Once you run a small business that’s visited by customers who attended for your requirements in their car there are ways to earn more income from them, and indeed accumulate new clients, by letting them charge their electric vehicles on your website for free.
Electric vehicles and hybrids only account for a tiny percentage of vehicles on the roads today but the amount will increase considerably over the following couple of years as the government aims to ban the sale of new petrol and diesel vehicles by 2040. Some MP’s are already saying that that is too long to attend, and the date ought to be brought forward to 2030. Whatever happens as regards that, the government is encouraging people to purchase electric vehicles by offering grants for the installing of EV charging points in the house and in the workplace.
The Office for Low Emission Vehicles is offering what is known as the OLEV Grant, specially named the Electric Vehicle Homecharge Scheme (EVHS), which can be 500 towards the expense of a receiving point. Additionally, in Scotland you will get up to and including further 300 from the Energy Savings Trust Scotland. So a normal electric car charging points installation costing 999 could be obtained for 199, saving 800. Once you run a small business, you are able to obtain grants of as much as 10,000 towards the expense of installing charging points.
Once you start to consider this from the viewpoint of a small business, there are ways to earn money from it. How lots of people drive to the supermarket to do their weekly shopping? Many, wouldn’t you say? And if you run a supermarket and install plenty of charging points which customers may use to charge their car free of charge, as opposed to paying for the electricity by charging in the home, where are they likely to do their weekly shopping?
Bearing at heart that right now you will get large grants for installing EV charging points added to the truth that more and more customers will be with them autonomous vehicle fleet management, offering free charging will encourage new clients to come calmly to your store as opposed to another.
Then there’s another factor. Think about those drivers who are now living in flats or in terraced houses in streets where there are no front gardens? They’ve to park in the street, and you can’t run electric cables over the pavement. There’s talk of installing charging points in lamp-posts and there are actually several hundred installed in 1 or 2 boroughs, but this would have to be rolled on an enormous scale.
Needless to say, if you will offer free charging you’ve to cover the electricity, and this depends on the power rating of the charger and the amount of time taken up to charge. In case a 7kWh top up charger is employed for one hour this can give a typical vehicle yet another 25 miles and cost the company 0.84p at an interest rate of 12p per kWh. With a 50kWh fast charger the same car would add 175 miles in one hour and cost 6.00.
Needless to say, nobody says that you’ve to offer free charging, although that’s one method of doing it. You can offer charging at a nominal rate to cover the expense of the electricity. That way, other than the installation cost, there are no ongoing costs, and yet you still keep the client on your own premises for the same length of time. That is quite suited to businesses whose customers need or wish to charge their vehicle and are willing to pay for something for the service.
Needless to say, there’s another model that make use of and that’s one where you make a profit on the charging. You will attract less customers this way, but if your customers have limited choice about where they can charge then they’ll still tend to visit your business.
There’s even another possibility and that’s that some installers and providers of chargers may offer to put in totally free and operate the chargers on a profit-making basis.
Certainly, it will be a couple of years before many people are driving electric vehicles, but now’s the time and energy to consider how you can benefit.