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
Codes and Standards | Sep 3, 2021
Low-cost methods can have substantial impact on reducing embodied carbon
Whole-building design, material substitution, and specification strategies can slash carbon by up to 46%.
Codes and Standards | Sep 2, 2021
Case for power resiliency in buildings grows with more disaster and outages
Essential businesses like data centers, hospitals are first adopters of new storage systems.
Codes and Standards | Aug 31, 2021
UK industry group wants mandatory whole-life carbon assessments of buildings
Aims to address hidden emissions embedded in supply chains.
Codes and Standards | Aug 31, 2021
Home electrification will require code upgrades
Residential electric panel capacity must be increased.
Codes and Standards | Aug 30, 2021
Facebook’s new $800 million Arizona data center to save big on water
Will restore more than 200 million gallons of water per year to river basins.
Codes and Standards | Aug 26, 2021
California may require solar on new high-rise residential and commercial buildings
State energy commission approves proposal; Could become law in 2023.
Codes and Standards | Aug 25, 2021
Study finds racism, discrimination common in construction industry
NIBS to share best practices with industry leaders to improve worker treatment.
Codes and Standards | Aug 24, 2021
White paper addresses insulated metal panel specifications for roofs and walls
Pertains to provisions of the National Building Code of Canada.
Codes and Standards | Aug 24, 2021
KTGY releases free resource to reduce carbon footprint in multifamily developments
Helps navigate Denver Green Code measures—a series of voluntary codes.
Codes and Standards | Aug 19, 2021
Massive infrastructure bill includes hundreds of millions for building energy efficiency
Funds allotted for updated code implementation, construction technology, K-12 efficiency programs.