by Patrick Lorimer
The surge of new and affordable electric vehicles (EV) coming to market has triggered waves of changing tenant and consumer behaviors. A recent report by NMHC/Grace Hill found that 27% of renters are interested in locations with available EV charging stations and would pay $30.00 more per month for this amenity. For retail and office properties, EV charging is also shifting from an amenity to a revenue stream.
Beyond attracting tenants and shoppers or generating revenue, property owners and investors who install electric vehicle charging stations may now take advantage of a growing number of rebates and tax incentives.
Read Patrick Lorimer’s article in GlobeSt.