Retail Co-Location May Prove Key to Sustainable Funding for EV Charging, Panel Finds
Adding charging facilities at retail and restaurant locations is one of the most profitable ways to increase EV infrastructure, a senior project manager at Atlas Public Policy said during a Wednesday webinar hosted by the Center for Climate and Energy Solutions that also featured representatives from Georgia Power and EVgo.
Charging stations bring in new customers and increase how long they stay, which results in additional sales, said Atlas' Charles Satterfield, one of the panel moderators. He added that analyses done by Atlas and others show this indirect income is usually more significant than user fees from the charging itself.
EVgo executive Jonathan Levy said the company has had particular success with grocery stores, and noted that most retailers seem to get the best results with DC fast chargers rather than slower Level 2 chargers.