Carbon Credit Program
Enhance the earning potential of your Hypercharge EV Charging Stations through the Hypercharge Carbon Credit Program. This initiative allows eligible properties in British Columbia to generate revenue by monetizing the BC Low Carbon Fuel Standard program for every kilowatt-hour dispensed.
What is the Hypercharge Carbon Credit Program?
The Hypercharge Carbon Credit Program manages and allocates carbon credits earned from the energy delivered at participating Hypercharge charging sites. By enrolling, your property begins earning credits automatically with no additional work required.
Credits accumulate throughout the year based on charging activity. At year-end, rewards are issued as either a Cash payout or an Equipment credit that can be applied toward new Hypercharge charging stations.
The program is designed to help businesses, fleets, and multifamily buildings capture additional value from their charging infrastructure by participating in the BC Low Carbon Fuel Standard program through Hypercharge as the aggregator.
Here’s how it works:
Step 1: Install EV Chargers
Install at least one Hypercharge EV Charging Station at your commercial property or multifamily (apartment/condo) building.
Step 2: Start Earning Credits
Every time a driver uses your charging station, you earn Carbon Credits. Credits are earned throughout the calendar year.
Step 3: Receive Your Reward
At the end of the year, your credits are added up and you receive your reward as either a Cash or Equipment payout.
Hypercharge Carbon Credit Program Benefits
Simplified Administration
Leave the heavy lifting to us – Hypercharge manages all tracking, buying, and selling of carbon credits on your behalf.
Aggregated Benefits
By pooling the energy across all of our charging sites, we enhance credit accumulation, negotiate better prices per credit, and boost your reward.
Reward Flexibility
Cash or Equipment – the freedom to choose how you benefit is yours. Plus, the Equipment option comes with added value, paving the way for even more earnings.
Hypercharge Carbon Credit Program Reward Options
Get rewarded your way – the choice is yours:
Cash
Opt for a Cash payout to use your earnings as you see fit. With Cash, you have the freedom to allocate your funds on anything. Whether it’s investing back into your property, covering operational costs, or something else, the choice is yours.
Equipment
Take your credits even further by redeeming them for more Hypercharge EV Charging Stations. With the Equipment payout, you can redeem your credits on more Hypercharge EV Chargers to boost your earning potential!
Tracking Your Carbon Credits
In the age of digital transformation, having immediate access to your progress is crucial. With the Hypercharge Carbon Credit Program, staying up-to-date on your Carbon Credit earning progress is a breeze.
To track your earnings, your credits are meticulously recorded and displayed in real-time within the Quantev Site Control dashboard. This intuitive platform provides a comprehensive overview of your entire charging operation, ensuring you have a clear snapshot of your total revenue.
Carbon Credit Program
Discover how your property can use the BC Low Carbon Fuel Standard to increase the value of your charging operations.