The electric car market is significantly expanding, with 19.6% of UK new car registrations in 2024. This popularity increases the need for more charging stations nationwide in public spaces such as restaurants, pubs, garden centres, shopping centres, supermarkets and workspaces.
We’ve shared a guide on how installing an electrical charging station can generate revenue, the importance of destination charging and the new c50 charger.
How to generate revenue through charging stations
Installing an EV charging station on your site, whether it’s an office block, shopping centre or restaurant, helps more than the environment - it has the potential to generate revenue.
Electric vehicle chargers can be great for all businesses, such as restaurants and hotels, as you can increase footfall, new customers, brand loyalty, and earn money from the charger itself.
The first step is charging fees and increasing your business’s profit margin. Pricing models can vary based on your business goals and the expectations of EV charger users.
For example, you’ll have visitors for long periods in an office block, whereas the customer base can change regularly and for shorter intervals at restaurants.
EV charger pricing models
Pay-as-you-go EV charging: Consumers or employees can pay a pay-as-you-go fee to use the EV chargers to cover operational and installation costs.
Monthly price for regular EV charging: Some businesses choose a monthly price model where regular visitors can pay a monthly fee for a location they visit regularly, such as a supermarket or workplace.
How do I access the profits from my EV chargers?
We integrate your EV chargers at Devitech with a back-office management system, ensuring EV users can pay easily for charging sessions when plugging in. This system also provides businesses with comprehensive reporting and access to their revenue from the chargers.
Why is destination charging important?
Destination charging refers to charging your electric vehicle in a public place, such as a car park, shopping centre, hotel or restaurant. With the rise in electric cars nationwide, the demand and use of EV chargers is growing.
Whether helping colleagues or supporting customers, installing EV chargers makes every public space accessible for electric cars, ensuring a place to charge them on the go.
Destination charging benefits your business and electric car owners because you can gain revenue and build awareness as a sustainable establishment.
With fuel stations everywhere you look, EV charging stations are growing to cater for electric cars and hybrid vehicles.
Installing price options and maintenance for your EV charging station
EV Subscribe
If the initial cost of installing EV chargers worries you, our EV Subscribe package offers a recurring payment plan that allows you to pay for your EV chargers, using simple monthly payments with no upfront costs.
Benefits include:
- Personalised monthly plans and payments provided by our finance brokers
- Contracts from 24 - 60 Months
- The ability to monetise your chargers using our FUUSE Back Office Management Service
EV ChargeCare
We prioritise maintenance and aftercare for your EV charging station. We focus on monitoring your EV charging station, servicing them regularly and performing call outs when we can’t fix a problem remotely with our EV ChargeCare package.
EV chargers deserve the care and attention to maximise their efficiency and ensure your customers and employees can use them to their advantage.
Benefits of EV ChargeCare include:
- Maximum 72 working hour response time for EV charger failures or site attendance where required*
- Scheduled test and service per charger each year, as well as an EV charger annual inspection (options for more regular visits)
- Back office systems monitored out of hours (standard hours 9 am to 5 pm Monday to Friday)
ABB’s new C50 charger
ABB’s compact, fast-charger is tailor-made for destination charging, such as supermarkets, restaurants, and shopping centres. When people are out and about, access to charging points can minimise their stress and preparation, as they know there’s always somewhere to charge their car.
The C50 aids shoppers and consumers, enhancing retail and hospitality businesses and making charging easy.
Key features include:
- Optimal performance
- 50 kW output: A week’s worth of charge for a one-hour stay, per vehicle.
- 2x 25 kW granularity: Two vehicles charge simultaneously.
- User-centric interface
- The interactive HD touch screen helps EV drivers during the charging process.
- Configurable touchpoints
- Make your brand visible with physical touchpoints by changing the colours and logo placements.
- Digital touchpoints by integrating brands and loyalty programmes.
Graham Rowlands, Managing Director at Devitech
We know there’s so much to take in, so we’re here to help you every step of the way. Contact Devitech today for more information about EV charger installation.