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.

Commercial charging stations have higher maintenance costs compared to single-family home chargers, reflecting their robust capabilities and potential for high usage.

To ensure your chargers always perform their best, every Hypercharge station comes with Proactev™ Station Monitoring included, our premier network monitoring service that takes preventative maintenance to the next level.

Proactev™ identifies issues in real-time, examines logged data for interruptions to energy delivery, and monitors charging sessions to get in front of driver-specific issues.

Joining Hypercharge’s open-standards EV charging network connects your charging operation to essential infrastructure for public-facing services.

The charging network makes your stations discoverable through popular charging apps, allowing drivers to easily locate and use your chargers, pay for charging through secure transactions, and access 24/7 support.

Multi-unit residential buildings and other properties can utilize the same underlying infrastructure for customized billing and to manage charger access.

Behind the scenes, the cloud-based Quantev™ Operations Suite is the link between your charging stations and the charging network. With Quantev™ you can:

• Divide users into groups
• Set dynamic charging rates
• Remotely monitor stations in real time
• Track usage, energy consumption, and revenue
• Track carbon credits earned
• Collect user and session data for analysis

A middleware program is a bridge between your charging network and loyalty programs, CRM, building and fleet management systems, and other software.

The API-based architecture of Eevion™ Integrated Charging, for example, seamlessly integrates the Hypercharge Charging Network, Quantev™ Operations Suite, and the Hypercharge Driver Mobile App to create a frictionless experience for both drivers and operators

Your EV charging stations need an internet connection to connect to your charging stations, enabling cloud-based platforms, payment processing, mobile app usage, and more.

Both Wi-Fi or cellular data service can support chargers, with station locations and Wi-Fi strength and reliability among the deciding factors.

If you’re already paying for Wi-Fi, you may be able to use your existing service, and cellular charger operators can opt for one of Hypercharge’s cellular plans.

For superior connectivity that maximizes uptime and peace of mind, choose Managed Networking from Hypercharge.

We’ll customize your network design for optimal site coverage and keep your connections stable with real-time monitoring, remote management of the infrastructure, and ongoing support.

On average, the cost of operating and maintaining a Level 2 EV charging station is roughly $400 per year, excluding the cost of electricity.

Designed for rapid charging and high turnover, DC fast chargers have more complex technology to maintain. As a result, their annual operating and maintenance costs are higher, averaging about $1800 per unit, excluding electricity.