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How Much Does It Cost to Operate EV Charging Stations for Apartments, Condos, and Businesses?

How Much Does It Cost to Operate EV Charging Stations for Apartments, Condos, and Businesses?

In a recent post, we shared five ways to cut the cost of installing electric vehicle charging stations. Now, let’s talk about what comes next: the ongoing cost of keeping those EV chargers up and running. From routine maintenance to software fees, we've crunched the numbers to give you the average annual cost per station, excluding electricity. But first, let’s break down the key expenses you’ll want to factor into your long-term planning.Equipment MaintenanceCommercial charging stations have...

5 Ways to Save on EV Charging Installation Costs

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:1. Start Small - But Futureproof Your EV Charging OperationAt Hypercharge, we work closely with you to...

New Saskatchewan EV Charging Funding Available for Municipalities and Businesses

New Saskatchewan EV Charging Funding Available for Municipalities and Businesses

Saskatchewan municipalities, businesses, and community organizations now have access to $850,000 in new funding through the Municipal Electric Vehicle Initiative (MEVi) to accelerate the installation of EV charging stations across the province. Delivered by Eco-West Canada in partnership with the Municipal Eco-Action Centre and partially funded by the Saskatchewan Urban Municipalities Association (SUMA), MEVi aims to significantly bolster the EV charging infrastructure network, addressing...

New EV Charging Incentive Program Now Open for Canadian Businesses

New EV Charging Incentive Program Now Open for Canadian Businesses

Starting today, Canadian businesses, building owners, and fleet operators can apply for a new round of federal funding to support the installation of EV charging stations. The Green Economy Canada EV Charger Incentive Program officially opened at 9:00 AM ET this morning, with $1.7 million available to support EV charging station installations across the country. In this first round, $1 million is available through July 23, 2025, with $300,000 reserved for equity-deserving groups. A second...

Top 15 EV Charging ESG Tactics for REIT, Commercial, and Multifamily Portfolios

Top 15 EV Charging ESG Tactics for REIT, Commercial, and Multifamily Portfolios

Electric vehicle charging is a reliable revenue stream for real estate, equipping commercial and multifamily properties with a must-have amenity for a carbon-neutral economy. As importantly, EV charging also supports the key non-financial aspects of your portfolio that appeal to shareholders and tenants, such as promoting overall sustainability, transparency, and ethical business practices. Read on to discover 15 high-impact ways partnering with Hypercharge can help REITs and portfolio groups...

EV Charging Strategy for Real Estate: Turning Infrastructure into Competitive Advantage

EV Charging Strategy for Real Estate: Turning Infrastructure into Competitive Advantage

In our last post, we looked at how real estate investment trusts (REITs) can earn direct revenue through electric vehicle charging. With the right partner, a well-deployed EV charging operation can also power up property values through higher-quality tenants, increased occupancy rates, decreased turnover, and a greater net operating income. Here, we take a closer look at prime locations for EV charging, rounding up the numbers to show where the best opportunities lie across your...

Monetizing EV Charging for REITs: Unlock New Portfolio-Wide Revenue

Monetizing EV Charging for REITs: Unlock New Portfolio-Wide Revenue

With global EV sales hitting record highs in 2024, now is the time for forward-looking real estate investment trusts (REITs) and other large-portfolio players to increase the value of holdings by installing electric vehicle charging. EV charging stations not only invite desirable tenants, customers, and employees, but are a reliable source of direct revenue — significantly strengthening a property’s position within an evolving market.Prime Locations for REIT EV ChargingREIT portfolios are rich...

How to Get EV Charging in 5 Steps

How to Get EV Charging in 5 Steps

Launching an electric vehicle charging operation is a multistage project, whether you’re installing a single EV charger or equipping an entire fleet. When you partner with Hypercharge, we ensure the process is clear, manageable, and simple from start to finish and beyond. Here's how to get EV Charging on your property—from the initial assessment to support applying for rebates to collecting your first revenue.   1. Determine Your EV Charging Needs The first priority in any EV charging...

EV Charging Success: Safe Software

EV Charging Success: Safe Software

When eco-conscience employer Safe Software decided to level up its sustainability initiatives with new electric vehicle chargers, one EV charging company stood out from the rest. The BackstorySafe Software is based in Surrey, British Columbia, where employees enjoy mountain vistas, nearby forest trails, and beaches. Its respect for the environment is reflected in the company’s headquarters: a Certified LEED Gold Building with a 6,000 square-foot green roof, easy access to public...