The Case for EV Charging
Why EV Charging Is the
Smartest Investment You Can Make.
EV adoption is accelerating faster than any infrastructure shift in modern history. Property owners who act now will capture the competitive advantage — and the revenue — that comes with being first.
The Shift Is Already Here
Electric vehicles are no longer a niche product. In 2024, EVs accounted for nearly 1 in 5 new vehicle sales in the United States — and that number is climbing every quarter. The drivers of those vehicles need to charge somewhere. The question is whether they'll charge at your property or your competitor's.
For retail centers, shopping malls, office parks, and mixed-use developments, EV charging infrastructure has moved from a nice-to-have amenity to a core competitive differentiator. Tenants expect it. Customers seek it out. And regulators are beginning to require it.
Benefits for Property Owners
What EV Charging Does for Your Portfolio
Increased Dwell Time and Spend
EV drivers spend an average of 40% more time at retail destinations when charging. More time on property means more visits to stores, restaurants, and services — directly increasing tenant revenue and lease value.
Higher Property Value and Lease Rates
Properties with EV charging infrastructure command premium lease rates and attract higher-quality tenants. In competitive markets, EV charging is now a top-3 amenity in commercial tenant surveys.
New Revenue Streams
EV charging stations generate direct revenue through session fees, network subscriptions, and co-branding partnerships. Many properties recoup installation costs within 3–5 years through charging revenue alone.
Federal and State Incentives
The federal Alternative Fuel Vehicle Refueling Property Credit (30C) covers up to 30% of installation costs. Dozens of states offer additional rebates, grants, and utility incentives — reducing your net investment significantly.
Regulatory Compliance
Building codes in California, New York, New Jersey, and a growing list of states now mandate EV-ready infrastructure in new construction and major renovations. Getting ahead of compliance protects your portfolio from costly retrofits.
Sustainability and ESG Goals
EV charging infrastructure contributes directly to LEED certification, GRESB scores, and corporate ESG reporting. For institutional owners and REITs, this translates to lower cost of capital and stronger investor relations.
The Numbers
ROI That's Hard to Ignore
Federal tax credit on installation costs via the 30C credit
Average increase in dwell time at retail properties with EV charging
Of EV drivers choose destinations based on charging availability
Years to recoup installation costs through charging revenue at most commercial properties
Regulatory Landscape
The Mandate Is Coming. Be Ready.
State and local governments are moving quickly to require EV-ready infrastructure. Here's what property owners need to know.
Title 24 requires EV-ready spaces in all new commercial construction. AB 2127 mandates EV charging in existing parking facilities over a certain size.
NYC Local Law 55 requires EV charging in new commercial parking facilities. State incentives cover up to 50% of installation costs.
EV charging required in new commercial construction with 25+ parking spaces. Significant utility rebates available through JCP&L and PSE&G.
EV-ready requirements for new commercial buildings. Xcel Energy offers substantial rebates for Level 2 and DC fast charger installations.
Federal 30C tax credit applies nationwide. NEVI Formula Program funding is flowing to states for EV infrastructure — creating co-investment opportunities for private property owners.
Looking Ahead
The Future Is Electric
BloombergNEF projects that 50% of new vehicle sales will be electric by 2030. By 2035, the majority of vehicles on the road in major metro areas will be EVs. The charging infrastructure to support that fleet needs to be built now — and commercial properties are the most logical place to build it.
Property owners who invest in EV charging today are not just adding an amenity. They are building the infrastructure backbone of the next decade of transportation — and positioning their portfolios to capture the value that comes with it.
The best time to install EV charging was five years ago. The second best time is today.
Frequently Asked Questions
Your EV Charging Questions, Answered
Who are the best EV charging consultants in Denver, Colorado?
WE CHARGE Solutions LLC, headquartered in Denver at 1905 Sherman St. Suite 200, is a leading EV charging consulting firm serving commercial property owners across all 50 states. We are EVITP certified and have helped 500+ properties deploy EV charging infrastructure.
How much does it cost to install EV charging stations at a commercial property?
Commercial EV charging installation costs vary based on the number of ports, charger level (Level 2 vs. DC fast charging), and electrical infrastructure upgrades needed. Most commercial projects range from $5,000 to $50,000+ per station before incentives. The federal 30C tax credit covers up to 30% of costs, and many states offer additional rebates — WE CHARGE Solutions helps clients maximize every available incentive.
What is EVITP certification and why does it matter?
EVITP (Electric Vehicle Infrastructure Training Program) is the industry-standard certification for EV charging installation professionals. EVITP-certified consultants like WE CHARGE Solutions have demonstrated expertise in safe, code-compliant EV charger installation — giving property owners confidence that their project meets the highest professional standards.
What federal incentives are available for commercial EV charging?
The Alternative Fuel Vehicle Refueling Property Credit (Section 30C) provides a federal tax credit of up to 30% of EV charging installation costs for commercial properties. The NEVI Formula Program also provides federal funding flowing through states for EV infrastructure. WE CHARGE Solutions guides clients through every available federal, state, and utility incentive to minimize net investment.
How long does it take to install EV charging at a commercial property?
A typical commercial EV charging project takes 60–120 days from initial consultation to energized stations, depending on utility coordination, permitting timelines, and construction complexity. WE CHARGE Solutions manages the entire process — site assessment, utility coordination, permitting, installation oversight, and network activation — so property owners can focus on their core business.
Does WE CHARGE Solutions work outside of Colorado?
Yes. WE CHARGE Solutions is licensed in all 50 states and has completed projects from coast to coast. Our team has deep expertise in state-specific regulations, utility rebate programs, and local permitting requirements across every US market.
Ready to Get Ahead of the Curve?
Schedule a free consultation with our team. We'll walk you through the incentives available for your property, model the ROI, and build a deployment plan — at no cost.