Electricity should be used immediately. If you wait to install EV charging stations on your property, you won’t be able to take advantage of EV charging India incentives (rebates and tax credits) or reap the numerous financial advantages of EV charging stations. Businesses may get refunds on electric vehicle charging infrastructure, with some covering as much as 100 percent of the cost of EV chargers and installation, to encourage them to invest in the rapidly expanding electric vehicle sector. So, what are the financial gains that companies might anticipate from installing EV charging stations?
- Gain clientele.
Electric vehicle drivers need access to charging infrastructure and must plan for downtime while their vehicles’ batteries recharge. People who can afford to shop at your establishment are the people who would most like spending time there. Customers are more likely to spend money if they spend longer time in a store.
- Foster faithfulness among your clientele.
You’ve probably heard this before, but consumers are increasingly choosing which businesses to support not because of the quality of their products or services, but because of the values those businesses uphold. Customers will associate your business with sustainability and social responsibility if they notice electric vehicle charging stations on the premises. There will be an increase in clients eager to buy from you again.
- Make yourself noticeable.
Give your customers a perk that no one else is offering. To attract customers who use electric vehicles, you should provide an EV charging station. Conversely, your rivals will appear like they aren’t as eco-friendly as you are.
- Promote your company by making it known to the public.
Your company may get customers who use electric vehicles by installing a public charging station and advertising it on an EV charging station map (such as ChargeHub, PlugShare, or OpenChargeMap). A customer driving an electric vehicle may readily locate your company, regardless of whether or not you really sell anything there.
Some EV charger manufacturers even let you put your company’s logo on each charging station, which is great for advertising.
- Get and keep good people.
Top-tier employees who need a place to charge their phones while away from home will be attracted to companies that provide such charging stations at the office. Even if not all of your employees now possess electric vehicles, you’ll want to keep up with demand rather than fall behind.
Furthermore, whether or not they personally own an electric vehicle, workers will be drawn to and remain loyal to your company. Employees are more likely to stay with a company that shares their values and is devoted to sustainability if that company is ranked highly in a poll.
Build up the worth of your home.
More than half of apartment renters, according to some research, are either interested in or would not rent without eco-friendly features. Realtor.com showed that the cost of a home was 2.6% more in areas with access to EV charging stations than in other parts of the nation.