Are you thinking about adding an EV charger to your vacation rental or short-term rental property? Here’s why an EV charging station is a worthwhile investment and the steps to get your system up and running with effortless ongoing management.
For vacation rental owners, integrating EV chargers not only enhances the attractiveness of their property but also presents a valuable new revenue stream. In this post, we’ll explore the benefits of EV charging for vacation rental owners and delve into the current market solutions for installation and management.
Benefits of Installing an EV Charger at Vacation Rentals
- Attract a Wider Customer Base: The growing number of EV owners are always on the lookout for properties that can cater to their charging needs. By having a Level 2 charger at your vacation rental, you differentiate yourself from competitors and cater to this ever-evolving market. An overnight charger for an EV roadtripper is not just a “nice to have,” but a “need to have” amenity.
- Increased Property Value: EV charging stations can increase your property's desirability and value. Many travelers consider it a premium amenity, which means you can command higher rental rates.
- Environmentally Conscious Image: Showcasing your commitment to green initiatives can appeal to a large demographic of eco-conscious travelers. By reducing carbon emissions, you’re actively participating in the fight against climate change.
- Revenue Opportunities: Beyond just attracting more bookings, EV chargers can be a direct revenue source. Solutions like EVmatch allow owners to set their own pricing for charging, turning the charger into a profit center.
How to Install and Manage an EV Charger
Charging Hardware: There are numerous types of EV chargers on the market today, but if you want the ability to collect payment for the energy being used, a smart charger will be the best option. At EVmatch, there are two integrated chargers that fit the bill!
- Enel X Juicebox - a versatile Level 2 (240V) EV charger known for compatibility with various EV models. The JuiceBox features smart charging capabilities, allowing remote monitoring and control via the EVmatch software platform. With a compact design, high power output options, and potential load management features, the JuiceBox provides a convenient and efficient charging solution for EV users and property owners alike.
- Wallbox Pulsar Plus - a user-friendly Level 2 (240V) home and commercial EV charger, featuring a super compact design and compatibility with various electric vehicle models. The Wallbox Pulsar Plus also offers smart charging capabilities, allowing property owners to control and monitor the charging process remotely through a mobile app. With a sleek and compact design, the Pulsar Plus is designed for easy installation in residential environments.
Installation: Electrical installation needs can vary based on property specifications and local regulations. However, here are some general pointers:
- Professional Assessment: Before installation, have an electrician evaluate your property’s electrical capacity and infrastructure. For additional details, check out EVmatch’s EV charger installation guide and checklist, with details on power needs, circuit breaker requirements, and other technical information.
- Permitting: Many local jurisdictions require an electrical permit for Level 2 EV charger installations. Check with your municipality or county to obtain a permit application or ask your electrician to file one on your behalf.
- Installation: Rely on an electrical professional with experience in EV charger installations by assessing reviews via Google, Yelp, or even Angie’s List.
Utilize Management Software: EVmatch software allows vacation rental hosts to set prices for electricity costs and control access to their station while drivers can easily book reservations and pay directly through the app. The software also provides data tracking and reporting so managers know exactly how their chargers are being used, and when more are needed!
Opportunities to Earn Revenue:
- Pay-per-use: Charge users based on the amount of electricity they consume. Hosts have the opportunity to set their own price for charging.
- Differentiated group access: Allow differentiated access for various groups to control payments, reservations, and more! For example, property owners can charge AirBNB and VRBO guests for charging sessions, but then charge their own vehicles for free with an access code through the EVmatch app!
- Affordable pricing for property owners: Priced at just $10/month for vacation rental hosts, EVmatch’s software unlocks a new revenue opportunity for short-term rental owners and ensures they are never stuck footing the electric bill for their guest’s EV charging.
As the transportation landscape shifts towards electrification, vacation rental owners stand at the crossroads of opportunity. Installing an EV charger isn’t just a nod to sustainability—it’s a strategic move to tap into an evolving market, elevate property appeal, and diversify revenue streams. EVmatch has specifically designed an affordable and flexible solution to meet the unique management and payment processing needs of vacation and short-term rentals. The initial investment can yield significant returns in both tangible revenue and intangible benefits, such as customer loyalty and brand differentiation. The EV wave is here, and for vacation rental owners, the time to ride it is now!