The Financial Benefits of Installing an Electric Vehicle Charger for Your Business

Written by Ross Hersey

 

The automotive industry is quickly shifting towards a more electric future. For businesses, this presents a unique opportunity to reap significant financial rewards. Investing in Meridian’s Automotive EV Charger solutions at your business can provide a multitude of economic benefits such as:

 

Government Incentives

Many government entities offer financial incentives for businesses that install EV charging stations. These can include tax credits, grants, and rebates, significantly reducing the upfront costs of installation. For instance, in the United States, the Federal Alternative Fuel Infrastructure Tax Credit provides a tax credit of up to 30% of the cost of installing an EV charger, with a maximum credit of $30,000. Learn more about these tax incentives and how to qualify here.

State and Local Benefits

In addition to federal incentives, various state and local programs offer additional financial support. These can include further tax credits, rebates, or even funding assistance programs that makes paying for installation a breeze.

 

Enhanced Customer Experience

Meridian’s EV charger solutions can significantly enhance your customers’ experience. EV drivers often plan their stops based on charging availability, so having a charger can attract these customers to your business. This is especially beneficial if you own a retail store, restaurant, or other service-based business where customers can shop, dine, or use your services while their vehicle charges.

 

Competitive Advantage

Meridian’s newest EV Charger will make you stand out from your competition!  This added convenience will encourage customers to choose you over anyone else. Having an EV Charger at your place of business also helps your brand image, meaning better word of mouth.

 

Employee Perks

Meridian’s EV Charger solutions can be an attractive perk for employees who drive electric vehicles. This can improve employee satisfaction and contribute to a positive workplace culture. Happier employees mean more productive employees!

 

Attracting Top Talent

Meridian’s EV Chargers can help attract top talent, particularly younger workers who are often more tech savvy. This can give your business a competitive edge in the job market, making it easier to recruit top-tier employees.

 

Charging Fees

Your business can use our chargers to generate additional revenue by charging users for the electricity our chargers use. Many EV drivers are willing to pay more for the convenience of charging their vehicle while they shop or work. Implementing a fee-based charging system can turn your EV charger into a steady income stream.

 

Extended Customer Dwell Time

EV charging typically takes longer than refueling a gasoline car. This can lead to higher spending in your business, as customers have more time to explore your products or services while they wait for their vehicle to charge. In other words, Meridian’s EV Charging solutions can help you gain a captive audience!

 

Adaptation to Market Trends

When you install one of Meridian’s patented EV Chargers, your business will stay ahead of the growing and changing Electric Vehicle market.

 

Real Estate Value

Meridian’s EV Charger solutions can increase the value of your property. As EV adoption grows, properties with charging facilities will become more desirable, meaning higher rental or resale values.

 

Conclusion

When you invest in one of Meridian’s Automotive EV Charging Solutions, you’re not just making an eco-friendly decision—you’re making a strategic financial investment. From attracting customers and employees to taking advantage of government incentives and generating additional revenue, the benefits are substantial. As the world moves towards a more sustainable future, now is the perfect time for your business to enjoy the financial rewards that come with it. Find out how by emailing Sales@Mzero.com or by calling one of our sales representatives at 868-454-6757 today!

Why Meridian Kiosks?

Since 1999 Meridian has been providing cutting edge self-service solutions. The true benefit of Meridian comes from our ability to understand each solution individually and its function in the real world. Unlike other providers, Meridian specializes in custom solutions, so every solution has been painstakingly designed to maximize effectiveness. Meridian’s designs focus on the pixel quality of the display screens to the accessibility for maintenance staff. Meridian’s unique in-house approach allows for each solution to fit the customer’s needs rather than trying to fit the customer’s needs around an existing machine.

Meridian assists customers through the entire process of determining which type of solution is right for their company’s individual needs. Our highly trained team works directly with you to identify all the important features and functions needed for the Smart Locker to accommodate. Additionally, Meridian’s talented representatives help you choose the right hardware and software for your space. Meridian’s decades of experience help to advice aspects like constraints in floor space to matching existing aesthetics. Get started today to speak with one of our associates.

 

 

June 19, 2024