Electric Vehicle Charger Readiness for Commercial and Residential Properties

The use of electric vehicles (EVs) in the United States is growing rapidly, and commercial and residential property owners should prepare for sudden acceleration. The federal government recently ramped up incentives for EVs, and it had already approved $7.5 billion to build out the first-ever national network of electric vehicle chargers, speeding up the transition to EVs. With car manufacturers aligning production strategies accordingly, the need for electric vehicle chargers at commercial properties will grow quickly. Preparing for that need requires evaluation and planning, based on specific building and market conditions, to ensure that properties are ready.

This session offers insights into how property owners should plan for the upcoming increase in demand for EV chargers. We will address infrastructure assessment and upgrades, costs and financial incentives, and potential for reimbursement over time though a nominal surcharge.