Palms EV Chargers

EV Charging Stations for Multifamily Apartments

Your tenants are Driving Electric Vehicles; are you ready?

recharge center
Why EV Chargers

Benefits of EV Chargers for Apartment Tenants

One of the main reasons that property managers in apartment building complexes are starting to install electric vehicle charging stations is to attract residents. By providing this amenity, complexes can set themselves apart from the competition and convince potential tenants that they are making a smart choice by choosing their property.

Additionally, electric car charging can help reduce greenhouse gas emissions, which is an important consideration for many people. By investing in EV charging stations, multifamily apartments can show they are committed to the environment and to making a positive impact on the world.

Benefits of EV Charging Stations for Apartments

Discerning residents are choosing to live in communities that are concerned about the environment and provide green amenities. EV charging stations available in their parking space are a convenient and sustainable way to attract the high-value tenants that property owners are looking for.

The future of travel is clean. Charging with our EV chargers can achieve sustainability goals while meeting the latest regulations with ease! We offer smart installation options that make scaling an easy process – no matter if it’s a few chargers or hundreds needed in your apartment complex.

Charging your tenants doesn’t have to be an administrative nightmare. Our mobile app makes it a breeze. The app tracks usage during charging sessions, bills the tenant directly, and then we’ll send your cut to you. If your tenant has a payment issue on the app, they’ll call us, not you. We’ll take care of it.

Case Study

32 Level Two Chargers Installed at Zero Cost

In 2022 the property manager of a 2019 construction apartment building reached out to JLS Palms. The building is a newer luxury apartment complex with 27 units and 44 parking spaces located on Sunset Blvd in the Echo Park neighborhood of Los Angeles. Ownership did not install any EV chargers as part of the initial construction.

Through two programs, JLS was able to have 32 level two chargers installed at zero cost. Since then, tenant electric vehicle purchases have increased, providing a nice passive income to owners. All that was required of the property was to arrange Wi-Fi in the garage.

Echo-Park California

All Major Vehicle Manufacturers Supported

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Make a Profit with EV Charging

EV Charging is not only a fantastic way that building owners can attract residents and help the environment. It’s also an opportunity to generate revenue. When we install our fast-charging stations you and your tenants gain access to our free app.

You set the cost per kilowatt hour of charging. When your tenants charge their vehicles, we’ll bill them at the rate you set. The difference after the utility provider and maintenance charge is yours to keep as profit.

Best of all, you won’t have to worry about educating or supporting your tenants using the app. If they have any questions or problems with the app they can contact us directly and we’ll take care of it for you. Our support team’s services are available to your tenants so you don’t have to be.

Profit with EV Chargingn
Charging Stations
EV Charging Benefits

Get your EV Charging Stations FREE!

Apartment property owners know that EV Charging stations can require expensive equipment and installation, from the charging station itself to the software, electrical wiring, conduit, labor, permitting, etc. However, due to the growing demand for electric vehicles and the shortage of infrastructure to support them, governments are incentivizing the implementation of EV charging stations through tax credits and rebates.

Our partners work with utility companies that are offering full rebates on both the equipment and its installation to ensure that your charging stations are 100% FREE. We’ve done the paperwork with the utility companies and the cities, developed the software and the team to support it, to bring you a turn-key solution allowing you to provide convenient access to charging that costs you nothing.

These rebates are the result of current market conditions. They won’t last forever. As infrastructure catches up with demand, the tax credits and rebates that allow us to provide a free charger will disappear. Reach out to us today to put a free charger in each parking spot today!

Estimated Figures

What can I expect to earn?

For this example we are using data from Los Angeles. Data for your market may vary. In this market we suggest setting your price for electricity at $0.45/kWh, as the utility charges an average of $0.26. (For comparison, Tesla sets the rate at their level 3 supercharging stations at $0.57.kWh.) In this garage we had three Tesla Model 3’s and two plug-in hybrid vehicles charging at their leisure throughout one month. All cars used 1188 kilowatt hours of electricity for the month. We charge a $0.10/kWh fee for ongoing maintenance and software support.
EXAMPLE
Total kwh 1188
Income $534.60
Cost of Electricity ($308.33)
Support Charge ( $118.80)
Monthly Profit for 5 Vehicles $107.47