As electric vehicles are becoming part of our daily lives, EV charging stations in condominiums will also become a very important sector to cover. EV charging stations for condos are a valuable asset that can add property value and that will also draw attention to the top quality renters who will be looking for an additional input to select their residence.
The Cyber Switching CSE11 electric car charging stations for condos can be the perfect addition to your building complex, giving your tenants a high quality smart EV charger that complies with OCPP protocol and that has a 99.98% uptime reliability.
According to a study performed by Realtor.com, areas with a higher number of EV charging stations for condos, are intrinsically linked to higher home prices. Particularly in California, which is a large EV market, numbers have shown that condominiums can increase their property value by up to 1.5 times more than the surrounding metro areas.
While installing EV charging solutions for condos will bring you a competitive advantage over other properties, there is another important reason why you want to consider adding electric vehicle charging in condos. As EVs become more frequently available across the country, local and national regulations may require new buildings to have EV ready outlets or electric car charging stations in condominiums already installed. For instance, in California, according to CALGreen Residential EVCS requirements, at least 3% of total parking spaces must be EV ready
Installing EV charging in condos complies with sustainability goals (reduces CO2 emissions and increases energy efficiency) and can give you access to LEED certifications that can increase the value of your property and give you access to federal and state incentives.
They say there is no place like home, and the truth is that there is no better place to charge your EV than at home. Adding condo EV charging stations to your property can increase the value of your condominium and can also make your EV charging experience more pleasant.
Besides, improve your time optimization by installing a condo charging station to charge your EV from the comfort and safety of your home while you are sleeping. Charging in a public charging station can take up to 1h or even more.
Additionally, save money by charging your vehicle with a condo charging station. Charging in a public charging station can represent twice the cost when compared to charging at the condominium under an off-peak TOU or a special electric vehicle rate schedule.
The next factor to consider is that level 2 EV charging stations for condos like the CSE11 provide a much better charging performance for your vehicle than constantly using a Direct Current Fast Charging station (or level 3 station). The reason is that the constant charge with high voltage and high current values from DCFC accelerates the derating process of the battery capacity over time. Meanwhile, when selecting a level 2 condo charging station, you will be charging your electric vehicle in AC with much lower current values, ensuring better performance for your vehicle on the long run.
Thanks to Cyber Switching experience in the installation of electric car charging stations for condos, we have learned the importance of energy management implementation for this type of projects.
Hence we developed a unique solution in the market known as the EVMC that can potentially increase the number of CSE11 electric car charging stations for condominiums that you can install at your property by using the existing electrical infrastructure of the building.
This allows property managers (who already have built their buildings) to update their condos to include a much needed EV charger station without representing a major renovation process.
