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How EV Charging Boosts Value at Commercial Real Estate

Blink Charging

Commercial real estate and electric vehicle (EV) charging are a natural fit. According to research firm Nareit, commercial real estate in the United States was valued at nearly $21 trillion in the second quarter of 2021. Commercial real estate owners and investors are always looking for ways to increase the value of their properties.

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. Kentucky will implement the kWh tax starting in January 2024.

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. Washington state offers tax credits for up to 50% of the costs of equipment and related costs.

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Take Advantage of New York State EV Tax Credits and Save

EV Connect

Once your company takes advantage of federal EV tax credits, EV Connect can help you find available New York State EV tax credits that will help defray costs further and maximize your investment for years to come. Upgrading your Fleet Federal tax credits offset up to $7,500 of the cost of purchasing a new electric vehicle.

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Where to Start with EV Charging for Convenience Stores & Truck Stops

Blink Charging

Convenience stores and truck stops are in a fantastic position to take advantage of available federal funding for DC fast charging stations. If you prefer EVs to charge for less than an hour, DC fast chargers can help your location serve more drivers per hour. Not located in a designated AFC?

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Three Major Sources of Funding for EV Charging at Convenience Stores and Truck Stops

Blink Charging

National Electric Vehicle Infrastructure (NEVI) Program Each of the 50 states, Washington, DC, and Puerto Rico was allocated funds to distribute to eligible businesses. In addition, funds must be used for the installation of a bank of at least four 150kW DC fast chargers at a given location.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

The systems store electrical energy, allowing dealerships to utilize it during off-peak hours, taking advantage of lower electricity rates. Daily and seasonal variations in electricity demand mean that during regular weekday business hours ( on-peak ), demand is high in commercial zones. In the second quarter of 2023 , the U.S.