Charging Stations
Commercial property developers and real estate companies will benefit from installing EV charging stations on their properties. This includes residential, retail, office, and warehousing. Even if EV charging is not an immediate demand of potential tenants, it soon will be as New Jersey moves towards an electrified transportation future.
Tenants will want EV charging service stations to attract and retain employees. Multi-family housing residents, lacking a garage, will want the capability of switching to EVs. Retail businesses will want the customer traffic that charging stations bring. Warehousing will move towards EV fleets as more vehicle options become available that reduce their operations and maintenance costs.
Business Fleets
Corporate EV fleets are a growing trend as businesses look to reduce their carbon footprint and save money on fuel costs. EVs offer several advantages over traditional gasoline-powered vehicles, including lower operating costs, reduced emissions, and quieter operation.
Factors to consider when transitioning to a corporate EV fleet include:
· Type of vehicles appropriate for your business.
· Availability of existing or planned charging stations.
· Capacity of a business facility’s electrical system to charge an EV fleet.
· Financial analysis to determine cost savings on fuel and maintenance of a fueled fleet vs an EV fleet.
Vehicle manufacturers are increasing the availability and types of electric vehicles that are attractive to businesses. The light-duty vehicles available for general business include the Tesla Model 3, Chevy Bolt, and Nissan Leaf. Additionally, automakers are starting to offer larger pick-up trucks and SUVs. Examples include the Ford 150 Lightning and the Chevy Silverado EV. As for handling cargo and delivery, the Ford E-Transit accounts for 73% of electric van sales.
How Cross County Connection
Can Help
Cross County Connection can assist businesses become more EV friendly. We offer several services related to switching to EV fleets and installing charging stations. They include:
For more details on all things EV, check out our EV Primer and our EV Resource Guide.
For more details on all things EV, check out our EV Primer and our EV Resource Guide.
It Pay$ to Plug In offers grants to help cover the cost of purchasing and installing EV charging stations. The program is designed to help expand New Jersey’s electric vehicle charging infrastructure. Reimbursement amounts by charging station type are as follows:
Funded through the Regional Greenhouse Gas Initiative (RGGI), the New Jersey Zero Emissions Incentive Program (NJZIP) will provide vouchers of up to $175,000 to businesses and organizations to purchase new zero-emission medium and heavy-duty vehicles (MHDV). NJZIP is the state’s first effort to support zero-emission MHDVs. The pilot program sets aside $165 million for vouchers. The size of the voucher will vary depending on the class of vehicle being purchased.
The programs listed above are a sample of incentives and grants available. Cross County Connection staff keep up to date on the latest funding sources for EV infrastructure. Check back at driverless.com or subscribe to our newsletter for updates on new sources of grant funding for EV technology!
A dynamic, interactive map showing the locations of EV charging stations in South Jersey, the number of area EVs registered, and more!