Explore how installing EV chargers at your site could generate ongoing revenue and offset your service charge costs using our example earnings calculator.
| Category | Details |
|---|---|
| Site type | Residential apartment development |
| Number of flats | 98 |
| Resident parking bays | 139 |
| Initial plug-in vehicles | 3 (EV + PHEV) |
| Charger type | 22 kW AC |
| Number of chargers (Phase 1) | 6 |
| Charger location | Converted visitor bays (assigned use) |
| Installation cost | £22,234 |
| Resident charging price | 36p per kWh |
| Electricity cost | 5p per kWh |
| Energy margin | 31p per kWh |
| Average usage per vehicle | 40 kWh per week |
| Idle fee policy | £4 per hour after 30-minute grace |
| Year 1 plug-in vehicles | 10 |
| Year 2 plug-in vehicles | 20 |
| Year 3 plug-in vehicles | 30 |
| Year 4 plug-in vehicles | 40 |
| Year 5 plug-in vehicles | 50 |
| Year 1 annual return | £11,450 |
| Year 2 annual return | £20,900 |
| Year 3 annual return | £30,350 |
| Year 4 annual return | £36,800 |
| Year 5 annual return | £43,250 |
| Total 5-year revenue | ~£143,000 |
| Payback period | 18-22 months |
| 5-year net return | ~£120,500 |
| 5-year ROI | ~540% |
*The above quote excludes line marking, ANPR installation for idling charges, and EV charge point management software.
If the figures above look appealing, get in touch for a free, no-obligation quote to see how much revenue your site could generate with our EV charging services.