As you navigate the rapidly evolving world of business, there's one undeniable shift happening: the move towards electric vehicles (EVs). More employees are driving EVs, and the UK government is promoting the transition, albeit with some confusing messaging. So, what does this mean for your business premises? You can no longer sit on the fence; it's time to seriously consider installing EV charge points. But where do you start, and what do you need to know? Here's a simple guide to get you started.
- Cost-Benefit Analysis
Start by evaluating the financial implications. There's an up-front investment involved in installing charging stations, but don't let this deter you. Remember:
- Government Grants: The UK government offers the Workplace Charging Scheme (WCS), which provides vouchers to reduce the costs of the installation. This current scheme expires on 31.03.24 which will come round very quickly.
- Operational Savings: As the UK moves towards cleaner energy, traditional fuel costs might rise. Having EVs in your fleet could result in significant savings.
- Employee Satisfaction: Offering charging can boost morale, showing you care about your team's changing needs and the environment.
- Infrastructure & Installation
Think about the logistics:
- Space & Location: Where will the charging stations be placed? They need to be accessible to vehicles but also not obstruct regular business operations.
- Power Requirements: Check with a professional about your premises' existing electrical infrastructure. You might need upgrades to handle the additional load.
- Types of Chargers: There are different charging speeds, from fast to rapid chargers. Your choice will depend on the expected usage and budget.
- Operational Considerations
This is key because a management and maintenance agreement will be very beneficial:
- Maintenance: Regular maintenance checks ensure the chargers remain functional and safe.
- Usage Policy: Establish a clear policy for employees. Is charging free? How long can a car remain plugged in? Can visitors use it?
- System Management: EVC Connect is a flexible charge point management platform, designed to help you maximise the value of your chargers.
- Future-Proofing Your Investment
The world of EVs is advancing rapidly.
- Scalability: Ensure your infrastructure can handle more chargers as demand grows.
- Latest Technology: Opt for chargers that can be easily updated with new software, ensuring they remain compatible with new EV models.
- Environmental & CSR Implications
Let's not forget the bigger picture.
- Carbon Footprint: Highlight the reduction in your company's carbon footprint in annual reports. It's good for the environment and your company's image.
- Corporate Social Responsibility (CSR): Embrace the positive PR that comes from being an environmentally responsible business.
- Regulatory & Legal Considerations
Stay on the right side of the law:
- Planning Permissions: Depending on the scale, you might need permissions from local authorities.
- Safety Regulations: Ensure your chargers meet UK safety standards.
- Liability: Consider potential liabilities. What if someone trips over a cable? Ensure you're covered.
- Financial Models & ROI
Finally, as you'd do with any investment:
- Break-Even Analysis: Calculate the time it will take to recoup your investment.
- Revenue Streams: Some companies charge for the use of their chargers, creating an additional income stream.
The transition to EVs is the future of transportation. By considering the installation of EV charging stations at your business premises, you're not only showing foresight but also ensuring your company remains modern, adaptable, and responsible. It's an investment, yes, but one with potential tangible and intangible returns.
If you want to know more about anything to do with EV charge point installation for your place of work, commercial building, fleet vehicles, farm, holiday let or home, please
contact EVC Solutions – The Electric Vehicle Charging Specialists, and be part of the future today.
Adrian Cooper
Business Partnering
EVC Solutions Ltd
At EVC we do business that won’t cost the earth.
Contact EVC Solutions on 03300 904030 or or hit the CHARGE ME UP button below.
Want to know more about EV Charging? Download ‘10 Things You Must Know About EV Charging’ here.