What raito of EV charging ports are you adding to multi family ?

Question

One-third of my existing tenants plan to switch to Electric Vehicles within the next 4 years. So was using the Sothern California Edison Port estimator tool for Multi-family dwellings and it wants to know what ratio of Chargers to Tenant vehicles so will use 1 as each would want their own. Rents around here are currently higher for units with EV charging. Since the electricity is under $2.00 per day vs $12 per day for Gas most tenants now also want.

Taylor L. · Answer

Class of property and location are going to be heavy drivers of the adoption rate. A Class A property in a tech centric city will certainly have a lot more Teslas and other EVs than B or C class in a midmarket city.

There are services that will allow you to charge without a lot of hassle. I've used Chargepoint chargers for my car and they perform well. The manager/owner can set the pricing and earn revenue off of the charging. You can implement idle fees and/or open it up to non-residents as well, making the charging station more than just a revenue stream from current tenants. Chargepoint isn't the only company that does this, I just bring them up because I've personally used their stations.

Jay Hinrichs · Answer

electric is REALLY expensive in Hawaii.. and as such there are some great solar plays for Hawaiian residences  if Brandon Turner ever got introduced to those you would see him doing whole pod casts on those incredible programs for those living in Hawaii

For me personally if I had to since TESLA is light years ahead of anyone else and my car is grandfathered into FREE supercharging for the life of the vehicle I could just use those as needed and never pay for energy..

Bill B. · Answer

@Alan DeRossett

May I suggest you simply install the 14-50r receptacle in each garage instead of the charger? Then you can either rent or include the appropriate charger (maybe with its own security deposit). Most electric cars come with a level 2 charging cord already. And you providing a Tesla charger when they have a Chevy or Nissan or Volkswagen doesn’t help.  Likewise including a j1772 doesn’t help if they have a Tesla.

Plus it’s almost impossible for them to damage or steal the receptacle.

It would also be a selling point for someone with 240v tools or air compressor.

Jay Hinrichs · Answer

I could be wrong but I think in Vegas its like Portland charging from 10PM to 6am is like 4 Cents  .. during the day its the 12 cents.

So for most folks like me.. plug it in when you get home..  ( Tesla has a start charging time set ) so set it for 10pm and when you get up in the morning your done.. I usually put about 50 KW into mine per charge so its like 2 bucks..  So I think it was basically the same at our Vegas place I would start at 10pm.

For a data point i am putting the charging outlet in all my new construction .. now of course the actual plug in is not the same for all models. But we have a dedicated 240 circuit out of the box ..  I dont think any of my clients have electric cars yet though.. so maybe we are wasting money ( well i know i am)  but the buyers like it and when you do it in the pre wire stage its not much to do it for us.. Nice like Green feel though.

also many hotels will have 2 to 4 Tesla dedicated semi fast chargers ..  our app on our car lets us plan those in the flight plan along with the super charger.. takes all of the charge anxiety out of over land trips..  I have never tried one of the pay to use charge points alot of those are not all that reliable and are very slow..  TESLA is LIGHT years ahead of the competition in this regard..

but for daily driver to and from work 20 to 50 miles per day charge at home or apartment its a no brainier.

Bill B. · Answer

@Jay Hinrichs

Yes, I signed up for the EV TOU so I pay 5 cents all day every day except June-Sept 1p-7p and 4cents 10p-7a.

We just pre-cool the house starting around 11:30 and AC usually stays off until 7p.

I was just using the insane rates I’ve seen California solar videos show for how solar is worth it there. People paying 25-35 cents kWh. I’d like to get solar and the Tesla battery setup but power is so cheap here I can’t justify it.

Bill B. · Answer

The EV adoption rate is around 2-3%. So maybe 1 for every 50 tenants?

Are you planning to pay for the electricity or somehow bill it back to a specific tenant? 1 EV can cost you more than $20 a day to charge. So you could be looking at $600/mo in electricity per charging port if it’s only used by one tenant. It might be closer to $400 if they don’t drive much or over $1200 if a few are sharing.

I don’t see tying it to one unit being smart, but I also don’t see public use being a profit center. You could see if the power company or any of the places that charge the user would be willing to split the cost, bill the user, pay for your electricity and then split the profit if there is any.

Either way you certainly would install it before the need arises. Prices are only going to go down and technology should finally get better someday. Maybe you find a company willing to sell you one of those solar panels charge batteries type systems on trailers. But unless you have one and want to write it off as a business expense, give it 5-10 years. Maybe it will be at 10% so you could justify 2-3? Just figure out the billing cause it woudl get expensive in California.

Tanya F. · Answer

No, this is not correct. Maybe $20 a month to charge. (with ~500 miles driven per month and 12 cents a kWh

https://www.marketwatch.com/st...

Tanya F. · Answer

I missed that the OP is in California. With TOU metering here, at night the rate is 0.04 per kWh.

What raito of EV charging ports are you adding to multi family ?

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