Hypercharge has worked closely with many REITs, developers, and property managers to realize their ambitions for electric vehicle charging, both big and small.
Along the way, we’ve learned more than a thing or two about the complexities of large-scale installations and what it takes launch portfolio-wide charging successfully.
Here are a few of our favourite dos and don’ts for multisite rollouts, gathered from lessons learned during the strategic deployment of EV charging across hundreds of sites.
✅ Do Use Size to Your Advantage
over 250Installing EV charging across multiple properties offers substantial buying power, can streamline permitting and budgeting processes, and is a powerful risk mitigator.
Partnering with Hypercharge, you can avoid the perils of one-off projects and ad-hoc decisions by creating a data-driven strategic plan for EV charging that aligns with your overall investment framework.
Our experts bring valuable insights and comprehensive solutions to the table, gained from close collaborations with leading organizations.
One example is Deveraux Group of Companies, which has installed more than 230 Level 2 Hypercharge charging stations on its properties to date with over 400 more planned across 16 rental communities by 2027.
❌ Don’t Overlook Potential Revenue Streams
Charging fees aren’t the only way to earn revenue from your charging operation.
Boost your brand by custom wrapping your Hypercharge EV charging stations with your logo and harness the high-definition displays on select chargers to open up advertising and sponsorship opportunities. The Autel MaxiCharger AC Ultra, for example, offers an 8-inch HD touchscreen for vibrant and crystal-clear photo and video ads.
In British Columbia, commercial and multifamily properties can participate in the Hypercharge Carbon Credits Program, earning carbon credits from each charging session that are rewarded yearly with a cash or equipment payout.
✅ Do Consult with Your Tenants
Asking your tenants about their current and future EV charging needs is so important, it’s the second item on our 7-Point EV Charging Readiness Checklist For Largescale Property Owners.
Through meetings or surveys, you can collect essential information that will guide the number, type, of locations of your EV chargers, as well as any necessary electrical upgrades, and help secure your tenants’ support ahead of the installation process.
❌ Don’t Lose Money on One-Size-Fits-All Charging Rates
It may be tempting to offer all users the same rates for EV charging, such as standard monthly fee for all tenants of a residential building.
But what if one of the residents is a professional driver with an outsized appetite for charging?
What if you want to lower energy bills by incentivizing charging during off-peak hours?
Quantev™ Operations Suite, Hypercharge’s advanced analytics and management cloud-based platform, allows you to organize users into groups, set customized and dynamic charging rates, and analyze usage patterns for sophisticated control over when, where, and how chargers are accessed.
✅ Do Take a Holistic Approach to Clean Energy
When Mattamy Homes asked Hypercharge to supply more than 300 Level 2 EV charging stations to multifamily developments in the Greater Toronto Area, it positioned itself as a leader within the homebuilding industry in developing sustainable communities.
But Mattamy Homes’ commitment to the environment doesn’t begin or end with EV charging. The Hypercharge charging stations for Carding House, for example, a new five-storey mixed-use development in Oakville, Ontario, are complimented by a geothermal system, low-carbon concrete, and ground source heat pumps.
Together, these and other sustainable strategies will lower the building’s operational and embodied carbon emissions by as much as 29% annually when compared to Ontario Building Code requirements, and will help make Oakville a greener, cleaner community.
❌ Don’t Write Off EV Charging for Class B and Class C Properties
Perceptions about EV drivers and the complexities of retrofitting older properties can cause owners and managers to overlook opportunities for EV charging on Class B and C properties.
As EV adoption spreads, the demand for EV charging is increasingly critical for attracting and retaining tenants across a range of properties, and research has shown that businesses within diverse neighbourhoods benefit from introducing EV charging stations.
When underlying electrical infrastructure is a challenge, Hypercharge can recommend customized solutions that fit with selective upgrades or the existing power supply.
✅ Do Request a Hypercharge EV Ready Plan for Retrofit Projects
A Hypercharge EV Ready Plan makes retrofitting older buildings simpler and easier by combining a detailed assessment with a detailed blueprint for your charging operation.
We’ll evaluate your tenants’ needs, the properties’ current electrical capacity, and other essential inputs before laying out a clear plan that includes recommendations for upgrades, hardware and software, cost estimates, and an Electrical Planning Report (EPR).
❌ Don’t Wait for New Mandates And Regulations to Future-proof Your Portfolio
The data is clear: across hundreds of properties enhanced with Hypercharge charging stations, charger usage consistently goes up—month after month, year after year—along with EV adoptions rates.
The future is electric, with or without ramped-up mandates and regulations.
That’s why we work with property owners and managers and trusted electrical contractors to anticipate tenants’ future needs and ensure every property’s electrical infrastructure has room to grow.
Talk to Hypercharge
Launching a portfolio-wide charging operation requires savvy planning, an experienced partner, and advanced EV charging solutions.
Schedule a free EV charging consultation with one of our experts to learn more about how Hypercharge can help you plan and execute the large-scale deployment of EV charging stations across your properties.