5 Ways to Save on EV Charging Installation Costs

Electric vehicle charging adds substantial value to your property, business, or workplace, but let’s face it: the cost of installation can be intimidating.

With Hypercharge’s customized care and charging expertise, however, you can lower costs without compromising on quality of service or the EV charging experience. 

Here are five ways we can take a bite out of your installation budget:

At Hypercharge, we work closely with you to develop smart, multiphase plans that work with your budget and timeline.

That includes assessing both your current and future needs and perhaps a recommendation to oversize your electrical infrastructure. This can dramatically cut down costs if you decide to expand your operation down the road.

 If you’re not ready to go all-in with electrical upgrades or charger purchases, we can craft customized solutions that make the most of what you’ve got.

When Safe Software in Surrey, British Columbia, made the switch to Hypercharge, they replaced five charging stations and added ten more to the existing electrical infrastructure.

Hypercharge remotely programmed the chargers to balance the distribution of available power between charging vehicles and the company’s Certified LEED Gold Building—a process called load management. “Hypercharge was proactive,” says Clint Wood, Facilities Manager and Systems Engineer. “It was really impressive.”

Installing EV chargers across multiple properties not only bolsters your purchasing power, it can also streamline budgeting, permitting, and decision making.

Hypercharge has a deep bench of experts who collaborate closely with REITs and other large-scale property owners on the strategic deployment of chargers—from the earliest planning stages to enthusiastically promoting your charger launches.

How big is big? After installing more than 230 Level 2 Hypercharge charging stations, the Deveraux Group of Companies has now partnered with Hypercharge to add 400 more chargers across sixteen rental communities in Western Canada.

If you’re eager to install EV charging stations, but not yet ready for direct ownership, Charging-as-a-Service can jumpstart your operation with minimal cost and zero risk.

Hypercharge will take care of installing, operating, and maintaining the chargers, retaining ownership while you earn a share of the charging fees.

Hypercharge also offers flexible leases for its charging equipment, which spreads out costs over time. For the duration of your lease, you’ll have full control over your chargers and keep all of the revenue.

While EV owners may pay more upfront for their vehicle, they save significant cash on fuel and maintenance over its lifetime.

The higher price tag of a battery-integrated DC fast charger offers similar payoffs—and then some.

With a lower energy draw compared to typical DC chargers, a battery-buffered station like the XCharge GridLink can often operate on a lower-voltage while delivering an output of up to 300kW.

You’ll minimize or avoid costly upgrades to the electrical infrastructure, spending less on contractors, design, construction, and permitting. You can also reduce operating costs by topping up the battery during your local utility’s off-peak hours.

If you have the power availability, you can pace out your charger purchases with the Autel MaxiCharger DC Compact. Small in stature and light enough to wheel around, this pinch hitter has an impressive output of 40kW and is particularly handy for dealerships and fleets.

We make it our business to stay fully up to date on rebates and tax credits offered by all levels of government.

In addition to knocking down the cost of installation and EV charger purchases, these incentives may also cover the planning your EV charging operation.

In British Columbia, for example, up to 75% of the cost of a Hypercharge EV Ready Plan is eligible for support.