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the growing benefits of installing EV chargers

The Growing Benefits of Installing EV Chargers at Your Business

December 9, 2022 By In News No Comments

As the world moves towards a greener future, electric vehicles (EVs) are becoming increasingly popular. To keep up with this trend, many businesses are now installing EV chargers and charging stations at their premises. Installing such a station can not only help you stay ahead of the curve but also provide your business with numerous benefits. Let’s take a look at why it pays to install EV chargers at your business.

Stay Ahead of the Curve

Installing an EV charging station is one way to show that your business is embracing new technology and staying ahead of the curve when it comes to sustainability initiatives. This can be especially beneficial if you are in an industry where customers care about environmentally-friendly practices, such as renewable energy or green transportation. Having an EV charger will also demonstrate that your company is committed to reducing CO2 emissions and helping create a greener future for everyone.

Attract New Customers

Another benefit of having an EV charging station is that it can help attract new customers who own electric vehicles or want to purchase one in the future. It’s important to note that there are currently around 2 million EVs on roads worldwide, and this number is expected to increase significantly over the next few years, providing plenty of opportunities for businesses with charging stations. Additionally, having a convenient place for people to charge their EVs could lead them to spend more time (and money) in your business while they wait for their car batteries to recharge.

Convenience for Customers and Employees Alike

Having an EV charger installed on-site means that customers who drive electric cars will have the convenience they need to charge up while they shop or dine. This is especially advantageous if your business caters to customers who may be traveling long distances, such as hotels or restaurants near highways. In addition, having an EV charger can benefit your employees as well by providing them with a convenient way to refuel their own vehicles during their shifts.

Financial Benefits

The financial benefits of offering EV chargers shouldn’t be overlooked either; many businesses have seen a surge in profits after investing in one because it has helped them draw more customers into their store or restaurant. Plus, since EVs cost less to maintain than traditional gas cars, customers who use your charging station will likely come back again and again since they won’t need to worry about regular maintenance costs like oil changes or repairs associated with gasoline engines. Additionally, depending on where you live there may be government incentives available for businesses looking to install charging stations.

Save Money On Energy Costs

Finally, installing an EV charger can save you money on electricity costs since most EVs don’t use much energy during peak hours when electricity prices tend to be higher than usual. Additionally, some states have special programs which provide businesses with rebates or tax incentives if they install an EV charger at their premises. With these incentives combined with lower electricity costs during off peak hours, you may even be able to recoup some of your initial investment in no time!

EV chargers offer numerous benefits for businesses looking to stay ahead of the competition and embrace new technologies while also making their operations more sustainable and cost-effective. Whether you want to attract new customers or save money on energy costs, having an EV charger at your business is definitely worth considering! If you’re interested in learning more about how installing an EV charger could help your business grow and succeed in today’s ever-evolving market, reach out today.

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Genie Energy Ltd., (NYSE: GNE, GNEPRA) is a global energy solutions company. We supply customers in the US and Europe with electricity, including electricity generated from renewable resources and with natural gas. Through Genie Solar Energy and Prism Solar, we design, construct and install commercial solar energy solutions. We provide commercial and industrial clients with energy brokerage and consultative services through our Diversegy brand.

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