Apartments, Condominiums and Townhomes

Apartments, Condominiums and Townhomes

Apartment and Condominium building owners if you do not have EV charging stations, now is the time to add them for your existing and most importantly for new tenants looking for long term rentals with charging stations available. More and more people are switching to electric vehicles in an effort to help the environment and these individuals represent the top earners and a demographic with disposable income . Apartment and condominium building owners can go green by installing electric vehicle charging stations and reap the rewards of tax credits and extraordinary ROI on your investment.

There are numerous benefits for  installing EV charging stations for apartment, condos, townhomes and senior communities.

Benefits of installing green power EV charging stations.

The benefits of installing EV charging stations in apartment buildings that you own are:

  • Creates a second stream of revenue for you
  • EV charging stations will attract tenants
  • It relieves the anxiety of tenants concerning charging their EV before the battery runs down
  • Allows tenants to charge their EV in the comfort of their home
  • It takes away problems to going green and purchasing an EV
  • Tenants will know the rate for charging is always the same unlike public charging or charging at work
  • Apartment building owner can take advantage of tax credits and rebates on installation of EV Chargers
  • Raises the property value of your apartment building
  • It allows you to do your part for a greener future as well as your tenants doing their part with buying and using EVs.
  • Newer EV Charging Stations from Modern Thermal Design do not need to be hooked to the grid.

The newer EV Charging Stations that Modern Thermal Design researched and built means even rural areas can have EV Charging Stations. With no need of the electric grid, these stations save time installing and will not tax an overburdened electric grid. They charge faster than traditional chargers as well.

The federal government and most states offer tax breaks, rebates, and other incentives to apartment building owners to install green energy including EV charging stations. The Department of Energy explains the tax incentives and rebates.

Another source of revenue with EV charging stations can be in the form of advertising for local businesses, events, and public announcements. This type of revenue source will depend on the type of EV charging station that you install.

Installation of off-grid EV charging stations for Apartments & Condos

Are you ready to install a carbon free and totally green EV charging stations for your  apartment buildings, condominiums or townhome properties?

Understanding what you need is a key component when you decide to go green and provide your tenants with EV charging.

First, to understand the needs of your tenants when it comes to EV charging, ask your tenants these questions:

  • Do you own an EV or hybrid
  • Where do you charge your EV or hybrid – public or work
  • Would you prefer to charge at home
  • How would you prefer to pay for charging your car, as part of your rent or pay for the charge when you use the charger? If you decide to make it part of the rent that means you will need to raise the rent slightly.
  • Will you be purchasing an EV in the next year or two? If you do not have an EV will EV charging at the apartment building provide you the reason to go green sooner?

When you know how many own EVs and how many will be purchasing an EV in the next 12 to 24 months, you will know how many stations you will need to install. It can also help you decide what level of EV charger you will want.

Second, choosing the way you power your EV Charging stations. Modern Thermal Design offers several ways to power your charging station that includes lower cost fuels such as: offers the MTD carbon-free EV charging stations. These stations are powered by a number of cheap solutions that include: power by solar, hydrogen, natural gas, biogas, biofuel and others. These are all reliable sources that will fuel the EV Charging stations.

What that means for you as an apartment building owner is a way to plan for the future and lower the cost of recharging EVs for the tenants and yourself.

Three levels of Carbon Free EV charging Stations

There are three levels of EV Chargers. This is something you will need to decide on too. The levels of EV chargers are level one, level two, and level three.

Level one is the slowest charging it takes 10 hours to charge for a 100-mile range. Level two will charge that same range in two and half hours, while level three will charge it in 15 minutes. Level one is single port while two and three have dual ports.

The level two and three have a 55-inch advertising screen which creates another source of income to the owner. They both also have Nano-cleaning technology and antiglare. Level one requires cleaning between uses.

You will need to decide if you will have the tenants pay at the charger. That way the payment option can be set up when they are installed.

Modern Thermal Energy has trained specialist who can answer any questions you may have about EV chargers. They can also help you make sure you purchase the level that best fits your needs.

Modern Thermal Energy also has trained specialist who can install the EV Chargers for you. Let us help you do your part in going green.