EV Charging – Good for business
Commercial EV charging is preparing forward-thinking businesses, developments, and municipalities for the future of transportation. As electric vehicle prices begin competing with their ICE (internal combustion engine) peers, EVs are becoming a natural transition from fossil fuels to clean energy.
Consumers may pay a premium upfront, but with reduced maintenance costs and as little as $10 for the equivalent of 500km of gasoline, savings add up quickly. It’s clear that EVs are not only better for the environment — they deliver more value overall.
Future-proof your property with commercial EV charging
Why EVs Are Winning
Increased cargo room
State-of-the-art technology integration
More range per dollar spent
Equal or better safety than ICE vehicles
Most drivers charge at home for daily commutes. However, commercial charging is essential for long-distance travel, emergencies, unexpected detours, and cold weather conditions — when EV range can temporarily decrease.
EV by the Numbers
$7.50
Cost of a 500km “tank”
(Estimates based on off-peak rates, 20,000km/year – Source: MTO)
65% – 97%
Reduction in emissions
(Source: Sustainable Waterloo Region)
34,000
EVs on the road in Ontario (as of Feb 2019)
(Source: Electric Mobility Canada)
60%
Savings on maintenance
(Source: MTO)
Why Invest in Commercial EV Charging?
Electric vehicles continue to sell in numbers beyond their ICE counterparts. Employers use EV charging to attract forward-thinking talent. Developers and condo boards use it to strengthen tenant relationships.
Commercial chargers also create a new monetization opportunity from your existing space:
Turn visitor parking into a future-ready amenity
Improve tenant retention and attract new occupants
Monetize underutilized property with pay-per-kWh models
Position your brand at the forefront of innovation
Business Benefits of Installing EV Chargers
✓ Charging Destination
Attract employees, tenants, and customers
✓ Increase Dwell Time
Elevate customer satisfaction or automate turnover in limited spaces
✓ Show Your Values
Stand out as a green leader and innovator
✓ Earn Returns
Unlock new revenue streams
Types of Commercial EV Chargers
Level 2 – Reliable & Versatile
Ideal for residential and commercial spaces
Charges 7x faster than standard 120V outlets
Simple installation
Compatible with all EVs
Level 3 – Fast Charging for the Future
Designed for commercial spaces
Requires 3-phase electricity
Up to 250kW charging (20x faster than Level 2)
Utility-scale installation
Compatible with most EVs
What Does It Cost?
Procurement, systems design, installation and maintenance all factor into EVSE charging setup. EVSE are available from multiple vendors and all provide varying levels of benefits, services, and support. Pricing out a system requires knowledge of what your intention is on the property. Examples include: revenue generating, keyed access, complimentary, timed access, etc. Every installation is unique and can be customized accordingly.
SYSTEMS:
Range between $4000 and $100K+
Example: 4 chargers (any make) on average cost between $18k and $26k for full installation depending on location and construction work required.
OPERATING COSTS:
Network and Cloud
Most EVSE providers charge rates based on their custom services, transaction fees and platforms. Typical per month rate is ~$19/charger for a revenue generating site.
O&M:
Keeping Everything Operational
As with cloud access, some EVSE providers offer over the air maintenance to systems, some do not. VCT works with companies that give you the best support at the most favourable price.
Why Work With VCT Group?
At VCT Group we are predominately engaged in the design and construction of solar projects. From our new solar carport to high-end architectural integrations; our focus is always on quality over quantity. EV chargers complement solar projects. Even if you are not yet using solar, equipment at your location is best installed by people who understand your business and your customer. We guarantee your installation quality is beyond anything offered elsewhere. Talk to us about your EV charger installation.