EV Ready as Soon as Possible

Car Near Charge Station

With 70% – 80% of EV (electrical vehicle) charging happening at work or at home, there’s never been a better time to get your apartment block EV ready. To ensure your current tenants are happy and new tenants are attracted, finding and installing EV chargers is worth the investment.

EGen Electrical offers leading EV charger installations across the Sunshine Coast, Gold Coast, Brisbane and Logan. Our expert team can work with you to ensure your apartment building is EV ready now and in the future. Let’s take a look at the benefits of EV charging for apartment buildings and why you should get ready as soon as possible.

Convenience for Tenants

An apartment with EV charging makes it more convenient for tenants. When they can leave for work with a full charge, this reduces ‘range anxiety’ which basically means the fear of not being able to find a place to charge. Apartment EV charging will literally help keep tenants happier and more likely to renew their lease.

Raise the Property Value

Investing in apartment EV chargers not only helps to meet the demands of tenants, but it also adds value to your property. EV ownership is only going to increase and by getting your building ready for this, you can reap the rewards of this investment, if you ever decide to sell.

Do Your Part for a Sustainable Future

Installing EV chargers is a way to do your part for a greener future. Having EV chargers onsite makes it easier for tenants to switch to an EV and helps to decrease your carbon footprint. Electric vehicles are the future and will contribute to a cleaner environment for us all.

Appeal to a Wider Range of Tenants

While not everyone has switched to an electric vehicle yet, more and more people want to make the switch and will make the switch in the next few years. By installing EV chargers in your apartment building today, this will appeal to a wider range of tenants and keep your rooms rented.

Another Revenue Stream for Landlords

While it costs to install EV chargers on your property, the extra investment can be recouped. You can offer a discounted rate for your tenants, or add it into the building costs. Plus, you can open up your EV charging stations to the public, for a higher rate and enjoy an extra revenue stream.