How to Monetise EV Charging Stations

Charging a Fee

Businesses can generate additional income by charging fees for the use of commercial EV charging stations. Depending on the end objective, there are various approaches that can be taken to effectively maximise revenue and keep customers happy.

Fees based on energy consumption

This pay-per-use charging system allows for fair and accurate charging for EV owners, as they only pay for the amount of electricity they consume while charging their vehicle. This helps to promote responsible energy consumption and ensures that users are not overcharged for services they do not use.

Fees based on time

Another charging structure for EV stations involves fees that are determined by the amount of time the vehicle is plugged in. This can help discourage vehicles from staying plugged in for too long and increase the turnover of charging spots.

EV Charging Subscriptions

Monthly subscription options offer convenience and cost savings for frequent users, as they can pay a set fee each month for unlimited charging at the station. By offering these alternative charging options, EV stations can attract and retain a loyal customer base.

Commercial fleets can make use of EV charging subscriptions. By providing personalised charging plans that cater to the specific requirements of each fleet, it guarantees efficient and cost-effective vehicle charging, as well as a continuous source of income.

Fees for Fast charging

Electric car charging is a convenient service that drivers are willing to pay for, especially when it includes fast charging. Offering higher fees for faster charging options, such as DC fast charging, can be appealing to people in a hurry and also increase revenue.

Smart Energy Management

Providing EV charging services isn’t the only way to monetise EV charging systems. Businesses can also save money by implementing smart energy management techniques. By utilising advanced technologies and strategies, they can optimise energy efficiency and reduce costs.

Integrate Energy Storage Solutions

Businesses can enhance their EV charging stations by integrating battery storage systems to save extra energy when prices are low and sell it back when demand is high, reducing energy expenses. 

Storing excess energy during off-peak times and utilising it during peak hours can help reduce peak demand charges and ensure a consistent power supply.

Invest in Renewable Energy

Consider installing solar panels or wind turbines at charging stations to produce renewable energy. This surplus energy can either be sold to the grid or used to charge vehicles, decreasing dependence on grid power and cutting down operational expenses. 

Additionally, companies can provide customers with the choice to charge their vehicles with 100% renewable energy for an extra fee, attracting eco-friendly clients.

Participate in demand side response

Participating in Demand Side Response allows businesses to adjust their electricity usage to support the balance of Britain’s electricity system. 

In exchange, they can benefit from financial rewards, lower costs, decreased carbon emissions, and contribute to the shift towards a greener energy system. By cutting back on usage during peak hours or moving it to off-peak times, they can also see savings on their energy bills.

EV Charging Solutions

At Cleaner Group, our comprehensive EV charging solutions are designed to make operations more efficient, reduce costs, and encourage eco-friendly practices. Our high quality services cover everything from product design to installing and providing ongoing maintenance support.

For more information on how we can help drive your business towards a sustainable future, please get in touch with us today.