The Importance of EV Charging Stations for the Corporate Workplace

Corporate branding is important to companies, and providing adequate workplace charging positively contributes to a company's image. EV stations at commercial real estate locations make organizations appear socially and environmentally responsible. 

 Many companies have active sustainability programs, including an overall reduction of energy and materials. Workplace charging fits directly in such programs, and EV charging is required for buildings with LEED standards. 

Having workplace charging stations available can be a key factor in attracting and retaining employees, as it shows that the company is committed to supporting sustainable transportation options. In addition, workplace charging can help businesses meet their environmental goals, as EVs have lower emissions than traditional gasoline-powered vehicles. 

Overall, workplace charging stations offer many benefits to both employers and employees. By providing this amenity, employers can show their commitment to sustainability, 

There are plenty of benefits to installing EV charging stations at your workplace. For employers, it's a great way to show that you're committed to sustainability and attract EV-driving employees. For employees, it's a convenient way to charge their car while they're at work. Learn what you need to know about workplace EV charging:

EV Charging Considerations

EV Charging Station Costs

EV Charging Stations and LEED Certification

Benefits of EV Charging Stations for the Employer

Benefits of EV Charging Stations for the Employee

EV Charging Considerations

If you're thinking about installing EV charging stations at your workplace, there are a few things you need to know. First, you'll need to choose the right EV charging station for your business. There are many different types of EV charging stations, so it's important to do your research and find the one that best suits your needs.

Second, you'll need to install the EV charging station in a convenient location. Employees will want to be able to charge their cars quickly and easily, so it's important to choose a spot that's close to parking areas and easy to access.

Finally, you'll need to make sure that your EV charging station is properly maintained. This includes regularly checking the equipment for damage and making sure that the charging cables are in good condition.

With a little bit of planning, you can ensure that your EV charging station is installed safely and conveniently, and properly maintained.

EV Charging Station Cost

Now as the tenant, you will likely not be paying out of pocket for EV charging stations. However, being prepared with the typical costs will put you in a better position when it comes time to negotiate the features of your lease.

Of course, there is a large variation in cost depending on the type of model you want and the demand in your area.

However, as a rule of thumb, a level 2 EVSE will cost around $3000 in hardware alone. Then, there is the installation cost, which is usually similar to the equipment price. Finally, ongoing charges are associated with EV charging stations, including:

1. Electricity
2. Network charges
3. Maintenance

Know that numerous state and federal incentives can negate the costs associated with EV charging stations. For example, New York provides an income tax credit of up to $5,000 to purchase and install an electric vehicle charging station. The credit is targeted at commercial and workplace charging stations.

It goes to show that adopting green standards often benefits your budget.

Keep these factors in mind when you are negotiating the specifics within your lease. Your landlord may be more likely to cover an installation if they know they will receive a tax benefit. Remember, appearing on the cutting-edge makes them look good too.

EV Charging Stations and LEED Certification

Providing adequate EV parking or charging will also earn you points toward your LEED certification.

For example, consider this excerpt from the U.S. Green Building Council. It states that businesses must do the following:

"Install electrical vehicle supply equipment (EVSE) in 2% of all parking spaces used by the project or at least two spaces, whichever is greater, for 1 point. Install electrical vehicle supply equipment (EVSE) in 4% of all parking spaces used by the project or at least four spaces, whichever is greater, for 2 points. Clearly identify and reserve these spaces for the sole use by plug-in electric vehicles. "

So, providing sufficient charging stations and infrastructure will not only make your more innovative employees happy, but qualify you for LEED and other notable certifications.

Benefits of EV Charging Stations to the Employer: 

1. Attract EV-Driving Employees: If you're looking to attract employees who drive electric vehicles, installing EV charging stations is a great way to show that you're committed to sustainability. 
2. Save on Energy Costs: EV charging stations can help you save money on your energy costs. You can take advantage of lower electricity rates by charging during off-peak hours. 
3. Boost Morale: Installing EV charging stations is a bonus for employees who live environmentally conscious lifestyles. It's a great show of respect for your most important asset, your people.

Employee Recruitment & Retention with EV Charging Stations: 

If you're looking to attract and retain employees, EV charging stations can be a great perk. 

In such a competitive workforce, this could be an excellent way to attract and retain great talent.

EV stations will not only boost the morale of your employees who drive electronic vehicles but open up a possibility for those who don't since they'll have access to reliable charging.

Corporate Branding? Better Think EV! 

What better way to show support for the ESG movement? It shows that your enterprise is on the cutting edge too. It enhances the company brand as socially and environmentally responsible that is more attractive to today's employee base.  

You can appeal to a wider range of consumers, which can lead to increased sales and profits. And who wouldn't want that? 

Benefits to the Employee of EV Charging Stations: 

1. Convenient Charging: EV charging stations are a convenient way for employees to charge their car while they're at work. 
2. Save on Fuel Costs: Employees who charge their car at work can save money on fuel costs. 
3. Reduce Emissions: Electric vehicles produce zero emissions, so employees who charge their car at work can help reduce the environmental impact of their commute.
4. Enhancing property value (leverage with the landlord)
5. Qualify organization for a growing list of state and federal benefits and tax incentives
6. Major sustainability “PR points” for an ethically conscious public
   
   

Should You Include EV Charging Stations?

In short, there are many benefits to having EV charging stations at your workplace. Not only will it make your employees happy, but it can also save you money and help you attract and retain great talent. It's a win-win for everyone involved.

So, if you're looking for a hand in weighing the factors, you can work with a tenant rep. Not only will they direct you to the right parking solutions for your business, but they can negotiate with your landlord to ensure you get the best deal.

Learn more about how LEED certification and other green standards can improve your bottom line.

Talk to a tenant rep today to find out how they would optimize your portfolio.