3 ways EV charging can boost your bottom line

EV charging

More electric vehicles (EVs) are on the road than ever before, and they'll need places to recharge. Why shouldn't your business pave the way and join the movement toward sustainability?

Installing EV chargers at your business can benefit your bottom line and the community at the same time, and what can be better than that?

1. Improved company reputation

Installing EV chargers supports eco-friendly transportation and reflects well on your business. Making strides to go green is no small feat, and sharing that information with the public is a great way to boost your company's reputation.

Share your sustainability goals and how EV charging fits into the picture, and you're sure to catch the eye of eco-friendly customers and potential employees alike.

2. Increased consumer interest

Once word spreads about your EV chargers, you'll find new customers drawn in and more prospective employees attracted to your company.

Employee satisfaction is bound to increase, too. If they already own EVs, being able to charge at work will be a huge bonus, and current employees considering EVs will have one less barrier to adoption.

3. Boosted sales

Even if some customers don't come with a perfect plan in mind, the availability of EV charging at your business will encourage them to stay longer to browse, ask questions and form a relationship with your business. After all, the longer they stay, the longer their vehicle can charge.

Financial incentives can help

Although installing EV charging stations can be a big investment, financial incentives can help. Federal tax credits can cover up to 30% of the installed cost of charging stations, subject to a limit of $100,000. Eligible charging equipment must meet specific demographic and labor standards. We Energies also offers a pilot program to help offset the costs of installing EV charging stations for your fleet, employee, customer or public use at your facility.

The benefits EV chargers can have for your business and the community are well worth the upfront cost and installation. Employees — both current and future — and customers will appreciate your commitment to sustainability and the perks they can enjoy, too.