California’s recently announced ban on the sale of new gas-powered vehicles starting in 2035—and New York’s recent decision to follow suit—are putting pressure on multifamily property owners to install charging stations for tenants.
Owners have numerous business models and potential partners that offer multiple types of incentives, making the formation of a strategy a complex undertaking. They must consider the costs for chargers and the potential need to install additional electrical capacity costing up to six figures per apartment building.
One option is to outsource chargers to third-party vendors, but vendors may be cool to the idea because of the current lack of a critical mass of users. Even if this option is available to them, owners could still be on the hook for installing electric infrastructure to support charging stations.
Some programs have been created to address that need. Southern California Edison, for example, earmarked $436 million to install 35,000 charge ports. The program focused on disadvantaged communities with 30% of funds dedicated for multifamily homes.
While that program has proven to be popular, attracting twice as many applicants as it can serve, the utility expects to run out of these funds by the end of the year. It’s important that landlords find solutions to the charger challenge soon, with demand from renters predicted to grow significantly in coming years as declining sticker prices of some EV models make them more attractive to a wider swath of the population.
Related Stories
| Aug 21, 2014
Performance-based zoning: U.S. cities starting to loosen zoning regulations
Driven by New Urbanism, more than two dozen communities in the U.S. have loosened zoning restrictions in recent years.
| Aug 21, 2014
Meeting to finalize amendments to green property underwriting standard
The National Public Meeting for Resiliency + Infrastructure Consensus Underwriting Standard Amendments will take place September 16, from 9 a.m.-12p.m. at Perkins+Will, 1250 24th St. NW, Washington, DC in the World Wildlife Fund Building.
| Aug 21, 2014
American Iron and Steel Institute revises 14 test standards
The American Iron and Steel Institute (AISI) published 14 revised test standards in its S900-series.
| Aug 14, 2014
Mississippi county rejects adoption of state building code
The county board of supervisors voted unanimously to opt out of the state building code.
| Aug 14, 2014
Boards at odds over North Carolina county’s CM-at-Risk policy
Some local small contractors are not pleased with the school board’s CM-at-Risk policy that was instituted in 2007. The county’s board of commissioners has offered a sympathetic ear to their complaints
| Aug 14, 2014
2014 National Electrical Code now effective in 12 states; 11 more to come online by January
The National Fire Protection Association (NFPA) says that the 2014 edition of the National Electrical Code(NEC) is now effective in 12 states: Alabama, Colorado, Idaho, Maine, Massachusetts, Minnesota, New Mexico, Rhode Island, South Dakota, Vermont, Washington and Wyoming.
| Aug 14, 2014
CDC report highlights need for heat acclimatization to prevent worker deaths
CDC supports OSHA’s analysis suggesting that the primary risk factor for heat fatalities is the lack of acclimatization programs.
| Aug 8, 2014
California revives study of earthquake faults
California reinstituted an ambitious plan to study dangerous earthquake faults and create zoning maps that could restrict development.
| Aug 6, 2014
Loudoun County, Virginia may dump green building requirements
Loudoun County, Va., supervisors may do away with a county policy that requires LEED Silver certification on new county buildings.
| Aug 6, 2014
$300 million mixed-use project in Chicago’s medical district wins key approval
The Illinois Medical District Commission approved a 1.16 million-sf, $300 million mixed-use project in Chicago’s Illinois Medical District.