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 | Apr 5, 2019
Manhattan expected to adopt congestion pricing plan for automobiles
New York would be first U.S. city to charge drivers extra for downtown motoring.
Codes and Standards | Apr 4, 2019
Chicago makes major building code overhaul
Previous comprehensive changes were done 70 years ago.
Codes and Standards | Apr 3, 2019
Construction advanced materials makers can enhance industry efficiency with technology
Integration of new IT approaches in construction with new materials has potential to enhance sustainability, alleviate worker shortage.
Codes and Standards | Apr 2, 2019
Open offices reduce collaboration among employees
Counterintuitive finding makes value of wide open workspaces questionable.
Codes and Standards | Mar 29, 2019
New timber traceability LEED credit released
Pilot credit aims to reduce use of illegal wood in buildings.
Codes and Standards | Mar 28, 2019
Swinerton forms new mass timber business group
Will pursue new projects being developed with mass timber.
Codes and Standards | Mar 27, 2019
Shortage of skilled construction workers resulting in missed deadlines
Some 40% of contractors have turned down project offers.
Codes and Standards | Mar 25, 2019
ICC release 2019 guidelines for safe use of repurposed shipping containers
Provides in-depth, technical overview on how to design, review, and approve shipping containers as building elements.
Codes and Standards | Mar 22, 2019
Tool helps cities develop framework for life-cycle energy policies and track progress
Identifies policies, funding sources to address building energy use.
Codes and Standards | Mar 21, 2019
New York City contractors adding 5% to 10% to construction costs due to trade war
Tariffs on steel, aluminum, and other materials swell budgets.
