Unlocking New Value, Revenue, and Retention for Multifamily Properties

This white paper explains the essentials of bringing EV charging systems to apartment complexes. Readers will learn why demand is rising, what infrastructure and operational requirements must be considered, and how incentives and cost-saving programs can reduce investment. It also highlights revenue opportunities, tenant retention advantages, and property value gains. Designed for property owners and managers, the paper provides a clear roadmap to evaluate, plan, and implement EV charging successfully.

Electric vehicles are no longer niche — they’re mainstream. Yet, fewer than 5% of U.S. apartments currently provide charging, despite the fact that over 50% of EV drivers live in multifamily housing. This gap creates both a challenge and an opportunity for property owners.

This white paper delivers a step-by-step guide to understanding, planning, and implementing EV charging systems at apartment complexes. It’s packed with insights designed to help you:

– Retain and attract tenants by offering a high-demand amenity.
– Boost property value and secure long-term investment advantages.
– Unlock new revenue streams through charging fees, rent premiums, and partnerships.
– Reduce costs using grants, rebates, and incentive programs.
– Simplify operations with modern, turnkey charging management solutions.

By reviewing real-world case studies, practical benchmarks, and an actionable implementation roadmap, this paper helps decision-makers understand not just why EV charging is essential, but how to roll it out effectively and profitably.

What You’ll Learn

This white paper covers the core elements of successful EV charging adoption in multifamily properties:

1. Why Act Now

Tenant turnover risk without charging (average cost: $2,500–$3,500 per unit).
Competitive advantage in attracting environmentally conscious renters.
Regulatory trends requiring EV-ready parking in many regions.

2. What’s Required

Electrical infrastructure and parking space considerations.
Charger types: Level 2 (most common) vs. DC fast charging.
Integration with management software and OCPP standards.

3. Revenue Opportunities

Direct revenues: per-use fees, subscriptions, premium parking.
Indirect revenues: higher rent, reduced vacancy, property appreciation.
Emerging opportunities: advertising, fleet partnerships, and vehicle-to-grid (V2G).

4. Benefits to Property Performance

Up to 19% fewer move-outs at properties with EV charging.
Rent premiums of £25–£75/month for EV-ready spaces.
Higher appraisals from ESG and sustainability positioning.

5. Incentives and Cost Reductions

Federal tax credits covering up to 30% of project costs.
State and utility programs that cover 30–70% of installation costs.
Partnerships and cost-sharing models that minimize owner expenses.

6. Case Studies & Roadmap

Properties that gained occupancy, revenue, and incentives through charging.
A clear roadmap: assessment → planning → funding → installation → operation → scaling.

Why Register to Download

Apartment complex owners will gain a practical guide to making EV charging pay off—with proven strategies to increase revenue, reduce turnover, and future-proof their properties.

EV charging integrators will discover the talking points, benchmarks, and ROI models that resonate most with property decision-makers, giving them an edge in business development.

⚡ EV charging is no longer optional — it’s the key to competitive, profitable, and sustainable apartment communities.

Download the full white paper to see how to unlock these opportunities now.

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