Course Description
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 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 course offers insights into how property owners should plan for the upcoming increase in demand for EV chargers. It addresses infrastructure assessment and upgrades, costs and financial incentives, and potential for reimbursement over time though a nominal surcharge.
Learning objectives:
- Understand how to evaluate the nature and need for electric vehicle charging at your property and the pace at which it might be required
- Learn how to consider the existing infrastructure and the potential for upgrades, based on demand, local codes, and other property-specific considerations
- Determine how to evaluate the potential mix of upgrade costs and financial incentives to understand the overall cost
- Consider the potential for reimbursement to calculate the overall return on investment
- Develop a staged plan for implementation – with sequential components ready, as demand evolves
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