Preparing for electric vehicles is currently on the minds of many Canadian property owners whether they are commercial, residential, or developing new properties. Municipal governments, vehicle manufacturers, and companies of all sizes and from all industries are embracing all-electric fleets within the next decade. Some individuals find this exciting, while others feel their paths are uncertain, especially if they have unanswered questions concerning how to update their properties with electric vehicle service equipment (EVSE).
EV Trends and Incentives
British Columbian business owners are choosing to abandon their gasoline-powered automobiles for electric vehicles at a higher rate than in any other North American region, according to a new report from the province. Not surprisingly, Québec and Alberta are not far behind.
This is likely because of Bill C-30, which allows business owners in these areas to write off 100 percent–to a maximum of $55,000–of the purchase price for both electric vehicles and hybrid-electric vehicles purchased and used before 2024. Beginning in 2024, an impressive 75 percent write-off will still be offered, and after 2025, the amount will settle at 55 percent, still a major incentive.
What to Consider When Planning Installation of EV Charging Stations
Naturally, all property owners must give thought to electric vehicle charging infrastructure, and what it means for the future. If you are like most entrepreneurs, you’re probably already thinking about everything involved in updating your property with EVSE. Here are the primary aspects you should consider when making this change:
- Discover which EV charger levels and types are best for your facility
- Assess the layout of your property
- The distance vehicles will be from an electrical service source
- Charger installation cost
- The kind of utility upgrades your property may need
- The cost of EV charging infrastructure for your properties
- The number of EV charging stations you will need
- How to plan for future maintenance and repair of charging stations
Apartment and Multifamily Structures Versus Other Commercial Buildings
Electric vehicle charging for multifamily housing, such as condominiums, requires a different infrastructure from other types of commercial buildings. Planning out electric vehicle charging stations for these properties involves discovering what transportation class each tenant will be using. You must also keep in mind that this is not something that remains static but may change as time goes on.
For a multifamily home or apartment, personal automobiles may be the primary vehicle used. However, commercial establishments may need charging stations to handle box trucks, delivery vans, or even large tractor-trailers. For this reason, a distinct plan is necessary and multiple factors must be considered before you begin to make the significant number of changes necessary to transition to electronic vehicle infrastructure.
Don’t Tackle This Transition on Your Own
Preparing for electric vehicles can be complicated for both consumers and property owners. Don’t remain in the dark or be tempted to guess your way through this process. Rather, consult with property management experts like Larlyn who can partner with you through this time of transition.
