Campbell Property Management presents "Installing Personal Electric Vehicle Charging Stations in Condominiums" for Association Board Members.
To learn more about Campbell Property Management, please visit: https://www.campbellpropertymanagement.com/
2. In 2019 almost 1/40 new cars sold
were electric vehicles (EVs).
This amount is expected to almost
double by 2022, with EVs representing
1/20 new cars sold, ultimately reaching
1/5 in a decade.
This trend is creating a need for a new
amenity at condominiums: EV
charging stations.
3. In Florida, condominium associations are
required by law to accommodate an
owner’s request to enable EV charging,
however, the cost for this accommodation
can be charged to the owner.
Read here for more information regarding
the laws in Florida..
There are two basic approaches to
addressing the need for EV charging
stations…
A. Installing Shared Charging Stations
B. Installing Personal Charging Stations
4. A. Installing Shared Charging Stations
In a space that can be used by all
on a first-come, first-served basis
via a pay per use model.
This is most practical when a
dedicated parking area is available.
5. B. Installing Personal Charging Stations
Assigned to an owner’s specific parking spot.
Primarily used when the condominium has
access-controlled garages, as opposed to an
open parking area.
For this SlideShare, we will focus on
how to install PERSONAL Charging
Stations at your condominium
association.
The following are the steps from our
experience…
6. Hire an electrician to find the
right connection point and do
the work correctly.
Decide where to install
charging stations and whether
to meter the individual
stations or use a “standard
cost per month” approach.
STEP 1
7. STEP 2
The condo’s initial investment to
set this up could be $5K to
$10K or more, so you will also
need to decide how much of
this cost to pass on to the actual
users via an upfront fee and/or
ongoing surcharge, which might
also cover some of the ongoing
maintenance requirements.
8. Once the central panel and sub-metering
installation is complete, the association
may determine how to charge owners
who request a personal charging station.
The association may charge the owner a
base fee to recover initial costs, the cost to
run power to the owner’s outlet and the cost
of the cable/connector.
All work should be done by the condominium’s
designated electrician and billed back to the
owner.
STEP 3
9. STEP 4
After installing an owner’s charging
station, the association may monitor
their power usage on a monthly or
quarterly basis which will be billed
back to the owner.
The condominium may also decide
whether to include a surcharge on the
electricity cost to cover maintenance
and other costs.
10. EV’s are catching on quickly and
accessible EV charging stations at
your condo can absolutely improve
resale value.
If you would like a copy of a more
detailed report emailed to you that
includes the average monthly cost of
electric charging in South Florida,
send an email with your request to
adietz@campbellproperty.com
STEP 5
11. To learn more about how to install
Personal Electric Vehicle charging Stations
at your Condominium Association, click here.
To learn more about Campbell Property Management,
South Florida’s highest rated Community Association
Management Company, click here.