Commercial Charging Station Cost: What Businesses Need to Know

Business parking lot with multiple EV charging stations and electric vehicles charging, showcasing eco-friendly initiatives

As the adoption of electric vehicles (EVs) accelerates, businesses are increasingly considering installing commercial charging stations. This not only supports sustainability efforts but can also attract EV-driving customers and benefit employees. Understanding the costs involved is crucial for any business looking to make this smart investment. Here’s a comprehensive guide to the costs associated with commercial charging stations.

Initial Costs

Charging Station Hardware: The price of commercial charging stations varies widely, depending on the type (Level 2 or DC Fast Charging) and features. Prices can range from $2,000 to over $40,000 per unit.

Installation: Installation costs can vary based on the complexity of the site, electrical upgrades needed, and labor rates in your area. On average, businesses might expect to pay anywhere from $5,000 to $50,000 for installation, especially if significant electrical upgrades are required.

Ongoing Costs

Electricity: The cost to charge an EV will depend on local electricity rates and how much the station is used. Businesses may also consider dynamic pricing models for customers.

Maintenance: Regular maintenance is essential to keep charging stations operational and can cost a few hundred dollars per year, per station.

Network Fees: Many commercial charging stations are connected to a network that provides services like payment processing, station monitoring, and customer support. These network services can have monthly fees ranging from $20 to $100 per month, per station.

Incentives and Rebates

Governments and utilities often offer incentives and rebates to offset the costs of installing EV charging stations. These can significantly reduce the initial and ongoing costs, making it a more attractive investment for businesses.

ROI Considerations

While the upfront costs can be high, installing EV charging stations can offer a strong return on investment (ROI) through attracting more customers, improving employee satisfaction, and enhancing the company’s green image. Additionally, businesses can generate revenue by charging fees to EV drivers using their stations.

Conclusion

Installing commercial charging stations is a significant but worthwhile investment for businesses looking to support sustainable transportation and attract EV drivers. Understanding the full scope of costs, from initial installation to ongoing expenses, is crucial. With careful planning and consideration of available incentives, businesses can enhance their appeal and contribute to a greener future while also seeing a positive ROI.

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  • Rapid

    DC charging

    Every vehicle is plugged in.

    Now any specific car can be charged in minutes rather than hours on slow AC charging. A game-changer for drivers and operations teams. 

  • Every space

    EV ready

    DockChain makes it possible, and affordable, to make every space in a car park ready for EV charging. Give certainty to drivers that there will be a charging bay available and remove the operational cost and hassle moving cars on and off chargers. 

  • Customer experience

    Tethered cables make it convenient for users. CCS cables to match the industry standard for high powered DC charging. Charging session authorisation can be configured to operator requirements (app enabled, RFID, open use, etc.)

  • Ease of

    Installation

    DockChain reduces ground works required for installation. Chain cables run in a shallow trench, wall mount, or lay in a cable tray to reach every parking space. The power supply cabinet connects and can be positioned in a convenient location at your site.

  • Scale & upgrade

    DockChain is flexible allowing you to increase the number of charging Docks as demand increases. E.g. Enable 10 spaces, then easily double this in the future. DockChain can be upgraded too, allowing larger capacity additions in the future without upheaval to any existing installation.

  • Battery

    cost savings

    With DockChain's rapid DC charging, a fleet operator could shift from purchasing larger capacity battery vehicles to more affordable smaller capacity ones as rapid turnaround makes it operationally possible to top-up frequently without impacting operations. Ideal for distribution/ delivery firms.

  • Charge when power is

    cheaper & greener

    Charging several EVs makes you a high electricity user subject to fluctuating grid prices. Slow AC charging requires constantly charging to complete in the  available time. DockChain's DC power enables more flexible timing of charging so you can put more kilowatts in your EVs at lower prices.

  • System integration

    DockChain can be stand-alone or fully integrated to your existing IT infrastructure. Charging can be matched to fleet or booking requirements (E.g. Car Rental / Distribution), integrated to customer systems and payments (e.g. hotel bookings or office parks). Analytics and power management are all configurable. 

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