Worldwide sales of electric vehicles reached 6.6 million in 2021. Signs of the electric driving revolution slowing are nowhere to be seen. Following suit, communities are shifting their priorities on transportation.

Rethinking how refueling works is necessary to keep up in the changing world. No longer do patrons look to gas stations to keep their cars running. Instead, they map out and patronize businesses with electric vehicle charging stations, making them a worthwhile investment for many businesses.

Electric Vehicle Charging Allows You to Stay Relevant

Companies that don’t change with the times go out of business. That mantra also applies to new technologies like electric vehicles and EV charging stations. You need EV charging to stay relevant and appeal to younger, progressive generations.

Attract New Eco-Conscious Patrons

An electric vehicle charging station is more than an amenity; it’s a beacon for electric car drivers. Most electric vehicle drivers prefer to charge at home. But, as one forgets to stop at the gas station on the way home from work, EV drivers also need quick charge options.

The convenience of public charging stations attracts electric vehicle drivers in your community. There’s a chance they would never patronize your business otherwise.

EV charging stations will not discourage traditional car drivers from visiting your business. Adding a place for customers to charge a vehicle shows that you care. It proves that you’re a customer-centric business even if you aren’t directly helping them.

Upstage Your Competition

Chances are you have strong competitors in your area. With commodity prices rising, reducing their prices may no longer be feasible.

Adding electric vehicle charging stations is one way you can continue to upstage them in the eyes of local consumers. It shows that you’re more modern, eco-conscious, and loyal to all customers than those without public charging stations.

Take Advantage of Federal Tax Incentives

The upfront costs of businesses installing EV charging stations are daunting. But, federal tax incentives can significantly offset those initial costs.

The tax incentive that deals with EV charging stations are the Alternative Fuel Infrastructure Tax Credit (AFITC). The AFITC goes into effect in 2023 and provides residential and commercial property provisions.

Commercial properties can expect a tax credit of up to 30% of the installation costs of EV charging stations. Businesses installing dual port and DC fast chargers can expect another 10% bonus.

By taking advantage of the AFITC and charging money for use, your EV installation will pay itself off in less time. You may even begin to turn a profit.

Looking For Other Ways to Go Green?

There are tons of advantages to installing electric vehicle charging on your property. But, if you’re dedicated to going green, EV charging stations might not be enough. One way to cut back your carbon footprint is through lighting.

Lightility offers turnkey solutions for sustainable lighting in commercial spaces. Our dedicated experts will visit the site and assess your needs and goals. After that, we’ll create an effective plan that fits your budget. For a free consultation with one of our experts, contact us today!