The world is rapidly moving towards more sustainable and energy-saving ways of doing things. The electric vehicle is one of the convenient inventions and reduces the carbon footprint.
Now that EVs do not use diesel or petrol, you do not have to go to a petrol station now and then. Also, commercial property owners are getting rebates to help with EV installations and give their customers places to charge their cars.
That is an advantage to the property owner. It gives them another source of income and offers the drivers the convenience of charging their cars. We shall look at rebates you can get as a commercial property owner for electric car installations.
Electric Car Rebate For Commercial Property Owners
1. The Electric Vehicle Ready Plan Rebate
For an already established building, you need to determine whether it can support electric vehicle charging before you start the installation. That raises the actual cost of installation because now you have to hire a professional to inspect your property and see whether it is EV-ready.
Due to the complexity of these installations, you cannot rely on just any contractor for the inspection. You have to consult with a licensed contractor to get an accurate analysis and estimation of the cost. The silver lining is that electric vehicle rebates cover up to 75% of the costs you will incur to determine whether your property is EV-ready.
2. The Electric Vehicle Ready Infrastructure Rebate
After a contractor looks at your property and gives you a report on its EV readiness, you need to do the necessary upgrades. Setting up the infrastructure for electric vehicle charging is tasking and costly.
You need to buy the equipment you need and hire people to make the installations. The electric vehicle rebate for infrastructure can help you cover up to 50% of the costs. That usually amounts to about $600 per parking spot, and if it is for the entire project, you get about $80,000.
That is a lot of money to help with the infrastructure setup. These electric vehicle rebates help you make your customers’ lives easier by bringing charging spots closer to them.
3. The Electric Vehicle Rebate For Charger Installations
The maximum amount you can receive for the entire building is about $14,000. That figure is for each apartment with EV chargers. If you had applied for the first electric vehicle rebate, you could get another rebate for the chargers, with the maximum amount being $1,400. Those who only use for the charger rebate can get up to $2,000.
Conclusion
If you have a property with a high flow of people, start thinking about installing electric vehicle chargers and upgrading your building. Adding EV chargers to your building helps you attract more people to your property and earns you electric vehicle rebates and other financial benefits for embracing sustainability. You also make it convenient for people visiting your business place to charge their cars.
About the Author
NetworkUstad's lead networking architect with CCIE certification. Specializes in CCNA exam preparation and enterprise network design. Authored 2,800+ technical guides on Cisco systems, BGP routing, and network security protocols since 2018. Picture this: I'm not just someone who writes about tech; I'm a certified expert in the field. I proudly hold the titles of Cisco Certified Network Professional (CCNP) and Cisco Certified Network Associate (CCNA). So, when I talk about networking, I'm not just whistling in the dark; I know my stuff! My website is like a treasure trove of knowledge. You'll find a plethora of articles and tutorials covering a wide range of topics related to networking and cybersecurity. It's not just a website; it's a learning hub for anyone who's eager to dive into the world of bits, bytes, and secure connections. And here's a fun fact: I'm not a lone wolf in this journey. I'm a proud member and Editor of Team NetworkUstad. Together, we're on a mission to empower people with the knowledge they need to navigate the digital landscape safely and effectively. So, if you're ready to embark on a tech-savvy adventure, stick around with me, Asad Ijaz Khattak. We're going to unravel the mysteries of technology, one article at a time!"
View all posts
